SCHOOL OF ACCOUNTING
Subject: 22754 Corporate Accounting
Assignment on Woodside Petroleum Limited
Lecturer: Daniel David
Class: Tuesday 6pm
Due Date: 16th May 2005
Full Name Student ID
Table of Contents
Introduction 1
Background 1
Financial Press Journal 2
Share price movements 7
Company annual results 7
Profitability 7
Liquidity 8
Gearing 9
Impact of International Financial Reporting Standards (IFRS) 10
Reference 14
Introduction
This report will try to analyse an ASX listed company, Woodside Petroleum Limited, through the recent articles from financial press and the company's 2005 annual report. The report will first briefly introduce the company's history and the company's main activities. Following is a journal comprising of summaries of articles from financial press on Woodside Petroleum Limited between 1st January 2006 and 13th May 2006. The situation in the articles are analysed and their impacts for the company, its investors and other stakeholders are discussed. The third section contains a chart of the recent share prices and shows the relationship between the company's share price and what is found in the financial press. The fourth section engages in an assessment of the company's annual res ...