income statement

year 2000

year 2001

year2002

year 2003

sales
cost of sales
openig stock
purchases
closing stock

1,500,000

1875000

2343750

2929688

0
600000
-60000

60000
780000
-72000

72000
1014000
-86400

86400
1318200
-103680

cost of goods sold

540,000

768000

999600

1300920

gross profit

960,000

1107000

1344150

1628768

operting expense
Depreciation
profit before int&tax
interest
profit after interest
tax

-300,000
-156000
504000
-49600
454400
-68160

-330000
-156000
621000
-42840
548160
-82224

-363000
-156000
825150
-36080
789070
-118360

-399300
-156000
1073468
-30420
1043048
-156457

profit after tax
Dividend

386240
-19312

465936
-46593

670710
-67071

886590
-88660

profit carried forward

366928

835085

603639

797930

profit brought forward

0

366928

1202013

1805652

Retain profit

366928

1202013

1805652

3186263

cash flow statement
sun light candles co.
cash flow from operating activities
Year 2000
504000
156000
660000
-300000
60000
-60000
-49600
-68160

year 2001
1077000
156000
1233000
-75000
18000
-12000
-42840
-82224

year 2002
981150
156000
1137150
-93750
23400
-14400
-36080
-118360
40000

year2003
1229468
156000
1385468
-117188
30420
-17280
-30420
-156457
40000

242240

1038936

937960

1134543

-43952
-16000
-60000

-80331
-16000
-60000

-101919
-16000
-60000

2040688

-119952

-200,000
-356,331

-1177919

722928

918984

581629

956624

opening balance

0

722928

1,641,912

2223541

closing balance

722928

1641912

2223541

3180165

EBIT
Depreciation
increase in recieveable
increase in payables
increase in stock
interest Paid
tax paid
interest received

cash flow from Investing Activities
purchase of land
purchase of palnt
purchase of Pick up
purchase of furniture
purchase of c.system

-500000
-360000
-350000
-200000
-150000
-1560000
cash flow from Financing activities

share capital
dividend
ABM AMRO loan
HBL laon

1,500,000
-19312
160000
400000

investment in bank securites

net cash

Balance sheet
sun Light candle co.
year 2000 year2001

year 2002 year2003

items
Current assets
Cash
stock
debtors

722928
60000
300000

1641912
72000
375000

2223541
86400
468750

3180165
103680
585938

500000
-50000
450000
150000
-15000
135000
200000
-20000
180000
350000
-35000
315000
360000
-36000
324000

500000
-100000
400000
150000
-30000
120000
200000
-40000
160000
350000
-70000
280000
360000
-72000
288000

500000
-150000
350000
150000
-45000
105000
200000
-60000
140000
350000
-105000
245000
360000
-108000
252000

500000
-200000
300000
150000
-60000
90000
200000
-80000
120000
350000
-140000
210000
360000
-144000
216000

2486928

3336912

0
60000

78000

23400

30420

160000
400000

144000
360000

129600
306000

116640
260100

1500000

1500000

fix assets
land
depreciation of land
total
computer system
depreciation of c.system
total
furniture
depreciation on furniture
total
pickup
dep. On pickup
total
plant
dep. On plant
total
long term investment
investment in bank
total assest

200000

current liabilities
Interest payable
account payable
long term liabilities
ABM Loan
HBL loan
owner equity
capital
drawing
net profit

366928

total libilities

2486928

1202013

1805652

-25000
3186263

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