Current assets

Cash and banks

Accounts receivaNe
Stocks
Total current assets
Fixed assets
Tangibe fixed assets
Deprecabe expenses
Total assets

1991

1992

1991

1992

73
654.757
220.319

88
968.407
258.922

1.6
13%

1509.5
10%

47%

59%

948

1,315,506

52%

81%

1.1

0.6

258.388

371.17

2.0

2.9

58.196

65.061

12.48

10.62

1264.513

1751.737

5%

5%

8%

6%

Cunent liabilities
Tax payaNe
Accounts payable
Sho.tterm debt
Total current liabdities
Long-term debt

8.084

6.676

436.442

519.927

134.72

344.88

579.246

871

257.98

427.56

110

110

284.873

317.287

32.414

25.427

1.264.513

1.751.737

Sharetiolders equity
Share capItal
Reserves
Retained eamlngs
Total liabilities and equity
Liquidity
Current (current
assets/current liabilities)
Acid-test (cash & banks +
AR/current liabtlities)
Cash (cash & banks/current
liabilities)

1.6
0.87
0.14

Days of cash (over total expenses) na

Solvency
Total ndebtedness (total
debtltotal habilities)
Quality of debt (short-term
debtllong-term debt)
Equity/debt
Leverage (total
liabilities/equity)

0.73
0.9
0.37
2.7

Management
Stock turnover

11.7

Customer turnover

5.18

Supplier turnover

4.86

Stock days (year of 360 days)

31

Collection period (year of 360

days)
Payment period (year of 360
days)
Gross margin (gross
margin/sa(es)
Net margin (EBIT/sales)

69
74
18.09
2.07

EBIT/total assets (ROA)

5.27

EBT/equity (ROE)

27.4

Cash flow/sales

0.04

Other data (in million ptas.)

Working capital
Breakeven

239
2.776

Industry
1.6 Current Ratio
14% Cash Ratio
73% Indebtness Ratio
90% Quality of debt
0.37 Equity / debt
2.7 Leverage Ratio
11.7 Stock Turnover
5% ROA
27.4 ROE

Liquidity
Current (current assets/current liabilities)
Acid-test (cash & banks + AR/current liabtlities)
Cash (cash & banks/current liabilities)

1.6
0.87
0.14

Days of cash (over total expenses) na

Solvency
Total ndebtedness (total debtltotal habilities)
Quality of debt (short-term debtllong-term debt)
Equity/debt
Leverage (total liabilities/equity)

0.73
0.9
0.37
2.7

Management
Stock turnover
Customer turnover
Supplier turnover
Stock days (year of 360 days)
Collection period (year of 360 days)
Payment period (year of 360 days)
Gross margin (gross margin/sa(es)
Net margin (EBIT/sales)
EBIT/total assets (ROA)
EBT/equity (ROE)
Cash flow/sales
Other data (in million ptas.)
Working capital
Breakeven

11.7
5.18
4.86
31
69
74
18.09
2.07
5.27
27.4
0.04
239
2.776