A B C D E F

1 BC1 - HANDY HARDWARE LTD

2 MALL STORE FINANCIAL SUMMARY / RATIO ANALYSIS
3 CGA-CANADA
4
5 FIVE YEAR SUMMARY 2007 2006 2005 2004 2003
6
7 Income Statement:
8 Sales 825,117 875,817 821,157 745,732 ###
9 Cost of goods sold 545,679 597,733 562,475 515,278 ###
10 Interest expense 12,000 13,542 17,542 16,549 14,274
11 Pre-tax earnings 51,315 49,247 44,537 42,130 35,607
12 Income taxes 19,500 18,714 16,924 16,009 13,531
13 Net earnings (loss) 31,815 30,533 27,613 26,121 22,076
14
15 Balance Sheet:
16 Current assets 111,267 127,339 101,617 102,533 ###
17 Inventory 91,683 103,459 93,082 72,062 87,531
18 Capital assets (net) 107,716 101,530 103,188 110,206 ###
19
20 Total assets 310,666 332,328 297,887 284,801 ###
21
22 Current liabilities 99,559 107,419 103,234 100,074 ###
23 Long-term liabilities 115,314 123,266 115,181 113,181 ###
24 Shareholders' equity 95,793 101,643 79,472 71,546 73,854
25
26 Total liabilities and equit Err:520 Err:520 Err:520 Err:520 Err:520
27
28 FINANCIAL RATIO ANALYSIS
29 2007 2006 2005 2004 2003
30 Gross margin
31 Current ratio
32 Inventory turnover
33 Total debt to equity
34 Times interest earned
35 Profit margin (profit on sales)
36 Return on assets
37 Return on equity
38 Total assets turnover
 A B C D E F
1 BC1 - HANDY HARDWARE LTD
2 MALL STORE FINANCIAL SUMMARY / RATIO ANALYSIS
3 CGA-CANADA
4
5 FIVE YEAR SUMMARY 2007 2006 2005 2004 2003
6
7 Income Statement:
8 Sales 825,117 875,817 821,157 745,732 ###
9 Cost of goods sold 545,679 597,733 562,475 515,278 ###
10 Interest expense 12,000 13,542 17,542 16,549 14,274
11 Pre-tax earnings 51,315 49,247 44,537 42,130 35,607
12 Income taxes 19,500 18,714 16,924 16,009 13,531
13 Net earnings (loss) 31,815 30,533 27,613 26,121 22,076
14
15 Balance Sheet:
16 Current assets 111,267 127,339 101,617 102,533 ###
17 Inventory 91,683 103,459 93,082 72,062 87,531
18 Capital assets (net) 107,716 101,530 103,188 110,206 ###
19
20 Total assets 310,666 332,328 297,887 284,801 ###
21
22 Current liabilities 99,559 107,419 103,234 100,074 ###
23 Long-term liabilities 115,314 123,266 115,181 113,181 ###
24 Shareholders' equity 95,793 101,643 79,472 71,546 73,854
25
26 Total liabilities and eq Err:520 Err:520 Err:520 Err:520 Err:520
27
28 FINANCIAL RATIO ANALYSIS
29 2007 2006 2005 2004 2003
30 Gross margin 33.87% 31.75% 31.50% 30.90% 29.01%
31 Current ratio 1.12 1.19 0.98 1.02 0.99
32 Inventory turnover 5.59 6.08 6.81 6.46 6.02
33 Total debt to equity 2.24 2.27 2.75 2.98 3.00
34 Times interest earned 5.28 4.64 3.54 3.55 3.49
35 Profit margin (profit on 3.86% 3.49% 3.36% 3.50% 2.97%
36 Return on assets 0.10 0.10 0.09 0.09 0.07
37 Return on equity 0.32 0.34 0.37 0.36 0.30
38 Total assets turnover 2.57 2.78 2.82 2.57 2.51