Abstract
For this assignment, I have decided to work on the British Airways Group. This choice allows us to study the finance of a big company, which is totally international and is known by everybody. When I use the term company, I mention the group because I've only used the group's figures. I am going to analyze three years balance sheet of British Airways, in order to see the major differences and their reasons. The objective is to interpret the differences from the point of view of the shareholder. We must take into account the fact that British Airways has changed its accounts with the IFRS, so some figures are different between two reports even for the same year.
