Вы находитесь на странице: 1из 22

Overview of

Financial Statements
COMPANIES
Income Statement

Statement of Retained Earnings

Balance Sheet
Pattern Followed

Preparation Date Monetary Unit Used

Pepsi – Last Saturday of Pepsi – U.S. dollars ($)


December
Coca Cola - U.S. dollars ($)
Coca Cola - 31 December
FedEx - 31 May FedEx - U.S. dollars ($)

Unilever - 31 December Unilever – Euro (€)


GM – 31 December
General Motors - U.S.
dollars ($)
Common Features

Accounting Period:

One Year Period

Vertical Pattern being followed


Comparison
of
Income Statement
Income Statement

It is a summarization of the company’s


revenue and expense transactions for a
period of time.
FEDEX

REVENUES
LESS: OPERATING EXP
OPERATING INCOME
ADD: OTHER INCOME
INCOME BEFORE TAX
LESS: PROVISION FOR INCOME TAXES
NET INCOME
COCA COLA
NET OPERATING REVENUES
LESS: Cost of goods sold
GROSS PROFIT
LESS: Selling, general and administrative expenses
LESS: Other operating charges
OPERATING INCOME
ADD: Interest income
ADD: Interest expense
Other income (loss) —
INCOME BEFORE INCOME TAXES
LESS; Income taxes
NET INCOME
GENERAL MOTORS

TOTAL NET SALES AND REVENUES

LESS: TOTAL COSTS AND EXPENSES

NET INCOME
PEPSICO
NET REVENUES
LESS: EXPENSES
OPERATING PROFIT
ADD: INCOMES
LESS: LOSS
INCOME FROM OPERATIONS
BEFORE INCOME TAX
LESS: PROVISION FOR INCOME TAX
NET INCOME
UNILEVER

Turnover
Add: Operating Profit
Profit Before Taxation
Add: Net Profit from continuing operation
Net Profit
Depreciation Method
 Pepsi – Straight Line Method

 Coca Cola - Straight Line Method

 FedEx - Straight Line Method

 Unilever – Straight Line Method

 General Motors - Accelerated Method


Retained Earnings

Portion of stockholders’ equity created by


earning net income and retaining the
related sources in business.

Retained Earnings Net Retained Earnings


at the beginning + Income - Dividends = at the end
of the period of the Period
COMPARISON
OF
BALANCE SHEET
Balance Sheet

It lists the amount of company’s Assets,


Liabilities and Owner’s Equity at the end of
the accounting period.

Assets = Liabilities + Owner’s Equity


FedEx

Liabilities and
Assets
Stockholders’ Investment
•Current Liabilities
 Current Assets
 Property and Equipment, •Long-Term Debt, Less
at Cost Current Portion
 Other Long-Term Assets •Other Long-Term Liabilities
•Commitments and
Contingencies
•Common Stockholders'
Investment
Unilever

Assets Liabilities &


 Non-current assets Shareholders Equity
 Current assets •Total current liabilities
•Total non-current
liabilities
•Shareholders’ equity
•Total equity
•Total capital employed
PepsiCo

Current Assets
Liabilities & Shareholders Equity
• Property, Plant and Current Liabilities
Equipment, net
Total Current Liabilities
• Amortizable Intangible Long-Term Debt Obligations
Assets, net
Other Liabilities
• Nonamortizable Intangible Deferred Income Taxes
Assets
Deferred Income Taxes
• Investments in Preferred Stock, no par value
Noncontrolled Affiliates
Repurchased Preferred Stock
• Other Assets Common Shareholders’ Equity
Coca Cola
LIABILITIES AND SHAREOWNERS’
Assets
EQUITY
 Current Assets
 Investment •CURRENT LIABILITIES
 Other Assets
 Property and Equipment •LONG-TERM DEBT
 Trademarks with Indefinite
•OTHER LIABILITIES
lives
 Goodwill •DEFERRED INCOME TAXES
 Other Intangible Assets
•SHAREOWNERS’ EQUITY
General Motors (GM)
Assets Liabilities and
Stockholder’s
 Current Assets
 Financing and Insurance Current liabilities
Operations Assets Financing and Insurance
 Non-Current Assets Operations Liabilities
Non-Current Liabilities
ANY QUERIES