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HORIZENTAL ANALYSIS ON INCOME STATEMENT

ENGRO FOOD
INCOME STATEMENT
Discription 2011 2012 2013 2014

Net sale 29,859,228 40,168,919 37,890,688 43,027,377


Cost og good sold 23,230,446 29,848,301 29,747,587 34,926,132
Gross profit 34,926,132 10,320,618 8,101,245 8,143,101
Distribution and Marketi 3,716,489 4,709,275 4,692,502 5,063,279
Administrative expenses 504,722 740,690 1,041,254 1,282,240
Other operating expenses 208,902 429,763 103,770 188,729
Other income 213,133 382,402 304,854 324,301

Operating Profit 2,411,801 4,823,292 304,854 2,327,587


Other expenses 596,328 881,456
Finance cost 1,049,141 902,503 784,904 1,236,904
Profit Befor Taxation 1,362,660 3,920,789 494,355 507,780
Taxation 471,687 1,325,616 296,820 394,476
Profit For the year 890,237 2,595,173 210,960 888,831
Earning per share-Basic an 0.22 3.43 0.28 1.16

HORIZENTAL ANALY
change in # change in % change in # change in %
ASSETS 2012-2011 in 2012 2013-2011 in 2013
Non Current Assets
Property, plant 1,342,653 14% 4,894,182 51%
Biological Assets 171,636 35% 219,647 44%
Intangible Assets -29,029 -22% 470,121 352%
Long-term Deposit 57,650 238% 68,920 285%
Compensation Balance 883,018 #DIV/0! 168,865 #DIV/0!
0 #DIV/0! 0 #DIV/0!
Total Non Current Assets 2,405,938 23% 5,821,744 57%
Current Assets 0 #DIV/0! 0 #DIV/0!
Store Tools 103,995 18% 167,859 29%
Stock in Trade 856,989 32% 561,574 21%
Trade Debt 61,953 71% 158,646 182%
Advance Payments -4,303 -2% -79,348 -30%

Other Receivables 280,041 24% 1,199,036 103%


Compensation Expense 333,271 23096% 134,709 9335%
Taxes 25,767 #DIV/0! 636,530 #DIV/0!

Investments 1,412,750 109% -1,124,000 -87%


Cash 71,278 20% 224,308 64%
Total Current Assets 3,143,563 49% 1,879,382 30%

Total Assets 5,549,501 33% 9,055,530 54%

VERTICAL ANALYSIS ON INCOME SATATEMENT


ENGRO FOOD
INCOME STATEMENT
Discription 2011 2012 2013 2014

Net sale 29,859,228 40,168,919 37,890,688 43,027,377


Cost og good sold 23,230,446 29,848,301 29,747,587 34,926,132
Gross profit 34,926,132 10,320,618 8,101,245 8,143,101
Distribution and Marketi 3,716,489 4,709,275 4,692,502 5,063,279
Administrative expenses 504,722 740,690 1,041,254 1,282,240
Other operating expenses 208,902 429,763 103,770 188,729
Other income 213,133 382,402 304,854 324,301

Operating Profit 2,411,801 4,823,292 304,854 2,327,587


Other expenses 596,328 881,456
Finance cost 1,049,141 902,503 784,904 1,236,904
Profit Befor Taxation 1,362,660 3,920,789 494,355 507,780
Taxation 471,687 1,325,616 296,820 394,476
Profit For the year 890,237 2,595,173 210,960 888,831
Earning per share-Basic an 0.22 3.43 0.28 1.16

VERTICAL ANALYSIS ON BALANCE SHEET


ENGRO FOOD
ASSETS BALANCE SHEET
ASSETS 2011 2012 2013 2014
Non Current Assets
Property, plant 9,615,426 10,958,079 14,509,608 15,021,519
Biological Assets 496,809 668,445 716,456 858,680
Intangible Assets 133,598 104,569 603,719 112,208
Long-term Deposit 24,212 81,862 93,132 109,174
Compensation Balance 883,018 168,865 112,581

Total Non Current Assets 10,270,045 12,675,983 16,091,789 16,214,162


Current Assets
Store Tools 571,812 675,807 739,671 788,141
Stock in Trade 2,637,816 3,494,805 3,199,390 3,697,787
Trade Debt 87,121 149,074 245,767 95,662
Advance Payments 266,093 261,790 186,745 113,501
Other Receivables 1,160,126 1,440,167 2,359,162 2,865,697
Compensation Expense 1,443 334,714 136,152 90,430
Taxes 25,767 636,530 1,637,018
Investments 1,294,000 2,706,750 170,000
Cash 350,728 422,006 575,036 197,106
Total Current Assets 6,369,139 9,512,702 8,248,521 9,485,552
Total Assets 16,639,184 22,188,685 25,694,714 24,340,310

LIABILITIES AND EQUITITY


Liabilities 2011 2012 2013 2014
Equitity
Share capital 7,517,889 7,616,776 7,665,961 7,665,961
Issued capital 1,234 865,354 865,354
Share premium 722,182 810,280 407,180 399,740
Hedging resource -18,178 16,761 -9,581 -35,715
Accumulate loss -964,951 -1,610,222 -34,839
Other resource -628,780 -35,715
Total Equity 7,236,942 10,054,237 10,760,569 11,577,787
Non Current Liabilities
Long-term finance 5,610,000 6,023,070 7,126,994 5,476,993
Finance lease 2,589
Taxation 306,090 1,625,520 1,538,538 1,185,717
Pension share 1,870
Deferred income 1,625,520 9,410 2,516
Total Non Current
Liability 5,922,549 7,692,980 8,674,987 6,665,226
Current Liabilities
Long-term finance 465,000 1,685,823 1,032,008 1,605,597
Obligation lease finance
2,590 2,584
Trade payable 2,334,506 2,358,793 3,405,175 3,222,697
Dividend 27,966 229,312 41,397
Accrued
interest long term 368,152 302,273 229,312 194,028
Accrued
interest short term 20,229 6,568 10,337 61,092
Short-term
finance 252,250 85,389 213,405 2,331,893
Total Current
Liability 3,479,693 4,441,432 4,904,754 7,456,701
Total Liability 16,639,184 22,188,685 24,340,310 25,699,714

COMMON SIZE STATEMENT OF INCOME STATEMENT

VERTICAL ANNALYSE IN PERCENT YEAR WISE


Discription 2011 2012 2013 2014

Net sale
Cost og good sold 78% 74% 79% 81%
Gross profit 117% 26% 21% 12%
Distribution and Marketi 12% 12% 12% 12%
Administrative expenses 2% 2% 3% 3%
Other operating expenses 1% 1% 0% 0%
Other income 1% 1% 1% 1%
Operating Profit 8% 12% 1% 5%
Other expenses 2% 2%
Finance cost 4% 2% 2% 3%
Profit Befor Taxation 5% 10% 1% 1%
Taxation 2% 3% 1% 1%
Profit For the year 3% 6% 1% 2%
Earning per share-Basic an 0.22% 3.43% 0.28% 1.16%

COMMON SIZE

ASSETS

ASSETS 2011 2012 2013 2014


Non Current Assets
Property, plant 58% 49% 56% 62%
Biological Assets 3% 3% 3% 4%
Intangible Assets 1% 0% 2% 0%
Long-term Deposit 0% 0% 0% 0%

Compensation Balance 4% 1% 0%

Current Assets

Store Tools 3% 3% 3% 3%

Stock in Trade 16% 16% 12% 15%


Trade Debt 1% 1% 1% 0%

Advance Payments 2% 1% 1% 0%

Other Receivables 7% 6% 9% 12%

Compensation Expense 0% 2% 1% 0%

Taxes 0% 2% 7%
Investments 8% 12% 1% 0%

Cash 2% 2% 2% 1%
Total Current Assets 38 43% 32% 39%

Total Assets 16639184 22188685% 25694714 24340310%

TREND LINE OF INCOME STATEMENT

140%
120%
100%
80%
60%
40%
20%
0%

TREND LINE OF BALANCE SHEET


ASSETS
60%
2011
Moving average (2011)
2012
50%
Moving average (2012)
60%
2011
Moving average (2011)
2012
50%
Moving average (2012)
2013
Moving average (2013)
40% 2014
Moving average (2014)

30%

20%

10%

0%

TREND LINE OF BALANCE SHEE


(LIABILITIES AND EQUITITY

50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
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ASSIGNMENT TOPIC
Financial Statements Analysis
Credit Assignment
By

MAZHAR ALI (40)


Credit Assignment for BBA-17 (introduction to business finance)
presented to (sir mohib)
SBBU School of Business
SHAHEED BENAZIR BHUTTO UNIVERSITY, SBA

change in # change in perc change in # change in % change in # change in %


2012-2011 In 2012 in 2013-2011 in 2013 in 2014-2011 in 2014

10,309,691 35% 8,031,460 27% 13,168,149 44%


6,617,855 28% 6,517,141 28% 11,695,686 50%
-24,605,514 -70% -26,824,887 -77% -26,783,031 -77%
992,786 27% 976,013 26% 1,346,790 36%
235,968 47% 536,532 106% 777,518 154%
220,861 106% -105,132 -50% -20,173 -10%
169,269 79% 91,721 43% 111,168 52%
0 #DIV/0! 0 #DIV/0! 0 #DIV/0!
2,411,491 100% -2,106,947 -87% -84,214 -3%
0 #DIV/0! 596,328 #DIV/0! 881,456 #DIV/0!
-146,638 -14% -264,237 -25% 187,763 18%
2,558,129 188% -868,305 -64% -854,880 -63%
853,929 181% -174,867 -37% -77,211 -16%
1,704,936 192% -679,277 -76% -1,406 0%
3 1459% 0 27% 1 427%

ORIZENTAL ANALYSIS ON BALANCE SHEET


change in # change in % change in # change in % chang in # change in
2014-2011 in 2014 2012-2011 in 2012 2013-2011in 2013
Liabilities
Share capital 98,887 1% 148,072 2%
5,406,093 56% Issued capital 1,234 #DIV/0! 865,354 #DIV/0!
361,871 73% Share premium 88,098 12% -315,002 -44%
-21,390 -16% Hedging resource 34,939 -192% 8,597 -47%
84,962 351% Accumulate loss -645,271 67% 930,112 -96%
112,581 #DIV/0! Other resource 0 #DIV/0! -628,780 #DIV/0!
0 #DIV/0! Total Equity 2,817,295 39% 3,523,627 49%
5,944,117 58% #VALUE! #VALUE! #VALUE! #VALUE!
0 #DIV/0! Long-term finance 413,070 7% 1,516,994 27%
216,329 38% Finance lease -2,589 -100% -2,589 -100%
1,059,971 40% Taxation 1,319,430 431% 1,232,448 403%
8,541 10% Pension share -1,870 -100% -1,870 -100%
-152,592 -57% Deferred income 1,625,520 #DIV/0! 9,410 #DIV/0!
Total Non Current
1,705,571 147% Liability 1,770,431 30% 2,752,438 46%
88,987 6167% #VALUE! #VALUE! #VALUE! #VALUE!
1,637,018 #DIV/0! Long-term finance 1,220,823 263% 567,008 122%

Obligation lease
finance
-1,294,000 -100% -6 0% -2,590 -100%
-153,622 -44% Trade payable 24,287 1% 1,070,669 46%
3,116,413 49% Dividend -27,966 -100% 201,346 720%
Accrued
7,701,126 46% interest long term -65,879 -18% -138,840 -38%
Accrued
interest short term -13,661 -68% -9,892 -49%
Short-term
finance -166,861 -66% -38,845 -15%
Total Current
Liability 961,739 28% 1,425,061 41%
Total Liability 5,549,501 33% 7,701,126 46%

VERTICAL ANNALYSE IN PERCENT YEAR WISE


2011 2012 2013 2014

78% 74% 79% 81%


117% 26% 21% 19%
12% 12% 12% 12%
2% 2% 3% 3%
1% 1% 0% 0%
1% 1% 1% 1%

8% 12% 1% 5%
2% 2%
4% 2% 2% 3%
5% 10% 1% 1%
2% 3% 1% 1%
3% 6% 1% 2%
0.22 3.43 0.28 1.16

VERTICAL ANNALYSE IN PERCENT YEAR WISE


2011 2012 2013 2014

58% 49% 56% 62%


3% 3% 3% 4%
1% 0% 2% 0%
0% 0% 0% 0%
4% 1% 0%

62% 57% 63% 67%

3% 3% 3% 3%
16% 16% 12% 15%
1% 1% 1% 0%
2% 1% 1% 0%
7% 6% 9% 12%
0% 2% 1% 0%
0% 2% 7%
8% 12% 1% 0%
2% 2% 2% 1%
38% 43% 32% 39%
16,639,184 22,188,685 25,694,714 24,340,310

VERTICAL ANALYSIS OF BALANCESHEET


VERTICAL ANNALYSE IN PERCENT YEAR WISE
2011 2012 2013 2014

45% 34% 31% 30%


0% 4% 3%
4% 4% 2% 2%
0% 0% 0% 0%
-6% -7% 0%
-3% 0%
43% 45% 44% 45%

34% 27% 29% 21%


0%
2% 7% 6% 5%
0%
7% 0% 0%

36% 35% 36% 26%

3% 8% 4% 6%

0% 0%
14% 11% 14% 13%
0% 1% 0%

2% 1% 1% 1%

0% 0% 0% 0%

2% 0% 1% 9%

21% 20% 20% 29%


16,639,184 22,188,685 24,340,310 25,699,714
COMMON SIZE STATEMENT OF BALANCE SHEET

LIABILITIES AND EQUITITY


2011 2012 2013 2014
Equitity
Share capital 45% 34% 31% 30%
Issued capital 0% 4% 3%
Share premium 4% 4% 2% 2%
Hedging resour 0% 0% 0% 0%
Accumulate
loss 6% 7% 0%
Other resource 3% 0%
Total Equity 43% 45% 44% 45%
Long-term
finance 34% 27% 29% 21%

Finance lease 0%
Taxation 2% 7% 6% 5%

Pension share 0%
Deferred
income 7% 0% 0%

Total Non
Current
Liability 36% 35% 36% 26%
Long-term
finance 3% 8% 4% 6%
Obligation
lease finance
0% 0%

Trade payable 14% 11% 14% 13%


Dividend 0% 1% 0%

Accrued
interest long
term 2% 1% 1% 1%

Accrued
interest short
term 0% 0% 0% 0%
Short-term
finance 2% 0% 1% 9%

Total Current
Liability 21% 20% 20% 29%

Total Liability 16,639,184 22,188,685 24,340,310 ###

TATEMENT

2011
Movin
2012
Movin
2013
Movin
2014
Movin

NCE SHEET

rage (2011)

rage (2012)
rage (2011)

rage (2012)

rage (2013)

rage (2014)

OF BALANCE SHEET
AND EQUITITY

2011 Moving average (2011)


2012 Moving average (2012)
2013 Moving average (2013)
2014 Moving average (2014)

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O
change in change in %
2014-2011in 2014
148,072 2%
865,354 #DIV/0!
-322,442 -45%
-17,537 96%
964,951 -100%
-35,715 #DIV/0!
4,340,845 60%
#VALUE! #VALUE!
-133,007 -2%
-2,589 -100%
879,627 287%
-1,870 -100%
2,516 #DIV/0!

742,677 13%
#VALUE! #VALUE!
1,140,597 245%

-2,590 -100%
888,191 38%
13,431 48%

-174,124 -47%

40,863 202%

2,079,643 824%

3,977,008 114%
9,060,530 54%
2011
Moving average (2011)
2012
Moving average (2012)
2013
Moving average (2013)
2014
Moving average (2014)

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