You are to write a 2500-word report as though you were a consultant writing to the board of directors of a company considering embarking on a major new joint venture with BT Group plc. The board want to assess the listed company’s performance over the past 3 years. Your report should cover the following:
i. Background – Discuss BT Group pic’s corporate objectives and how these have changed over the past 3 years. Discuss the key opportunities and major problems that BT Group pic has encountered over the past 3 years and is now facing going forward
ii. Evaluate the financial statements and other non- financial information to assess how BT group pic has performed over the past three years taking into account any problems or opportunities identified in (i). This should be an interpretation of the ratios NOT the calculation of the ratios
iii. Discuss how BT Group pic’s performance over the past three years compares with two of its main competitors. Your answer should include a common size statement and some discussion as to whether the competitors identified faced the same opportunities and problems that listed company faced. How these where are reflected in the competitor’s financial statements
iv. Conclusion – Discuss whether in your opinion your company board should back a new joint venture with BT Group pic. You need to draw on your analysis discussed in (i), (ii) & (iii) above