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Gary's Furniture

2008

2009

1,000,000
700,000
300,000
160,000
140,000
50,000
27,000
63,000

1,100,000
759,000
341,000
175,000
166,000
60,000
31,800
74,200

Balance Sheet
Cash at Bank
Debtors
Inventory

0
200,000
300,000

0
300,000
400,000

Fixed Assets
Total Assets

300,000
800,000

400,000
1,100,000

Accounts Payable

120,000

160,000

Short term debt

150,000

235,800

Profit & Loss


Revenue
Cost of Goods Sold
Gross Profit
Overheads
EBIT
Interest
Tax
Net Profit

Long Term Debt

300,000

400,000

Total Liabilities

570,000

795,800

2008

2009

Profitability
GP Margin

30%

31%

EBIT %

14%

15%

Chapter 2
Working Capital Management
Days
Debtor Days
73
Inventory Days
156
229
Creditor Days
63
Working Capital Days
167

100
192
292
77
215

Chapter 1

Combining Chapter 1 & 2


Cents per $ of Rev
Gross Profit

30

31

20
30
50
12
38

27
36
64
15
49

18

Chapter 3
Non -Current Asset Management
Turnover
1,000,000
Fixed Assets
300,000
Activity
3.33

###
400,000
2.75

Debtors
Inventory
Less Creditors
Working capital

Every extra $ of Rev


decreases cash by
Share Capital
Retained Earnings
Check

10
229,990

10
304,190
0

Chapter 4 Cash Flow & Return


Cash Flow
(185,800)
ROCE %
EBIT
140,000 166,000
Total Operating Assets
680,000 940,000
ROCE %
21%
18%

0.20