KCQS for Metlfiecare

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.