Managerial Finance - Report on British Energy.
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Managerial Finance Report on British Energy Katrina McDonald Karen MacMahon Farzana Ali Ross Macyntyre Contents Content Page Introduction to British Energy 3 Profit and Loss Account 5 Balance Sheet 14 Sources of Long-Term Finance 24 Cash Flow Statement 25 Accounting Policies 30 Conclusion and Evaluation 31 Introduction to British Energy British energy is a company which, through nuclear power, generates one third of Britain's electricity. The company has had a traumatic few years due to drastic disruptions in the equilibrium of power prices and increased fixed costs of running the stations, it is these variations which have resulted in the companies poor financial state British Energy have chosen to specialise solely in meeting the power needs of large industrial and commercial customers. At present, British Energy serves 300 large customers and this direct business accounts for over 20% of output however the main company British Energy work with is Scottish Power. The electrical power is supplied to the main grid which is owned by Scottish Power who then distribute it throughout the country, British...


