Mehmood Raza 33700

General Tyre &

Statement of Fin
2009
ASSETS
Current Assets
Cash and bank balances 99,710
Other Receivables 25,456
Taxation-Net 158,706
Stocks 1,372,150
Deposits and prepayments 33,860
Loans and Advances 20,654
Trade debt 856,577
Stores and Spares 356,248
Total Current Assest 2,923,361
Non current assets
Property 1,877,157
Intangible Assets 21
Investment in an associated compnay 0
Long term loans and Advances 5,600
Long Term Deposits 7,234
total non current assets 1,890,012
Total Assets 4,813,373
Liabilities Current Liabilities
Current Maturity of long term finance 205,393
liabilities against assets subject to finance leases -
Short term finances 453,044
Running finances under mark up arrangments 1,180,716
Trade and other payables 1,020,721
Unclaimed dividend 0
unpaid dividend 0
Accrued mark-up 82,579
Provisions 53,804
Equity & Liabilities 2,996,257
Total current Liabilities 3,482,703
Non Current Liabilities
Long term finance 173,286
Staff Benefits 141,827
Deferred Taxation 162,693
Long term deposits from dealers 8,640
total non current liabilities 486,446
Share Capital & Reserves
Authorized capital 750,000
Issued subcribed paid up capital 597,713
reserves for capital expenditure 0
 Unappropriated profit 732,957
Total Equity 1,330,670

Total Equity & Liabilities 4,813,373

2009
ASSETS
Current Assets
Cash and bank balances 99,710
Other Receivables 25,456
Taxation-Net 158,706
Deposits and prepayments 33,860
Stocks 1,372,150
Loans and Advances 20,654
Trade debt 856,577
Stores and Spares 356,248
total current assest 2,923,361
Non current assets
property 1,877,157
Intangible Assets 21
Investment in an associated compnay 0
Long term loans and Advances 5,600
Long Term Deposits 7,234
1,890,012
Total Assets 4,813,373
Liabilities Current Liabilities
Current Maturity of long term finance 205,393
liabilities against assets subject to finance leases -
Short term finances 453,044
Running finances under mark up arrangments 1,180,716
Trade and other payables 1,020,721
Unclaimed dividend 0
unpaid dividend 0
Accrued mark-up 82,579
Provisions 53,804
Equity & Liabilities 2,996,257
Total Liabilities 3,482,703
Non Current Liabilities
Long term finance 173,286
Staff Benefits 141,827
Deferred Taxation 162,693
Long term deposits from dealers 8,640
 486,446
Share Capital & Reserves
Authorized capital 750,000
Issued subcribed paid up capital 597,713
reserves for capital expenditure 0
Unappropriated profit 732,957
Total Equity 1,330,670

Total Equity & Liabilities 4,813,373

Chapter 6: Liquidity of Short Term Assets; Related Debt Paying Ability

2009

Current Ratio C.A/C.L 0.9756709788

Cash Ratio Cash and cash equivilent /C.L 49.1232894909

Quick Ratio (CA-Inventory)/C.L 15.2175864754

Inventory Turnover Net Sales/ Ave Inv 15.0213924008

Inv Turnover in days 365/ Inv turnover 24.2986795272

A/R Turnover Net Sales/AVE Gross Recv 9.896109492

A/R Turnover in days 365/AR TO 36.8831812437

Chapter 7: Long term Debt Paying Ability

2009
Debt Ratio Toatal Liability/ Total Assets 0.1010613555

LTL to T.Asset LTL/ TA 0.10106

Time Insterest Earned EBIT/ I exp+ capitalized i 1.9837854069

Fixed Charged Coverage EBIT/I exp+ cap I +I portion of rental 7.834700763674E-06

Debt to Equity Ratio Total debt/ total equity 2.6172552173

Debt to CSE T Debt/ CS 5.8267144934

Debt to PS T Debt/PS 4.643604

Chapter 8: Profitability Ratios

2009

Gross profit Margin (Gross Profit)/Net Sale *100 10.1049811627

Operating Profit Margin (EBIT)/Net Sale *100 2.9629956304

Net Profit Margin (N.I)/Net Sale*100 0.0458030651

Total Assets Turnover Net Sale/ Average Total Asset 39.7340260896

Operating Asset TurnoveNet Sale/Average Operating Assets 0.8524095901

Current Asset Turnover Net Sale/ Current Asset 24.5107820415

Fixed Asset Turnover Net Sale/ Fixed Asset 2.8313793775

Return on Asset (Net Income )/ Ave Total Asset*100 0.0509222577

Return on FA N.I/ Ave F.A 0.12968585

Return on Operating AssN.I/Ave Operating Asset 0.000838445

Dupont Return on T.A Net Profit Margin * Total Assets Turnover 0.039042972

Dupont Return on Operat

Operating Profit Margin * Operating Asset Turnover 2.5256858909

Return on Investment(RO(N.I)/Ave(LTL+Equity) 0.0005092226

Return on Equity(ROE) N.I/ Ave Equity 0.001841988

Return on Common StocN.I / Ave C.S 0.0041007611

General Tyre & Rubber Co. of Pakistan Limited
Statement of Financial Position From 2009 to 2018
2010 2011 2012 2013 2014 2015

146,292 122,406 148,422 187,680 220,159 241,769

29,200 31,328 24,860 26,565 33,742 30,982
58,809 223,878 271,170 373,765 215,025 103,564
725,690 2,280,412 1,881,404 1,788,330 1,999,156 1,456,593
30,419 21,846 26,444 33,132 246,248 125,443
21,346 30,380 23,243 31,422 36,182 61,501
680,286 848,001 949,821 1,186,976 1,390,553 851,269
370,458 372,207 385,806 408,060 462,164 491,657
2,062,500 3,930,458 3,711,170 4,035,930 4,603,229 3,362,778

1,894,228 1,820,663 1,746,827 1,938,491 1,913,568 1,935,858

50 291 476 1342 2422 2,048
0 836 655 1848 2924 3,321
2,394 5,702 6,674 5,837 10,009 10,493
7,067 7,234 7,112 22,294 31,012 33,567
1,903,739 1,834,726 1,761,744 1,969,812 1,959,935 1,985,287
3,966,239 5,765,184 5,472,914 6,005,742 6,563,164 5,348,065

240,625 86,643 86,643 33,333 66,666 116,666

15176 0 0 0 0 0
328,425 709,899 720,145 904,241 714413 86,030
905,201 1,521,902 1,179,312 1,198,569 2,180,130 666,389
754,365 1,345,845 1,445,412 1,282,552 838,429 1,183,356
0 0 0 0 0 0
0 0 0 0 0 0
73,454 81,326 73,576 62,811 78,317 17,331
66,086 75,703 71,965 72,075 103,357 75,794
2,383,332 3,821,318 3,577,053 3,553,581 3,981,312 2,145,566
2,853,895 4,295,457 3,949,880 4,212,232 4,532,174 2,989,918

321,250 86,643 0 166,667 100,001 383,334

130,595 158,026 179,308 201,409 197,673 241,157
8,998 220,360 184,299 281,255 242,018 210,871
9,720 9,110 9,220 9,320 11,170 8,990
470,563 474,139 372,827 658,651 550,862 844,352

750,000 750000 750000 750000 750000 750,000

597,713 597,713 597,713 597,713 597,713 597,713
0 0 0 0 0 0
 514,631 872,014 925,321 1,195,797 1433277 1,760,434
1,112,344 1,469,727 1,523,034 1,793,510 2,030,990 2,358,147

3,966,239 5,765,184 5,472,914 6,005,742 6,563,164 5,348,065

2010 2011 2012 2013 2014 2015

146,292 122,406 148,422 187,680 220,159 241,769

29,200 31,328 24,860 26,565 33,742 30,982
58,809 223,878 271,170 373,765 215,025 103,564
30,419 21,846 26,444 33,132 246,248 125,443
725,690 2,280,412 1,881,404 1,788,330 1,999,156 1,456,593
21,346 30,380 23,243 31,422 36,182 61,501
680,286 848,001 949,821 1,186,976 1,390,553 851,269
370,458 372,207 385,806 408,060 462,164 491,657
2,062,500 3,930,458 3,711,170 4,035,930 4,603,229 3,362,778

1,894,228 1,820,663 1,746,827 1,938,491 1,913,568 1,935,858

50 291 476 1342 2422 2,048
0 836 655 1848 2924 3,321
2,394 5,702 6,674 5,837 10,009 10,493
7,067 7,234 7,112 22,294 31,012 33,567
1,903,739 1,834,726 1,761,744 1,969,812 1,959,935 1,985,287
3,966,239 5,765,184 5,472,914 6,005,742 6,563,164 5,348,065

240,625 86,643 86,643 33,333 66,666 116,666

15176 0 0 0 0 0
328,425 709,899 720,145 904,241 714413 86,030
905,201 1,521,902 1,179,312 1,198,569 2,180,130 666,389
754,365 1,345,845 1,445,412 1,282,552 838,429 1,183,356
0 0 0 0 0 0
0 0 0 0 0 0
73,454 81,326 73,576 62,811 78,317 17,331
66,086 75,703 71,965 72,075 103,357 75,794
2,383,332 3,821,318 3,577,053 3,553,581 3,981,312 2,145,566
2,853,895 4,295,457 3,949,880 4,212,232 4,532,174 2,989,918

321,250 86,643 0 166,667 100,001 383,334

130,595 158,026 179,308 201,409 197,673 241,157
8,998 220,360 184,299 281,255 242,018 210,871
9,720 9,110 9,220 9,320 11,170 8,990
 470,563 474,139 372,827 658,651 550,862 844,352

750,000 750000 750000 750000 750000 750,000

597,713 597,713 597,713 597,713 597,713 597,713
0 0 0 0 0 0
514,631 872,014 925,321 1,195,797 1433277 1,760,434
1,112,344 1,469,727 1,523,034 1,793,510 2,030,990 2,358,147

3,966,239 5,765,184 5,472,914 6,005,742 6,563,164 5,348,065

2010 2011 2012 2013 2014 2015

0.8653850995 1.0285608264 1.0374937134 1.1357360364 1.1562090587 1.5673151047

0.3658667781 0.6287929976 0.567457625 0.5560616178 0.5574330773 0.7915682855

21.6818303115 12.9435184405 14.9348639788 16.7644975589 17.1381444107 34.1833343742

17.1552321721 20.090151448 20.2341850567 20.0144243494 18.6224998053 19.3054344797

21.2763077957 18.1681059471 18.0387793715 18.2368472672 19.5999465065 18.9065933939

6.5834967478 7.4919071479 7.8190038632 6.1462810011 5.3957982904 4.8964935549

55.441661777 48.7192370109 46.6811382097 59.3855048178 67.6452269635 74.5431390658

2010 2011 2012 2013 2014 2015

0.1186421191 0.082241781 0.0681222106 0.1096702123 0.0839323838 0.1578799061

0.11864 0.08224 0.06812 0.10967 0.08393 0.15788

7.6088914156 7.0085499484 5.4064774475 6.2889819518 5.7002182606 6.7665413177

2.582866216E-05 2.33085343129E-05 1.557685588E-05 0.000014133 1.0434207993E-05 0.000012723

 2.5656586452 2.9226223646 2.5934286431 2.3485968854 2.2315097563 1.267909931

4.7746911979 7.1864874948 6.6083220542 7.0472484286 7.5825253926 5.0022636282

3.8051933333 5.727276 5.2665066667 5.6163093333 6.0428986667 3.9865573333

2010 2011 2012 2013 2014 2015

15.1894963773 13.3477361674 12.7893529342 16.2700013199 18.5329388941 20.4227778262

10.529837098 9.5370966588 8.0595710994 10.6280134677 12.4716483733 14.2750598105

3.4353412187 3.4471050237 2.5993310677 4.8292377477 5.9566156352 7.7168653044

92.3579119369 92.9175801565 89.0290843266 90.4778122627 91.0678665553 91.6642317604

32.5497282131 36.9598102713 31.1549132291 44.626436554 48.8827801107 52.0720163512

24.6554716718 36.8511847267 19.7928794548 15.9306486692 11.7503652087 9.2229326348

3.3383215872 4.0756467178 4.4311034974 4.1461246048 4.3912930786 4.7809974074

5.504610287 4.4710455035 3.7076409386 6.5671818736 7.8112477458 13.6957572505

11.46827375 14.04918228 11.51790499 20.02262145 26.15724501 36.89431301

0.105855030 0.065581161 0.054677096 0.097724192 0.111370736 0.217813367

111.8194229888 127.4043476603 80.9819338677 215.5116719525 291.1759322989 401.8327363094

342.7433356674 352.4892830485 251.0952382644 474.2903687123 609.6488450474 743.3311478642

0.0550461029 0.044710455 0.0370764094 0.0656718187 0.0781124775 0.1369575725

0.1962756126 0.1753822308 0.1332314315 0.2199084477 0.252421233 0.3106074388

0.3652689501 0.4312504496 0.3394873459 0.65986184 0.857710975 1.2254342803

 Horizontal Anylsis
2016 2017 2018 2009 2010 2011 2012

116,851 99,572 91,120 100 146.71748069 122.762 148.8537

68,901 264,397 279,671 100 114.70773099 123.0673 97.65871
112,849 641,080 673,902 100 37.055309818 141.0646 170.8631
1,570,594 2,074,728 3,324,857 100 52.887075028 166.1926 137.1136
66,130 66,317 102,605 100 89.83756645 64.51861 78.09805
101,474 310,247 254,497 100 103.35044059 147.0902 112.5351
1,024,670 879,333 1,027,027 100 79.419129862 98.99881 110.8857
496,552 489,293 596,494 100 103.98879432 104.4797 108.297
3,558,021 4,824,967 6,350,173 100 70.552353951 134.45 126.9487
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
3,168,699 3,669,151 4,247,309 100 100.90940715 96.99045 93.05705
36,215 62,480 46584 100 238.0952381 1385.714 2266.667
6,019 10114 15363 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
10,888 7,325 6,696 100 42.75 101.8214 119.1786
32,667 28,849 19,970 100 97.691457009 100 98.31352
3,254,488 3,777,919 4,335,922 100 100.72629168 97.07483 93.21338
6,812,509 8,602,886 10,686,095 100 82.400408196 119.7743 113.7023
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
224,057 438,717 471,298 100 117.15345703 42.18401 42.18401
0 0 0 #VALUE! #VALUE! #VALUE! #VALUE!
143,889 157,736 946,187 100 72.492958741 156.6954 158.957
621,020 1,082,880 1,742,566 100 76.665430129 128.8965 99.88109
1,293,036 1,348,074 1,928,381 100 73.905112171 131.8524 141.607
0 8,147 14,034 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
0 8,933 8,708 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
32,929 57,460 58,848 100 88.949975175 98.48267 89.09771
109,282 37,100 44,700 100 122.82729909 140.7014 133.754
2,424,213 3,139,047 5,214,722 100 79.543643953 127.5364 119.3841
3,862,987 4,806,500 7,114,899 100 81.944828485 123.3369 113.4142
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
920,276 1,018,583 1,247,285 100 185.38716342 50 0
277,287 308,417 373,221 100 92.080492431 111.4217 126.4273
232,281 330,982 270,320 100 5.5306620445 135.4453 113.2802
8,930 9,471 9,351 100 112.5 105.4398 106.713
1,438,774 1,667,453 1,900,177 100 96.734889381 97.47002 76.64304
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
750,000 750,000 750000 100 100 100 100
597,713 597,713 597,713 100 100 100 100
0 1,000,000 1000000 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
 2,351,809 2,198,673 1,973,483 100 70.212986574 118.9721 126.2449
2,949,522 3,796,386 3,571,196 100 83.592776571 110.4501 114.4562
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
6,812,509 8,602,886 10,686,095 100 82.400408196 119.7743 113.7023

Vertical anyli
2016 2017 2018 2009 2010 2011 2012

116,851 99,572 91,120 2.07152 3.6884312821 2.123193 2.711937

68,901 264,397 279,671 0.52886 0.7362138288 0.5434 0.454237
112,849 641,080 673,902 3.297189 1.4827396937 3.883276 4.954765
66,130 66,317 102,605 0.703457 0.7669482348 0.37893 0.48318
1,570,594 2,074,728 3,324,857 28.50704 18.296678541 39.55489 34.37664
101,474 310,247 254,497 0.429096 0.5381924791 0.526956 0.424691
1,024,670 879,333 1,027,027 17.79577 17.151916463 14.709 17.35494
496,552 489,293 596,494 7.401213 9.3402843349 6.456117 7.049371
3,558,021 4,824,967 6,350,173 60.73415 52.001404857 68.17576 67.80976
0 0 0 0
3,168,699 3,669,151 4,247,309 38.99879 47.758796179 31.58031 31.91768
36,215 62,480 46584 0.000436 0.0012606401 0.005048 0.008697
6,019 10114 15363 0 0 0.014501 0.011968
10,888 7,325 6,696 0.116343 0.0603594488 0.098904 0.121946
32,667 28,849 19,970 0.15029 0.1781788742 0.125477 0.129949
3,254,488 3,777,919 4,335,922 39.26585 47.998595143 31.82424 32.19024
6,812,509 8,602,886 10,686,095 100 100 100 100
0 0 0 0
224,057 438,717 471,298 4.267132 6.0668305667 1.502866 1.583124
0 0 0 #VALUE! 0.3826294885 0 0
143,889 157,736 946,187 9.412194 8.2805146135 12.31355 13.15835
621,020 1,082,880 1,742,566 24.52991 22.822653905 26.39815 21.54816
1,293,036 1,348,074 1,928,381 21.20594 19.019655649 23.34435 26.41028
0 8,147 14,034 0 0 0 0
0 8,933 8,708 0 0 0 0
32,929 57,460 58,848 1.715616 1.8519811842 1.41064 1.344366
109,282 37,100 44,700 1.117802 1.6662132564 1.313106 1.31493
2,424,213 3,139,047 5,214,722 62.24859 60.090478663 66.28267 65.3592
3,862,987 4,806,500 7,114,899 72.35473 71.954690577 74.50685 72.17142
0 0 0 0
920,276 1,018,583 1,247,285 3.600095 8.0996127566 1.502866 0
277,287 308,417 373,221 2.94652 3.2926659236 2.74104 3.27628
232,281 330,982 270,320 3.380021 0.2268647956 3.822254 3.367475
8,930 9,471 9,351 0.1795 0.2450684389 0.158018 0.168466
 1,438,774 1,667,453 1,900,177 10.10614 11.864211915 8.224178 6.812221
0 0 0 0
750,000 750,000 750000 15.58159 18.909601766 13.00913 13.70385
597,713 597,713 597,713 12.41776 15.070019734 10.36763 10.92129
0 1,000,000 1000000 0 0 0 0
2,351,809 2,198,673 1,973,483 15.22751 12.975289689 15.12552 16.90728
2,949,522 3,796,386 3,571,196 27.64527 28.045309423 25.49315 27.82858
0 0 0 0
0 0 0 0
6,812,509 8,602,886 10,686,095 100 100 100 100

2016 2017 2018

1.4677014767 1.537080203 1.2177395075

0.6960795112 0.6926624546 0.6550640667

25.3031808674 18.7593559447 13.1860145181

19.0897327974 19.7128652975 19.7578802134

19.1202257189 18.5158268213 18.4736417094

4.0822479259 4.6911848962 5.6506598813

89.4115219413 77.8055028907 64.5942257479

2016 2017 2018

0.2111959045 0.1938248397 0.1778177155

0.21120 0.19382 0.17782

CR
7.7291854624 5.2224497565 3.6913893111

1.2672187703E-05 7.4441484E-06 4.500371612E-06 1.5673151

1

1.1562090587
1.1357360364
1.0374937134
1.0285608264
0.9756709788
0.8653850995
 CR

1.5673151
1

1.3096993343 1.2660725227 1.9923014587

1.1562090587
1.1357360364
1.0374937134
1.0285608264
0.9756709788
6.4629462635 8.0414847929 11.9035373164 0.8653850995

5.1506493333 6.4086666667 9.486532

2009 2010 2011 2012 2013 2014 2015

2016 2017 2018

Gross Profit Margin
24.4963073812 21.3165761344 17.6970481501 30

17.172099088 13.5109840818 10.0977586189 25

20
10.8569586915 9.0851390103 6.0141155324
15
91.2674210304 91.5097035019 88.1850301516
10
60.1101698925 64.6945650497 56.011559643
5

10.8171848521 13.6081962102 #DIV/0!

0
2009 2010 2011 2012 2013 2014 20
2.9126071443 2.5530899418 2.7180970968

15.1065635289 10.1860584925 6.6328345387

Return on Asset
31.62205545 23.19517703 16.34694997 16

14
0.289243936 0.181616786 0.111617589
12

652.6136314624 587.75911668 336.8599908425 10

8
1032.2177935924 874.08723856 565.5912091462
6

0.1510656353 0.1018605849 0.0663283454 4

2
0.3489161973 0.2308234726 0.1984744047 0
2009 2010 2011 2012 2013 2014 2
1.7217895545 1.4660798745 1.1858383539

net profit margin

12

10

8
 net profit margin
12

10

0
1 2 3 4 5 6 7
Horizontal Anylsis
2013 2014 2015 2016 2017 2018 Total Current
250
200
188.2259 220.7993 242.4722 117.1909 99.8616 91.38502
150
104.3565 132.5503 121.708 270.667 1038.643 1098.645
100
235.5078 135.4864 65.25525 71.10569 403.9419 424.6229
50
130.3305 145.6951 106.1541 114.4623 151.2027 242.31
0
97.84997 727.2534 370.4755 195.3042 195.8565 303.0272
1 2 3 4 5 6 7 8
152.1352 175.1816 297.768 491.3043 1502.116 1232.192
138.572 162.3384 99.38032 119.6238 102.6566 119.899
114.5438 129.731 138.0098 139.3838 137.3462 167.4379
138.0579 157.4636 115.0312 121.7099 165.0486 217.2217 Total Asse
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 250
103.2674 101.9397 103.1271 168.8031 195.4632 226.2629 200
6390.476 11533.33 9752.381 172452.4 297523.8 221828.6 150
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 100
104.2321 178.7321 187.375 194.4286 130.8036 119.5714
50
308.1836 428.6978 464.0171 451.5759 398.7973 276.0575
0
104.2222 103.6996 105.041 172.194 199.8886 229.4124 1 2 3 4 5 6 7
124.772 136.3527 111.1085 141.533 178.7288 222.0085
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
16.22889 32.45778 56.80135 109.087 213.5988 229.4616 Non Current Lia
#VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
500
199.5923 157.6917 18.98933 31.76049 34.81693 208.851
400
101.512 184.6447 56.4394 52.5969 91.71384 147.5855
300
125.6516 82.14086 115.9333 126.6787 132.0708 188.9234
200
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 100
76.06171 94.83888 20.98718 39.87576 69.58185 71.26267 0
1 2 3 4 5 6 7 8 9
133.9584 192.0991 140.8706 203.1113 68.95398 83.07932
118.6007 132.8762 71.60821 80.90805 104.7656 174.0412
120.9472 130.1338 85.8505 110.9192 138.0106 204.2924
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! Total Equ
96.1803 57.70864 221.2146 531.0735 587.8046 719.7841 300
142.0103 139.3761 170.036 195.5107 217.46 263.1523 250
172.8747 148.7575 129.6128 142.7726 203.4396 166.1534 200
107.8704 129.2824 104.0509 103.3565 109.6181 108.2292 150
135.4006 113.2422 173.5757 295.7726 342.7828 390.6244 100
50
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
0
100 100 100 100 100 100 1 2 3 4 5 6 7
100 100 100 100 100 100
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Total current L
250
 163.147 195.5472 240.1824 320.8659 299.973 269.2495
134.7825 152.6291 177.215 221.6569 285.2988 268.3758 Total current L
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 250
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 200
124.772 136.3527 111.1085 141.533 178.7288 222.0085 150
100
50
Vertical anylisis
0
2013 2014 2015 2016 2017 2018 1 2 3 4 5 6 7 8

3.125009 3.354464 4.520682 1.715242 1.157426 0.852697

0.442327 0.514112 0.579312 1.011389 3.073352 2.617149
6.223461 3.27624 1.936476 1.656497 7.451918 6.306345
0.551672 3.751971 2.345577 0.970714 0.770869 0.960173
29.777 30.46025 27.23589 23.05456 24.11665 31.11386
0.523199 0.551289 1.149967 1.489525 3.606313 2.381572
19.76402 21.18724 15.91733 15.04101 10.22137 9.610873
6.794498 7.041787 9.193175 7.288827 5.687545 5.581964
67.20119 70.13735 62.87841 52.22776 56.08545 59.42464
0 0 0 0 0 0
32.27729 29.15618 36.19735 46.51295 42.65023 39.74613
0.022345 0.036903 0.038294 0.531596 0.726268 0.435931
0.030771 0.044552 0.062097 0.088352 0.117565 0.143766
0.09719 0.152503 0.196202 0.159824 0.085146 0.062661
0.371211 0.472516 0.627648 0.479515 0.335341 0.186878
32.79881 29.86265 37.12159 47.77224 43.91455 40.57536
100 100 100 100 100 100
0 0 0 0 0 0
0.555019 1.01576 2.181462 3.288906 5.099649 4.410386
0 0 0 0 0 0
15.05627 10.88519 1.608619 2.112129 1.833524 8.854376
19.95705 33.21767 12.46038 9.115878 12.5874 16.30685
21.35543 12.77477 22.12681 18.98032 15.67002 18.0457
0 0 0 0 0.094701 0.13133
0 0 0 0 0.103837 0.081489
1.045849 1.193281 0.324061 0.483361 0.667915 0.550697
1.200102 1.574804 1.417223 1.604137 0.431251 0.418301
59.16972 60.66147 40.11855 35.58473 36.4883 48.79914
70.13675 69.05471 55.90654 56.70432 55.87079 66.58091
0 0 0 0 0 0
2.775128 1.523671 7.167714 13.50862 11.84002 11.67204
3.353607 3.011855 4.509238 4.070263 3.585041 3.492585
4.683102 3.68752 3.94294 3.409625 3.847337 2.529642
0.155185 0.170192 0.168098 0.131082 0.110091 0.087506
 10.96702 8.393238 15.78799 21.11959 19.38248 17.78177
0 0 0 0 0 0
12.48805 11.42742 14.02376 11.00916 8.718005 7.018467
9.952359 9.107086 11.17625 8.773757 6.94782 5.593372
0 0 0 0 11.62401 9.357955
19.9109 21.8382 32.91721 34.52192 25.55739 18.46777
29.86325 30.94529 44.09346 43.29568 44.12921 33.41909
0 0 0 0 0 0
0 0 0 0 0 0
100 100 100 100 100 100

CR

1.5673151047 1.537080203
1.4677014767

1.2177395075
1.1562090587
1.1357360364
37134
 CR

1.5673151047 1.537080203
1.4677014767

1.2177395075
1.1562090587
1.1357360364
37134

12 2013 2014 2015 2016 2017 2018

Gross Profit Margin

2012 2013 2014 2015 2016 2017 2018

Return on Asset

2012 2013 2014 2015 2016 2017 2018

net profit margin

net profit margin

4 5 6 7 8 9 10
 Total Current Assest
250
200
Total Current Assest Net sales
150
Cost of sal
100
Gross profi
50
Administra
0
Distributio
1 2 3 4 5 6 7 8 9 10

Operating p
Other oper
Total Assets Profit from
250 Other oper
200
150 Total Assets Finance ch
100 Profit / (l
Share of (l
50
0
1 2 3 4 5 6 7 8 9 10 Taxation
Profit / (lo
loss on the
Non Current Liabilities defferd tax
Total other
500
total comp
400
Non Current Liabilities Earnings /
300
200
100
0
1 2 3 4 5 6 7 8 9 10

Total Equity
300
250
200 Total Equity
150
100
50
0
1 2 3 4 5 6 7 8 9 10

Total current Liabilities

250
 Total current Liabilities
250
200
150 Total current Liabilities
100
50
0
1 2 3 4 5 6 7 8 9 10
2009 2010 2011 2012 2013
5,351,341 6,355,293 7,477,695 7,806,470 8,167,086
4,810,589 5,389,956 6,479,592 6,808,073 6,838,301
540,752 965,337 998,103 998,397 1,328,785
79,928 87,950 101,755 116,373 138,019
173,277 206,641 198,931 230,711 306,967
253,205 294,591 300,686 347,084 444,986
287,547 670,746 697,417 651,313 883,799
173,293 51,259 49,394 71,455 84,157
114,254 619,487 648,023 579,858 799,642
44,306 49,715 65,132 49,310 68,357
158560 669202 713155 629168 867999
300,830 259,916 318,633 381,671 289217
-142,270 409,286 394,522 247,497 578,782
0 0 836 -181 1,193
-142,270 409,286 393,686 247,678 577,589
-32,446 190,960 136,758 44,581 184,374
2,451 218,326 257,764 202,916 394,408
0 0 0 0 10,713
0 0 0 0 3,642
0 0 0 0 7,071
2,451 218,326 257,764 202,916 387,337
-1.84 3.65 4.33 3.39 6.62
2014 2015 2016 2017 2018
8,606,649 9,491,652 9,479,045 9,645,367 11,785,457
7,011,584 7,553,193 7,157,029 7,589,305 9,699,779
1,595,065 1,938,459 2,322,016 2,056,062 2,085,678
188,307 200,241 210,598 249,535 322,390
357,994 331,593 399,335 452,016 497,851
546,301 531,834 609,933 701,551 820,241
1,048,764 1,406,625 1,712,083 1,354,511 1,265,437
93,677 117,253 149,509 115,002 149,511
955,087 1,289,372 1,562,574 1,239,509 1,115,926
118,304 65,567 65,177 63,675 74,141
1073391 1354939 1627751 1303184 1190067
326251 258,301 136,159 124,064 256,782
747,140 1,096,638 1,491,592 1,179,120 933,285
1,076 397 3,151 5,102 6,760
746,064 1,096,241 1,488,441 1,174,018 926,525
234,475 364,180 462,456 302,825 224,494
512,665 732,458 1,029,136 876,295 708,791
10,880 25,272 32,628 49,333 63,103
3,590 8,087 10,115 14,800 18,931
7,290 17,185 22,513 34,533 44,172
505,375 715,273 1,006,623 841,762 664,619
8.6 12.26 17.27 11.97 14.75
 General Tyre & Rubber Co. of Pakistan L
Income Statement of Financial Position From 2009

2009 2010 2011

Net sales 5,351,341 6,355,293 7,477,695
Cost of sales 4,810,589 5,389,956 6,479,592
Gross profit 540,752 965,337 998,103
Administrative expenses 79,928 87,950 101,755
Distribution cost 173,277 206,641 198,931
253,205 294,591 300,686
Operating profit 287,547 670,746 697,417
Other operating expenses 173,293 51,259 49,394
Profit from operations 114,254 619,487 648,023
Other operating income 44,306 49,715 65,132
158560 669202 713155
Finance charges 300,830 259,916 318,633
Profit / (loss) before taxation -142,270 409,286 394,522
Share of (loss) / profit from an Associated Company 0 0 836
-142,270 409,286 393,686
Taxation -32,446 190,960 136,758
Profit / (loss) after taxation -109,824 218,326 257,764
loss on the remeasurment of staff retirmenet benefit obligation 0 0 0
defferd tax impact 0 0 0
Total other comprehensive loss for the year - net of tax 0 0 0
total comprensive income -109,824 218,326 257,764
Earnings / (loss) per share -1.84 3.65 4.33

2009 2010 2011

Net sales 5,351,341 6,355,293 7,477,695
Cost of sales 4,810,589 5,389,956 6,479,592
Gross profit 540,752 965,337 998,103
Administrative expenses 79,928 87,950 101,755
Distribution cost 173,277 206,641 198,931
253,205 294,591 300,686
Operating profit 287,547 670,746 697,417
Other operating expenses 173,293 51,259 49,394
Profit from operations 114,254 619,487 648,023
Other operating income 44,306 49,715 65,132
158560 669202 713155
Finance charges 300,830 259,916 318,633
Profit / (loss) before taxation -142,270 409,286 394,522
Share of (loss) / profit from an Associated Company 0 0 836
-142,270 409,286 393,686
Taxation -32,446 190,960 136,758
Profit / (loss) after taxation -109,824 218,326 257,764
loss on the remeasurment of staff retirmenet benefit obligation 0 0 0
defferd tax impact 0 0 0
Total other comprehensive loss for the year - net of tax 0 0 0
total comprensive income -109,824 218,326 257,764
Earnings / (loss) per share -1.84 3.65 4.33
 ber Co. of Pakistan Limited
nancial Position From 2009 to 2018

2012 2013 2014 2015 2016 2017 2018 2009

7,806,470 8,167,086 8,606,649 9,491,652 9,479,045 9,645,367 11,785,457 100
6,808,073 6,838,301 7,011,584 7,553,193 7,157,029 7,589,305 9,699,779 100
998,397 1,328,785 1,595,065 1,938,459 2,322,016 2,056,062 2,085,678 100
116,373 138,019 188,307 200,241 210,598 249,535 322,390 100
230,711 306,967 357,994 331,593 399,335 452,016 497,851 100
347,084 444,986 546,301 531,834 609,933 701,551 820,241 100
651,313 883,799 1,048,764 1,406,625 1,712,083 1,354,511 1,265,437 100
71,455 84,157 93,677 117,253 149,509 115,002 149,511 100
579,858 799,642 955,087 1,289,372 1,562,574 1,239,509 1,115,926 100
49,310 68,357 118,304 65,567 65,177 63,675 74,141 100
629168 867999 1073391 1354939 1627751 1303184 1190067 100
381,671 289217 326251 258,301 136,159 124,064 256,782 100
247,497 578,782 747,140 1,096,638 1,491,592 1,179,120 933,285 100
-181 1,193 1,076 397 3,151 5,102 6,760 #DIV/0!
247,678 577,589 746,064 1,096,241 1,488,441 1,174,018 926,525 100
44,581 184,374 234,475 364,180 462,456 302,825 224,494 100
202,916 394,408 512,665 732,458 1,029,136 876,295 708,791 100
0 10,713 10,880 25,272 32,628 49,333 63,103 #DIV/0!
0 3,642 3,590 8,087 10,115 14,800 18,931 #DIV/0!
0 7,071 7,290 17,185 22,513 34,533 44,172 #DIV/0!
202,916 387,337 505,375 715,273 1,006,623 841,762 664,619 100
3.39 6.62 8.6 12.26 17.27 11.97 14.75

2012 2013 2014 2015 2016 2017 2018 2009

7,806,470 8,167,086 8,606,649 9,491,652 9,479,045 9,645,367 11,785,457
6,808,073 6,838,301 7,011,584 7,553,193 7,157,029 7,589,305 9,699,779
998,397 1,328,785 1,595,065 1,938,459 2,322,016 2,056,062 2,085,678
116,373 138,019 188,307 200,241 210,598 249,535 322,390
230,711 306,967 357,994 331,593 399,335 452,016 497,851
347,084 444,986 546,301 531,834 609,933 701,551 820,241
651,313 883,799 1,048,764 1,406,625 1,712,083 1,354,511 1,265,437
71,455 84,157 93,677 117,253 149,509 115,002 149,511
579,858 799,642 955,087 1,289,372 1,562,574 1,239,509 1,115,926
49,310 68,357 118,304 65,567 65,177 63,675 74,141
629168 867999 1073391 1354939 1627751 1303184 1190067
381,671 289217 326251 258,301 136,159 124,064 256,782
247,497 578,782 747,140 1,096,638 1,491,592 1,179,120 933,285
 -181 1,193 1,076 397 3,151 5,102 6,760
247,678 577,589 746,064 1,096,241 1,488,441 1,174,018 926,525
44,581 184,374 234,475 364,180 462,456 302,825 224,494
202,916 394,408 512,665 732,458 1,029,136 876,295 708,791
0 10,713 10,880 25,272 32,628 49,333 63,103
0 3,642 3,590 8,087 10,115 14,800 18,931
0 7,071 7,290 17,185 22,513 34,533 44,172
202,916 387,337 505,375 715,273 1,006,623 841,762 664,619
3.39 6.62 8.6 12.26 17.27 11.97 14.75
 2010 2011 2012 2013 2014 2015 2016 2017 2018
118.7608 139.735 145.87876 152.6176 160.8316 177.3696 177.134 180.2421 220.2337
112.0436 134.6944 141.52265 142.151 145.7531 157.0118 148.7766 157.7625 201.6339 250
178.5175 184.5768 184.63122 245.7291 294.9716 358.4747 429.405 380.2227 385.6995 200
110.0365 127.3083 145.59729 172.6792 235.5958 250.5267 263.4846 312.1997 403.3505 150
119.2547 114.8052 133.14577 177.1539 206.6021 191.3658 230.4605 260.8632 287.3151 100
116.3449 118.752 137.07628 175.7414 215.7544 210.0409 240.8851 277.0684 323.9434 50
233.2648 242.5402 226.50662 307.3581 364.7279 489.1809 595.4098 471.0573 440.0801 0
29.57938 28.50317 41.233633 48.56342 54.057 67.66171 86.27527 66.36275 86.27642 1 2 3
542.2016 567.1775 507.51659 699.881 835.9331 1128.514 1367.632 1084.871 976.7063
112.2083 147.0049 111.29418 154.2838 267.0158 147.9867 147.1065 143.7164 167.3385
422.0497 449.7698 396.80121 547.4262 676.962 854.5276 1026.584 821.887 750.5468
86.39963 105.918 126.87265 96.13968 108.4503 85.86278 45.26111 41.24057 85.35784
500
-287.683 -277.305 -173.96289 -406.819 -525.156 -770.815 -1048.42 -828.79 -655.996
400
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
300
-287.683 -276.718 -174.09011 -405.981 -524.4 -770.536 -1046.21 -825.204 -651.244
-588.547 -421.494 -137.4006 -568.249 -722.662 -1122.42 -1425.31 -933.32 -691.9 200
-198.796 -234.706 -184.76471 -359.127 -466.806 -666.938 -937.078 -797.908 -645.388 100
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0
1 2 3
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
-198.796 -234.706 -184.76471 -352.689 -460.168 -651.29 -916.578 -766.465 -605.167

700
600
500
400
300
200
100
2010 2011 2012 2013 2014 2015 2016 2017 2018 0
1 2 3 4
 Net sales Profit from operati
250 1200
200 1000
150 Net sales 800
600
100
400
50 200
0 0
1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10

Gross profit Profit / (loss) before ta

500 200
400 0
300 Gross profit -200 1 2 3 4 5 6 7 8 9 10
200 -400
100 -600
0 -800
1 2 3 4 5 6 7 8 9 10 -1000
-1200

Operating profit
700 Finance charge
600 140
500 120
400
Operating profit
100
300 80
200 60
100 40
0 20
1 2 3 4 5 6 7 8 9 10 0
1 2 3 4 5 6 7 8 9 10
Profit from operations

Profit from
operations

4 5 6 7 8 9 10

ofit / (loss) before taxation

3 4 5 6 7 8 9 10 Profit / (loss) before

taxation

Finance charges

Finance charges

4 5 6 7 8 9 10