Sustainability Management Report: Essay, Research And Analysis Assignment

Internal Code: MAS846

Essay, Research And Analysis Assignment:

Question: SECTION A – Multiple Choice: Question (select the most right answer from the options provided) 1 The Santos annual report shows in the year ended 2015, the auditors a) Ernst and Young charged $581,000 in other audit service fees b) Ernie and Young in Australia received $1,465,000 in fees c) Ernst and Young charged $1,688,000 total audit service fees d) Ellie and Young from overseas charged $223,000 in fees 2 The Santos Ltd annual report shows in the year ended 2015, the most profitable segment measured by Earnings before interest and tax (EBIT) was in the a) Eastern Australia Region b) WA and NT Region c) Asia Pacific Region d) Gladstone Region 3 The Santos Ltd annual report shows in 2015 financial period, the most revenue was earned in which of the following regions a) Vietnam b) Papua New Guinea c) Laos d) Indonesia 4 The Santos Ltd annual report shows in year ended December 2015, the basic earnings per share was a) $2.54 b) $4.30 c) $2.34 d) $0.956 5 The Santos Ltd annual report shows that the largest 20 shareholders hold _______percent of the issued shares at the end of February 2015. a) 15.4% b) 54.96% c) 56.94% d) 51.39% 6 The CEO of Santos Ltd for the financial year ended 31 December 2015 was a) Mr PR Coates b) Ms YA Allen c) Mr DJW Knox d) Mr K Gallagher 7 The Audit and Risk Committee of Santos Ltd is responsible for a) Reviewing earnings management activities and making sure the external auditor approves actions as they are paid high audit fees b) Reviewing external auditors non audit service fees to ensure impartiality and objectivity of the auditor c) Ensuring that external auditors are aware of financial policies not being adopted by the CEO d) None of the above 8 Santos show in their 2015 annual report that their remuneration short term incentives (STI) included an number of measures that related to a) Project Delivery b) Personnel Safety c) Production d) All of the above 9. Injury frequency measured by total recordable case frequency for Santos Ltd in the year ended 2015 was a) 2.8% b) 3.8% c) 4.8% d) 5.8% 10. Santos show in their 2015 annual report that they have a provision for restoration costs for a) $2,157,000 b) $2,243,000 c) $2,343,000 d) None of the above SECTION B –(essay) Students are required to write a short essay of 1000-1500 words (+/- 5%) on the following topic: From the point of view of the shareholder, and employees, discuss the strengths and weaknesses of Santos Ltd’s performance in relation to Corporate Governance practices disclosed in their 2015 annual report. (In-text and end-text referencing for this question is required including page numbers and end-text references should be included at the end of Section B). Marks are allocated for introduction, content and originality, conclusion, spelling/grammar, and referencing. SECTION C – Short Answer/Research and Analysis Question 1: Using disclosures made in the Santos Ltd 2015 Annual Report identify and provide 2 examples where Santos Ltd is addressing attributes related to “Agency Theory”. (Answers must be explained in full and the link of the 2 examples to agency theory must be clear). Students are required to answer question 1 in a structured organised format in up to 300 words. (In-text and end-text referencing for this question is required including page numbers and end-text references should be included at the end of Section C). Question 2 : “Santos Ltd have poor sustainability practices” Discuss your agreement or disagreement with this statement. Provide examples where appropriate. Students are required to answer question 2 in a structured organised format in up to 1000 words. (In-text and end-text referencing for this question is required and end-text references should be included at the end of Section C). IMPORTANT NOTE FOR SECTION C: 1. There are 20 marks allocated to Section C, therefore full explanation is required to receive high marks and cut and paste answers only are not appropriate. 2. In-text and end-text referencing is required for Question 1 and 2 and should be included at the end of each question. 3. Page numbers must be provided for examples and quotes from the Santos Ltd Annual report.