As I mentioned earlier, the rate of employment in Sedgman has declined rapidly since 2010 with almost 1000 employees globally.  In 2012 they rose to over 1030 employees globally, with 838 in Australia alone.  But it was in October 2012 when rumours began to surface of cost cuts and a confidential email was sent to workers encouraging them to apply for voluntary redundancy, noting the companies intention to reduce costs and improve efficiency.  http://www.miningaustralia.com.au/news/sedgman-emails-staff-asking-for-voluntary-redundan
The company had been seeing a revenue increase of 17.2% to $650.5 million as of August 2012, and the Managing Director Nick Jukes commented saying that they were very pleased with the growth, but they were anticipating a softening in commodity prices and high Australian dollar therefore affecting their future growth.

In the 2013 financial statement, the effects of the economy have had a significant affect on revenues and profits.  Combined revenue (Of projects and Operations across the globe) was down 33.1% from $650.8million to $435.5 Million.  NPAT down 75.1% from $37.8 million to $9.4 million.  The staff headcount was at 788, lower than it was in 2010, a decrease of 23.5% since June 2012.  This is even less than the total of JUST Australia in 2012 of 838.  Now there are only 788 global, supposedly due to the slowdown in the resources sector.

Sedgman claims that the reduced revenue is due to the large asset write down of 4.5 million dollars and redundancy costs of 2.1 million.  

It is worth mentioning that as cash is the real linchpin in organisations, the company reported net cash of 75 million net cash.  Looking at the consolidated balance sheet, there is an increase in cash however small of $10,034.00.  The company still seems to be bringing in sufficient amounts of cash.

Another point that came to my attention was the large difference in profit for the year ended 30 June 2013 and 30 June 2012 in the Consolidated statement of comprehensive income.  A difference of $28,420 since 2012 is a substantial difference.

My key concepts and questions are a little jumbled, and I apologise for that.  I don't seem to be thinking in a straight line with this assignment, rather I jump back and forth between statements, years and facts.

But bear with me :)