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Summarized Balance Sheet

Summarized Balance Sheet


Equity and Liabilities
Capital and Reserves
Authorized Capital
-950000000@ ordinary share10
-50000000@ preference share10
Issued subscribed and paid up
capital
Share deposit money
Reserves
Un-appropriated profit
Total capital and Reserve
Non Current Liabilities
Long term finance
Liabilities against subject to
finance lease
Long term deposits
Retirement and other benefits
Deferred Taxation
Total Non-Current liabilities
Current Liabilities
Trade and other payables
Accrued markup
Short term borrowing
Current portion of non-current
liabilities
Derivative foreign currency
forward options
Provision for taxation
Total Current liabilities
Total Liabilities
Assets
Non-Current Assets
Property plant and equipment
Assets subject to finance lease
Capital work in progress
Investments
Long term loans, advances and
deposits
Total Non-Current Assets
Current Assets
Stores spares and loose tools
Stock in trade
Gross Receivables
Investments
Advances, deposits, prepayments
and other Receivables
Cash and bank balance
Total Current Assets
Total

2008

2007

2006

2005

9500000
500000
10000000
2535412

9500000
500000
10000000
2535412

2500000
500000
3000000
1843937

2500000
500000
3000000
1843937

27634722
32399
30528440

29630084
1757689
33923185

8351
15085354
2330558
19268200

7196568
277493
9317998

4389088
251661
6317055

8871051
393

8686447
1141

7372468
28886

4899225
131985

2730573
83487

73890
54018
1251000
10250352

79467
39862
1624000
10430917

33814
26572
1559000
9020740

28674
45765
537000
5642649

30365
38150
138000
3020575

1450074
391610
8194330
2828202

1027274
342612
3942972
2042281

1406869
340757
2613695
1619025

1154426
960620
599674

493968
1360677
487254

306048

2004

2500000
50000
300000
1676306
-

35090
12899306
53678098

35090
7390229
51744331

35090
6015436
34304376

35090
3055858
18016505

35090
2376989
11714619

24224273
6839
2488307
6592332
524176

22117551
133376
1907063
8174474
196913

7521723
295058
11759677
4482213
335810

6637237
317262
3983175
2610634
271428

6128083
166583
1126108
1387681
25021

33835927

32529377

24394481

13819736

8833476

2323883
1300325
463446
15082605
427832

1496291
295140
144245
16933790
229315

836049
226286
74165
8543763
152465

1035081
100994
76238
2769134
121486

938847
298538
52622
1386816
120329

244080
19842171
53678098

116173
19214954
51744331

77167
9909895
34304376

93836
4196769
18016505

83991
2881143
11714619

Overview of income statement


Overview of Income statement
Sales
Cost of sales
Gross profit
Administrative expenses
Selling and distribution expenses
Other operating expenses
Other operating income
Profit from operations
Finance cost
Share of loss of associated companies
Profit\ Loss before tax
Taxation

2008
12,445,996
-10,530,723
1,915,273
-111,658
-561,465
-581,913
847,344
1,507,581
-1,749,837
-8,674
-250,930
197,700

2007
6,419,625
4,387,640
2,031,985
-104,169
-65,122
(139,721
479,420
2,202,393
-467,759
-14,163
1,720,471
-98,000

Profit\ Loss for the year


Basic earnings per share Rupees
Earnings per share

-53,230
-0.21
0.12

1,622,471
6.43
6.43

2006
7,955,665
3,992,822
3,962,843
-121,953
-34,352
-191,850
294,114
3,908,802
-450,696
-9,573
3,448,533
1,030,078
2,418,455
10.37
9.14

2005
5,279,560
3,330,769
1,948,791
-76,480
-60,905
-93,786
707,692
2,425,312
-304,041

2004
3,882,756
2,497,262
1,385,494
-68,645
-38,560
-61,735
128,462
1,345,016
-224,601

2,121,271
-439,193

1,120,415
-325,922

1,682,078
9.12
7.82

794,493
4.31
3.78

Overview of Balance sheet


Overview of Balance sheet

2008

2007

2006

2005

2004

Capital and Reserve

30528440

33923185

19268200

9317998

6317055

Non-current Liabilities

10250352

10430917

9020740

5642649

3020575

Current Liabilities

12899306

7390229

6015436

3055858

2376989

Non-current Assets

33835927

32529377

24394481

13819736

8833476

Current Assets

19842171

19214954

9909895

4196769

2881143

Assets

Horizontal Analysis of Income Statements

Net sales
Cost of sale
Gross profit
administrative expense
selling &dist. expenses
other operating
expense
other Operating
income
profit from operation
finance cost
share of loss of
associated company
income before taxes
Provision for taxation
Net profit

2008

2007

2006

2005

2004

321.01 %
(421.58)
139.75
(61.33)
(145.98)
(964.90)

165.34 %
(175.7)
146.66
(151.75)
(168.88)
(226.32)

204.89 %
(159.89)
286.02
(177.66)
(89.09)
(310.76)

135.97
(133.38)
140.66
(111.41)
(157.95)
(151.29)

100 %
100
100
100
100
-100

659.03

373.20

228.95

550.89

100

112.53
(786.41)
-

163.74
(208.26)
-

290.61
(200.66)
-

180.32
(1345.25)
-

100
100
100

15.64
(61.66)
3.23

153.56
(30.06)
204.21

307.79
(316.05)
304.40

189.33
(134.75)
211.72

100
100
100

Horizontal analysis of income statement shows that net sales of the Co has increasing trend. But on
the other hand Cost of goods sold jump quickly. This is not a good trend. Cost of goods sold of the Co
increases due to expensive raw materials. Gross profit of the co decreases from last years due to
high cost of goods sold. Administrative and selling expense of the Co has decreasing trend. Other
operating expenses of the Company are increasing quickly. Company is also increasing trend in
other operating income. Profit from operations also decreases. Co also has high finance cost from
last years. Income before taxes has decreasing trend due to high cost of goods sold and finance cost.
Net profit of the Company is Very small as compare to last years.

Vertical Analysis of Income Statements

Net sales
Cost of sale
Gross profit
administrative expense
selling &dist. expenses
other operating expense
other Operating income
profit from operation
finance cost
Excess of acquires
interest in the net assets
of acquire
share of loss of associated
company
income before taxes
Provision for taxation
Net profit

2008

2007

2006

2005

2004

100%
(84.46%)
15.35
(0.88)
(4.52)
(4.78)
6.79
12.14
(14.17)
0.69

100%
(68.35%)
31.64
(1.62)
(1.01)
(2.17)
7.47
34.31
(7.28)

100%
(50.18%)
49.81
(1.53)
(0.43)
(2.41)
3.70
49.13
(5.66)

100%
(63.09%)
36.91
(1.45)
(1.15)
(1.78)
13.40
45.94
(5.76)

100 %
(64.32%)
35.68
(1.77)
(0.99)
(1.59)
3.37
34.64
(5.78)

(0.66)

(0.22)

(0.12)

1.41
(1.61)
20.20

26.80
(1.53)
25.27

43.34
(12.95)
30.40

40.18
(8.32)
31.86

28.86
(8.39)
20.46

In vertical analysis of income statement shows that has high cost of goods sold from last years.
Gross Profit of the Co has decreasing trend. This is decrease due to high cost of goods sold.
Operative expense of the co has minimum portion in the income statement. Profit from operations
also has decreasing trend. Share of loss of associated co also increases Income before taxes also
decreases from last years. Provision for income taxes also has decreasing trend.