KCQs For Metlifecare
Q: How much net profit did Metlifecare
make in the year ended 30th June 2013?
A: $120.3 million
I was astounded by this figure as i didn't
know retirement facilities/care facilities was so profitable, but as a delved
deeper into the report i understood via reading the financial documents, and
seeing how much metlifecares services costed.
Q: How much is Metlifecares share price?
A: $4.14
I thought it would be higher then that by
looking at net profit after tax, and the 2013 annual report
Q: Why is the formatting different on
nearly all of Metlifecares financial reports
A: Still unknown to me at this point, but
if i figure it out i will post a comment under this post
Unsure of why this is, it was very
frustrating doing this in excel.
Q: How do they market to the older age
bracket
A: Metlifecare uses geographics and
demographics to target the organisations intended audience
I thought this would be the case, but i am
still unsure on why they do not target the southern island of New Zealand.
Q: Who did Metlifecare merge with, why did
they merge, and when did they merge?
A: Metlifecare merged with the following
groups: Vision Senior Living, and Private Life Care. They merged in order to
increase profits and increase market share. They merged in May 2012.
Q: How does Metlifecare value
depreciation
A 25-50 years for freehold buildings, 3-10
years for plant, furniture and equipment and 5-7 years motor vehicles.
I wondered whether Metlifecares
depreciation was different to standard depreciation, and it was very similar.
Q: How does computer software come into
depreciation?
A: Computer software is actually an
intangible asset and licenses are capitalized on the basis of the costs
incurred to acquire and bring to use the specific software. Costs are estimated
over their estimated lives which are three years.
This interested me as I thought computer
software 'lives' would be longer then three years.
Q: Does Metlifecare have a diversity
policy?
A: Yes Metlifecare does have a diversity
policy, this was introduced during 2013.
This was strange to me as I thought Metlifecare would have
introduced a diversity policy before 2013.
Also the gender composition of the company’s board is six males
and one female
Q: What is an interest’s register?
A: All members from
presumably other companies register their personal interests in a company.
Did not previously know what an interests register was
Q: Why does W.A. Edwards have 250,000 shares in a long term
incentive plan?
A: I am unsure on how exactly he has received the shares, but a
long term incentive plan i: A reward system designed to improve the employees’
long term performance.
I am currently wondering why he has received so many shares.
