Fixed asset management of Robi Axiata Limited and the financial analysis of Axiata Group Berhad

Abstract

ROBI Axiata Limited is one of the pioneers in the telecommunications private sector of Bangladesh. It is currently the third largest telecom operator in Bangladesh and is very close to the second position in terms of market positioning. Robi is a joint venture company between Axiata Group Berhad, Malaysia and NTT DOCOMO INC, Japan. At first it was introduced with a brand name AKTEL in 1997 and then it started a new journey from 28 march, 2010 onwards, with the name ‘’Robi Axiata Limited”. The report starts with a general outline of the current scenario of the telecom industry in Bangladesh. It follows up by the background information of Robi Axiata Limited and the mission, vision, purpose of the organization. Furthermore all the information about the shareholders of the organization has been put forward. Initially the reports provide information about different services and products offered by Robi, as well as it display the information of the corporate social responsibility of the organization. It gives an overall view of the different divisions of Robi Axiata Limited. The different roles of each of the department have been described very briefly and to the point. One of the major parts of the report is the part which contains information about the internship experience. It was a 3 month experience and all the job details that were done by me have been presented in the report. The main topic that has been enlightened in the report is the “Fixed Asset Management” of Robi Axiata Limited. The report contains details about the fixed asset management, asset classification, categories of fixed assets, and assetization of other assets, physical inventory verification, asset transfer and etc. of Robi Axiata Limited. Latter stages SWOT analysis has been performed to identify strengths, weakness, opportunity and threat of the organization. Due to lack of information about Robi Axiata Limited’s financial statement, ratio analysis has been performed from the data collected from Axiata Group Berhad. Ratios that have been used are Liquidity Ratios, Asset Management Ratios, Debt Management Ratio and Profitability Ratio. These ratios have been analyzed throughout the ratio analysis report by conducting a three year analysis (2011, 2012 and 2013). Finally the report ends with some useful recommendations provided which can help the company to upsurge its efficacy and along with it a brief conclusion.