In Heaven!!!!!

 

 

Well guys, for the last seven days this was my home, and I do have to say it was awesome. Seven days of heaven cruising the ocean, calling into some amazing places. After a nice long relaxing week for myself, it is back to reality tomorrow, work, school, studying and everything in between. I hope everyone else's week has been as great as mine :) :)

Me and my children in Lifou.

Me top deck of the P&O Pacific Dawn. Somewhere of the Australian Coast.

KCQ

·         Salmat’s annual report shows for 2013 that sales revenue was down 7.9%.

·         Salmat had a huge loss in 2013, with energy retailers leaving the channel.

·         Salmat closed some non-strategic digital services in 2013, which was seen in the decline in sales compared to 2014.

·         Salmat had a huge amount after tax bill compared to 2012. This amount was 10.9 million compared to 1.5 million of the previous year.

·         Shareholders received a nice return in 2013, 56.7 million via divided after the sale of BPO

Three Assets, Liabilities and Equity

ASSETS

Instead of writing three separate Assets down, I am going to write it down as one big one. It was actually confusing me all this Current assets-non current assets.

So here is a list of Salmat Assets- Cash and cash equivalents, trade and other receivables. current tax receivables, inventories and other current assets. There is an increase of $85, 151 up from last years Current Assets.

NON-CURRENT ASSETS

Salmat's list of non-current assets is as follows: Receivables, Investments accounted for using the equity method, Property, plant and equipment, Deferred tax assets, Intangible assets and other non-current assets. This is amount is lower then last year by $ 258, 933.



LIABILITIES

Total list of Liabilities: Trade and other payables, Borrowings, Derivative Financial instruments, Current tax payable and Provisions. This totaled too: $74, 448, down $57, 628 from last year.

NON-CURRENT LIABILITIES

Non-current liabilities is sitting at only $13, 649 down from last year. The list is as follows: Borrowings, Deferred tax liabilities, Provisions, Retirement benefit obligations, Derivative financial instruments, Payables and Other non-current Liabilities.


EQUITY

Contributed Equity, Reserves and Retained earnings with only a loss of $13, 649 from 2012.

My Company

So, after nearly one hour of trying to work out why I could not log into my blog account, (in the wrong Internet browser) I am here to tell you a bit about my Company.

The company I have been assigned is Salmat, at first I thought ok I sort of know they are a tel-communication service( i.e the one most people complain about with the telemarketers that call right at dinner time), but hey after seen what there pay packets are like, I would gladly work up the food chain  to become one of the few women executives in this company.

A bit of back ground history of Salmat. Salmat was started from scratch in 1984 by, Peter Matlick and Phil Salter. Salmat has many areas of expertise, such as; communication products and services, pamphlet delivery services, digital marketing or call center's, just to name a few.

Just as recently as, February 12th, 2014 Salmat was announced as the preferred supplier for public transport in Victoria.

Salmat has a total of seven board of directors, out of these seven only one has a background of accounting, and that is Mr Stephen Bardwell, who is the Company Secetary. Out of the five Senior Executives that Salmat has, one of them has an accounting back ground, Mr Chad Burton who is the Chief Financial Office. However, come the end of February, Mr Burton will cease to be employed by Salmat.

On the 2nd of December 2002, Salmat became listed on the Australian Stock Exchange.

In April, 2014 Salmat will be receiving an new CEO. Mr Craig Dower will be taking on this new challenging role. Mr Dower comes with a wealth of experience, in his last posting Mr Dower was employed by Avanade for seven years and was based in Singapore.

Where do I start???

Welcome everyone to my blog. I hope I am not the only one among us that isn't too computer savvy and had troubles setting up there blog page???
Lets just say my computer is lucky it is still on the table. I am guessing everyone would be able to relate sometime or another how frustrating it is when you do something and for the life of you can not remember how you got there, well that is me right now.

So please bear with me as I work this all out!!!