You are a management accountant for the Vodaphone Plc, a company listed on the London Stock
A shareholder has raised concerns regarding the financial performance of Vodaphone compared to
its competitors and, specifically, that Vodaphone is prioritising its employees’ pension fund at the
expense of maximising shareholders’ wealth.
Using the 2018 year end audited financial statements and any other relevant research, write a report
to the Board of Directors which critically assesses the financial and operating performance of
Vodaphone. Your assessment should draw comparison to competitor(s) and sector averages whilst
also specifically addressing the shareholders’ pension concern.
The Directors would also like you to discuss and explain FOUR possible limitations on the usefulness
of the above comparisons.
All sources of information used in your analysis should be Harvard Referenced.