Understanding Allco Finance Group's Business Structure and Operations

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Allco Finance Group was an Australian investment company that operated from 2004 to 2009.

It was listed on the Australian Securities Exchange (ASX) and had a diverse range of investments, including aircraft leasing, property development, and renewable energy projects.

The company's business structure was complex, with multiple subsidiaries and joint ventures.

These subsidiaries and joint ventures allowed Allco to expand its operations and invest in a variety of sectors.

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Financial Information

In 2025, the annual revenue of Allco Finance Group was $20.7 million.

The company's market capitalization fluctuated significantly between 2006 and 2008, reaching as high as $3.7 billion in 2007.

Allco Finance Group had a net gearing of 842.8% in 2008, indicating a high level of debt.

The company's net interest cover was negative in 2008, indicating that it struggled to cover its interest expenses with its earnings before interest and taxes.

Here is a breakdown of the company's total assets and liabilities in 2008:

The company's debt levels were particularly high in 2008, with $2.4 billion in short-term debt and $2.1 billion in long-term debt.

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Annual Revenue

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The annual revenue of a company can give you a sense of its overall financial health. Allco Finance Group had an annual revenue of $20.7 million in 2025.

Companies with high annual revenues often have a strong market presence and can invest in various projects. However, it's essential to consider other financial metrics to get a comprehensive picture of a company's performance.

The annual revenue of a company can fluctuate from year to year, so it's crucial to look at trends over time.

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Afghanistan Balance Sheet

The Afghanistan Balance Sheet provides a snapshot of the company's financial position at a specific point in time. It's a crucial document that gives stakeholders an idea of the company's assets, liabilities, and equity.

As of 2008, the company's total assets stood at $7.452 billion, a significant increase from $1.309 billion in 2006. This growth can be attributed to various factors, including strategic investments and acquisitions.

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The company's current assets, which include cash, debtors, and other current assets, totaled $3.4202 billion in 2008. This represents a substantial increase from $142.2 million in 2006.

The company's liabilities, on the other hand, increased significantly to $6.9335 billion in 2008, up from $704.7 million in 2006. This includes both current and non-current liabilities.

Here's a breakdown of the company's liabilities as of 2008:

The company's equity, which represents the ownership interest in the business, stood at $490 million in 2008. This is a decrease from $604.1 million in 2006.

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Industry and Codes

Allco Finance Group is a company that has been classified under various industry codes.

The NAICS codes for Allco Finance Group are 23 and 236, which indicate its involvement in finance and construction activities.

These codes provide a framework for understanding the company's primary business operations and how it fits into the broader economy.

Naics Code Definition

The NAICS code is a six-digit number that helps identify specific industries and businesses. It's used by the US Census Bureau to classify businesses and provide economic data.

Allco Finance Group, for example, has NAICS codes 23 and 236. NAICS codes are essential for businesses to accurately classify themselves and access relevant economic data.

NAICS codes are used for a variety of purposes, including government contracting and statistical analysis.

SIC Code

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The SIC code for Allco Finance Group is 152 and 15.

These codes are specific to the company's industry classification.

Investments and Crisis

Allco Finance Group was heavily involved in various investment areas, including property, transport, and infrastructure. They owned or managed over 117 major properties in 8 countries.

Allco's investments in the transport sector were significant, with 54 commercial jet aircraft and 38 shipping vessels under their ownership or management. They also had another 40 jet aircraft and 23 shipping vessels on order.

Here's a breakdown of Allco's investments in the transport sector:

Allco's investments in the transport sector were substantial, but the company faced significant challenges during the sub-prime crisis. In 2008, banks seized 14% of the company's shares after it defaulted on margin loans, leading to its placement in voluntary administration on November 4th of that year.

Investment Areas

Allco's investment strategy was quite diverse, with a focus on property and transport sectors. They owned or managed a large fleet of commercial jet aircraft, with 54 planes in their possession and another 40 on order.

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The majority of these aircraft were leased to major carriers like Qantas. This indicates that Allco was not just an investor, but also a significant player in the aviation industry.

Allco's shipping business was also substantial, with 38 vessels under their ownership or management, and another 23 on order. This is a significant investment in a sector that requires a lot of resources and expertise.

Here's a breakdown of Allco's investment areas:

  • Aviation: 54 commercial jet aircraft, with another 40 on order
  • Shipping: 38 vessels, with another 23 on order
  • Rail: Over 3100 railcars and 29 locomotives
  • Infrastructure: Various facilities, including power generation, waste water treatment, pipelines, port facilities, and energy distribution facilities
  • Property: Ownership of over 117 major properties in 8 countries

Bank Accord: Near Crisis

In 2008, Allco Aircraft was on the brink of disaster due to the sub-prime crisis, with banks seizing 14% of its shares after it defaulted on margin loans.

The company was placed in voluntary administration on 4 November 2008, marking a major blow from the credit crisis.

The sub-prime crisis had a significant impact on Allco Aircraft, leading to a near-crisis situation that required a last-ditch effort to save the company.

A new deal was struck to help Allco Aircraft recover, but it came with a cost: much higher interest charges of up to 3.5 percentage points above prevailing loan rates available to banks.

This agreement was a crucial lifeline for the company, but it highlighted the challenges that businesses face during times of financial crisis.

The funds involved in the deal were substantial, with Mr Clarke mentioning that they would be up to $500 million each.

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Company Structure

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Allco Finance Group was a global investment bank and financial services company that operated from 2004 to 2009.

The company's structure was a complex web of subsidiaries and associated entities.

Allco Finance Group was listed on the Australian Securities Exchange (ASX) under the ticker code AFG.

Its main operating subsidiaries included Allco Finance Limited, Allco Equity Partners, and Allco Funds Management.

These subsidiaries were responsible for managing the group's various business segments, including asset finance, private equity, and funds management.

CEO Of

When you're looking at a company's structure, one key figure stands out: the CEO. Harris Cash is the CEO of Allco Finance Group.

The CEO is responsible for making big decisions that impact the company. They set the overall direction and strategy for the business.

Harris Cash has experience in the finance industry, which likely helps him in his role as CEO of Allco Finance Group.

AfG1 Capital Structure

AfG1's capital structure is predominantly debt-based, with a total debt of $4,480,440, accounting for 82% of its capital structure. This is a significant portion of its overall capital.

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The company's long-term debt is particularly high, standing at $2,079,565, which is a substantial burden on its financial health. This is evident from the fact that the company's long-term debt has actually increased over the years, from $630 million in 2006 to $2,079.6 million in 2008.

The company's preferred stock is zero, indicating that it does not have any preferred shareholders. In contrast, its share equity is relatively low, standing at $457,794, which accounts for only 18% of its capital structure.

Here's a breakdown of AfG1's capital structure:

The company's reliance on debt has implications for its financial health and ability to invest in its operations.

Sheldon Kuphal

Writer

Sheldon Kuphal is a seasoned writer with a keen insight into the world of high net worth individuals and their financial endeavors. With a strong background in researching and analyzing complex financial topics, Sheldon has established himself as a trusted voice in the industry. His areas of expertise include Family Offices, Investment Management, and Private Wealth Management, where he has written extensively on the latest trends, strategies, and best practices.

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