Operational or Financial??

Could anyone help me out with deciding whether some of my accounts are Operational or Financial? I’m having a little trouble.

My main issues are with accounts in the income statement. Would anyone know what ‘Net exchange difference on translation of financial statements of foreign operations’ would go under?

It just looks like a really long confusing title to me :/. 

Key People in MaxiTRANS

MaxiTrans builds muscle in trucking industry

http://www.smh.com.au/business/maxitrans-builds-muscle-in-trucking-industry-20120326-1vuo5.html

o   BALLARAT truck trailer and parts supplier MaxiTrans' $20 million buy of Gladstone-based Queensland Diesel Spares may not be its only acquisition using its spruced-up balance sheet.

o   MaxiTrans' managing director Michael Brockhoff had been so busy yesterday, he had not seen the 8 per cent rise in the group's shares, which closed 3.5¢ higher at 46.5¢ after the deal was unwrapped.

o   Asked by Insider why he was using debt rather than equity - especially given the MaxiTrans share price has gone from 20¢ to 46¢ since mid-2011 - Brockhoff said that having cleaned up his balance sheet in recent times, he had no qualms about borrowing to do the acquisition.

o   QDS has turnover of $40 million a year, compared to MaxiTrans' total of close to $300 million these days. The Queensland group, which is debt free, made $4.5 million before interest and tax on a ''normalised'' basis in the latest year.

o   Brockhoff, having dipped a toe in the water and noting that QDS is predominantly servicing the resource-heavy Gladstone region (it is in Brisbane and the Gold Coast, too), is looking to see what gaps he can plug in his group's national footprint. No doubt Queensland, and Western Australia, will continue to be on the radar.

Some interesting Key Dates in my company's history

Key Dates in Maxi-TRANS History:

▪    1946 - Freighter Industries commenced operations

▪    1972 - Maxi-CUBE commenced operations

▪    1973 - Freighter Industries moved manufacturing operations from Moorabbin to Ballarat

▪    1988 - Maxi-CUBE acquired Fruehauf Trailers

▪    1994 - Maxi-CUBE listed as a public company

▪    1995 - New Zealand (Maxi-CUBE) operations commenced

▪    1996 - China Joint Venture established (MTC)

▪    1998 - Maxi-CUBE purchased Freighter Industries and acquired Coonara wood heaters (Coonara divested in 2002)

▪    1998 - Maxi-CUBE Ltd renamed MaxiTRANS Industries Ltd (Maxi-CUBE retained as a product brand)

▪    1999 - Maxi-CUBE van assembly operations transferred to Ballarat to consolidate all existing Company trailer assembly operations

▪    2000 - Michael Brockhoff (formerly MD Linfox) appointed as Managing Director

▪    2002 - New Victorian sales, service and parts facility opened at Derrimut (incorporating MaxiTRANS Head Office)

▪    2003 - Initial $5m upgrade of Ballarat manufacturing operations completed

▪    2003 - Lusty EMS Pty Ltd acquired

▪    2004 - New manufacturing facility for Lusty EMS at Richlands, Brisbane

▪    2004 - Hamelex White acquired

▪    2004 - Parts joint venture established with Colrain

▪    2005 - Acquired certain assets of Peki

▪    2006 - Acquired the remaining 30% shareholding in Colrain Pty Ltd

▪    2006 - Completed the $5m second stage upgrade of the Ballarat Manufacturing facility

▪    2010 - Peki and Hamelex White manufacturing operations transferred to Ballarat to improve operational efficiency

▪    2011 - Hamelex White sales, service and engineering operations, together with MaxiTRANS’ Hallam repairs and service operations transferred to a larger and better located joint facility in Dandenong

▪    2011 - Acquired the remaining 50% of the MTC JV (China panel plant) and contracted the sale of 20% to the management team of MTC. Commenced construction of an all new panel plant at Yangzhou

▪    2012 - Acquired Queensland Diesel Spares (QDS), a major parts distributor in Queensland

▪    2012 - Acquired the business of AZMEB Global Trailers, a leading manufacturer of innovative side tippers for resources and waste transfer

▪    2012 - Acquired 80% of Transport Connection

2013 – Colrain and Queensland Diesel Spares join to form the single brand MaxiPARTS

MaxiTRANS

The company I was assigned is MaxiTRANS.
My company has been described as the largest supplier of road transport trailing solutions. The Company’s operations consist of a complementary mix of activities centred on the broad needs of road transport operators. They include manufacture of leading trailer brands, supply and distribution of parts, provision of service and repair support, manufacture of urethane foam and body panels and the sales and finance of new and used trailing equipment. 
MaxiTRANS is also a leader in repair and service support to the Australasian transport industry through its network of Company owned and operated repair and service divisions and its franchised dealer networks.
Through the MaxiPARTS division, MaxiTRANS is also a major supplier of parts and consumables to the road transport industry. Customers range from other trailer manufacturers through small and large transport companies to companies in the resources sector.
MaxiTRANS products serve many industries including Transport and Logistics, Fresh Produce, Food and Beverage, Building and Construction, Agriculture and Natural Resources.

Hi Everyone,

My name is Dominique Cassano I'm in my first year of studying at Central Queensland University. I am currently studying a Bachelor of Business but I'm not sure what I'm going to major in yet.

Thanks and have a great day :)