Boral Limited is one of the leading providers of sustainable and high-quality construction materials and building products. It came into existence in 1960 as an international construction and building materials organization. The major objective of the company is to maximize the returns of the shareholders and create value for its suppliers, customers, employees and the society in which it carries out its operational activities. It is currently operating in approximately 17 countries with 672 operational sites and 154 distribution sites (Boral, 2019). There are three divisions through which the company carries out its operations, namely, Boral Australia, USG Boral and Boral North America.
The headquarters of the company are located in Sydney, Australia where it supplies quarry products, cement, timber, roof tiles, masonry and concrete to build commercial buildings, infrastructure and residential construction (Boral, 2020). In North America, it is continuing with the transformation by providing targeted synergy advantages and growth. In USG Boral, it is undertaking continuous improvement measures to grow with the help of product penetration and innovative action plans. In total, 17104 employees are working towards the accomplishment of its goals and objectives. It has reported $5.86 billion in the year 2019 and net profits of $272 billion (Annual report, 2019).
Reporting frameworks and accountability, governance and other management systems help in driving efficient outcomes and achieve all the evolving and rising expectations of its stakeholders. Moreover, it offers a wide range of services including roof tiling installers, pallet pick-up, and material-technical services. The joint venture between Boral Limited and USG Corporation, named, Boral Gypsum is responsible for the production and sale of plasterboard and other related products. The products offered by the company are used for both non-residential and residential construction activities and in the infrastructure and engineering market.
The projects which contribute significantly in the raising the total revenue of the company includes Pacific Highway, Sydney Metro in NSW, Toowoomba Second Range Crossing in Qld, NorthConnex and various other projects. It faces intense competition from other large as well as small players in the market supplying building and construction materials. Timber business in Australia and joint venture, USG Boral in Asia experience competition from the imports of such materials.
Diagram Showing a Link Between Four Financial Statements
Boral. (2020). Welcome to Boral Limited. Retrieved from https://www.boral.com/
Boral. (2019). Annual report. Retrieved from https://www.boral.com/sites/corporate/files/media/field_document/ID-18056-BLD-Boral-FY19-Annual-Report-FINAL.pdf
Remember, at the center of any academic work, lies clarity and evidence. Should you need further assistance, do look up to our Accounting Assignment Help
Proofreading and Editing$9.00Per Page
Consultation with Expert$35.00Per Hour
Live Session 1-on-1$40.00Per 30 min.
Doing your Assignment with our resources is simple, take Expert assistance to ensure HD Grades. Here you Go....