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Kingfisher airlines limited

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Kingfisher Airlines Limited submitted financial statements showing increased revenue over time despite losses, indicating overstated income from sales. While cash flow from operations was high, profits were reduced due to overly aggressive accounting. The company overstated income, assets, and equity over several years, failing to accurately portray its financial position to investors. Due to overstated income, the company's earning quality was very low.

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SUBMITTED TO:- SUBMITTED BY:- Professor Meena Sharma Mohit Goyal Vishal Vivek Ravneet Kaur KINGFISHER AIRLINES LIMITED
FINANCIAL STATEMENTS OF KINGFISHER AIRLINES LIMITED
Kingfisher airlines limited
Kingfisher airlines limited
Kingfisher airlines limited
Kingfisher airlines limited
Kingfisher airlines limited
Kingfisher airlines limited
Kingfisher airlines limited
FINANCIALANALYSIS
Kingfisher airlines limited
Kingfisher airlines limited
Kingfisher airlines limited
Question 2:- Analysis ? There has been an increase in revenue in spite of losses over a period of time indicates that company has overstated its income from sales. ? Cash flow from operations was high, which indicates overly aggressive accounting which reflected in reduced profits. ? Income, Assets and Equity has been overstated over the years by the company which does not tell us the true financial position of a company. ? We can conclude from above points, company has never depict the true picture of their financial status to their investors and as the income has been overstated by the company, its earning quality has been very low.

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Kingfisher airlines limited

  • 1. SUBMITTED TO:- SUBMITTED BY:- Professor Meena Sharma Mohit Goyal Vishal Vivek Ravneet Kaur KINGFISHER AIRLINES LIMITED
  • 14. Question 2:- Analysis ? There has been an increase in revenue in spite of losses over a period of time indicates that company has overstated its income from sales. ? Cash flow from operations was high, which indicates overly aggressive accounting which reflected in reduced profits. ? Income, Assets and Equity has been overstated over the years by the company which does not tell us the true financial position of a company. ? We can conclude from above points, company has never depict the true picture of their financial status to their investors and as the income has been overstated by the company, its earning quality has been very low.