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Select 2017 Year From The Given Data In Image And Find The Following thing: 1) Balance Sheet Growth - (TOTAL ASSETS CURRENT YEAR- TOTAL ASSETS CURRENT YEAR) / TOTAL ASSETS PREVIOUS YEAR. 2) Sales. 3) Financial Exp as a % of Sales 4) EBIT 5) Financial Cost / Interest Expense

Select 2017 Year From The Given Data In Image And Find The Following thing: 1) Balance Sheet Growth - (TOTAL ASSETS CURRENT YEAR- TOTAL ASSETS CURRENT YEAR) / TOTAL ASSETS PREVIOUS YEAR. 2) Sales. 3) Financial Exp as a % of Sales 4) EBIT 5) Financial Cost / Interest Expense

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Select 2017 Year From The Given Data In Image And Find The Following thing:

1) Balance Sheet Growth - (TOTAL ASSETS CURRENT YEAR- TOTAL ASSETS CURRENT YEAR) / TOTAL ASSETS PREVIOUS YEAR.
2) Sales.
3) Financial Exp as a % of Sales
4) EBIT
5) Financial Cost / Interest Expense

F.Operations: 1.Sales 384,695 299,055 285,395 286,602 321,650 387,085 i)Local sales (Net) 275,370 233,647 258,530 266,480 321,650 387,085 i)Export sales (Net) 2.Cost of sales 109,325 65,408 26,865 20,122 346,308 266,410 249,665 269,632 279,428 334,907 i)Cost of material 3.Gross profit / (loss) (F1-F2) 4.General, administrative and other expenses i)Selling & distribution expenses iiJAdministrative and other expenses 5.0ther income / (loss) 6.EBIT (F3-F4+F5) 7.Financial expenses of which: (i) Interest expenses 8.Profit / (loss) before taxation (FO-F7) 9.Тах ехpenses 10.Profit / (loss) after tax (F8-F9) 11.Cash dividends 58,872 39,273 17,662 10,423 227 38,387 32,645 35,730 16,970 42,222 52,178 32,187 28,272 27,286 29,650 33,907 37,937 6,836 4,073 2,952 2,564 1,618 1,620 25,351 24,199 24,334 27,086 32,289 36,317 3,476 6,200 4,373 8,444 (12,680) 8,315 17,717 553 1,253 1,877 338 1,861 465 1,072 1,787 107 1,827 360 5,047 3,120 G,507 (13,010) G.454 17,252 2,938 2,731 3,000 2,158 5,647 3,120 3,629 (15,749) 3,454 15,094 12.Bonus shares / stock dividends G.Statement of Cash Flows 24,222 1.Net cash flows from operating activities 2.Net cash flows from investing activities 3.Net cash flows from financing activities 29,879 25,785 41,027 31,635 80,857 (12,172) (18,483) (45,801) 26,000 (61,676) (12,023) (33,829) (7,939) (36,256) 5,000 (10,048) (990) H.Miscellaneous 1.Total capital employed (C+D) 2.Retention in business (F10-F11-F12) 908,738 913,293 922,631 912,825 1,145,002 1,168,509 (15,749) 32,547 5,647 3,120 3,629 3,454 15,094 3.Depreciation for the year 4.Salaries, wages and employee benefits I.Key Performance Indicators P1. Net Profit margin / Net profit to sales (F10 as % of F1) P2. Asset turnover (F1 to Avg (Current year(A+B),previous year (A+B)}) P3. Return on Assets (F10 as a % of Avg {Current year(A+B),previous year (A+B)} P4. Financial leverage (Avg. (Current year(A+B),previous year (A+B) to Avg. Current year(C),previous year (C))}) P5. Return on equity (F10 as % of Avg (Current year(C).previous year (C)} V3. Basic earnings per share (Rs./share) ( F10 to No. of shares) 33,400 32,500 32,719 32,277 43,431 87,603 85,201 92,854 104,274 106,841 129,446 1.47 1.04 1.27 -5.50 1.07 3.90 0.42 0.32 0.30 0.30 0.30 0.33 0.61 0.33 0.38 -1.64 0.32 1.27 1.04 1.06 1.09 1.10 1.09 1.15 0.64 0.35 0.41 -1.80 0.35 1.46 0.16 0.09 0.10 -0.45 0.10 0.43
Transcribed Image Text:F.Operations: 1.Sales 384,695 299,055 285,395 286,602 321,650 387,085 i)Local sales (Net) 275,370 233,647 258,530 266,480 321,650 387,085 i)Export sales (Net) 2.Cost of sales 109,325 65,408 26,865 20,122 346,308 266,410 249,665 269,632 279,428 334,907 i)Cost of material 3.Gross profit / (loss) (F1-F2) 4.General, administrative and other expenses i)Selling & distribution expenses iiJAdministrative and other expenses 5.0ther income / (loss) 6.EBIT (F3-F4+F5) 7.Financial expenses of which: (i) Interest expenses 8.Profit / (loss) before taxation (FO-F7) 9.Тах ехpenses 10.Profit / (loss) after tax (F8-F9) 11.Cash dividends 58,872 39,273 17,662 10,423 227 38,387 32,645 35,730 16,970 42,222 52,178 32,187 28,272 27,286 29,650 33,907 37,937 6,836 4,073 2,952 2,564 1,618 1,620 25,351 24,199 24,334 27,086 32,289 36,317 3,476 6,200 4,373 8,444 (12,680) 8,315 17,717 553 1,253 1,877 338 1,861 465 1,072 1,787 107 1,827 360 5,047 3,120 G,507 (13,010) G.454 17,252 2,938 2,731 3,000 2,158 5,647 3,120 3,629 (15,749) 3,454 15,094 12.Bonus shares / stock dividends G.Statement of Cash Flows 24,222 1.Net cash flows from operating activities 2.Net cash flows from investing activities 3.Net cash flows from financing activities 29,879 25,785 41,027 31,635 80,857 (12,172) (18,483) (45,801) 26,000 (61,676) (12,023) (33,829) (7,939) (36,256) 5,000 (10,048) (990) H.Miscellaneous 1.Total capital employed (C+D) 2.Retention in business (F10-F11-F12) 908,738 913,293 922,631 912,825 1,145,002 1,168,509 (15,749) 32,547 5,647 3,120 3,629 3,454 15,094 3.Depreciation for the year 4.Salaries, wages and employee benefits I.Key Performance Indicators P1. Net Profit margin / Net profit to sales (F10 as % of F1) P2. Asset turnover (F1 to Avg (Current year(A+B),previous year (A+B)}) P3. Return on Assets (F10 as a % of Avg {Current year(A+B),previous year (A+B)} P4. Financial leverage (Avg. (Current year(A+B),previous year (A+B) to Avg. Current year(C),previous year (C))}) P5. Return on equity (F10 as % of Avg (Current year(C).previous year (C)} V3. Basic earnings per share (Rs./share) ( F10 to No. of shares) 33,400 32,500 32,719 32,277 43,431 87,603 85,201 92,854 104,274 106,841 129,446 1.47 1.04 1.27 -5.50 1.07 3.90 0.42 0.32 0.30 0.30 0.30 0.33 0.61 0.33 0.38 -1.64 0.32 1.27 1.04 1.06 1.09 1.10 1.09 1.15 0.64 0.35 0.41 -1.80 0.35 1.46 0.16 0.09 0.10 -0.45 0.10 0.43
Ashfaq Textile Mills Ltd. (Thousand Rupees) Items 2015 2016 2017 2018 2019 2020 A.Non-Current Assets (A1+A3+A4+A5+A6) 726,357 739,657 972,744 725,415 729,115 978,871 1.Capital work in progress 2.0perating fixed assets at cost 3.0perating fixed assets after deducting accumulated depreciation 4.Intangible assets 5.Long term investments 6.Other non-current assets 2,771 2,881 13,631 766,421 814,993 829,312 867,467 1,146,621 1,164,823 719,076 735,147 720,905 724,605 971,480 954,603 4,510 4,510 4,510 196,882 4,510 4,510 4,510 B.Current Assets (B1+B2+B3+B4+B5+B6) 1.Cash & bank balance 2.Inventories; of which 203,441 217,869 242,456 222,071 230, 154 35,705 45,783 43,038 46,819 4,755 43,844 14,696 14,582 16,715 3,595 3,865 3,865 5,046 3,025 3,592 227 i)Raw material ii)Work in progress ii)Finished goods 2,665 7,028 11,613 2,427 6,985 4,529 1,510 941 3,865 3,865 3.Trade Debt / accounts receivables 62,790 26,811 35,059 37,655 59,276 67,665 4.Short term loans and advances 29,986 59,543 52,308 48,408 41,686 39,981 5.Short term investments 6.Other current assets 60,264 71,150 95,336 85,594 87,300 74,799 Total Assets (A+B) / Equity & Liabilities (C+D+E) 929,798 957,526 967,871 951,186 1,175,753 1,202,898 C.Shareholders' Equity (C1+C2+C3) 978,605 888,199 892,936 881,298 865,911 1,088,479 1.Issued, Subscribed & Paid up capital i)Ordinary shares ii)Preference shares 2.Reserves 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 184,444 204,513 207,446 205,908 221,280 253,585 i)Capital Reserve ii)Revenue Reserve of which: un-appropriated profit(loss) / retained earnings 3.Surplus on revaluation of fixed assets D.Non-Current Liabilities (D1+D2+D3+D4+D5) 1.Long term borrowings 2.Subordinated loans / Sponsor's loans 3.Debentures/TFCS (bonds payable) 4.Employees benefit obligations 5.Other non-current liabilities 184,444 204,513 207,446 205,908 221,280 253,585 184,444 204,513 207,446 205,908 221,280 253,585 353,905 338,573 324,002 310,153 517,349 375,170 20,539 20,357 41,333 46,914 56,523 189,904 20,539 20,357 41,333 46,914 56,523 66,603 123,301 E.Current Liabilities (E1+E2+E3+E4) 1.Trade credit & other accounts payables of which: i) Trade credits 2.Short term borrowings 21,060 44,233 45,240 38,361 30,751 34,389 16,058 12,712 21,366 15,557 19,539 28,229 6,421 5,793 13,412 7,993 4,683 9,007 5,000 31,000 20,952 19,963 7,939 3.Current portion of non-current liabilities 4.Other current liabilities 354 2 521 2,922 2,841 3,273 5,806
Transcribed Image Text:Ashfaq Textile Mills Ltd. (Thousand Rupees) Items 2015 2016 2017 2018 2019 2020 A.Non-Current Assets (A1+A3+A4+A5+A6) 726,357 739,657 972,744 725,415 729,115 978,871 1.Capital work in progress 2.0perating fixed assets at cost 3.0perating fixed assets after deducting accumulated depreciation 4.Intangible assets 5.Long term investments 6.Other non-current assets 2,771 2,881 13,631 766,421 814,993 829,312 867,467 1,146,621 1,164,823 719,076 735,147 720,905 724,605 971,480 954,603 4,510 4,510 4,510 196,882 4,510 4,510 4,510 B.Current Assets (B1+B2+B3+B4+B5+B6) 1.Cash & bank balance 2.Inventories; of which 203,441 217,869 242,456 222,071 230, 154 35,705 45,783 43,038 46,819 4,755 43,844 14,696 14,582 16,715 3,595 3,865 3,865 5,046 3,025 3,592 227 i)Raw material ii)Work in progress ii)Finished goods 2,665 7,028 11,613 2,427 6,985 4,529 1,510 941 3,865 3,865 3.Trade Debt / accounts receivables 62,790 26,811 35,059 37,655 59,276 67,665 4.Short term loans and advances 29,986 59,543 52,308 48,408 41,686 39,981 5.Short term investments 6.Other current assets 60,264 71,150 95,336 85,594 87,300 74,799 Total Assets (A+B) / Equity & Liabilities (C+D+E) 929,798 957,526 967,871 951,186 1,175,753 1,202,898 C.Shareholders' Equity (C1+C2+C3) 978,605 888,199 892,936 881,298 865,911 1,088,479 1.Issued, Subscribed & Paid up capital i)Ordinary shares ii)Preference shares 2.Reserves 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 349,850 184,444 204,513 207,446 205,908 221,280 253,585 i)Capital Reserve ii)Revenue Reserve of which: un-appropriated profit(loss) / retained earnings 3.Surplus on revaluation of fixed assets D.Non-Current Liabilities (D1+D2+D3+D4+D5) 1.Long term borrowings 2.Subordinated loans / Sponsor's loans 3.Debentures/TFCS (bonds payable) 4.Employees benefit obligations 5.Other non-current liabilities 184,444 204,513 207,446 205,908 221,280 253,585 184,444 204,513 207,446 205,908 221,280 253,585 353,905 338,573 324,002 310,153 517,349 375,170 20,539 20,357 41,333 46,914 56,523 189,904 20,539 20,357 41,333 46,914 56,523 66,603 123,301 E.Current Liabilities (E1+E2+E3+E4) 1.Trade credit & other accounts payables of which: i) Trade credits 2.Short term borrowings 21,060 44,233 45,240 38,361 30,751 34,389 16,058 12,712 21,366 15,557 19,539 28,229 6,421 5,793 13,412 7,993 4,683 9,007 5,000 31,000 20,952 19,963 7,939 3.Current portion of non-current liabilities 4.Other current liabilities 354 2 521 2,922 2,841 3,273 5,806
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