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Project Report On Siemens

The document discusses the introduction and importance of working capital for businesses. It defines working capital as the excess of current assets over current liabilities and discusses how it is used to purchase raw materials and pay daily business expenses. The document also outlines some objectives and an overview of Siemens, a large manufacturing company.

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Archita Maity
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319 views16 pages

Project Report On Siemens

The document discusses the introduction and importance of working capital for businesses. It defines working capital as the excess of current assets over current liabilities and discusses how it is used to purchase raw materials and pay daily business expenses. The document also outlines some objectives and an overview of Siemens, a large manufacturing company.

Uploaded by

Archita Maity
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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INTRODUCTION

The term working capital is commonly used for the capital required for
day to day working in a business concern, such as for purchasing raw
material, for meeting day to day expenditure on salaries, wages, rents,
rates, advertising etc. But there is much disagreement among various
financial authorities (Financiers, accountants, businessmen, and
economists) as to the exact meaning of the term working capital.

Working Capital- It is the device of finance. It is related to manage


current assets and current liabilities. After learning working capital
management, we can use this tool for fund flow analysis. Working
capital is very significant for paying day to day expenses and liabilities.

Working capital is that part of company’s capital which is used for


purchasing raw material and involve in sundry debtors. We all know that
current assets are very important for proper working of fixed assets.
Suppose, if you have invested your money to purchase machines of
company and if you have not any more money to buy raw material, then
your machinery will no use for any production without raw material.

Example- From this example you can understand that working capital is
very useful for operating any business organization. We can also take
one more liquid item of current assets that is cash. If you have not cash
in hand, then you cannot pay for different expenses of company, and at
that time, your business works may delay for not paying certain
expenses. If we define working capital in very simple form, then we can
say that working capital is the excess of current assets over current
liabilities.
OBJECTIVES

1) To analyze the working capital management of the company.

2) Evaluation of Liquidity position & working capital utilization.

3) Analyzing the level of current assets with relation to current


liabilities.

4) Analysis of relationship between working capital and profitability.

5) Analysis & sources of working capital.


RESEARCH METHODOLOGY
SCOPE OF THE STUDY
OVERVIEW ON SIEMENS
“WHERE EXPERIENCE AND NEW IDEAS

CONVERGE TO SHAPE THE FUTURE.”

SIEMENS (SIEMENS), Siemens was founded in Berlin by Werner von


Siemens in 1847; the 55% Indian subsidiary of Siemens AG, Germany is a
leader in the electrical and electronic engineering sector. It offers
products, systems, solutions and services in power generation, power
transmission and distribution, automation and drives, industrial
solutions and services, transportation systems, enterprise
communications, mobile phones and medical solutions. Siemens AG
holds a 54.6% stake in SIEMENS. The company was established in 1957.

The company has a wide presence across the country; its operations
include 15 Manufacturing plants and 16 sales offices. Siemens`s Worli
plant makes medical equipment. The three Kalwa units make motors,
switchgear, and switchboards. The Nasik unit makes industrial
automation products, controllers, PLCs and UPS. Joka works makes
control boards and switchboards. Aurangabad makes switchgear and
photovoltaic modules. Goa makes medical equipment.
SIEMENS derives 33% of its revenues from the automation and drives
division, followed by 24% from the power division, 18% each from
Siemens Information Systems (SISL) and healthcare/other services
divisions. During fiscal 2005, it acquired Siemens VDO Automotive,
Demag Delaval Industrial Turbo machinery, and 51% interest in Pimac
Engineers and Services.

SIEMENS has a vast global network of 461,000 people, operating in over


190 countries. In India, SIEMENS mirrors the portfolio of Siemens AG,
except that Siemens VDO Automotive and Siemens Public
Communication Networks operate as separate companies. SISL, another
group company, is now a 100% subsidiary of SIEMENS, and Siemens
Building Technologies (SBT) has already been merged into Siemens.
VISION & MISION
PROCESS OF ACCOUNTS PAYABLE
PRODUCT IMAGES
WHAT IS WORKING CAPITAL?
1) According to Weston & Brigham – “Working Capital refers to a
firm’s investment in short term assets, such as cash amounts,
receivables, inventories etc.”
2) According to Mead, Baker and Malott – “Working Capital means
current assets.”
3) According to J.S Mill – “The sum of the current assets in the working
capital of the business.”

 Symbolically, it means,
Current Assets - Current Liabilities.

IMPORTANCE OF WORKING CAPITAL

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