Ameer Hamza Butt 18102001-094 Submitted to: Ma’am Nimra Sohail

Osama Ahsan 18102001-087 Assignment # 1

Abubaker Shafique 18102001-129 08-04-2021

Vertical Analysis Horizontal Analysis

Analysis
2018 2017 2016 2018 2017 2016

51.2% 46.4% 58.6% 117.8% 107.5% 100%

0.02% - - - - -
5.53% 2.8% 3.9% 192% 97.3% 100%
0.04% 0.033% 0.056% 99% 82% 100%
0.03% 0.06% 0.05% 87% 155% 100%
57% 49.27% 62.6% 122.3% 107% 100%

3.41% 3.37% 4.3% 105% 104.6% 100%

23.5% 41.3% 28% 113% 200% 100%
4% 2.15% 0.9% 599% 328% 100%
0.73% 0.63% 1% 97.3% 85% 100%
0.2% 0.17% 0.08% 362% 299% 100%
8.3% 0.43% 0.6% 1945% 100.4 100%
1.35% 0.26% 0.22% 829% 162% 100%
0.53% 1.09% 0.13% 533% 1078% 100%
1% 1.35% 2% 68% 94.4% 100%
43% 50.72 37.3 155% 185% 100%

100% 100% 100% 135% 136% 100%

5.3% 5.25% 7.13% 100% 100% 100%

2.2% 2.15% 3% 100% 100% 100%

10.6% 10.5% 14.2% 100% 100% 100%

2.8% 3.56% 5.7% 68.3% 85.2% 100%

(0.028) % (0.022) % (0.03) % (133) % (103.5) % (100) %

16.2% 11.11% 15.9% 137.5% 95.1% 100%

31.8% 27.3% 39% 111% 96% 100%

22.2% 23.1% 23% 131% 137% 100%

3.77% 5.7% 9.1% 55.5% 85% 100%
26% 29% 32.1% 109% 122% 100%

14.8% 6.6% 12.3% 161.2% 73.2% 100%

0.6% 0.76% 0.7% 125% 154% 100%
20.4% 33.5% 10% 280% 461% 100%
0.054% 0.054% 0.06% 122.2% 123% 100%
6.32% 2.9% 6.3% 136% 63.2% 100%

42.16% 43.7% 29.1% 195% 204.3% 100%

100% 100% 100% 135% 136% 100%

From vertical analysis of (2018), we can oversee that
the majorly part (57 %) of the whole assets (100%)is
contributed by the company’s non-current assets,
and in non-current assets about (90%) of the part is
contributed by the Al Noor mills property, plants and
equipment’s. And current assets hold about (43%) of
the whole assets, furthermore in which stock in
trade contributes about (50%) of the current assets
and respectively (19.5%) by receivables and (9.2%)
by trade debts. In equity section capital reserves
contributes about (50%) of total share equity and
general reserves about 3rd half. In non- liabilities,
long term financing take part of (85%) and in current
liabilities. Majority part is taken by short term
borrowing (48%), then payables (35%) and then
current portion of financing (15%).
Similarly, From the vertical analysis of (2017,2016),
the situation of contribution of non-current assets
and current assets with respect to whole asset is off
same nature, and the equity and liability section is
also similar to the (2018) balance sheet, all the
entities and their nature of contribution is similar.
Horizontal Analysis, horizontal analysis gives us the
trend of growth/decline with respect to base year, if
we compare the balance sheet, we come to know
that Al Noor mills Property/equipment’s increases
(7.5%in 2017, and 17.8% w.r.t Base year), it’s long
term investment decreases with a lower margin of
2.7% in 2017, but increases with a margin of 92%.
But if we were to compare the whole non-current
asset entity then if increases with a margin of 7% in
2017 and 22.3% in 2018. In current assets there are
some assets
CONT
with disastrous change, like trade amount doubled the base year
and 13% in the 2018. Their trade debts increase with 228% in 2017
and 499% in 2018. Trade deposits also increases with 199%, and
262% with respective years. The receivables which are left to
collected increases with a margin of 1845% increase compared to
base year in 2018 and 0.4 increase in 2017. Similarly, income tax
refund increase with 62 percent and 729 percent w.r.t base year.
And income refundable (NOP) increase with 978% in 2017 and
433% w.r.t base year. And in the equity and liability section un
appropriate profit decrease with a margin of 14.8% and 31.7 with
2017 and 2018. Their capital reserves decrease with 4.9 percent in
2017 and increase with the margin of 37.5 percent. Long term
financing also increases, but deferred liability decreased for about
half compared to the base year. Trade payable decreases in 2017
but increases in 2018. Accrued finance cost also increases in both
years, short term borrowing also increases in both years. Unclaimed
dividend firstly decreases with a margin of 36.8% but increases with
36% next year. Overall change w.r.t base year is increase in 36
percent in 2017 and 35% in 2018.