Woodside Petroleum 2005 Analysis

SCHOOL OF ACCOUNTING

Subject: 22754 Corporate Accounting

Assignment on Woodside Petroleum Limited

Lecturer: Daniel David

Class: Tuesday 6pm

Due Date: 16th May 2005

Full Name Student ID

Table of Contents

Introduction 1

Background 1

Financial Press Journal 2

Share price movements 7

Company annual results 7

Profitability 7

Liquidity 8

Gearing 9

Impact of International Financial Reporting Standards (IFRS) 10

Reference 14

Introduction

This report will try to analyse an ASX listed company, Woodside Petroleum Limited, through the recent articles from financial press and the company’s 2005 annual report. The report will first briefly introduce the company’s history and the company’s main activities. Following is a journal comprising of summaries of articles from financial press on Woodside Petroleum Limited between 1st January 2006 and 13th May 2006. The situation in the articles are analysed and their impacts for the company, its investors and other stakeholders are discussed. The third section contains a chart of the recent share