A

2
3
4 NAME OF COMPANY
5
FIRST CALENDAR YEAR OF
6 DATA
7
8 NUMBER OF YEARS OF DATA
9
10
11
12
13
14
15
16
17
18
19
20
21
22

INCOME STATEMENT
Sales Revenue
Less: Cost of Goods Sold
Gross Profits
Less: Operating Expenses:
Selling & Distribution Expense
Administrative Expense
Total Operating Expenses

Operating Profits
Less: Interest Expense
Add: Non-Operating Income
Less: Workiers' P.P. Fund &
23 Welfare Fund
24 Net Profits Before Taxes
25 Less: Taxes
26 Net Profit After Taxes
27 Less: Pref. Stock Divds.
Earnings Available for Common
28 Stockholders
29
30
31 BALANCE SHEET
32 Current Assets:
33 Cash
34 Marketable Securities
35 Accounts Receivable
36 Inventories
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65

FINANCIAL ANALYSIS MODEL

Total Current Assets

Gross Fixed Assets (at cost):
Land & Buildings
Machinery and Equipment
Furniture & Fixtures
Vehicles
Other
Total Gross Fixed Assets
Less: Accumulated Depreciation
Net Fixed Assets
Other Assets
Total Assets
Current Liabilities:
Accounts Payable
Bank overdraft & term loan
Accruals
Proposed Dividend
Provision for Income Tax
Inter company liabilities
Total Current Liabilities
L / T Debt
Total Liabilities
Reserves
Common Stock
Paid-In Capital In Excess of Par
Retained Earnings
Total Stockholders' Equity
Total Liabs. & Stockhldrs' Equity

ADVANCED CHEMICAL INDUSTRIES LIMITED

2
3

2
$1,410,616,965
$1,008,251,491
$402,365,474

3
$1,637,408,231
$1,184,074,252
$453,333,979

4
$2,052,913,536
$1,422,247,548
$630,665,988

$243,904,898
$49,956,425
$293,861,323
$108,504,151
$25,586,687
$16,758,624

$263,789,496
$54,489,098
$318,278,594
$135,055,385
$24,608,083
$33,103,898

$413,823,337
$59,958,374
$473,781,711
$156,884,277
$37,708,125
$53,037,092

$4,746,481
$94,929,607
$30,800,000
$64,129,607
$0

$6,835,772
$136,715,428
$45,000,000
$91,715,428
$0

$8,610,662
$163,602,582
$54,421,914
$109,180,668
$0

$64,129,607

$91,715,428

$109,180,668

$40,468,443
$89,840,000
$69,797,068
$472,008,181
$672,113,692

$123,165,593
$127,588,791
$67,418,851
$471,281,671
$789,454,906

$117,715,951
$161,696,791
$112,487,238
$590,179,560
$982,079,540

$116,618,264
$138,939,729
$15,032,824
$42,715,644
$37,108,997
$350,415,458
$132,752,829
$217,662,629
$122,384,578
$1,012,160,899

$122,175,823
$145,558,577
$15,738,957
$44,760,978
$38,888,165
$367,122,500
$155,677,581
$211,444,919
$194,310,348
$1,195,210,173

$108,805,914
$182,436,787
$26,246,312
$41,445,917
$56,354,819
$415,289,749
$180,722,414
$234,567,335
$331,696,873
$1,548,343,748

2
$25,794,379
$252,643,020
$87,542,988
$56,595,000
$3,971,282
$32,082,103
$458,628,772
$37,424,447
$496,053,219
$66,802,108
$161,700,000
$250,022,474
$37,583,098
$516,107,680
$1,012,160,899

3
$53,439,680
$325,818,180
$116,570,142
$60,637,500
$21,833,985
$31,620,620
$609,920,107
$38,104,458
$648,024,565
$65,639,552
$161,700,000
$250,022,474
$69,823,582
$547,185,608
$1,195,210,173

4
$90,428,199
$501,191,864
$133,258,072
$60,637,500
$67,833,985
$53,887,959
$907,237,579
$50,722,643
$957,960,222
$61,431,026
$161,700,000
$250,022,474
$117,230,026
$590,383,526
$1,548,343,748

66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101

A
Reconciliation TA & TL/SE
Number of Common Shares
End-of-Year Stock Price
RATIO ANALYSIS
Current Ratio
Quick Ratio
Cash Ratio

B
$0
16,170,000
$50.50

C
$0
16,170,000
$55.30

D
$0
16,170,000
$54.20

1.47
0.44
0.28

1.29
0.52
0.41

1.08
0.43
0.31

2.14
17.81
6.48
1.39

2.51
14.82
7.74
1.37

2.41
19.73
8.75
1.33

0.49
0.07
4.24

0.54
0.07
5.49

0.62
0.09
4.16

Gross Profit Margin

Operating Profit Margin
Net Profit Margin

28.52%
7.69%
4.55%

27.69%
8.25%
5.60%

30.72%
7.64%
5.32%

Return on Total Assets (ROA)

Return on Equity (ROE)

6.34%
12.43%

7.67%
16.76%

7.05%
18.49%

$3.97

$5.67

$6.75

Inventory Turnover
Average Collection Period
Fixed Asset Turnover
Total Asset Turnover
Debt Ratio
Debt-to-Equity
Times Interest Earned

Earnings Per Share

Price/Earnings Ratio
DUPONT ANALYSIS
Net Profit AT/Sales
Sales/Total Assets
ROA
Net Profit AT/Total Assets
Total Assets/Stockhldrs. Equity
ROE

12.73

9.75

8.03

4.55%
139.37%
6.34%
6.34%
196.11%
12.43%

5.60%
137.00%
7.67%
7.67%
218.43%
16.76%

5.32%
132.59%
7.05%
7.05%
262.26%
18.49%

Sheet2

Admin Exp
less: Dep

12603273
574728
12028545
1775394

Sell Exp
less: Dep

75346283
1200666
74145617

Page 3