Racism A History Essay - 922 Words

RACISM: A HISTORY Name Course Date Abstract This essay will focus on the film Racism: a History. I picked the film over the other films offered, because it taught me many things about history of the Black Americans. It illustrates how race continues to justify economic misuse and injustices. It shows how people moved from their maternal land, bound in slavery, and killed. This happens when people view others as though they are not human beings. This film helps reveal the deception behind acquiring high culture and wealth in the powerful countries of United States and Western Europe. The artwork and palaces of the Flemish masters in Belgium were built upon the cut off hands of African citizens, often kids, and old people. If we look in horror at the dreadful events in most places of current Africa today, we must keep in mind that the world has a debt in blood. . Europe and the United States can never repay such debt. The central problem in this film is racism. The film explores racism on a worldwide scale. It considers how racist thoughts and practices appeared in the main religious world institutions and how European philosophers wrote them. If we review the scientific racism, inaugurated during the 19th century, we will understand how dishonored practices, such as phrenology gave an ideological explanation for slavery and racism. Another theme depicted in the film is torture and slavery faced by the Africans during the colonial period.Show MoreRelatedRacism and American History789 Words   |  3 Pagesone factor. What eventually led to the creation of racial barriers against working-class African American and Asian was not simply racism but the combinations of racism with other social, political and economic factors. 　　One of the most crucial factors that had contributed to racial barriers was definitely the racism among working class African Americans. The racism is best shown in the Plessy V. Ferguson case established in 1896.[ 100 milestone documents, â€Å"U.S. Supreme Court Plessy V. FergusonRead MoreHistory And Racism Of Canada1723 Words   |  7 PagesHistory of Racism in Canada My belief was that people of African descent were the only group that experiences racism, but when I migrated from the Caribbean to a multicultural country—Canada, I soon realize that my understanding of racism was inaccurate and did not reflect social reality. As a result of my new environment, I learnt that racism is solely based on supremacy where a person of a different background may justify their advantages/power by placing a negative meaning behind cultural differencesRead MoreHistory : Teachers, Textbooks And Racism1633 Words   |  7 PagesA Whitewashed History: Teachers, Textbooks and Racism. Textbooks can be wrong. Is it possible that watching the History Channel could be more informative than the average High School History class? Alia Wong points out in her article History Class and the Fictions about Race in America the topics of underqualified teachers, inaccurate textbooks and the inefficacy of history being taught at all grade levels. I, myself, can attest to this statement having been taught history by a teacher who taughtRead MoreRacism in American History X951 Words   |  4 PagesAmerican History X is clearly a film dealing with racism. The interesting thing about this film is the way in which the subject is treated. First of all, it is obvious that, though racism is always a difficult subject to deal with, American History X presents it without any reservations or dumming down. Second, the films figurehead for racism, Derek Vinyard (Edward Norton), is not an unintelligent redneck racist as films often portray them, but is in fact well-spoken, charismatic and intelligentRead MoreRacism - A History : The Color Of Money1063 Words   |  5 PagesReflection on Documentary: Racism – A History: The Colour of Money Documentary: Racism – A History: The Colour of Money provides a powerful illustration of the historical origins and basis of institutionalized racism. The six short episodes explore and chronicle centuries of European attitudes and practices regarding race and the transatlantic slave trade of Africans. It underscores how economics served as the driving force behind slavery. The documentary highlights that although slavery existedRead More Comparison Of Racism In History Essay1123 Words   |  5 Pages Comparison of Racism in History amp;#8220; I have a dream... where they will not be judged by the color of their skin but by the content of their character.; -Martin Luther King Jr. We have come a long way since the Civil Rights Movement in the United States. Our cities are filled with numerous minority groups with different religions and cultures. We live in a multicultural society where we donamp;#8217;t have to think about hate crime too much. We can feel safe when going to the cornerRead MoreRacism in American History X1021 Words   |  5 PagesRacism in American History X â€Å"Get the fuck out of my house!† exclaims Derek as he pulls down his wife-beater to reveal a swastika tattoo, â€Å"See this? That means not welcome.† American History X, directed by Tony Kaye, is a movie about the transformation of Derek Vinyard: a young neo-Nazi skinhead. Derek’s father, Dennis Vinyard, was a middle-class fireman who disagreed with many of the ideological changes–such as affirmative â€Å"black† action–happening in America at the time. His father died whileRead MoreA Brief History of Racism in America1039 Words   |  5 Pages It is unknown how long North America has been occupied. There were certainly people on the land far before Christopher Columbus alighted in 1492. However, the United States’ history shows a lucid feeling of dominance emanating from Europeans as they moved in to the New World. As time passed and the people who resided in North America change, it becomes evident that white Americans were exceedingly racist and not very accepting towards those who were not like them. Three groups in particular, NativeRead MoreRacism : A Very Broad And Deep History918 Words   |  4 PagesRacism is a word that has a very broad and deep history that is defined and interpreted in many different ways by many different people. According to dictionary.com â€Å"racism† is defined as â€Å"hatred or intolerance of another race or other races.† This word has been a part of my vocabulary ever since I was a little girl, my parents, grandparents, and extended family used to discuss this word often in very passionate conversations around the table at holidays. Racism was a word that was spat out of theirRead MoreRacism and Its Deep Roots in US History1688 Words   |  7 PagesRacism and Its Deep Roots in US History Throughout US history, white Americans often viewed the other races (or coloreds) as inferior. Even though slavery had been abolished, laws and practices inhibited the fundamental rights African Americans were entitled to. Thus the mentality of racism and prejudice thoughts had persisted in people’s minds. The novel To Kill a Mockingbird by Harper Lee is set in Maycomb County, Alabama during the timeframe of the 1930s. Citizens of Maycomb County abide by a

The Character of Joe Gargery in Great Expectations Essay

The Character of Joe Gargery in Great Expectationsnbsp;nbsp; nbsp; The protagonists brother-in-law, Joe Gargery, in the novel Great Expectations, written by Charles Dickens, is prominently humane, especially compared to the other characters. Although Pip is the psychological center of the book, Joe is the moral center. Pip struggles to be good; Joe merely is obedient by nature without apprehending it. Although Joe is not prosperous or knowledgeable, he still offers what he does know and have, to Pip. Joe provides a perfect example of however one conducts oneself in life; ones good nature always asserts itself at the end. With Joes humane intellect, he is like a father to Pip- giving him guidance, informing him what†¦show more content†¦Prosperous or impoverish, given Joes humane mind and good nature, he is willing- under any circumstances- to help those in need.nbsp; Another example of a humane deed committed by Joe is as follows on page 74, chapter 9 when Joe lectures Pip about deceit after he confides in Joe about the lies he told to his family about Miss Havishams: `Theres one thing you may be sure of, Pip, said Joe, after some rumination, `namely, that lies is lies. Howsever they come, they didnt ought to come, and they come from the father of lies, and work round to the same. Dont you tell no more of em, Pip. That aint the way to get out of being common, old chap. This illustrates that Joe is not only Pips friend, but more like a father figure in Pips life; Pip feels comfortable confiding in him, and is open to listen to Joe about what is right and what is wrong. Without Joe, Pip would be lost; he would not have anyone to guide him, tell him what is right and wrong, constantly remind him what is important in life, or to occasionally knock some sense into him. He stands out as a loving figure in Pips life. Joe and Pip share a relationship based on love and trust, easily likened to the relationship between father and son, or brothers. Without Joe, Pip would not be the same character or share any of the characteristics that he does now; he would be a despondent, ignorant, perplexed orphan.Show MoreRelatedFemales Influences on Pip in Great Expectations Essay856 Words   |  4 PagesFemales Influences on Pip in Great Expectations By Charles Dickens There are many influences on Pip’s life regarding his thoughts on women. This would therefore mean that Pip would take his views on women from those that were a played a major role in his life, for example: * Mrs Joe Gargery is Pip’s sister and has raised Pip because their parents have died. Mrs Joe Gargery has raised both Joe Gargery and Pip by hand as she is not happy with the wayRead MoreJoe Gargery Character Analysis716 Words   |  3 Pagesto care, love, and listen to him, and Joe Gargery was that person for Pip. In the novel, The Great Expectation, Joe Gargery, Pip’s brother-in-law who whole heartedly takes Pip in and raised him as his own, became a father to Pip. As the novel progresses, Joe eventually became more than a father; he was Pip’s confidant, his conscience, and Dickens uses Joe to bring a moral side to the novel. In The Great Expectations, Charles Dickens characterizes Joe Gargery as a commendable guy, who does thingsRead MoreThe Elements of Fortune and Contentment Dissected in Great Expectations by Charles Dickens688 Words   |  3 Pagesand jovial with your life? Joe Gargery showed that wealth doesn’t define one’s personality but personality defines ones wealth, Miss Havisham shows that wealth is everything but that emotions don’t matter, and Jaggers shows that some gentlemen have dispirited lives despite all of their riches. Characters in the novel such as Joe Gargery, Miss Havisham, and Jaggers represent that life is not always perfect whether someone is rich or poor. In the novel, Great Expectations, Charles Dickens uses theRead MoreDickens Techniques of Characterisation in Great Expectations1117 Words   |  5 Pagesof Characterisation in Great Expectations Many characters in Great Expectations are a rich and varied mix of personalities, in particular Pip, Joe Gargery and Mrs. Joe. The physical description of the characters is an example of the techniques used by Charles Dickens. Other techniques include the speech and habits of the characters, the characters interaction with others, the choice of the characters name and their surroundingsRead MoreCharles Dickens Great Expectations1335 Words   |  6 Pagesin the family was to help provide the money .Since the men were more superior than the women, they received more rights like the right to vote. In the novel Great Expectations, Charles Dickens uses the characters in the book to portray the gender roles, social classes and the changing of classes in the Victorian era. In Great Expectations, Charles Dickens shows the gender roles of men as living within different social spaces. Unlike most women, the men had the social existence that was free toRead MoreGreat Expectations Character Names Essay869 Words   |  4 PagesHello, 7H! The book that I’ve chosen for the Challenging Read Project is Great Expectations by Charles Dickens. Great Expectations is the thirteenth novel written by him; a few of Dickens other books are, A Christmas Carol, David Copperfield and Oliver Twist. Dickens is even viewed by many people as the ‘greatest novelist of the Victorian era’, an exceptionally prestigious title. How does Charles Dickens uses character names? Here are some examples: Abel Magwitch, the convict - The name MagwitchRead MoreAnalysis Of Miss Havisham s House 958 Words   |  4 Pagesthe middle of nowhere near a cemetery. His house is also the blacksmith shop. He lives with his mean sister and her nice husband, Mr. and Mrs. Joe Gargery. After his sister dies he leaves his house to go to London. Character: The Main Character of the book is Pip Pirrip. In the beginning of the book he is very young and lives with Mr. and Mrs. Joe Gargery his adopted family. In the beginning of the book he gets in trouble with a homeless man asking for food. When he turned a certain age, he wouldRead MoreGreat Expectations By Charles Dickens943 Words   |  4 PagesGreat Expectations written by Charles Dickens consist of many dynamic characters and literary elements that help develop the novel. Dickens introduces the life of the main character, Phillip Pirrip better known as Pip, as he works his way up in society. Along the way, Pip encounters many minor characters such as Biddy to help realize his full potential. Through the use of several literary devices, for example, characterization, conflict, and imagery, we take a young naà ¯ve boy and develop him intoRead MoreSymbolism Of Charles Dickens Great Expectations1017 Words   |  5 PagesCharles Dickens’ Great Expectations Great Expectations by Charles Dickens follows the life of the orphan, Pip. We first meet him as a tiny, terrified child in a village churchyard. Years later, through the help of an anonymous benefactor, Pip will travel to London, full of expectations to become a gentleman. But his life is already inextricably tangled in a mystery that surrounds a beautiful woman, an embittered recluse, and an ambitious lawyer. (barnesandnoble.com, Great Expectations) SymbolismRead MorePersonal Ambiguity In Great Expectations1397 Words   |  6 Pagesone seeks to analyze it. The search for self, as well as knowing and trusting one’s self is echoed through out literature humanity; it could be haunting and cause great trepidation, to hold on to a vision that could alter their judgement; as well can cause a fierce storm in the supreme realm that is objective truth. Great Expectations, by Charles Dickens, is a coming of age story of a young man named Pip, seeking to establish stability, as we ll as find meaning in his life through love and self identification

Example Essay Free Essays

Example Essay Most Americans spend about three to four hours a day watching TV, according to Nielsen Numbers. During this time Americans encountered commercials with promising product that improve your life. When it comes to love, the media uses sex to lure in the customer. We will write a custom essay sample on Example Essay or any similar topic only for you Order Now We see this form of advertising in recent products campaign such as the Dentine Ice â€Å"Practice Safe Breath† and the Axe â€Å"Apollo. † The campaign â€Å"Practice Safe Breath† had subliminal messages about sex. The first scene of the commercial was a couple in a car. The couple was about to kiss and a girl stops the guy and says â€Å"Wait, you have one right? The word â€Å"one† has a double meaning both refering to the gum and a condom. The guy puts his hand in his pocket and retrieves a packet of Dentine Ice. The girl smiles and grabs a piece of gum. The next scene of the commercial is about a Guy that is in a hurry. He goes into his friends room and says â€Å"Hey bud can you help me out. † The friend opens his night stand and pulls out a packet or Dentine Ice. For most guys night stands are the place where guys usually store their condoms. In both situations the gum was being used in context that could be confused with a condom. After the Guy gets the gum pack he rushes back to his girlfriend and begins to kiss her. The media knows that using sex as a â€Å"subliminal message† will produce an attention grabbing commercial. The audience then comes to the conclusion that if they buy Dentine Ice then maybe it will help them improve their love life. Some people might even want to be in the situations that are shown in the commercial. The body language shown by the characters in the commercial were very sexual. Most of the characters were eager to get intimate with each other, and needed the gum to for fill their needs. The commercial â€Å"Dentine Ice Practice Safe Breath† was named after a campaign called â€Å"Practice Safe Sex† that was supported by the non profit organization named Kush Kash Entertainment in 2011. The campaign promoted safe sex and sells condoms to prevent STD or teenage pregnancys. The commercial ends with the line â€Å"So you are prepared no matter how close you get† telling people to be ready with a pack of gum, in case of a close encounter with a partner. Another product that promotes improving your love life is â€Å"Axe Apollo. † In this commercial a girl is swimming in the ocean. She is about to get attacked by a shark, when a lifeguard jumped into the water to save her. The life guard was a handsome guy with enough strength to arm wrestle a shark to â€Å"save her. † He brought her to the shore; she woke up and took a deep breath. She inhaled the smell of the Axe body spray, and ran to a man in an astronaut suit. The astronaut takes of his helmet and reveals his face. He was a wimpy looking guy, nothing compared to the lifeguard that rescued her. The commercials main purpose was to tell men that if they wear Axe, they will be chosen over the hot guy. In society, the attractive girl will usually choose the strong, brave and handsome guy over a guy that isn’t strong or attractive. The only words that are said in this commercial are â€Å"Wear new Axe Apollo for your chance to go to space. Leave a man, come back a hero. † This is implying men if they wear Axe these men will be able to help their love life with females. If men wear Axe Apollo, that will help them find a women to have sex with. This will become a hero even if they are not sexually attractive like the lifeguard. This gives men a boost in their self-esteem while wearing Axe. The commercial implies that by wearing Axe Apollo, women will find men more physically and sexually attractive. These are two examples of how commercials sponsor products to possibly help your love life. The media uses subliminal messages using sex to sell products. Promising results to help your self-esteem or get you one step closer to have a relationship with someone. Some commercials are more upfront on promoting sex products than others. But over all they all serve the same purpose to try â€Å"to help people† have an easier love life with no problem. How to cite Example Essay, Essay examples

Australian Natural Proteins

Question: Discuss about theAustralian Natural Proteins. Answer: Introduction Australian Natural Proteins (AYB) is a company down under focused on the animal husbandry segment. The prime activity of this company used to be sheep and crop production. However, these activities seem to have been discontinued over the past few years and in the Year ended 30 June 2016 and Year ended 30 June 2015, the peak revenue of the company was $2.5k. Now the company is trying to venture into a new activity in the dairy industry and is looking to undertake a project in the Murray River region of Australia in dairy farming. The milk generated is expected to be sold in domestic and international markets. The strategy for entering into this sector seems to be through the acquisition of dairy farms and for auctioning this inorganic strategy of acquitting 5 dairy farms, it has appointed the lead manager for managing its fund raising and issued a prospectus. Of the 5 farms, 3 are in Finley of South New Wales and the other 2 are in Murray River basin. The Farm 1 has an estimated produ ction of 3.7 mn liters of milk and can be sold to generate revenue of$2.1 mn translating to an income per liter of 54 cents. The average milk output per cow in this farm is expected to be 12,000 liters per annum. The farm is 210 hectares (or 519 acres) with 411 milking cows, 189 R2 and 175 H2 Reifers. The Farm 2 has an estimated production of 3.9 mn liters of milk and can be sold to generate revenue of$2.1 mn translating to an income per liter of 54 cents. The average milk output per cow in this farm is expected to be 8,390 liters per annum. The farm is 220 hectares (or 544 acres) with 461 milking cows, 200 R2 and 75 H2 Reifers. The Farm 3 has an estimated production of 7.4 mn liters of milk and can be sold to generate revenue of$3.8 mn translating to an income per liter of 51 cents. The average milk output per cow in this farm is expected to be 8,173 liters per annum. The farm is 398 hectares (or 984 acres) with 980 milking cows, 140 R1 and 15 bulls. The Farm 4 has an estimated pro duction of 5.8 mn liters of milk and can be sold to generate revenue of$3.2 mn translating to an income per liter of 55 cents. The average milk output per cow in this farm is expected to be 7,647 liters per annum. The farm is 518 hectares (or 1,280 acres) with 850 milking cows, 320 R2 and 220 R2 Heifers. The Farm 5 has an estimated production of 3.7 mn liters of milk and can be sold to generate revenue of $ 2.1 mn translating to an income per liter of 58 cents. The average milk output per cow in this farm is expected to be 7,646 liters per annum. The farm is 388 hectares (or 959 acres) with 700 milking cows, 200 R2 Heifers. Overall, all the 5 farms will have an aggregate estimated production of 24.4 mn liters of milk and can be sold to generate revenue of$13.2 mn translating to an average income per liter of 584cents. The average milk output per cow in this farm is expected to be 8,863 liters per annum. In all the company will have 1,734 hectares (around 4,286 acres) with 3.4k adult milking cows, 900 R2 Heifers, 535 R1 Heifers. (Reuters, 2016) (Asx.com.au, 2011) The company was listed on the Australian Stock Exchange with outstanding shares of 3.15 mn. However, the trading has been suspended for some reason for the past few months. The last traded price was$0.29 which translates to a market cap of$8-9 mn. The company has secured agreements to buy the first farm of GRS Foods and is under negotiation to secure long term contracts of acquisition for the remaining as well. In line with this strategy, the company has appointed the lead manager. (Anon, 2016) Statement of Financial Position The items in the Statement of Financial Position analyzed are a) Total Current assets, b) Total non current assets , Total Current Liabilities, Total Stock Holder' equity. Total Current assets of the company for year ended 30 June 2016 is $ 535, 916. In comparison to the previous financial year ended 30 June 2015, the Current Assets have decreased from $1, 045, 766 to $ 535, 916. This represents a decrease of 49%. Current Assets in year ended 30 June 2016 comprises of cash cash equivalents of $ 535, 916 which is 100% of the Current Assets. For the previous year, mix of Current Assets was 17% in cash cash equivalents ($ 175, 341), loans 83% ($868, 259) and other current assets comprised of less than 1% ($2, 166). The company seems to be liquidating its current assets and converting it to cash. Hence all other Current Assets for year ended 30 June 2016 was probably the liquidation of the Current Assets in year ended 30 June 2015 and conversion to cash. This is because the company does not have any operations and have generated sales of only $ 2, 825 in year ended 30 June 2016 and $68 for year ended 30 June 2015 Total non current assets for year ended 30 June 2016 of $ 99, 428 comprising primarily of Property, Plant Equipment ($ 29, 756) and investments ($69, 672) in the mix of 30% and 70% respectively represented an increase of 1.22 x over the previous year ended 30 June 2015. In year ended 30 June 2015, non Current Assets were primarily represented by Property, Plant Equipment of $44, 676 (nearly 100%). Property, Plant Equipment has decreased by 33% for year ended 30 June 2016 compared to year ended 30 June 2015. This could be due to the depreciation charge. The company seems to be parking its current assets liquidated into cash and putting into investments due to the stall in operations Total Current Liabilities droProperty, Plant Equipmentd by 36% for year ended 30 June 2016 compared to the previous year ended 30 June 2015 from $814, 048 to $ 519, 511 respectively. This was mainly on account of 64% decrease in loans borrowings which represented 89% of the mix of Current Liabilities for the year ended 30 June 2015. Property, Plant Equipment decreased from $ 726, 468 to $ 263, 792. In year ended 30 June 2016, the Loans Borrowings comprised of 51% of the Current Liabilities. 49% of Current Liabilities at $255, 719 was represented by trade payables. Total Stock Holder' equity is $ 115, 833 in year ended 30 June 2016 compared to $ 276, 493 for year ended 30 June 2015. This represents a decrease of 58% over year ended 30 June 2015. The company has an accumulated loss of $ (19, 180, 961) compared to $ (17, 624, 768) for year ended 30 June 2015. This represents a 9% increase. The company has been accumulating losses due to stalled operations and spending costs. Hence the accumulated loss has increased by $2 mn for year ended 30 June 2016 over year ended 30 June 2015. The company has also been pumping equity to remain afloat over the period of time. In year ended 30 June 2016, the equity holders have pumped $1.2 mn for the year ended 30 June 2016 Stockholder Equity Total Stock Holder' equity is $ 115, 833 in year ended 30 June 2016 compared to $ 276, 493 for year ended 30 June 2015. This represents a decrease of 58% over year ended 30 June 2015. The company has an accumulated loss of $ (19, 180, 961) compared to $ (17, 624, 768) for year ended 30 June 2015. This represents a 9% increase. The company has been accumulating losses due to stalled operations and spending costs. Hence the accumulated loss has increased by $2 mn for year ended 30 June 2016 over year ended 30 June 2015. The company has also been pumping equity to remain afloat over the period of time. In year ended 30 June 2016, the equity holders have pumped $1, 395, 533 mn for the year ended 30 June 2016. However, given the situation, there is an increasing chance that the company cannot be classified as a Going Concern as per the Accounting Standards Board (Bloomberg.com, 2016) Statement of Profit and Loss The items in the Statement of Profit and Loss analyzed are Total (operating) revenues, Cost of Goods Sold, Total expenses (before income taxes), Any non-operating (or extraordinary) gains and losses, Earnings per share (EPS). Total (operating) revenues The company does not have any operations. Hence the operating revenues are close to negligible. For year ended 30 June 2016, the company had revenue of $ 2, 825 compared to that of $ 68 for year ended 30 June 2015. Cost of Goods Sold (if relevant) There is neither cost of manufacturing operations nor cost of goods sold since the operations have been discontinued. Total expenses (before income taxes) Inspite of no operations, the company still incurs fixed costs with respect to employees, contractor pay and other expenses. In addition there are financing expenses especially on working capitals spend. Total Operating expenses on Continuing activities of the company for YE2016 is $ 690, 759. In comparison to the previous financial year YE2015, the Operating expenses on Continuing activities have increased from $ 328, 597 to $ 690, 759. This represents an increase 1.1x. Operating expenses on Continuing activities in YE2106 comprises of other expenses of $ 325, 075 which is 47% of the Operating expenses on Continuing activities. 45% of the mix comprises of expenses for Consultant Contractor expenses. For the previous year ended 30 June 2015, 40% of the mix comprises of expenses for Consultant Contractor expenses mix of Operating expenses on Continuing activities while other expenses constituted another 40%. The employee benefit expenses halved from $40, 484 to $20, 883 from year ended 30 June 2015 to year ended 30 June 2016 while the financing expenses became 2x from $5, 593 in year ended 30 June 2015 to $17, 433 in year ended 30 June 2016. Financing expenses roughly constitutes 2-3% of the Operating expenses on Continuing activities. It is obvious that employees have been pruned from year ended 30 June 2015 to year ended 30 June 2016 and hence the expenses corresponding to them have reduced by 48%. This is in line with the fact that operations have been curbed and sales are on the diminishing side. This is because the company does not have any operations and have generated sales of only $ 2, 825 in year ended 30 June 2016 and $68 for year ended 30 June 2015 Any non-operating (or extraordinary) gains and losses There is a Loan write off by $(1, 668, 052) in YE 16. The revenue from discontinued operations has posted a loss of $858, 259 in year ended 30 June 2016. In year ended 30 June 2015, the loan writes off was $2, 526, 311. Due to the operations being discontinued progressively loan which has been part of the Current Assets has been becoming non performing and the company has been taking continuous write offs in the past 2 years of year ended 30 June 2015 and year ended 30 June 2016. In all, in the past 2 years, there has been a write off of $3.4 mn. This is also evident in the analysis of Current Assets, where loans of $ 868, 259 in year ended 30 June 2016 have become nil in year ended 30 June 2015. Earnings per common share (EPS) The EPS has marginally been better from -1.89 in Year ended 30 June 2015 to -0.49 in Year ended 30 June 2016. Owing to the loss of $2,860,866 in Year ended 30 June 2015 reducing to $1,556,193. The biggest contributor for the loss in Year ended 30 June 2015 was the loan write off of$2, 526, 311 which was 86% of the loss after tax for Year ended 30 June 2015 Statement of Cash Flow net cash inflow (outflow) from operating activities The receipts from customers, payments to suppliers / employees / others, interest received constitutes the CFO. The total CFO for Year ended 30 June 2015 was $462,064 compared to $502,710 for Year ended 30 June 2016. This also represents a 109% increase in the payments to suppliers / employees / others. Given the suppressed level of operations that company has received only $2,500 of its receivables from customers. net cash inflow (outflow) from investing activities The company has invested $69,572 in Year ended 30 June 2016 for CFI. In the previous year Year ended 30 June 2015, the company seems to have sold $27,300 of Property, Plant Equipment. This points to a scenario where the company is trying to change its business line by selling existing Property, Plant Equipment and buying new Property, Plant Equipment. This is in line with their announcement where they have appointed a lead manager investment banker for their fund raising activity. net cash inflow (outflow) from financing activities The company has been funding its new business model from issuing convertible instruments where convertible loans are converted into equity. This amount raised is $1,082,334in Year ended 30 June 2016 compared to $626,577 in Year ended 30 June 2015. The company has repaid $137,200for loans and $12,277 for hire purchase obligations for Year ended 30 June 2016. In the previous year of Year ended 30 June 2015, $32674 is repaid for hire purchase obligations. net increase (decrease) in cash during the year Overall, there has been an increase in CCE by $360,575 for Year ended 30 June 2016 compared to $159,139 for Year ended 30 June 2015. Thus the CCE has more than doubled. Primarily, the increase has been on account of infusion of cash from the convertible loans into equity of $1,082,334 in Year ended 30 June 2016. Thus the CCE at the end of the year in Year ended 30 June 2016 was $535,916 which represents a 4x of the CCE of $175,341 for Year ended 30 June 2015. Conclusion Thus it is clear that the company is in a phase where it is changing its business model from being a crop production company to a dairy farming company. The company is choosing an inorganic route to develop scale in this business by acquiring 5 farms for which definitive agreements seem to have been under negotiation. As a result, currently it has pumped equity in the company and is also raising money from the market by floating a prospectus. Currently, therefore, its cash flows are under strain. In undoing its earlier business, it has liquidated its working capital and sold its Property, Plant Equipment. It has used the cash available through this in addition to the equity infusion to buy Property, Plant Equipment and create a war chest for acquisitions of the 5 dairy farms. The amount to be raised from the market will add to the war chest. The company was listed in the Australian stock exchange earlier and it seems due to the change in the business plan, the company has got itsel f delisted. It is looking for a fresh listing by raising money from the market. (Australiannaturalproteins.com.au, 2016) Recommendation The company has very little track record of the dairy business. Moreover, the risk for the investors is enhanced since this is not a steady operating model with years of history. Moreover the company is substantially using investor money to commence this business which means that the skin of the company promoters in this game is limited who have invested from the returns they derived in the earlier business. The earlier business also does not seem to show any traction and year on year losses have been accumulated. Hence it is recommended that investors do not invest in this company until their operations are stabilised and the proof of the pudding is evident. References and Bibliography References Anon, (2016). [online] Available at: https://www.intelligentinvestor.com.au Home Companies AYB [Accessed 21 Sep. 2016]. Asx.com.au. (2011).Announcements Search Results. [online] Available at: https://www.asx.com.au/asx/statistics/announcements.do?by=asxCodeasxCode=aybtimeframe=Dperiod=M6 [Accessed 20 Sep. 2016]. Australian Natural Proteins. (2016).AProperty, Plant Equipmentndix 4E - Preliminary Final Report, ASX Listing rule 4.2A. Australiannaturalproteins.com.au. (2016).Home | Australian Natural Proteins. [online] Available at: https://www.australiannaturalproteins.com.au/ [Accessed 20 Sep. 2016]. Bloomberg.com. (2016).AYB:ASE Stock Quote - Australian Natural Proteins Ltd. [online] Available at: https://www.bloomberg.com/quote/AYB:AU [Accessed 21 Sep. 2016]. Reuters. (2016).${Instrument_CompanyName} ${Instrument_Ric} Analysts | Reuters.com. [online] Available at: https://www.reuters.com/finance/stocks/analyst?symbol=AYB.AX [Accessed 20 Sep. 2016].