Finance Essay Example | Topics and Well Written Essays - 2250 words - 2

Finance - Essay Example nt Australia Nominees 1,112,000 1.88% 11 Perth Investment Corp Limited 850,000 1.44% 12 12 Cogent Nominees Pty Ltd 817,834 1.38% 13 Spar Nominees Pty Ltd 767,889 1.30% 14 Passchendaele Ridge Pty Ltd 652,515 1.10% 15 Stewart, Brent Michael 350,000 0.59% 16 Back Veranda Pty Ltd 312,500 0.53% 17 Swanshore Enterprises Pty Ltd 311,000 0.53% 18 AMP Life Limited 275,494 0.47% 19 Minalti Pty Ltd 243,000 0.41% 20 Health Investment Nominees Pty Ltd 220,525 0.37% Total 50,018,389 84.65% Source: http://www.reuters.com/finance/stocks/companyOfficers? symbol=LWB.AX (accessed on 24.05.2011). Source: http://www.reuters.com/finance/stocks/companyOfficers? symbol=LWB.AX (accessed on 24.05.2011). (All the above details as on 30th June 2010) Financing proposed: This report is to find out if there is any possibility to provide $25 million by â€Å"Excel Bank† to â€Å"Little World Beverages.† Facility Type Overdraft and purchase of new land, buildings and brewing equipments Limit $25m Term Five Years Purpose The loan is being sought by the company for its ongoing expansion. The break up of the loan sought by the company is as follows: $16 million to replace their existing facilities $1 million overdraft facility $5 million to purchase new land and buildings $3 million to purchase new brewing equipment 2.0 Overview of Little World Beverages 2.1 Business Description Little World Beverages Limited (LWB) is a company which is based in Australia. The major functions of the Company are controlling brewing and packaging installations, selling draught and packaged beer and cider both at the national and international levels, and carrying on hospitality functions in Fremantle, Healesville and Melbourne. The portfolio of the Company is White Rabbit Brewery and White Rabbit ales. White Rabbit ales are taken from the malt components and their unique yeast energizing by the open fermentation procedure. LWB has its business operations in the United Kingdom, Singapore and New Zealan d. The subsidiaries of the Company as of June 30, 2010, include Little Creatures Brewing Pty Ltd, Little Green Steps Pty Ltd and Fremantle Harbour Properties Pty Ltd (http://markets.ft.com/tearsheets/business Profile.asp?s= LWB:ASX, accessed on 24.05.2011). 2.2 Recent Company History Little World Beverages, the listed beer makers at the back of the famous Little Creatures beers, improved profit by 35.4%. The company had made significant capital investments in breweries and hospitality so that a strong foundation can be created to develop the special beer brand. One of the fundamental capital expenditure projects settled through out the period was the building of a new brewery at the