| Download as PDF | |
DIMOColombo, Sri Lanka
Report FactsCompany name: DIESEL & MOTOR ENGINEERING PLC.Fiscal year end: March 31, 2010 Report title: Vying With Self. Chairman and Chief Executive Officer: A.R. Pandithage Number of books: 1 Report length: 190 pages Auditors: KPMG Ford, Rhodes, Thornton & Co Design and production: Smart Media Website: www.dimolanka.com |
Report Rating(Rating scale below) Profile-MissionOur pioneering drive throughout 70 years of enterprise has built a unique Sri Lankan brand, one that today represents over 50 of the world’s best known brands. Business segments are: Vehicles; Vehicle Parts and Services; Lighting and Power Tools; Construction, Agricultural and Material Handling Machinery; Electro-Mechanical and Bio Medical Engineering.(Excerpts, as from the report. Italics are own company’s words) Key FiguresTurnover: (Rs ‘000) 10,530,587Profit (continuing): (Rs ‘000) 278,253 Net profit: (Rs ‘000) 248,297 Net earnings per share: (Rs) 28.53 Dividends per share: (Rs) 7.00 Return on equity: 11.30% Debt/equity: 89.35% Current ratio: (times) 1.28 Price/earnings: (times) 14.89 (Source: figures sourced from the annual report) |
Triple A> A superbly shot cover that conveys a strong message, which builds up a theme and makes up the thread inside.> Detailed table of contents, index, glossary, note about the country where the company is headquartered. > Highly readable book, using modern typography. > Outstanding use of charts -many giving the long-term perspective- and diagrams. |
|
Double A> Informative review of segment business performance..> Though a bit to short, the Financial Review is clearly structured, very intelligible, and effectively backed with charts (many medium-term) and highlights (see Selected Page). It is also reinforced by a section on Economic Performance – A Vital Aspect of Sustainable Value Creation, which include two statements of value and economic value added. > Transparency and good degree of disclosure of governance policies and practices. > Substantial Sustainability Report, not lacking in measures. > Ten-year summary includes a batch of ratios. |
|
Simple A> Share information is OK and charted, but could be more accessible and more elaborate (e.g. on ratios).> Risk management is put in clear terms, not least through the use of diagrams, yet lacks sufficient details, as such and in the economic, business and geographic context. |
|
B Sides> Such a diversified group should show an earlier and clearer profile, as well as a snapshot of segments and their contribution.> Almost 200 pages long. |
|
|
How does the company report in key areas? What are the main report pluses and minuses?
The Report Scan gives an overview of strengths and weaknesses, and scores each item.
|
|
Selected Page(p 51 of DIMO Annual Report 2009/10)
|
|
Reportwatch
"Reviewing a company yearly is the minimum diligence required for investors"The Annual Reports Library
REPORT OF THE MONTH
REPORT OF THE MONTH
Electrolux (September 2010)
BEST ANNUAL REPORTS
Annual Report on Annual Reports 2010
Financial sector annual reports
Annual Report on Annual Reports
For the second consecutive year annual reports from the financial sector have not been selected for our competition. This does not imply that there are not good and better reports in the sector. However, for consistency, comparability and credibility reasons it has been decided not to include any.
How is your report doing?
How does your annual report score on all evaluation criteria used for the Annual Report on Annual Reports?
Order a REPORT SCAN. An edited output of desk research done by e.com report analysts, it provides your company (or advisers) with the complete score breakdown for 50 report items plus a summary of pluses and minuses for each of them.
For more information, click here.
E-mail your order to: e.com@reportwatch.net
Report, google and watch
Has a/your report appeared on ReportWatch?
Has a/your (company) report/name been mentioned, watched, rated, ranked, benchmarked, cited on ReportWatch?
Or has ReportWatch been cited with reference to a/your company/report/name?
Type the (company) name followed by ReportWatch (in one word) and see if you get results.
Not just another report on capitalism
The seven deadly sins of capitalism,
by e.com founder Mike Guillaume
One thing is certain: for all its virtues, and there are still some, the market no longer has all the answers to all the problems.
Read chapters and much more about the economics, capitalism, alternatives on http://www.mikeconomics.net
