Financial Accounting Balance Sheet & Income Statement

Presented By :Rohit Maini Rishi Kalantri Udit Bubna Vaibhav Aggarwal Samidha Samridhi Madaan Shikha

Balance Sheet and P&L Analysis

Infosys

Balance Sheet
Shareholders Capital has increased by 2.22% from 135cr (2005) to 138cr (2006).
Signifying that company may have come out with public issue.

Since company made profits Reserves & Surplus has increased by 34.14% YoY. Long Term Liabilities decreased by 27.65% YoY
Company has paid back part of Loans etc.

Increase in Fixed Assets by 31.11% viz. previous year.

Company has purchased some machinery or equipments.

Work In Progress has increased by huge percent i.e. 79.24%

Company has to incur great costs due to greater WIP.

Decline in level of Investments by 37.65% compared to previous year.

Reflects that company has sold its investments made in mutual funds, shares or property.

Infosys

Balance Sheet
Debts to company have increased by 21.36%.
Signifies increase in credit sales.

Cash Balances has increased by 117.5% in 2006.

Could be due to the sale of investments or assets.

Increase in Loan & Advances from previous year by 26.66%.

Could be result of prepaid expenses towards rent, salary, taxes and insurance.

Increase in Current Liabilities by 42.37%

Could be due to increase in creditors, Bills Payable or short term loans.

There is an increase in Net Current Asset or Working Capital by 60.28%.

Infosys
P&L
Companys performance is on the up
Total revenues for the company has increased significantly in 2006 by 25.%%

Due to increase in sales, operating expenses for the company has increased by 29.58%

There has been a steep increase in Net Income, It has increased by 34.3%

Software development expenditure has also increased.

Gross Profit has increased by 32%.

Raymond
Balance Sheet
Shareholders funds are unchanged
Since company did not issue any public offer.

Reserves and Surplus Increases

Companies profits increase by 8.90% YoY.

Secured Loans increases by 54.45%, Increase in Unsecured Loans by 28%,

Company might have mortgaged some asset or fixed deposit.

Increase in Deferred Tax Liability by 21.47 %

Company has done transactions in current accounting period which will be taxable in future.

Increase in Net Block by 45.07%

Reflects purchase of assets in the currents year by the company.

Raymond
Balance Sheet
Inventory has increased for the company.
Work In Progress have increased 2 folds in the current year Inventories have piled up in current year as compared to previous one by almost 20%.

Company debtors have increased by 14.4%

This could be due to increase in Credit Sales by the company.

Increase in Cash and bank balances

Due to interest received from debtors or investments.

Current assets have increased by 24% due to advances.

Due to accounts receivable and prepaid expenses such as advances given to employees/ payment of rent in advance.

Company was able to maintain healthy working capital.

This can be utilized in operational expenses .

Raymond
P&L
Effectiveness in its working has helped Raymond to post impressive increase in Operating Revenues by 18.36% Income from other sources has also increased.
While the Operating expenses have increased.
The rate of increase of Operating Expenses is less than the rate of increase in Operating revenue, hence efficiency for the company has improved.

Profit after tax for company has shown a tremendous growth of 63.46% YoY.

Blue Dart
Balance Sheet
No change in shareholders equity in current year
as company did not issue any public offer.

Increase in Reserve & Surplus by 26.7%

Profits increased in the year 2006 and companys performance have been good.

Secured loan amount declined in 2006 as compared to 2005

Company repaid 118 million bank loans in current year. Unsecured loan also vanished in the year 2006, so there is no burden of interest.

Decrease in the value of Net Assets by 6.08%

Blue Dart
Balance Sheet Current Asset reflects that debtors have increased by 32.33%. Cash balance has also increased
The company has given advances this year more by 91 million

Cash & Bank balances increased

Probable reasons-sales increased or asset sold off

Liabilities have increased by 165 million

This could be because of more credit sales in current year.

Blue Dart
P&L
Operating Income has increased by 58%. Employee Cost & Bad debts for the company have increased. There has been an increase in sales resulting in increase in handling costs by almost 72.86%. Profit Before Tax has increased by 66.62% while in comparison Profit After Tax has increased by only 15.26%.

Hindustan Unilever Ltd.

Balance Sheet
There is no change in equity share capital . Slight increase in Reserve & Surplus by 1.6%
This shows increase in profits

Secured Loan for Hindustan Lever has decreased by 97%

This shows that Hindustan Lever has repaid majority part of the bank loan. Unsecured loan has also been repaid by the company.

Increase in net assets of Hindustan Lever as company has bought assets. Company has sold the investments in current year.

Hindustan Unilever Ltd.

Balance Sheet
Cash and Bank balances declined in 2006 by 17.22%. There has been a decline in Cash and Bank Balances (362Cr.) This could be because company repaid major chunk of Secured Loans. There has been a decline in companys inventory to the effect of Rs. 167 Cr. Liabilities of the company has increased by 12.20% YoY. This could be due to increase in credit purchase by the company. Working Capital for the company has considerably increased by Rs.975 Cr.

Hindustan Unilever Ltd.

P&L
Gross Sales have increased by 7.8%.
Though Net Sales have increased by 9.22%.As excise charged is less.

Also total expenses have increased by 9.03% mainly due to rise in rent, raw materials & advertising exp.

Profit After Tax has increased by 12.20%.

Thank You