Course Project
Analyzing the Financials
For this course’s Group Project, you will analyze the financial statements of British Petroleum PLC (BP), a global energy corporation as of 2009. ( http://www.bp.com/en/global/
Part 3: BP PLC’s Intangible Assets
Answer the following questions about BP PLC in a 1- to 2-page Word document:
What intangible assets does the company hold?
How are the costs of these assets managed over time (e.g., amortized, written-down)
What percentage of total assets do these intangibles represent?
What information can be gained from the various financial statements and the related notes in the company’s annual report?
Part 4: BP PLC’s Liabilities
Research and answer the following questions about BP PLC in a 1- to 2-page Word document:
Discuss the types of current liabilities that BP PLC reported as of December 2009.
What portion of total debt do these short-term liabilities represent?
How much does BP PLC rely on debt-financing to fund its operation?
What further information can be gained about BP PLC’s short-term obligations from the various financial statements and related notes in the company’s annual reports?
What other reports must publicly traded corporations file in order to remain in compliance with the Securities and Exchange Commission (SEC)?