Comparative analysis

Comparative analysis of income statement

Particulars

Year 1

Year 2

Net Sales
Less: Cost of goods sold
GROSS PROFIT
Less operating expanses
Net Profit before interest
Less interest
Net profit after interest
Add: Non operating income

10000000
8000000
2000000
500000
1500000
200000
1300000
200000

11000000
8400000
2600000
600000
2000000
200000
1800000
200000

NET PROFIT BEFORE

TAX
Less : income tax
Net profit after tax

1500000

2000000

750000
750000

1000000
1000000

Liabiliti 2003
es
Capital
Bank

2004

Assets

2003

2004

71750 59500 Fixed

52500 43750
assets
14000 10500 Investmen 3500 1750

loan
Sundry
creditor

ts
38500 35000 Stock in
trade
Sundry
debtors
Loans and
advance
Cash and
bank
12425 10500
0
0

21000 17500
31500 26250
14000 14000
1750

1750

12425 10500
0
0