Annual report for Intercontinental Hotels Group plc for the year ended 31 December 2011.

Obtain a copy of the annual report for Intercontinental Hotels Group plc for the year ended 31 December 2011.

(a) Analyse the financial performance and position of IHG plc for the year ended 31st December 2011 compared to the previous year.
(70 marks)

(b) Explain and evaluate the treatment of intangible assets in the financial statements of IHG plc.
(20 marks)

In addition up to 10 marks will be awarded for presentation.

You MUST provide references and a bibliography for all your research material. (failure to do so means you will be unlikely to pass the assignment)

Assignment Guidance Notes

Your assignment should be no longer than 2000 words in total.

Please make sure that you have the full annual reports and financial statements (including notes to the accounts) for the company.

Marks will be allocated as follows:

(a) Ratios shown for 2 accounting periods for IHG plc in a user friendly format (showing all your workings in an appendix). You will need to calculate profitability ratios (including and excluding exceptional items, where relevant), liquidity ratios, efficiency ratios, the gearing ratio and investment ratios.
(25 marks)

Analysis of the financial performance and position (encompassing profitability, liquidity, efficiency, gearing and investment) of IHG plc for the year ended in 2011 compared to the previous year. Your discussion should include an introduction to the group, an analysis of the segmental information provided in the annual report and an explanation of the impact of the exceptional items on financial performance.
(45 marks)

(b) Explanation and evaluation of the treatment of intangible assets including discussion on compliance (or not) with relevant accounting standards.
(20 marks)

(90 marks)
Presentation (10 marks)

(Total 100 marks)