So, this week has had me ‘nose down, tail up’, deep in the financial reports for Caltex Australia.
wow. what an impressive company! Initially I have found the financial statement fairly daunting and difficult to decipher, but I am becoming more familiar with it all, a little more every day.
I was under the impression that the financial statements would be just that- Financial Statements. My experience has been mainly with profit and loss statements, but there is a whole lot more that goes into a financial statement. Creating an overview of the entire company. It’s past performance, as well as it’s beliefs, and direction. One thing I wasn’t aware of, is that the directors of the business are obligated to disclose their salaries within these reports, which are readily available to the public. Not too sure how I feel about that one…hmm.
I am interested in looking into the company more in depth this weekend, and doing a bit of research into how Caltex weathers scarcity and sustainability. We all know that fuel is a vital resource….