WILLY AND SONS CORPORATION

SANTIAGO CITY BRANCH

COMPARATIVE BALANCE SHEETS - VERTICAL ANALYSIS
AS OF JULY 31, 2011 AND 2012
2011
Amount
Current Assets:
Cash
Accounts Receivable
Installment Contracts Receivable - 2011
Installment Contracts Receivable - 2012
Notes Receivable
Merchandise Inventory
Office Supplies
Total Current Assets

284,862
391,162
4,440
1,889,872

Non-current Assets:
Computer
Delivery Truck
Total
Less: Accumulated Depreciation
Total Non-current Assets
TOTAL ASSETS

36,000
650,000
686,000
47,300
638,700
2,528,572

Current Liability:
Accounts Payable
Total Current Liability
Non-current Liability:
Deferred Gross Profit, 2011
Deferred Gross Profit, 2012
Total Non-current Liability
TOTAL LIABILITY
Shareholder's Equity
Willy and Sons, Main
Total Shareholder's Equity
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY

353,188
447,655
408,565

397,450
397,450

189,115
189,115
586,565

1,942,007
1,942,007
2,528,572

PORATION
RANCH
VERTICAL ANALYSIS
AND 2012
2011
Percentage
14%
18%
16%

2012
Amount
Percentage

11%
15%
0%
75%

406,166
197,529
148,387
810,438
65,843
836,195
1,870
2,466,428

13%
6%
5%
27%
2%
27%
1%
81%

1%
26%
27%
2%
25%
100%

29,700
609,000
638,700
47,300
591,400
3,057,828

1%
20%
21%
2%
19%
100%

16%
16%

302,870
302,870

10%
10%

7%
7%
23%

69,433
400,122
469,555
772,425

2%
13%
15%
25%

77%
77%
100%

2,285,403
2,285,403
3,057,828

75%
75%
100%

WILLY AND SONS CORPORATION

SANTIAGO CITY BRANCH
COMPARATIVE BALANCE SHEETS - HORIZONTAL ANALYSIS
AS OF JULY 31, 2011 AND 2012
2011
Current Assets:
Cash
Accounts Receivable
Installment Contracts Receivable - 2011
Installment Contracts Receivable - 2012
Notes Receivable
Merchandise Inventory
Office Supplies
Total Current Assets

284,862
391,162
4,440
1,889,872

Non-current Assets:
Computer
Delivery Truck
Total
Less: Accumulated Depreciation
Total Non-current Assets
TOTAL ASSETS

36,000
650,000
686,000
47,300
638,700
2,528,572

Current Liability:
Accounts Payable
Total Current Liability
Non-current Liability:
Deferred Gross Profit, 2011
Deferred Gross Profit, 2012
Total Non-current Liability
TOTAL LIABILITY
Shareholder's Equity
Willy and Sons, Main
Total Shareholder's Equity
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY

353,188
447,655
408,565

397,450
397,450

189,115
189,115
586,565

1,942,007
1,942,007
2,528,572

PORATION
RANCH
HORIZONTAL ANALYSIS
AND 2012
2012

Change

Percentage

406,166
197,529
148,387
810,438
65,843
836,195
1,870
2,466,428

52,978
-250,126
-260,178

15%
-56%
-64%

-219,019
445,033
-2,570
576,556

-77%
114%
-58%
31%

29,700
609,000
638,700
47,300
591,400
3,057,828

-6,300
-41,000
-47,300

-18%
-6%
-7%

-47,300
529,256

-7%
21%

302,870
302,870

-94,580
-94,580

-24%
-24%

69,433
400,122
469,555
772,425

-119,682

-63%

280,440
185,860

148%
32%

2,285,403
2,285,403
3,057,828

343,396
343,396
529,256

18%
18%
21%

WILLY AND SONS CORPORATION

SANTIAGO CITY BRANCH
COMPARATIVE INCOME STATEMENTS - VERTICAL ANALYSIS
FOR THE YEARS ENDED JULY 31, 2011 AND 2012

Sales
Less: Cost of Sales
Gross Profit
Less: Deferred Gross Profit - 2011
Deferred Gross Profit - 2012
Add: Realized Gross Profit - 2011
Total Realized Gross Profit
Less: Operating Expenses
Total Operating Income
Add: Interest Income
NET INCOME BEFORE TAX

2011
Amount
Percentage
4,737,869
100%
2,115,239
45%
2,622,630
55%
4%
189,115

2,433,515
1,578,552
854,963
32,999
887,962

51%
33%
18%
1%
19%

CAL ANALYSIS
AND 2012
2012
Amount
Percentage
6,057,785
100%
2,580,407
43%
3,477,378
57%
400,122
119,682
3,196,938
1,889,675
1,307,263
149,517
1,456,780

7%
2%
53%
31%
22%
2%
24%

WILLY AND SONS CORPORATION

SANTIAGO CITY BRANCH
COMPARATIVE BALANCE SHEETS - HORIZONTAL ANALYSIS
AS OF JULY 31, 2011 AND 2012

Sales
Less: Cost of Sales
Gross Profit
Less: Deferred Gross Profit - 2011
Deferred Gross Profit - 2012
Add: Realized Gross Profit - 2011
Total Realized Gross Profit
Less: Operating Expenses
Total Operating Income
Add: Interest Income
NET INCOME BEFORE TAX

2011
4,737,869
2,115,239
2,622,630
189,115

2,433,515
1,578,552
854,963
32,999
887,962

2012
6,057,785
2,580,407
3,477,378
400,122
119,682
3,196,938
1,889,675
1,307,263
149,517
1,456,780

TAL ANALYSIS
12
Change
Percentage
1,319,916
28%
465,168
22%
854,748
33%

763,423
311,123
452,300
116,518
568,818

31%
20%
53%
353%
64%

Schedule 1

2011

2012

Installment Sales
Cost of Installment Sales
Gross Profit on Installment Sales

1,065,576
575,376
490,200

1,154,758
596,576
558,182

0.46

0.48

305,091

649,547

Gross Profit Rate

Collections in 2011 applying to principal
Realized Gross Profit in 2012:
2011 Installment Sales
(46% x 305,091)
2012 Installment Sales
(48% x 649,547)
Total

140,342

311,783
452,125

27