Abstract:
In this project we have conducted an analysis of financial statements of LESCO and
PESCO. The data which we have analyzed is acquired from different resources such as
such as official websites etc. The period of this analysis ranges from 2007 to 2011. The
study included financial ratio analysis (leverage ratio, liquidity ratio, profitability ratio and
activity ratio). In first part of this report we have tried to introduce both the organizations,
and then we have formulated a framework of our study which includes significance of
study, its importance for stakeholders and analysis of the said organizations to have a
better understanding of current position as well as future outlook of both organizations.
Comparative financial analysis of both organizations (balance sheet, profit and loss
account and cash flow statement) has become the part of the study. Horizontal analysis of
balance sheet, horizontal analysis of Profit & loss, vertical analysis of balance sheet and
vertical analysis of profit & loss was also done to finalize the required analysis.
