FINANCIAL

MANAGEMENT
M. USMAN
15324

HISTORY OF SANOFI

 CEO STATEMENT:
We have a huge responsibility to deliver
Innovative, effective and safe solutions
to Those in need.
VISION:
To be a diversified healthcare leader,
focused on patients needs.

MISSION:
To enhance the quality of life of the greatest number
through providing a continuum of care by answering
unmet medical needs of the community and promoting
access to quality healthcare.

ORGANIZATIONAL CHART

Organogram Finance

Director Finance
Deputy Director
Finance
Manager Treasury

Manager
Payroll/Compensation

Manager
Accounts
Manager Legal &
Taxation

Tasks For Finance Department

Primary responsibilities include preparing the revenue and OPEX

plan, forecasts and reporting actual figures.
The position ensures that the requests and responsibilities of the
revenue and OPEX area of finance are completed in a timely
manner.
Specific responsibilities include conducting on-going reviews of
budgets and to identify, assess and investigate budget variances.
Also responsible for maintaining pricing records in SAP after
approved by Pricing Department.
Record and reconcile all related balance sheet accounts.
Generate reports and perform analytics in preparation for monthly
meetings with Directors/Budget managers to review status of P&L
and Balance Sheet

Tasks For Finance Department

Identify and analyze variances from budget.

Provide monthly revenue reports and summary updates.
Assist directors in identifying variances and making modification
for the forecast/plan as decisions are made.
Complete weekly forecasts to project actual revenue for the
month versus the monthly plan.
Assist directors in identifying variances and making modification
for the forecast/plan.

EARNING PER SHARE

60
50.52

50

40
30

32.12

2011

2012

23.8

2013

20
10
0
EPS

SALES VERSUS GROSS PROFIT

10000
9000
8000
7000
6000
5000
4000
3000
2000
1000
0
SALES
COST OF SALES
GROSS PROFIT

2011
7619.46
5589.93
2033.53

2012
8628.38
5998.99
2629.39

2013
8791.59
6113.66
2677.92

OPERATING EXPENSES
2500
2000
1500
1000
500
0
Operating
Expenses
Marketing
Admin
Others

2011

2012

2013

1660.78

2016.71

1945.03

1398.92
190.08
71.78

1567.1
220.85
228.75

1458.54
236.94
249.54

Other Operating Income & Financial Cost

Rupees in Millions

300
250
200
150
100
50

0
Oprating
Income
Finance Cost

2011

2012

2013

163.87

256.68

40.5

113.19

159.66

233.19

Conclusion
Analysis depict the following observations:
Increasing trend in sales from 7619million to 8628million helped
sanofi to raise earning per share.
Significant reduction in cost of sales from 73.36% to 69.52% also
create the impact in the increment of earning per share.
There is no significant change in the operating expenses of the
organization.
Increment in the other operating Income also have a positive effect
on the earning per share of Sanofi.

Recommendations

Further reduction in cost of sale can improve the

earning per share in future
Through efficient OPEX planning company can create
positive impact on EPS.
Like in 2012 by maximizing other operating income,
there is an opportunity to increase EPS.