Professional Documents
Culture Documents
FM Assignment 1.1
FM Assignment 1.1
FM Assignment 1.1
Non-Current Liabitilies
Assets
Non-Current Assets
Property, plant and equipment 1,277,997,628 4,937,750,901 6,822,273,698
Intangible assets 616,216 4,441,250 17,378,388
Security Deposits 1,032,686 944,306 944,306
Deferred Taxation-net 76,384,766 628,541,639 1,061,247,592
1,356,031,296 5,571,678,096 7,901,843,984
Current Assets
stores, spares, lose stools 38,716,297 93,931,361 107,134,205
Stock-in-trade 174,625,644 684,805,793 1,021,155,966
Trade debts 37,729,967 77,969,418 129,704,758
Loans and Advances 21,528,308 48,480,455 75,943,368
Deposits, prepayments and receivables 10,460,090 141,347,588 489,877,664
Due from associated companies 2,025,419 39,247 1,093,586
Sales tax refundable-net 155,860,557 475,950,146 484,343,381
Income tax-net 58,795,819 252,909,058 500,867,832
cash and bank balance 52,960,265 333,539,919 1,195,301,690
552,702,366 2,108,972,985 4,005,422,450
1,908,733,662 7,680,651,081 11,907,266,434
FAUJI FOODS
INCOME STATEMENT
Finished Goods
Opening Stock 62,365,000 174,625,644 684,805,793
Ending Stock 174,625,644 684,805,793 1,021,155,966
2015
Net Sales 689,044,680
Total Assets 1,908,733,662
Asset Turnover 0.36
-966,919,814 -2,288,261,859
3,370,506,772 7,000,955,306
(0.29) (0.33)
7,680,651,081 11,907,266,434
700000000 700000000
10.97 17.01
(1.38) (3.27)
ENGRO FOODS LIMITED
For the Year 2015-2017
Balance Sheet December 31st
2015 2016
Equity and Liabilities
Equity
Share Capital and reserves 7,665,961 7,665,961.00
Share Premium 865,354 865,354.00
Employee share compensation reserve 595,144 433,982.00
Hedging Reserve -1,770.00 -
Remeasurement of post employement benefits -84,356.00 -73,958.00
Unappropriated profit 5,872,468.00 8,259,180.00
Non-Current Liabitilies
ENGRO FOODS
Income Statement
For the Year 2015-2017 (December 31st)
2015 2016
Finished Goods
Opening Stock 3,697,787 3,071,379.00
Ending Stock 3,071,379.00 3,763,898.00
D
st
2017
7,665,961.00
865,354.00 Net Sales
297,836.00 Total Assets
- Asset Turnover
-80,643.00
972,516.00 Net Income
Net Sales
9,721,024.00 Profit Margin
Total Assets
Average Shareholder Equity
4,000,000 Financial Leverage
1,287,314.00 Dupont
121,344.00
5,408,658.00
500,000
-
9,024.00
5,125,725.00
63,853.00
33,889.00
1,204,201.00
7,088,648.00
22,218,330.00
12,559,373.00
71,635.00
968,805.00
83,631.00
3,165.00
13,686,609.00
740,423.00
2,645,994.00
170,639.00
157,347.00
157,347.00
227,975.00
2,105,692.00
2,391,766.00
23,417.00
68,468.00
8,531,721.00
22,218,330.00
2017
34,653,486.00
-29,017,336.00
5,636,150.00
-3,933,248.00
852,099.00
121,870.00
358,541.00
1,087,474.00
-524,497.00
562,977.00
-183,680.00
379,297.00
0.49
0.49
850,000,000
3,763,898.00
2,645,994.00
2015 2016 2017
49,834,089.00 44,346,031 34,653,486.00
26,285,386.00 24,713,772.00 22,218,330.00
1.90 1.79 1.56
Equity
Non-Current Liabitilies
Total
Current Liabilities
Current portion of longterm Finances
Short term borrowings
Short term running finance
Customer securit deposits
Income Tax-net
Trade and other Payables
Inerest and markup accrued
Current Assets
stores, spares, lose stools
Stock-in-trade
Trade debts
Loans and Advances
Income tax-net
Sales tax refundable-net
Advances, deposits, prepayments and other receivables
Cash and bank balance
NESTLE PAKISTAN
INCOME STATEMENT
For The Year 2015-2017 (December 31st)
Sales
Cost of Sales
Gross loss/Profit
Distribution cost
Administrative Expenses
Profit from operations
Finance cost
Other Operating Expenses
Other Income
Profit before taxation
Taxation
Profit after taxation
Loss per share-basic
Loss per share-Diluted
Finished Goods
Opening Stock
Ending Stock
2015 2016 2017
1,047,750.00 0 116343
3,000,000.00 4,345,157 11845986
2,013,120
2,461,648.00 513908
240,843
221,305.00 260369
1,458,740
1,576,345.00 1150297
24,920,599
16,752,543.00 26231936
83,521.00 48,888 146856
NESTLE PAKISTAN
INCOME STATEMENT
e Year 2015-2017 (December 31st)
2015 2016 2017
102,985,916.00 112392654 122214698
-68,859,344.00 -72609392 -77,458,749
34,126,572.00 39783262 44,755,949
-15,411,236.00 -17875408 -18,406,725
-2,397,996.00 -2760186 -2,741,743
16,317,340.00 19147668 23,607,481
1,724,420.00 -959005 1,095,630
-2,210,540.00 -1563496 -1,837,203
-2522501 -2,932,833
137,742.00 394753 313,857
12,520,122.00 17019920 20,988,505
-3,759,192.00 -5172947 -6,346,723
8,760,930.00 11846973 14641782
193.18 261.23 323
193.18 261.23 323
Formula Quic
5.00
Companies 2015 2016 2017 4.50
Fauji foods 1.074 1.299 4.418 4.00
Engro Foods 3.136 3.812 2.739 3.50
1.550 1.178 1.036 3.00
Nestle
2.50
2.00
1.50
Inventory turnover 1.00
COGS/Average 0.50
Formula Inventory 0.00
2015 2016
Net P
EPS
0.200
net income / No. of
Formula shares 0.100
0.000
-0.1002015 20
Companies 2015 2016 2017
-0.200
Fauji foods 0.1515 -1.3813 -3.2689
-0.300
Engro Foods 0.0037 0.0028 0.0004 -0.400
Nestle 0.117 0.158 0.195
ROA
net income/total
Formula assets 0.300
0.200
Companies 2015 2016 2017
0.100
Fauji foods 0.056 -0.126 -0.192
Engro Foods 0.120 0.097 0.017 0.000
2015 201
Nestle 0.178 0.233 0.251 -0.100
-0.200
ROE
-0.300
net income/common
Formula equity
Companies 2015 2016 2017
Fauji foods 0.232 -2.196 -1.568
4.000
Engro Foods 0.212 0.139 0.039
3.000
Nestle 0.693 1.344 3.159
2.000
Price Earning Ratio 1.000
Formula share price / EPS 0.000
2015
-1.000
Companies 2015 2016 2017
-2.000
Fauji foods 65.992 -7.239 -3.059
-3.000
Engro Foods 2687.785 3561.385 22409.879
Nestle 85.607 63.307 51.223
25000.000
15000.000
10000.000
25000.000
20000.000
market
capitalization/book 15000.000
Formula value
10000.000
Companies 2015 2016 2017
5000.000
Fauji foods 30.022 3.123 0.737
Engro Foods 569.980 495.612 874.393
0.000
Nestle 59.346 85.111 161.835 2015
-5000.000
Book value
(total assets-total
Formula liabilities)
1000.000
Companies 2015 2016 2017 900.000
Fauji foods 233165206.0 2241540073.0 9498445266.0
800.000
700.000
Engro Foods 14912801.0 17150519.0 9721024.0 600.000
500.000
Nestle 12637762.0 8812052.0 4634340.0
400.000
300.000
200.000
100.000
0.000
2015
Book V
10000000000.0
9000000000.0
8000000000.0
7000000000.0
6000000000.0
5000000000.0
4000000000.0
3000000000.0
2000000000.0
1000000000.0
0.0
2015 2016
Current Ratio
Nestle
Engro Foods
Fauji foods
5 2016 2017
Quick ratio
Fauji foods
Engro Foods
Nestle
Fauji foods
-4.000
Average Collection Period Engro Foods
Nestle
-6.000
-8.000
Fauji foods
Engro Foods
-10.000
Nestle
-12.000
15 2016 2017
Total Asset Turnover
2.500
2.000 Fauji foods
1.500 Engro Foods
Nestle
1.000
0.500
0.000
2015 2016 2017
Debt Ratio
1.000
0.800 Fauji foods
0.600 Engro Foods
Nestle
0.400
0.200
0.000
2015 2016 2017
TIE
15.000 Fauji foods
10.000 Engro Foods
5.000
0.000 Nestle
-5.0002015 2016 2017
-10.000
-15.000
ROE
4.000
3.000
2.000 Fauji foods
Engro Foods
1.000 Nestle
0.000
2015 2016 2017
-1.000
-2.000
-3.000
Price Earning Ratio
25000.000
20000.000
20000.000
5000.000
0.000
2015 2016 2017
-5000.000
Market/Book Ratio
1000.000
900.000
800.000
700.000 Fauji foods
600.000 Engro Foods
500.000 Nestle
400.000
300.000
200.000
100.000
0.000
2015 2016 2017
Book Value
000.0
000.0
000.0
000.0 Fauji foods
000.0 Engro Foods
000.0 Nestle
000.0
000.0
000.0
000.0
0.0
2015 2016 2017
urnover
2017
Fauji foods
Engro Foods
Nestle
2017
Fauji foods
Engro Foods
Nestle
2015 2016
Current Raio 8.709 0.400
Fauji
Quick Ratio 1.074 1.299
Liquidity Current Raio 1.502 1.918
Engro
Quick Ratio 3.136 3.812
Current Raio 0.717 0.592
Nestle
Quick Ratio 1.550 1.178
Industry CR 3.64 0.97
2015 2016
Fauji Inventory Turnover -5.83 -1.61
Average Collection
Period 19.986 8.443
Average Collection
1.12 1.83
Period
2015 2016
Debt Ratio 0.841 0.687
Fauji
Times Interest Earned 4.335 10.057
Debt
Debt Ratio 0.364 0.241
Engro
Debt
Times Interest Earned 5.014 -10.107
Nestle
Times Interest Earned 5.081 -12.353
2015 2016
Fauji Gross Profit Margin -0.0018 0.0313
Operating Profit
0.20 -0.41
Margin
Net Profit Margin 0.15 -0.29
Earnings Per Share 0.1515 (1.3813)
Return on Total Assets
0.06 -0.13
Return on Common
Equity 0.23 -2.20
Return on Common
0.21 0.14
Equity
Nestle Gross Profit Margin 0.33 0.35
Operating Profit
0.16 0.17
Margin
Net Profit Margin 0.09 0.11
Earnings Per Share 0.117 0.158
Return on Total Assets
0.178 0.23
Return on Common
0.69 1.34
Equity
Inustry CR 0.17 -0.08
2015 2016
11.73
6.762
activity
0.59 0.46
25.00
Inventory Turnover
Inventory Turnover
Industry CR
-5.83 -6.67 -5.00
-10.00
2.33 1.76
-15.00
2.09 2.13
-0.86 -0.34
Nestle
2017 Average
0.198 0.575
Debt
6.932 7.108
15.000
10.000
5.000
Debt
15.000
-15.000
2017 Average
0.0267 0.0187
-0.37 -0.1922
0.03 0.0740
1.0000
0.01 0.0427
0.0004 0.0023
0.0000
Operating Profit Margin
0.19 0.1740
-3.0000
0.12 0.1034
Fauji
Engro
Profitability
0.195 0.1567
-4.0000
0.25 0.2207
3.16 1.7324
-0.06 0.0100
2017 Average
0
161.835342249382 102.0973
Price Per Market Per Price Per Market Per Price Per Market Per Industry
-5000 Earning Book Ratio Earning Book Ratio Earning Book Ratio CR
3915.83488277858 1733.058 Ratio Ratio Ratio
Fauji Engro Nestle
Market
2015
2016
2017
Average
nt Quick Industry
Ratio CR
Nestle
2015
2016
2017
Average Collection Period
Industry CR
Average
Nestle
2015
2016
2017
Gross Profit Margin
Debt Ratio
Operating Profit Margin
Times
Nestle
Earned
Interest
Engro
Profitability Earnings Per Share
Industry CR
Profitability
Return on Common Equity
Average
Inustry CR
2017
2016
2015
Average
2015
2016
2017
Average