Statement of Profit and loss

Rs in Million
2014 2015 2016 2017

Sales 81240 84831 72877 90714

Cost of good sales 50137 55949 54827 72621
Gross Profit 31103 28882 18050 18093
Distribution cost 6431 6814 7154 8574
24672 22068 10896 9519
Financial cost 849 1475 2406 2445
Other expnses 2303 2284 1761 1631
21520 18309 6729 5443
Other income 4721 6194 10665 10298
Profit before tax 26241 24503 17394 15741
Provision for taxaton 8070 7737 5612 5030
Net income 18171 16766 11782 10711

EPS 14.28 13.18 9.26 8.42

Vertical analysis-%

% 2014 2015 2016 2017

Sales 100% 100% 100% 100%
Cost of good sales 62% 66% 75% 80%
Gross Profit 38% 34% 25% 20%
Distribution cost 8% 8% 10% 9%
30% 26% 15% 10%
Financial cost 1% 2% 3% 3%
Other expnses 3% 3% 2% 2%
26% 22% 9% 6%
Other income 6% 7% 15% 11%
Profit before tax 32% 29% 24% 17%
Provision for taxaton 10% 9% 8% 6%
Profit for the tax year 22% 20% 16% 12%

Horizantel Analysis-%

% 2014 2015 2016 2017

Sales 100% 4% -14% 24%
Cost of good sales 100% 12% -2% 32%
Gross Profit 100% -7% -38% 0%
Distribution cost 100% 6% 5% 20%
100% -11% -51% -13%
Financial cost 100% 74% 63% 2%
Other expnses 100% -1% -23% -7%
100% -15% -63% -19%
Other income 100% -15% -63% -19%
Profit before tax 100% -7% -29% -10%
Provision for taxaton 100% -4% -27% -10%
Profit for the tax year 100% -8% -30% -9%
d loss

2018

105964
77986 120000
27978
8833 100000
19145
80000
1637
2108 60000
15400
6283 40000
21683
20000
7244
14439 0

11.35

2018
100%
74%
26%
8%
18%
2%
2%
15%
6%
20%
7%
14%

2018
17%
 7%
55%
3%
101%
-33%
29%
183%
183%
38%
44%
35%
 Total sale and CGS
%
120000 2014 2015 2016 2017 2018

100000

80000

60000

40000

20000

0
2014 2015 2016 2017 2018
Sal es Cost of good s al es
 Statement Of Financial position

Rs in Millions
2014 2015
Equity and Liability
Equity
share capital 12722 12722
capital reserves 160 160
Revenue reserves 12788 14429

25670 27311
Non Current Liabilities
Long term Liabilities 2500 15893
Deffered Liabilities 4574 4600
7074 20493
Current Liabilities
Trade and other payables 37038 7500
intrest and Mark up accrued 30 268
short term borrowings 11603 18021
Unclaimed dividends 866 624
Current portion of long term borrowings 1780 4501
taxation 2501 1413
53818 32326

Total equity and Liability 86562 80130

Assets
Non current Assets
Property and plant eq 20094 21382
intangible assets 1611 1577
Long term investments 28134 29129
long term loans and advances 823 814
long term deposites and prepayments 16 13
Total non current Assets 50678 52915

Current Assets
stores,spares and loose tools 3315 3396
stock in trade 982 5100
Trade debts 822 1774
Loans and advances 1059 1025
Deposits and prepayments 26 39
other receivables 1073 2807
short term investments 27433 10335
cash and bank balance 1174 2739
Total current assets 35884 27215

Total assets 86562 80130

Vertical Analysis-%

% 2014 2015
Equity
share capital 15% 16%
capital reserves 0% 0%
Revenue reserves 15% 18%

30% 34%

Non Current Liabilities

Long term Liabilities 3% 20%
Deffered Liabilities 5% 6%
8% 26%
Current Liabilities
Trade and other payables 43% 9%
Mark up and profit accured 0% 0%
short term borrowings secured 13% 22%
Unclaimed dividends 1% 1%
Current portion of long term borrowings 2% 6%
taxation 3% 2%
62% 40%

Total equity and Liability 100% 100%

Assets
Non current Assets
Property and plant eq 23% 27%
intangible assets 2% 2%
Long term investments 33% 36%
long term loans and advances 1% 1%
long term deposites and prepayments 0% 0%
59% 66%

Current Assets
stores,spares and loose tools 4% 4%
stock in trade 1% 6%
Trade debts 1% 2%
Loans and advances 1% 1%
Deposits and prepayments 0% 0%
other receivables 1% 4%
short term investments 32% 13%
cash and bank balance 1% 3%
41% 34%

Total assets 100% 100%

Horizental Analysis-%

% 2014 2015

Equity
share capital 100% 0%
capital reserves 100% 0%
Revenue reserves 100% 13%

100% 6%
Non Current Liabilities
Long term Liabilities 100% 536%
Deffered Liabilities 100% 1%
100% 190%
Current Liabilities
Trade and other payables 100% -80%
Mark up and profit accured 100% 793%
short term borrowings secured 100% 55%
Unclaimed dividends 100% -28%
Current portion of long term borrowings 100% 153%
taxation 100% -44%
100% -40%

Total equity and Liability 100% -7%

Assets
Non current Assets
Property and plant eq 100% 6%
intangible assets 100% -2%
Long term investments 100% 4%
long term loans and advances 100% -1%
long term deposites and prepayments 100% -19%
100% 4%

Current Assets
stores,spares and loose tools 100% 2%
stock in trade 100% 419%
Trade debts 100% 116%
Loans and advances 100% -3%
Deposits and prepayments 100% 50%
other receivables 100% 162%
short term investments 100% -62%
cash and bank balance 100% 133%

Total assets 100% -7%

nt Of Financial position

2016 2017 2018

12722 12722 12722

160 160 160
15329 16470 20501

28211 29352 33383

16653 15572 8584

4812 4697 4578
21465 20269 13162

10504 38781 60599

321 191 300
22177 11539 28526
408 437 639
6434 6832 7238
1249 1230 2642
41093 58573 99944

90769 108194 146489

21233 22312 21533

1585 1585 1575
29656 27869 26899
934 966 1114
14 14 14
53422 52746 51135

3428 3496 3474

4237 395 12932
4306 3722 3678
903 1634 1060
50 78 82
 7752 13965 15725
14144 30882 54585
2526 1712 3818
37346 55884 95354

90768 108630 146489

2016 2017 2018

14% 12% 9%
0% 0% 0%
17% 15% 14%

31% 27% 23%

18% 14% 6%
5% 4% 3%
24% 19% 9%

12% 36% 41%

0% 0% 0%
24% 11% 19%
0% 0% 0%
7% 6% 5%
1% 1% 2%
45% 54% 68%

100% 100% 100%

23% 21% 15%

2% 1% 1%
33% 26% 18%
1% 1% 1%
0% 0% 0%
59% 49% 35%
 4% 3% 2%
5% 0% 9%
5% 3% 3%
1% 2% 1%
0% 0% 0%
9% 13% 11%
16% 28% 37%
3% 2% 3%
41% 51% 65%

100% 100% 100%

2016 2017 2018

0% 0% 0%
0% 0% 0%
6% 7% 24%

3% 4% 14%

5% -6% -45%
5% -2% -3%
5% -6% -35%

40% 269% 56%

20% -40% 57%
23% -48% 147%
-35% 7% 46%
43% 6% 6%
-12% -2% 115%
27% 43% 71%

13% 19% 35%

-1% 5% -3%
1% 0% -1%
2% -6% -3%
15% 3% 15%
8% 0% 0%
1% -1% -3%

1% 2% -1%
-17% -91% 3174%
143% -14% -1%
-12% 81% -35%
28% 56% 5%
176% 80% 13%
37% 118% 77%
-8% -32% 123%

13% 20%
 current ratio

2014 2015 2016 2017 2018

0.666766 0.841892 0.908817 0.954091 0.954074

Current ratio
1.2

0.8

0.6

0.4

0.2

0
2014 2015 2016 2017 2018

2014 2015 2016 2018

 Receivable Turnover Formula Annual net credit sale
Recivables

2014 2015 2016 2017 2018

ReCIVABLE TURNOVE
75.71295 30.22123 9.401058 6.495811 6.738569 75.7129543336

30.2212326327

9.4010577915

2014 2015 2016

Avg Collection Period Avg.collection period

60

2014 2015 2016 2017 2018

50
4.820839 12.0776 38.82542 56.19006 54.1658
40

30

20

10

0
2014 2015 2016
 ReCIVABLE TURNOVER

2212326327

9.4010577915
6.495810956 6.7385691574

2015 2016 2017 2018

Avg.collection period

2015 2016 2017 2018