William Hill Plc Essay

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William Hill PLC William Hill PLC is one of the UK’s largest and most respected land-based bookmaker which has 2,360 licensed shops around the UK. Today William Hill PLC is respected for providing responsible betting and gambling services through licensed shops as well as in online across many different countries. In 2002, the company was listed and trading on London Stock Exchange. › What are the objectives of the company? Major objectives of William Hill PLC are given below: a) To address the problems and keep the source of crime and disorder from gambling. b) To conduct gambling in such a way to treat customers fairly and openly. c) To protect children from underage gambling and ensuring health and safety for the customers. › Does the …show more content…

It was also stated in the financial report that it has been properly prepared in accordance with International Financial Reporting Standards (IFRSs) and United Kingdom Generally Accepted Accounting Practice (UK GAAP). › Based on the company financial statements, is the company increasing or decreasing in size (state how you decided this)? Analysing the last five years annual report of William Hill PLC the operating results and financial conditions were very much consistent with slight decline in 2013. By calculating Return on Capital Employed (ROCE) and Return on Shareholders’ Funds (ROSF) showed very clearly that growth of the company is not very high. › How is the company financed? Is it financed by debt and equity or equity alone? William Hill PLC is financed by both debt and equity for their activities. According to their annual report of 2014, Equity includes share capital, share premium, retained earnings and shareholders’ funds. On the other hand, long term debt includes borrowing, provisions and other non-current

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