Preview

Financial Analysis

Powerful Essays
Open Document
Open Document
865 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Financial Analysis
HORIZONTAL ANALYSIS

PETRON CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(Amounts in Million Pesos) 2013 2012 2011
ASSETS
Current Assets
Cash and cash equivalents 211.55% 113.19% 100%
Financial assets at fair value Through profit or loss 330.38% 99.78% 100%
Available-for-sale financial assets 898.04% 100% -
Trade and other receivables-net 254.34% 216.99% 100%
Inventories 136.96% 131.30% 100%
Other current assets 158.14% 131.45% 100% 190.42% 150.37% 100%
Assets held for sale 0% 5,880% 100% Total Current Assets 190.40% 150.96% 100% Noncurrent Assets
Available-for-sale financial assets 44.11% 83.01% 100%
Property, Plant and equipment 280.79% 206.38% 100%
Investment in associates 35.33% 65.51% 100%
Investment property-net 14.36% 14.48% 100%
Deferred tax assets 1,080% 520%

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Additional paid in capital - Preferred stock $80,000 $- Common stock $400,000 $400,000 Accounts payable $ 102,000 $112,000 Retained earnings $86,000 $44,000 Accrued liabilities 40,000 28,000 $1,058,000 $884,000 Mortgage payable â�"â�"â�" 300,000 Preferred stock 350,000 Income statement Additional paid-in capital preferred 80,000 Sales $1,320,000…

    • 522 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Cash $305,563 $357,216 Accounts Receivable $6,062,838 $5,657,216 Current Portion of Notes Receivable $70,825 $117,888 Inventories $7,850,970 $7,854,112 Deferred Income Taxes – net $328,832 Prepaid Expenses and Other Items $264,896 $328,192 Total Current Assets $14,555,092 $14,643,456 Non-Operating Expenses Interest Expense $143,175 $230,221 Taxes $943,274 $1,025,406 Total Non-Operating Expenses $1,086,449…

    • 1563 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    Finance Analysis

    • 1073 Words
    • 5 Pages

    c. Net profit if 1 million CDs are sold $9 mil – (2.6*1mil + 525,000) = $5,875,000…

    • 1073 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Mating Habits of Elk

    • 6769 Words
    • 28 Pages

    Total Current Assets | 11,829,755.0 | 13,073,604.0 | 11,298,929.0 | 12,086,227.0 | 11,880,411.0 | | | | | | | Property/Plant/Equipment, Total - Net | 6,309,160.0 | 6,710,901.0 | 7,401,681.0 | 7,812,002.0 | 7,764,039.0 | Goodwill, Net | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | Intangibles, Net | 0.0 |…

    • 6769 Words
    • 28 Pages
    Satisfactory Essays
  • Good Essays

    Financial Data Analysis

    • 838 Words
    • 4 Pages

    References: Johnston, K., (2009). What is an income statement-revenue ans expenses explained. Retrieved April 16, 2013, from http://www.businessplanhut.com/what-income-statement-revenue-and-expenses-explained…

    • 838 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    In the first year, equity is not given. Therefore, we must calculate equity as a plug variable. Since total liabilities & equity is equal to total assets, equity can be calculated as:…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Financial Analysis

    • 348 Words
    • 2 Pages

    X-Ray machine – Capital Lease – Useful life is 15 years; Option of buying the equipment at a bargain price later…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Financial Analysis

    • 1233 Words
    • 5 Pages

    Fiscal policy refers to use of government revenue collection and expenditure to influence its economy. Fiscal policy targets a country’s budget of its economic activities. Government can adjust its spending and taxation levels through changing the income distribution, resource allocation or level of aggregate demand and economic activity. In the context of Brazil, in 1970s, the government put some stringent penalties to regulate its imports. The government kept the import tax and penalties high. To implement the policies, the government applied tax deduction on imports, for instance, a Brazilian resident who imported intangibles like knowhow, software and royalties would be subject to withholding tax from remittances, this was equivalent to 25% of an individual registered capital. If a Brazilian taxpayer bought software from abroad, worth £100, the seller would be receiving £15 while the £85 would be remitted to the government. Brazilian tax rule treated any payment of intangible imports as a profit distribution regardless of their justification. This meant that in any importing individual or company would pay more than its income a year (Poterba, 1999).…

    • 1233 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Financial Analysis

    • 787 Words
    • 4 Pages

    Horizontal Analysis - The financial statements of Competition Bikes indicates a reverse in sales between fiscal years 6 and 7 where revenues increased to 37.5% and then a decreased 16.3% between fiscal years 7 and 8. This apparent trend is an indication that the company is moving in the wrong direction as sales have decreased. Not only is sales decreasing because of the current economic situation, but customers who also sponsor professional riders are decreasing. Reduction of sponsors will decrease advertising resulting in reduced sales. The trend in sales will have ramifications through out the entire organization as is demonstrated in further review.…

    • 787 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Regina Inc

    • 998 Words
    • 4 Pages

    5.54% $4,089 5.37% Earnings per share $1.21 $0.78 $0.46 Common Size Balance Sheets Column7 Year 1988 1988 1987 1987 1986 1986 Current Assets Cash $885 0.75% $514.00 0.79% $63 0.15% Receivables $51,076 43.23% $27,801.00 42.61% $14,402 33.34% Inventories $39,135 33.13% $19,577.00 30.01% $9,762 22.60% Other Assets $3,015 2.55% $1,449.00 2.22% $708 1.64% Total Current Assets $94,111 79.66% $49,341.00 75.63% $24,935 57.72% PP&E $21,548 18.24% $14,788.00 22.67% $16,383 37.92% Other Assets $2,481 2.10% $1,112.00…

    • 998 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    We can see from the exhibit 4 that sales in 1996 was 52% higher than that in 1995. To support that growth, Dell needs to increase its operating assets.…

    • 1072 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    The following four companies are related to the companies that have been in review over the last four weeks. These four following companies show how well the company has been doing over the last two years or not so well. The company has pulled their balance sheets and income statement to see if all the company’s financial needs are being met. If the company’s needs are not being met, the company will show where the company needs to cut back and where the company needs to improve.…

    • 2310 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Maya Corporation reports the following items in its statement of cash flows prepared using the direct method. Indicate whether each item is disclosed in the operating, investing, or financing activities section of the statement.…

    • 456 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Directions: Answer the following problems IN DETAIL. Your analysis must be typed and should be free of grammatical errors and “slang” terms.” Wherever appropriate, make sure you supplement your discussion with graphical analysis and equations. The graphs may be hand drawn, but please make sure they are neat. There are no restrictions or requirements on working in groups. The one exception is that each person must hand in his/her OWN work. In economic terms, there are no input restrictions; however, the output MUST be yours.…

    • 1829 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Please provide references to the corporate Web sites where copies of the financial statements may be found. Each analysis should have appropriate appendices showing your calculations and your work. Please ensure that your solution can…

    • 301 Words
    • 2 Pages
    Satisfactory Essays