DPHRM

GROUP PRESENTATION
BUSINESS SKILSS
Aitken Spence PLC
Group 03 Members

K.W.D.N.Jayasekara ( Index -0004915)

K.D.H. Danushthika (Index – 0004923)
H.N.P. Gunawardena (Index - 0004921)
D.H.P.S. De Silva (Index – 0004922)
T.H. Vijewickrama (index - 0004906)
TABLE OF CONTENTS
Introduction to the Business model
01 Company Product 04

Financial Accounting
Recommendations
02 Statements 05 for business model

Liquidity level &

03 Budgeting for Ace 06 Conclusion
Apparels
Introduction
Operating since 1977 and currently they have 4
branches engaged in manufacturing over 5
million pieces of high quality garments.
They have over 4000 employees under Aitken
Spence Apparels.
They have many subsidiaries.
Chairman of Aitken Spence Apparels is Mr.
Harry Jayawardena.
Vision

To achieve excellence in all our activities, establish high

growth business in Sri Lanka and across new frontiers, and
become a globally competitive market leader in the region.

Mission

Committed to achieve operational excellence while ensuring

high degree of social and environmental responsibilities.
 Product
Exporting countries,
UK
USA
We manufacture over 5 million
Canada
garments annually for, Japan

Women
Men
Children
Working people
Certifications
Buyers of ACE Apparels
 Financial Accounting Statements
 Importance of financial accounting statements: Financial
accounting statements are crucial for businesses as they provide
a snapshot of the company's financial performance, position, and
cash flows, which are essential for making informed business
decisions.

Three main financial accounting statements:

▪ The Cash Flow Statement

▪ The Income Statement
▪ The Balance Sheet
The Cash Flow
Statement
Income Statement
We examined earlier the nature
and purpose of the balance
sheet. We saw that this
statement is concerned with
setting out the financial position
of a business at a particular
moment in time

Profit (loss) for the period = Total

revenue for the period less Total
expenses incurred in generating
the revenue
Balance Sheet
A statement of the assets,
liabilities, and capital of a
business or other organization at
a particular point in time, detailing
the balance of income and
expenditure over the preceding
period.

Assets = Capital + Liabilities

 The Importance of Each Statements.
Importance of Cash Flow Importance of Cash Flow Importance of Cash Flow
Statement Statement Statement

 It provides cash  It provides cash information  It provides cash

information  Ascertains liquidity and information
 Ascertains liquidity and solvency  Ascertains liquidity and
solvency  Formulation of financial solvency
 Formulation of financial plans  Formulation of financial
plans  Facilitates cash forecasting plans
 Facilitates cash  Helps to maintain optimum  Facilitates cash
forecasting cash balance forecasting
 Helps to maintain  Provides information to the  Helps to maintain optimum
optimum cash balance investors cash balance
 Provides information to  Provides information to the
the investors investors
 Liquidity Position
What is Liquidity ?
 The ability of a property or asset to be
converted into cash quickly and easily
without losing value.

 A higher ratio indicates the company has

enough liquid assets to cover its
liabilities...

 A low ratio indicates that the business

does not have enough cash or other assets
to cover its liabilities...
Importance of having a Healthy Liquidity
Level

High flexibility.
Assist companies in assessing and
analyzing their immediate financial
situation.
Low Risk.
Sustain the effectiveness.
Payment of bills and obligations.
Budgeting
What is Budgeting?
A budget is a spending plan
based on income and expenses.
It's an estimate to how much
money you'll make and spend
over a certain period of time.
Benefits of Budgeting
 Increase motivation
 Helps to allocate resources
 Improve decision making
 Helps to meet objectives
 Helps to identify problems
 Helps to work toward long -term
goals
What Is a Business Model?
A business model is a
company's profit-making plan,
identifying products, target
market, and expenses. It aids
new businesses in attracting
investment, recruiting talent,
and motivating management.
Established businesses should
regularly update their models
to anticipate trends and
challenges.
Elements of a Good Business Model

Value Proposition
.

Revenue Model

Market opportunity

Competitive environment

Market strategy
Current Business Model of Aitken Spence
Apparels
Aitken Spence Apparel is an apparel manufacturer and
exporter focused on creating high-quality garments for
global brands and retailers. Their business model
includes apparel manufacturing, sourcing, supply chain
management, customization, ethical manufacturing,
global market reach, and technology and innovation. The
company focuses on fast fashion, sustainability, direct-
to-consumer models, digital transformation, and
complex global supply chains, reflecting the competitive
nature of the global apparel industry.
Recommended Business Model

Franchise Business Model

Fast Fashion
Business Model
Conclusion
Thank You !