Scribd Logo
Upload

Welcome to Scribd!

  • Income Statement - FME

    Uploaded by

    Akshay Gour
    45 views2 pages
    The document provides financial information for an organization from 2015-2018, including income statements and balance sheets. It also lists forecasting factors to project figures for sales, expenses, assets, and liabilities. For the income statement, sales are projected to grow 4% annually based on management input. Cost of goods sold is 50% of sales, expenses are 25% of sales, and depreciation is 7% of gross property, plant, and equipment. For the balance sheet, current and non-current assets like cash, receivables, inventories are projected to grow at set percentages of sales based on discussions with management, while gross property, plant and equipment and other non-current assets are projected to grow 10% and

    Original Description:

    Original Title

    Income Statement -FME

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document provides financial information for an organization from 2015-2018, including income statements and balance sheets. It also lists forecasting factors to project figures for sales, expenses, assets, and liabilities. For the income statement, sales are projected to grow 4% annually based on management input. Cost of goods sold is 50% of sales, expenses are 25% of sales, and depreciation is 7% of gross property, plant, and equipment. For the balance sheet, current and non-current assets like cash, receivables, inventories are projected to grow at set percentages of sales based on discussions with management, while gross property, plant and equipment and other non-current assets are projected to grow 10% and

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    45 views2 pages

    Income Statement - FME

    Uploaded by

    Akshay Gour
    The document provides financial information for an organization from 2015-2018, including income statements and balance sheets. It also lists forecasting factors to project figures for sales, expenses, assets, and liabilities. For the income statement, sales are projected to grow 4% annually based on management input. Cost of goods sold is 50% of sales, expenses are 25% of sales, and depreciation is 7% of gross property, plant, and equipment. For the balance sheet, current and non-current assets like cash, receivables, inventories are projected to grow at set percentages of sales based on discussions with management, while gross property, plant and equipment and other non-current assets are projected to grow 10% and

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Income Statement

    2015 2016 2017 2018 FORECASTING FACTOR


    Sales 1234.9 1251.7 1300.4 1334.4 shall grow at 4%, based on input from management
    COGS 679.1 659 681.3 667 50% of sales
    Selling, General &
    Admn Exp 339.7 348.6 351.2 373.3 25% of sales
    Depreciation 47.5 52 55.9 75.2 7% of Gross PPE , based on analysis of dep schedule
    Other net income 11.8 7.6 7 8.2 0.7% of sales
    Interest Income 1.3 1.4 1.7 2 interest rate 5%
    Interest Expense 16.2 15.1 20.5 23.7 interest rate 9%
    Income tax 56.8 64.2 67.5 72.6 35% of pre tax income
    Dividends 38.3 38.7 39.8 40.1 30% of net income
    Net to Retained earnings
    Balance sheet 2015 2016 2017 2018
    Assets
    Cash and Marketable sec 25.6 23 32.1 28.4 2% of sales
    Accounts receivable 99.4 102.9 107.3 120.1 8.1% of sales
    Inventories 109.6 108 114.9 116.8 8.3% of sales
    other CA 96.7 91.4 103.7 97.5 7.2% of sales
    shall grow at 10% per yr, based on discussion with
    Gross PPE 680.9 734.3 820.8 913.1 mgmt
    Accumulated Dep 244.8 296.8 352.7 427.9
    Net PPE 436.1 437.5 468.1 485.2
    shall grow at 9% per yr, based on discussion with
    Other non current assets 203.2 205.1 407 456.3 mgmt

    Liabilities and SHE


    Acc Payable 82.8 77.1 71.8 80.5 6% of sales
    ST Debt 39.1 29.7 79.8 110.3 shall remain unchanged at 2018 level
    Other CL 152 123.8 172.1 111.3 8.1% of sales
    LT Debt 163.5 145 201.8 218.1 shall remain unchanged at 2018 level
    Deferred Income tax 22.3 19.6 15 12.7 1.2% of sales
    Other non CL 100.6 80.1 115 94.5 7.2% of sales
    Paid up capital 46.9 46.1 38.2 44.8 shall remain unchanged at 2018 level
    Retained earnings 363.4

    Assets without SF PLUG


    Liabilities without NTF PLUG
    DIFFERENCE

    SF plug calculation
    NTF plug calculation

    You might also like