Nestle (malaysia) berhad
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INTRODUCTION Founder of Nestle Worldwide are by Henri Nestlé from Vevey,Switzerland which merge with Anglo-Swiss Condensed Milk Company How Nestle Worldwide Idea Emerge? Swiss chemist,Henri Nestle want to save the life of his neighbour’s child who was unable to breast feed and suffering from malnutrition,thus he developed his first infant formula in year 1967
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Accounting Information System (AIS)-Nestle Malaysia Berhad
Transcript of Nestle (malaysia) berhad
INTRODUCTIONFounder of Nestle Worldwide are by Henri Nestlé from Vevey,Switzerland which merge with Anglo-Swiss Condensed Milk Company
How Nestle Worldwide Idea Emerge?
Swiss chemist,Henri Nestle want to save the life of his neighbour’s child who was unable to breast feed and
suffering from malnutrition,thus he developed his first infant formula in year 1967
Nestle Malaysia have been establish in year of 1912 and started first operation at Penang as the Anglo-Swiss
Condensed Milk Company
Board of Director Nestle Malaysia 2013
Tan Sri Dato’ Seri Syed ZainolAnwar Jamalullail
Independent, Non-Executive DirectorChairman of the Board of DirectorsChairman of the Audit CommitteeChairman of the Nomination Committee
Dato’ Mohd. Rafik Bin Shah Mohamad
Independent, Non-Executive DirectorMember of the Audit CommitteeChairman of the Compensation Committee
Tan Sri Datuk (Dr.) Rafiah Binti Salim
Independent, Non-Executive DirectorMember of the Audit CommitteeMember of the Compensation Committee
NESTLE MALAYSIA CORPORATE PHILOSOPHY
Be the leading multinational company in food, nutrition, health and wellness.
Manufacture and produce world-class products of the highest consistent quality, reliability and convenience based on business excellence principles throughout our operations.
Maximise the use of good quality local raw materials .
Nature of Business Nestle MalaysiaManufacturing
According to Investopedia (2014) ,manufacturing production are defined as the creation and assembly of components and finished products for sale.
According to annual report 2013,category of product produces under Nestle Malaysia are have 10 category
Dairy Milks Beverages Confectionery Chilled Dairy
Maternal and Infant Nutrition
Healthcare Nutrition
Food Business Nestle Liquid Drinks
Nestle Ice Cream
Figure 1 : Sample of Nestle Malaysia product by category
Dairy Milks Beverages Food Business Nestle Liquid Drinks
Illustration 1 :Milo
Illustration 2 : Nestle Omega Plus
Illustration 3 :Nescafe
Illustration 4 :Maggi
Illustration 5 :Nestle Susu Steril
Nestle Ice Cream
Confectionery Chilled Dairy Maternal and Infant Nutrition
Healthcare Nutrition
Illustration 6 :Nestle Drumstick
Extrem Choc
Illustration 7:Kit Kat
Illustration 8 :Nestle Bliss
Illustration 9 :Nestle Lactogen 3
Illustration 10 :Nestle Nutren Diabetik
Services
Nestle Profesional
Nestle Malaysia (2014) stated that Nestlé Professional are teamed up with the Chefs Association of Malaysia, to produce the ‘Amazing Inspirations’, a recipe book that highlights the nation’s best chefs’ culinary skills and creative recipes that use MAGGI,which to inspire aspiring young chefs in the industry.
Register customers will received a free recipe books from Nestle Malaysia to promoting and sharing their secret recipes
Customer Service Section
Section for any complaint,suggestion,query and others for customers satisfaction after use the products provide in Nestle Malaysia.
Nestle Malaysia Customer Service Number, Address, Email Id
Nestle Contact Number Malaysia:Toll Free Number : 1-800-88-3433.Phone Number : +603-7965 6000 Nestle Head Office Address :
Nestlé (Malaysia) Berhad (110925-W),22-1, 22nd Floor, Menara Surian,No. 1, Jalan PJU 7/3,Mutiara Damansara,47810 Petaling Jaya,Selangor, Malaysia.Fax : +603-7965 6767.If you need any information about company, products you can visit Website
BUSINESS ACTIVITIES
Accounts Receivable Cash Received
Accounts Receivable Non-current receivable• Loans to employees
Current trade receivable• Trades receivable• Amount due from related companies• Amount due from associate• Hedging insttruments
Current non-trade receivable• Amount due from subsidiaries• Amount due from related companies• Other receivables, deposits and prepayments.
Statement of Financial Position Nestle Malaysia 2013
Notes of Trade and Other Receivable Nestle Malaysia 2013
Cash Received
• Operating activities
• Investing activities
• Financing activities
Statement of Cash Flow for Nestle Malaysia 2013
Statement of Cash Flow for Nestle Malaysia 2013 (continued)
Accouting Policy For Cash And Cash Equivalents
Cash and cash equivalents consist of cash on hand, balances and deposits with banks and highly liquid investments which have an insignificant risk of changes in value. For the purpose of statement cash flows, cash and cash equivalents are presented net of bank overdrafts and pledged deposits. (Nestle (Malaysia) Berhad, 2013, p. 46)
How AIS add value to
• Technology
• Business operations
• Management decision making
