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Introduction This report provides data obtained through ratio analysis, about the profitability, liquidity, asset management and debt utilization of Mayne Group Ltd. for the years 2001-2002. Mayne Group Limited is one of Australia’s leading providers of private healthcare services. Mayne Group is mainly involved in the manufacture of pharmaceuticals & consumer products, and providing of healthcare and logistic services. In this report Mayne Groups financial status has been compared with two companies, Blackmores Limited and Gribbles Group Limited. Both these companies provide same products and services as Mayne Group and are classified in the HealthCare Equipment & Services industry along with Mayne by the Australian Stock Exchange. This report will highlight the strengths and weaknesses of Mayne Group in comparison with its competing companies and at the same time will offer some explanation for the changes observed. The report will also comment on the prospects of the company from an investor’s point of view and make recommendations that would improve Mayne Group Ltd’s current performance. Module 2 Areas of Judgement Financial statements not only involve cash transactions, but also cash equivalents of assets & liabilities. This involves a fair amount of judgement in terms of valuations, which may escape the attention of unsophisticated readers of financial statements.
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