Instructions for Submission
Please state the following details on your cover page of your assignment:
Module Leader: Navin Kuma
Module title: Financial Management
Module Number: PSB6005CL
Word limit: Maximum 1,500 words
Any penalties for not complying with word limits will be in accordance with university and faculty policy.
Learning Outcomes Assessed
The following learning outcomes are being assessed.
1. Critically discuss the role and purpose of the financial management function.
2. Examine and apply working capital management techniques and to advise on the profitable and efficient utilisation of the company's assets.
COURSEWORK QUESTION:
(1) Discuss the Credit Suisse’s working capital practices and cu
ent issues/problems.
address 1 working capital problem will do. Credit suisse used far too much capital for far too little return and dragged down the whole group's profits. It consistently destroyed value for investors. This is part of the working capital issue, can discuss and evaluate this point and provide the relevant information.
a) need to have at least 3 years of financial report to discuss/evaluate.
) maybe can apply ROA formula in the report
(2) Give suggestions or recommendations to the company in terms on how they can manage their working capital.
Annual Report XXXXXXXXXXConsolidated financial statements – Credit Suisse (Bank)
429
VIII – Consolidated
financial statements –
Credit Suisse (Bank)
Controls and procedures 431
Report of the Statutory Auditor 432
Report of the Independent Registered
Public Accounting Firm 432-IV
Consolidated financial statements 433
Notes to the consolidated financial statements 440
430 Consolidated financial statements – Credit Suisse (Bank)
Notes to the consolidated financial statements
1 Summary of significant accounting policies ....................................................... XXXXXXXXXX440
2 Recently issued accounting standards............................................................... XXXXXXXXXX440
3 Business developments, significant shareholders and subsequent events ............ XXXXXXXXXX441
4 Segment information ....................................................................................... XXXXXXXXXX441
5 Net interest income ......................................................................................... XXXXXXXXXX442
6 Commissions and fees..................................................................................... XXXXXXXXXX442
7 Trading revenues ............................................................................................. XXXXXXXXXX442
8 Other revenues ............................................................................................... XXXXXXXXXX442
9 Provision for credit losses ................................................................................ XXXXXXXXXX442
10 Compensation and benefits ............................................................................. XXXXXXXXXX443
11 General and administrative expenses ................................................................ XXXXXXXXXX443
12 Restructuring expenses ................................................................................... XXXXXXXXXX443
13 Revenue from contracts with customers ........................................................... XXXXXXXXXX444
14 Securities bo
owed, lent and subject to repurchase agreements ........................ XXXXXXXXXX445
15 Trading assets and liabilities ............................................................................. XXXXXXXXXX445
16 Investment securities ....................................................................................... XXXXXXXXXX445
17 Other investments ........................................................................................... XXXXXXXXXX447
18 Loans............................................................................................................. XXXXXXXXXX448
19 Financial instruments measured at amortized cost and credit losses ................... XXXXXXXXXX449
20 Goodwill ......................................................................................................... XXXXXXXXXX456
21 Other intangible assets .................................................................................... XXXXXXXXXX457
22 Other assets and other liabilities ....................................................................... XXXXXXXXXX457
23 Leases .........