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XZZV11D

LG
Electronics

Table Of Content
Sr. No.

Index

Page No.

1.

Acknowledgement

2.

Executive Summary

3.

Industry Overview

4.

Company Overview

5.

Liquidity Ratios

6.

Turnover Ratios

7.

Solvency Ratios

13

8.

Profit Ratios

16

9.

ROI Ratios

19

8.

Conclusion

26

10.

Bibliography

27

11.

Annexure

28

Acknowledgement

Financial Accounting

LG Electronics

I take this opportunity to express my profound gratitude and deep regards to my guide Mrs.
Meghna Dangi for her exemplary guidance, monitoring and constant encouragement throughout
the project.
I am obliged to my batch mates for the valuable information provided by them in their respective
fields. I am grateful for their cooperation during the period of my assignment.

Executive Summary

Financial
Accounting
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LG
Electronics

LG Electronics brand recognition in the global consumer electronics market has increased
exponentially in the past two years. The company successfully achieved Global Top 3 status in
almost every business area in the first quarter of this year. Much of this success can be attributed to
LG Electronics commitment to drive Innovation and Globalization.
LG Electronics is re-inventing its global procurement organization from highly decentralized to
center-led, establishing streamline procurement leadership across five business units (companies)
and eight regions. LGEs procurement is currently comprised of 2,200 staff who are part of an
84,000-strong workforce in 115 operations globally, managing US$26 billion direct spend and
US$10 billion general spend, led by Tom Linton, Executive Vice President and Chief Procurement
Officer. The profitability of LG Electronics is heavily dependent on procurements performance
and efficiency since its spend represents 80 percent of revenues. LG Electronics procurement is repositioning the organization to a new level while maintaining its focus on high quality
manufacturing and becoming a global top brand.

Industry Overview

Financial Accounting

LG Electronics

The consumer electronics market is ever evolving with new products being made available on a
frequent basis. Also, the evolution of existing products serves to re-invent what is an already fully
functional product and gives the consumer the feeling that new technology is the new norm. For
example, televisions are entering a new era with the unveiling of the new curved television which
gives the viewer a more immersive experience. This may re-invigorate what may be considered a
stagnating segment within the consumer electronics market and lead to an increase in revenues.
Another interesting development within the market is the re-introduction of game consoles in
China. In 2000, the Chinese government placed a ban on the sale of foreign game consoles due to
their perception on the effect they have on the mental health of young people. The ban was finally
lifted in 2014, which means that retailers have the opportunity to enter a market, which was not
previously an option and will also have an overall positive effect on the consumer electronics
market as a whole.
Online retailing is also a major trend, which is becoming more prevalent within the industry.
Consumer electronics were traditionally purchased within electrical retailer showrooms so that the
consumer would have the opportunity to try the product before purchase. However, some retailers
have struggled to close the deal with sites such as Amazon being able to offer the same product at
a significantly lower price. In recent years, traditional retailers have struggled with this threat of
competition and have led to them placing higher importance on their own online arm.
The global consumer electronics market had total revenues of $253.9bn in 2013, representing a
compound annual growth rate (CAGR) of 0.8% between 2009 and 2013.The Eastern European
markets showed particularly strong growth with CAGRs of 8.5% in comparison to Western Europe
which showed strong decline with compound annual rates of change (CARCs) of -7.8% over the
same period. The United States had the largest consumer electronic retail market in the world with
revenues of $90.5bn in 2013.

Company Overview
LG is the brand that is Delightfully Smart. "Life's Good" slogan, and futuristic logo are a great

Financial
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LG
Electronics

representation of what LG stand for.


Global, Tomorrow, Energy, Humanity and Technology are the pillars that this corporation is
founded on; with the capital letters L and G positioned inside a circle to center our ideals above all
else, humanity. The symbol mark stands for our resolve to establish a lasting relationship with, and
to achieve the highest satisfaction for our customers.
The letters "L" and "G" in a circle symbolize the world, future, youth, humanity, and technology.
Our philosophy is based on Humanity. Also, it represents LG's efforts to keep close relationships
with our customers around the world. The symbol mark consists of two elements: the LG logo in
LG Grey and the stylized image of a human face in the unique LG Red color. Red, the main color,
represents our friendliness, and also gives a strong impression of LG's commitment to deliver the
best. Therefore, the shape or the color of this symbol mark must never be changed.
LG logo is the fundamental visual expression used to identify LG. It expresses the quality and
sophistication that is the hallmark of our products. It is simple, modern and distinctive. Consistent
and proper usage of the logo is absolutely essential. The logo is symbolic of our steadfast
reputation for excellence; therefore, any variation of the logo diminishes the visual identity of LG
Electronics and its products.
LG have two versions of our logo: Corporate Logo and 3D Logo.
The updated 3D Logo retains the heritage and equity of the Corporate Logo, while aligning with
our new positioning. It was redrawn to strengthen the visual impact of our symbol mark and help
communicate our attributes.

Ratio Analysis
Liquidity Ratios:

Financial Accounting

LG Electronics

It is the ratio that measures a companys ability to fulfill its short-term debt obligations or the
ability of a company to pay off its short-term liability, if and when they take a fall.
In case of Liquidity Ration, higher the ratio, higher is the margin of safety to pay off its current
liabilities and other short-term borrowings. Liquidity ration greater than 1, signposts its sound
financial health.
The liquidity ratios are an outcome of dividing cash and other liquid assets (current assets) by the
short-term borrowings (current liabilities). They show the number of times the short-term debt
obligations are covered by the cash and liquid assets. If the value is superior to 1, it means the
short-term obligations are abundantly covered.
The most common Liquidity Ratios are Current Ratio and Acid Test Ratio/Quick Ratio. Short-term
creditors, bankers, government agencies, Bankruptcy analysts and mortgage originators are readily
using the aforementioned ratios. Using these ratios they analyze and forecast the financial
wellbeing of a company and determine their stand accordingly.

Current Ratio:
It is the ratio that measures a companys ability to meet its debts over the period of next 12
months, by comparing the companys current assets and current liabilities.

Financial
Accounting
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LG
Electronics

Current Ratio = Current Assets / Current Liabilities

Current asset
Current

2013
25396.44
4913.45

2012
20916.28
3399.19

2011
12643.26
1760.69

2010
8820.90
1521.48

2009
7641.68
1444.55

liability
Current ratio

5.168

6.153

7.408

5.797

5.290

CURRENT RATIO
8
7
6
5

CURRENT RATIO

4
3
2
1
0
2013.0

2012.0

2011.0

2010.0

2009.0

Interpretation:

Financial Accounting

LG Electronics

The current ratio shows the companys ability to pay back its short term liabilities with is available
assets. Higher the ratio better is the safety level and payback condition of the company. The above
ratios show the gradual increase but after 2011 it decreases which is not a good sign and show that
the companys capability has decreased. It is a negative sign.
Quick Ratio:
It is the ratio that indicates the companys ability to cover all its current liabilities using its current
or short-term assets, without selling its inventory. Ideally, the Quick Ratio should be 1:1, however,
it differs from sector to sector. Quick ratio specifies whether the assets that can be quickly
converted into cash are sufficient to cover current liabilities.
Quick Ratio = Liquid Assets / Liquid Liabilities

Quick asset
Current

2013
23238.94
4913.45

2012
18835.57
3399.19

2011
10603.12
1760.69

2010
7057.41
1521.48

2009
6072.82
1444.55

liabilities
Quick ratio

4.729

5.541

6.022

4.638

4.203

QUICK RATIO
7
6
5
QUICK RATIO

4
3
2
1
0
2013.0

2012.0

Financial
Accounting
8

2011.0

2010.0

2009.0

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LG
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Interpretation:
Quick ratio is of more impact than current ratio, as inventory may not be immediately converted
into cash. The decreasing quick ratio is not good for the company. If the liquid ratio is very less
than the current ratio than it means that the current asset are highly dependent on the inventory.
Turnover Ratios:
Turnover ratios are also acknowledged as activity or efficiency ratios. It often refers to the
companys ability to translate different accounts within their balance sheets into cash or sales.
Companies will normally try to turn their manufacture into cash or sales as fast as possible because
this will, in general, lead to greater revenues. Such ratios are frequently used when performing
fundamental analysis of the company.
There are various types of Turnover Ratios, namely: o Inventory turnover ratio
o Debtors turnover ratio
o Average collection period
o Total assets turnover ratio
o Fixed assets turnover ratio

Financial Accounting

LG Electronics

o Capital employed turnover ratio

Fixed Asset Turnover Ratio:


Fixed assets turnover ratio is also called as the ratio of sales to fixed assets. It indicates how
efficiently the company is using the fixed assets. It measures the efficiency with which the
company has been using its fixed assets to generate sales.
Fixed Asset Turnover Ratio = Net Sales / Fixed Assets

2013

2012

2011

2010

2009

Net sales

18157.28

12650.72

14409.69

9163.04

9753.65

Fixed assets

12095.96

13028.42

14568.28

11533.81

7177.71

F.A.T ratio

1.50

0.97

0.98

0.79

1.36

Financial
Accounting
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LG
Electronics

FIXED ASSETS TURNOVER RATIO


1.6
1.4
1.2
1

FIXED ASSETS TURNOVER RATIO

0.8
0.6
0.4
0.2
0
2013.0

2012.0

2011.0

2010.0

2009.0

Interpretation:
The higher fixed asset turn over ratio indicates the ability of the firm to achieve maximum sales
with the least investment in shares.as shown above it was high in 2009 fluctuated over the years
but is maximum in 2013.
Working Capital Turnover Ratio:
It is a metric equating the reduction of working capital to generate of sales over a given period.
This provides some useful information as to how effectively a company is using its working
capital to generate sales. A company utilizes its working capital to fund operations and acquire

Financial Accounting

11

LG Electronics

inventory. These operations and inventory are then converted into sales revenue for the company.
The working capital turnover ratio is used to analyze the relationship between the money used to
fund operations and the sales generated from these operations.
Working Capital turnover Ratio = Net Sales / Working Capital

Net sales
Working capital
W.C.T ratio

2013
15157.28
20482.99
0.739

2012
12650.72
17517.09
0.722

2011
14409.69
10936.57
1.317

2010
9163.04
7299.42
1.255

WORKING CAPITAL TURNOVER RATIO


1.8
1.6
1.4
1.2

WORKING CAPITAL
TURNOVER RATIO

1
0.8
0.6
0.4
0.2
0
2013.0

2012.0

Financial
Accounting
12

2011.0

2010.0

2009.0

2009
9753.65
6197.13
1.573

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LG
Electronics

Interpretation:
The aforementioned graph shows an uneven working capital turnover ratio as recorded by the
company. In comparison to its immediate competitor, Mahindra & Mahindra, the company has a
fairly low value for its working capital turnover ratio.
Capital Employed Turnover Ratio:
The capital employed turnover ratio reveals the association between the shareholders' investment
in the business and the turnover that the management has been able to generate from it. A high
capital turnover ratio designates the ability of the organization to achieve supreme sales with least
amount of capital employed. Higher the capital turnover ratio better it is.
Capital Employed Turnover Ratio = Net Sales / Capital Employed

Net sales
Capital

2013
15157.28
32015.71

2012
12650.72
28609

2011
14409.69
21207.64

2010
9163.04
16384.59

2009
9753.65
14819.39

employed
C.E.T ratio

0.47

0.44

0.68

0.60

0.66

CAPITAL EMPLOYED TURNOVER RATIO


0.8
0.7
0.6
CAPITAL EMPLOYED
TURNOVER RATIO

0.5
0.4
0.3
0.2
0.1
0
2013.0

2012.0

Financial Accounting

2011.0

2010.0

2009.0

13

LG Electronics

Interpretation:
The aforementioned graph shows a steady performance of the company in terms of Capital
Employed Turnover Ratio, and after year 2011 there is a growth of capital employed ratio, which
is a better sign for the company.

Solvency Ratios
They measure the capacity of a company to compensate its long-term debt and the interest on it.
Solvency ratios help the business owner conclude the chances of the firm's long-term survival.
These ratios are of interest to long-term creditors and shareholders. These groups are concerned
with the long-term health and survival of business firms. Solvency ratios have to attest that
business can service their debt or pay the interest on their debt as well as pay the principal when
the debt matures.

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LG
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Debt-Equity Ratio:
It is the ratio of total liabilities of a business to its shareholders' equity. It is a leverage ratio and
measures the degree to which the assets of the business are financed by the debts and the
shareholders' equity of a business.
Debt-Equity Ratio = Total Debts / Shareholders Fund

Debt
Shareholders

2013
21897.72
10117.99

2012
18656.02
9952.98

2011
11773.76
9433.88

2010
9084.55
7300.04

2009
8005.59
6810.80

fund
D.E Ratio

2.16

1.87

1.25

1.24

1.18

Financial Accounting

15

LG Electronics

DEBT-EQUITY RATIO
2.5
2
DEBT-EQUITY RATIO

1.5
1
0.5
0
2013.0

2012.0

2011.0

2010.0

2009.0

Interpretation:
The lower the value of debt equity ratio, the better it is since it a figure highlighting the amount of
assets provided by the shareholders and creditors. Thus it indicates the soundness of long-term
financial policies of the company. And as the company debt equity ratio is 2.16 for 2013,
increasing over years, it is not good indication.
Proprietary Ratio:
Also known as Equity Ratio or the Net Worth to Total Assets Ratio, it is the ratio of shareholders'
funds to total assets. A high ratio indicates that the firm has adequate amount of equity to upkeep

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Electronics

the functions of the business.


Proprietary Ratio = Shareholders funds / Total Assets

Proprietors

2013
10117.99

2012
9952.98

2011
9433.88

2010
7300.04

2009
6810.80

fund
Total asset
Proprietary

32015.71
3.16

28609.00
2.87

21207.64
2.25

16384.59
2.24

14819.39
2.18

ratio

PROPRIETARY RATIO
3.5
3
2.5
PROPRIETARY RATIO

2
1.5
1
0.5
0
2013.0

2012.0

2011.0

2010.0

2009.0

Interpretation:
The Proprietary Ratio for LG is good and it indicates the company is performing good.

Financial Accounting

17

LG Electronics

Profitability Ratios
It is a measure of profitability, which measures a company's performance. Profitability is the
ability to make a profit, and a profit is what is left over from income earned after the company has
deducted all costs and expenses related to earning the income
Types of Profitability Ratios:
Common profitability ratios used in analyzing a company's performance include gross profit
margin (GPM), operating margin (OM), return on assets (ROA), return on equity (ROE), return on
sales (ROS), and return on investment (ROI).

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Gross Profit Margin:


It shows the proportion of profits spawned by the sale of products or services, before selling and
administrative expenses. In addition, it reveals the capability of a business to create sellable
products in a cost-effective way. The ratio is of great significance, especially when traced on a
trend line, to see if a business can continue to provide products to the marketplace for which
customers are willing to pay.
Gross Profit ratio = Gross Profit / Net Sales
2013
Gross profit
3006.39
Net sales
15157.28
Gross profit 19.83

2012
2483.90
12650.72
19.63

2011
2852.2
14409.69
19.79

2010
1873.97
9163.04
20.45

2009
2392.25
9753.65
24.52

ratio

GROSS PROFIT RATIO


30
25
20

GROSS PROFIT RATIO

15
10
5
0
2013.0 2012.0 2011.0 2010.0 2009.0

Financial Accounting

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LG Electronics

Interpretation:
A business's ultimate goal is to raise its profit margins. But in this case as we see the ratio
decreases over the time of period as 24.52% in 2009 and 19.83% in 2013, i.e decrease of 4.69%,
which is not a good indication.
Net Profit Ratio:
It is the ratio of after-tax profits to net sales. It discloses the remaining profit after all costs of
production, administration, and financing have been subtracted from sales, and income taxes
documented. As such, it is one of the finest measures of the overall performance of a firm,
particularly when shared with an evaluation of how well it is spending its working capital.
Net Profit Ratio = Net Profit / Net Sales

Net

2013
profit -71.63

after tax
Net sales
15157.28
Net
profit -0.47
ratio

Financial
Accounting
20

2012
545.56

2011
744.69

2010
400.66

2009
982.10

12650.72
4.31

14409.69
5.17

9163.04
4.37

9753.65
10.07

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LG
Electronics

NET PROFIT RATIO


12
10
8
NET PROFIT RATIO

6
4
2
0
2013.0
-2

2012.0

2011.0

2010.0

2009.0

Interpretation:
The net profit ratio is the ultimate goal of an organization, but here the goal seems to be
unachieved as company is making losses in 2013 due to various factors, which they need to solve
in order to make profit in coming years.

Overall Profitability / ROI Ratios


This ratio is also named as Return on Investments (ROI) or Return on Capital Employed
(ROCE). It shows the percentage of return on the total capital employed in the business. This ratio
processes the relationship between net profit before interest and tax and capital employed. The

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LG Electronics

objective of calculating this ratio is to find out how efficiently the long term funds supplied by the
creditors and the shareholders have been used.

Return On Assets:
It is the ratio of annual net income to total assets of a business during a financial year. It processes
efficiency of the business in using its assets to produce net income. It is an indicator of how
profitable a company is relative to its total assets. ROA gives an idea as to how efficient

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management is at using its assets to generate earnings.


Return on Assets = Net Income / Total Assets

Net
after tax
Assets
Return

2013
profit -71.63
32015.71
on -0.22

2012
545.56

2011
744.69

2010
400.66

2009
982.10

28609
1.91

21207.64
3.51

16384.59
2.45

14819.39
6.63

assets

RETURN ON ASSETS
8
7
6
5

RETURN ON ASSETS

4
3
2
1
0
2013.0
-1

2012.0

2011.0

2010.0

2009.0

Interpretation:

Financial Accounting

23

LG Electronics

The aforementioned graph shows that the Return on Assets has constantly gown down since 2009
to 2013. It was mainly because of the fact that the net income of the company fell substantially.

Return On Capital Employed:


Return on capital employed or ROCE is a profitability ratio that processes how efficiently a
company can spawn profits from its capital employed by equating net operating profit to capital
employed.
ROCE = EBIT / Capital Employed
Capital Employed (Equity Share Capital + Preference Share Capital + Reserves + Long Tem Debts
- Fictitious Assets)

N.P.B.I.T
Capital

2013
2600.30
32015.71

2012
1948.75
28609

2011
2178.65
21207.64

2010
1324.22
16384.59

2009
1803.97
14819.39

employed
ROCE

8.12

6.81

10.27

8.08

12.17

ROCE
14
12
10
ROCE

8
6
4
2
0
2013.0

2012.0

Financial
Accounting
24

2011.0

2010.0

2009.0

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LG
Electronics

Return On Equity:
This ratio determines the amount of net income reverted as a percentage of shareholders equity.
Return on equity processes a corporation's profitability by enlightening how much profit a
company creates with the money shareholders have invested.
ROE = (NPAT Preference Dividend) / Equity Shareholders Fund

N.P.A.T-

2013
-74.4

2012
542.18

2011
740.08

2010
396.98

2009
978.42

10117.99

9952.98

9433.88

7300.04

6810.80

-0.74

5.45

7.84

5.44

14.36

Preference
dividend
Equity
shareholders
fund
ROE

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25

LG Electronics

ROE
16
14
12
10

ROE

8
6
4
2
0
2013.0
-2

2012.0

2011.0

2010.0

2009.0

Interpretation:
The aforementioned graph depicts that the ROE of the company has come down substantially,
showing no signs of taking off again in the near future. The predominant reason behind this is the
dropping profits of the company, spearheaded by the prolonged economic depression and setback
of the Indian stock markets.
Earning Per Share:
EPS (Earning per Share) measures the profit earned per share by the shareholders. It is the portion
of a company's profit allotted to each outstanding share of common stock. Earnings per share
serves as a pointer of a company's profitability. Higher the value of EPS, higher is the
attractiveness of the stock to the investors.
EPS = (NPAT Preference Dividend) / Total No. of Equity Shares Outstanding

Financial
Accounting
26

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LG
Electronics

2013
-74.4

2012
672.42

2011
917.75

2010
477.10

2009
1055.75

dividend
No. of equity 49.6

37.35

46.51

27.30

24.66

shares o/s
EPS

18

19.73

17.47

42.80

N.P.ATpreference

-1.50

EPS
50
40
30

EPS

20
10
0
2013.0
-10

2012.0

2011.0

2010.0

2009.0

Interpretation:
From the aforementioned graph, it can be concluded that the EPS has come down from 42.8 to -1.3
since 2009 to 2013. There could be two possible reasons for decrease in the EPS of a company,
namely, drop in the profit levels or increase in the average number of equity shares outstanding.

Financial Accounting

27

LG Electronics

Dividend Payout Ratio:


It is the ratio that depicts the percentage of earnings paid back to the shareholders in the form of
dividend. The amount that is held back by the company is called retained earnings, which is used
for further development of the company.
DPR = Dividend per Share / EPS
2013

2012

2011

2010

2009

D.P.S

2.77

3.38

4.61

3.68

3.68

E.P.S

-1.50

18

19.73

17.47

42.80

18.77

23.36

21.06

8.59

Dividend

pay -184.66

out ratio

DIVIDEND PAYOUT RATIO


50
0
2013.0

2012.0

2011.0

-50
-100
-150
-200

Financial
Accounting
28

2010.0

2009.0

DIVIDEND PAYOUT
RATIO

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LG
Electronics

Interpretation:
From the graph we can see that DPS of the company is falling over years, like 8.59 in 2009 to
-184.66 in 2013, which is not the good indication for the company. The company needs to
overcome this as to gain the confidence of the shareholder so they could invest in the company.

Particulars

2013

2012

2011

2010

2009

Current ratio
Quick ratio

5.168
4.729

6.153
5.541

7.408
6.022

5.797
4.638

5.290
4.203

Fixed asset turnover ratio

1.50

0.97

0.98

0.79

1.36

Current asset turnover 0.71

0.60

1.139

1.038

1.276

0.722

1.317

1.255

1.573

turn 0.47

0.44

0.68

0.60

0.66

Debt equity ratio

2.16

1.87

1.25

1.24

1.18

Propriety ratio

3.16

2.87

2.25

2.24

2.18

Gross profit ratio


Net profit ratio
Operating net profit ratio

19.83
-0.47
19.83

19.63
4.31
19.63

19.79
5.17
19.79

20.45
4.37
20.45

24.52
10.07
24.52

Return on asset ratio

-0.22

1.91

3.51

2.45

6.63

6.81

10.27

8.08

12.17

ratio
Working capital turnover 0.739
ratio
Capital

employed

over ratio

Return

on

capital 8.12

employed
Return on equity

-0.74

5.45

7.84

5.44

14.36

Earning per share

-1.50

18

19.73

17.47

42.80

Financial Accounting

29

LG Electronics

Dividend payout ratio

-184.66

18.77

23.36

21.06

8.59

Conclusion
LG Electronics pursues its 21st century vision of becoming a true global digital leader who can
make its customers worldwide happy through its innovative digital products and services. LG
Electronics sets its ultimate vision to rank among the top 3 global companies in electronics,
information, and telecommunication firms in the world by 2010.
LG embraces the philosophy of Great Company, Great People, where as only great people can
create a great company, and pursue two growth strategies involving fast innovation and fast
growth. They seek to find their three core capabilities: product leadership, market leadership, and
people-centered leadership. LG Electronics has essentially built their company into a battleship,
conquering their business strategy and technological operations. They have built an exceptionally
strong foundation for future growth and promise.

Financial
Accounting
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References

http://www.lg.com/global/investor-relations/financial-info

http://www.moneycontrol.com/news-topic/lg-electronics-india/

http://www.lg.com/global/investor-relations/reports/financial-statements

http://www.lg.com/global/investor-relations/reports/annual-reports

Financial Accounting

31

LG Electronics

Annexures

Balance Sheet - LG Industries Ltd.


Rs (in Cores)
Particulars
Liabilities

2013

2012

2011

2010

2009

18 Months

12 Months

15 Months

12 Months

12 Months

334.09

333.94

347.96

370.42

275.31

9783.90

9619.04

9085.92

6929.62

6538.49

Net Worth

10118.00

9952.98

9433.88

7300.04

6813.80

Secured Loan

18575.73

9835.64

5937.60

6735.04

4401.25

3321.99

8820.38

5836.16

2349.51

3604.34

32015.71

28609.00

21207.64

16384.59

14819.39

11317.42

10246.63

9536.60

9004.95

8947.78

(-) Acc. Depreciation

5389.10

5142.52

4804.07

4298.83

4310.63

Net Block

5928.32

5104.11

4732.52

4706.12

4637.15

667.46

1244.09

1270.58

1314.15

1289.52

Investments

4936.94

4743.71

4267.96

3064.90

2695.59

Inventories

2157.90

2080.71

2040.14

1763.49

1568.86

Sundry Debtors

2832.70

2750.44

2647.33

1708.11

1582.89

Cash and Bank

485.83

504.55

1316.43

498.51

388.28

Loans and Advances

19920.02

15580.58

6639.36

4850.78

4101.65

Total Current Assets

25396.44

20916.28

12643.26

8820.90

7641.68

4671.37

3298.72

1588.71

1391.29

1292.58

242.07

100.47

117.98

130.19

151.97

Share Capital
Reserves & Surplus

Unsecured Loan
TOTAL LIABILITIES
Assets
Gross Block

Capital Work in Progress

Current Liabilities
Provisions

Financial
Accounting
32

XZZV3333D
LG
Electronics

Total Current Liabilities

4913.45

3399.19

1706.69

1521.48

1444.55

NET CURRENT ASSETS

20483.00

17517.09

10936.57

7299.42

6197.13

.00

.00

.00

.00

.00

32015.71

28609.00

21207.64

16384.59

14819.39

Misc. Expenses
TOTAL ASSETS (A+B+C+D+E)

Financial Accounting

33

LG Electronics

Jun'13

Dec'11

Dec'10

Sep'09
2010

Sep'08

2013

2012

2011

2009

18157.28

12919.47

14675.93

9381.27

10105.13

.00

269.25

266.24

218.23

351.47

18157.28

12650.22

14409.69

9163.04

9753.65

18575.54

12722.64

14449.10

9190.43

9825.58

1408.95

976.10

887.49

773.74

1285.85

Material Consumed

11520.02

7892.44

9112.32

5614.40

5291.05

Personal Expenses

397.99

225.35

228.01

126.42

115.82

.00

862.40

996.81

550.04

505.07

1823.93

210.04

332.87

224.47

163.62

Expenses Capitalised

.00

.00

.00

.00

.00

Provisions Made

.00

.00

.00

.00

.00

15150.89

10166.32

11557.49

7289.07

7361.40

Operating Profit

3006.39

2483.90

2852.20

1873.97

2392.25

EBITDA

3424.65

2556.31

2891.61

1901.37

2464.18

824.35

607.56

712.96

577.15

660.21

.00

.00

.00

.00

.00

EBIT

2600.30

1948.75

2178.65

1324.22

1803.97

Interest

2714.82

1045.14

950.54

665.75

431.86

EBT

-114.52

903.61

1228.11

658.46

1372.11

Taxes

-42.88

227.81

305.75

177.68

312.67

Profit and Loss for the Year

-71.63

675.80

922.36

480.78

1059.43

.00

-130.24

-177.67

-80.12

-205.14

INCOME:
Sales Turnover
Excise Duty
NET SALES
Other Income
TOTAL INCOME
EXPENDITURE:
Manufacturing Expenses

Selling Expenses
Administrative Expenses

TOTAL EXPENDITURE

Depreciation
Other Write-offs

Non Recurring Items

Financial
Accounting
34

XZZV3535D
LG
Electronics

Other Non Cash Adjustments

.00

-5.65

-5.78

73.68

.72

Other Adjustments

.00

5.65

5.78

-73.68

127.10

-71.63

545.56

744.69

400.66

982.10

2.77

3.38

4.61

3.68

3.68

16.03

12.81

30.20

46.25

22.94

5.02

4.22

10.00

20.16

10.00

Shares in Issue (Lakhs)

3187.72

3030.22

3019.64

2294.07

2294.51

EPS - Annualized (Rs)

-1.50

18.00

19.73

17.47

42.80

REPORTED PAT
KEY ITEMS
Preference Dividend
Equity Dividend
Equity Dividend (%)

Financial Accounting

35