Corporate accounting Assignment Example | Topics and Well Written Essays - 2500 words

Corporate accounting - Assignment Example CSL Behring has its operations spread over several countries like Australia, US, Germany and Switzerland. The company has around 10000 employees spread across 27 countries all over the world. BioCSL carries out operation from Melbourne and caters medical solutions to customers all over the world. The group accounts also reveal that CSL Limited carries out research and development to support its global operations. CSL Behring carries out activities of developing and marketing blood plasma derivative and recombined medical solution, bio-therapies for its customers all over the globe. The bio-therapies of the company provides solutions in developing immune systems against diseases like haemophilia, hereditary syndromes, von Willebrand, angioedema etc. The therapy solution developed by the companies also used for treating heart diseases, burns and shocks, transplantation of organs and also for treatment of newly born babies. BioCSL is another subsidiary that carries out the function of developing anti-influenza vaccines, anti-venom and diagnostic reagents to the global markets like Papua New Guinea, New Zealand, Asia-Pacific, etc. The research and development wing of the company is dedicated to support the bio-pharmaceutical business by developing protein-based medicines which are sold in licensed versions. The company is focussed on developing the existing products as well as developing break-t hrough solutions through use of DNA technologies. The research and development wing is also looking at improving their capabilities in the area of haemophilia, blood coagulation, etc. The non-controlling interests of CSL Limited could be understood from the following table as given below. The percentage of shareholding of the company by the various shareholders has been given in the following table. The percentage of shareholdings of the shareholders has been depicted in descending form. Since CSL