Introduction Tata Communications is a global communications and enterprise IT service provider worth USD $3.2 billion (FY13). It owns and operates the world’s most advanced subsea cable network, enterprise solutions and partnerships to carriers and businesses worldwide delivering first-class infrastructure. With a truly global network extending from developed markets to the world’s fastest growing emerging economies. They are at the centre of driving global connectivity and collaboration. #1 International Wholesale Voice Carrier #1 submarine cable owner by length Only global tier 1 ISP with a top five position in all continents (Renesys) Tata Communications network can be attributed to connection with 20% of the world’s internet routes. …show more content…
This has included setting up a trackside data centre at each race location in two days and dismantling it in just three hours, a process that would traditionally take weeks. Their teams both onsite at the circuit and in remote locations have integrated completely into the Formula 1® set up. All this ensures that Formula 1® always has the SPEED TO …show more content…
However, in 2010-11, it has decreased. This was due to the decrease in profit margin during 2011-10. And in 2012-13, the return on equity has increased, because the profit margin and asset turnover have increased during 2012-13. Horizontal Analysis of Balance Sheet Liabilities While the Shareholder funds have been steady with very less change in them. The long-term liabilities had a more than doubling in the year 2011, which the company has steadily shed. While the company had steadily increased its short term borrowings over the years, indicating cash strapping over the years although the company has drastically brought down the long term loans and advances given. While the trade payables remained constant, while the other current liabilities gradually increased. The short term provisions have steeply increased indicating that company is expecting bad weather. Though the non-current liabilities have decreased over the years the total liabilities remained more or less constant as the company had to boost the funding through the current