CC Co.

Statements of Financial Position

As at December 31 HORIZONTAL
2018 2019
ASSETS
Current Assets
Cash on hand and in Bank 54,000 60,000 6,000
Accounts receivable 440,000 680,000 240,000
Merchandise inventory 105,000 70,000 (35,000)
Store and Office supplies 20,000 5,000 (15,000)
Total Current Assets 619,000 815,000 196,000
Noncurrent Assets
Property, Plant and Equipment, net 15,700,000 12,420,000 (3,280,000)
Investments 3,450,000 800,000 (2,650,000)
Total Noncurrent Assets 19,150,000 13,220,000 (5,930,000)
TOTAL ASSETS 19,769,000 14,035,000 (5,734,000)
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES
Current Liabilities
Accounts Payable 90,000 75,000 (15,000)
Accrued expenses 260,000 320,000 60,000
Interest payable 85,000 130,000 45,000
Total Current Liabilities 435,000 525,000 90,000
Noncurrent Liabilities
Loan payable 2,500,000 2,500,000 -
Total Liabilities 2,935,000 3,025,000 90,000
SHAREHOLDERS’ EQUITY
Share Capital, P400 par value 15,000,000 10,000,000 (5,000,000)
Retained Earnings 1,834,000 1,010,000 (824,000)
Total Shareholders’ Equity 16,834,000 11,010,000 (5,824,000)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 19,769,000 14,035,000 (5,734,000)
HORIZONTAL VERTICAL
2018 2019

11.11% 0.27% 0.43%

54.55% 2.23% 4.85%
-33.33% 0.53% 0.50%
-75.00% 0.10% 0.04%
31.66% 3.13% 5.81%

-20.89% 79.42% 88.49%

-76.81% 17.45% 5.70%
-30.97% 96.87% 94.19%
-29.01% 100.00% 100%

-16.67% 0.46% 0.53%

23.08% 1.32% 2.28%
52.94% 0.43% 0.93%
20.69% 2.20% 3.74%

0.00% 12.65% 17.81%

3.07% 14.85% 21.55%

-33.33% 75.88% 71.25%

-44.93% 9.28% 7.20%
-34.60% 85.15% 78.45%
-29.01% 100.00% 100.00%