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Panasonic Corporation Common ST (PC)

Income Statement
Period Ending March 31, 2010
% of Sales
Operating Revenue 79,387,628.
(Revenue/Sales) 00
79,387,628. 100.00%
Total Revenues 00
53,968,204. 100.00%
Cost of Sales with 00
57,160,306. 67.98%
Depreciation 00
25,419,424. 72.00%
Gross Margin 00
25,419,424. 32.02%
Gross Operating Profit 00 32.02%
Selling, Gen. & 20,189,083.
Administrative Expense 00
2,038,238.0 25.43%
Operating Income 0 2.57%
Operating Income b/f 5,230,340.0
Depreciation (EBITDA) 0
3,192,101.0 6.59%
Depreciation
Operating Income After 0
2,038,238.0 4.02%
Depreciation 0 2.57%
Interest Income
Earnings from Equity 132,148.00 0.17%
Interest (N/A )
(2,203,735. N/A
Other Income, Net 00) -2.78%
Other Special Charges (N/A ) N/A
Special Income/Charges (N/A ) N/A

Total Income Avail for


Interest Expense (EBIT) (33,347.00) -0.04%
Interest Expense 275,235.00
(308,583.00 0.35%
Pre-tax Income (EBT) )
1,517,904.0 -0.39%
Income Taxes 0
(719,199.00 1.91%
Minority before
Income InterestIncome )
(313,730.00 -0.91%
Taxes ) -0.40%

Net Income from (1,107,288.


Continuing
Net Income Operations
from Total 00)
(1,107,288. -1.39%
Operations 00)
(1,107,288. -1.39%
Total Net Income 00) -1.39%
Panasonic Corporation Common ST (PC)
Income Statement
Period Ending March 31, 2010
% of Total Assests
Balance Sheet -
Assests
Current Assets 11,878,339.
Cash and Equivalents 00 13.28%
Marketable Securities 984,931.00
12,148,651. 1.10%
Accounts Receivable 00 13.58%
Loans Receivable 792,251.00
(258,540.00 0.89%
Other Receivable 12,682,363.) -0.29%
Receivables 00
2,748,223.0 14.18%
Raw Materials 0
1,709,107.0 3.07%
Work in Progress 0
5,320,558.0 1.91%
Finished Goods 0
9,777,889.0 5.95%
Inventories 0
5,409,011.0 10.93%
Other Current Assets 0
40,732,534. 6.05%
Total Current Assets 00
4,188,720.0 45.54%
Land & Improvements 0
18,917,744. 4.68%
Building & Improvements
Machinery, Furniture & 00
24,653,606. 21.15%
Equipment 00
1,378,702.0 27.56%
Construction in Progress 0
49,138,773. 1.54%
Total Fixed
Gross FixedAssets
Assets (Plant, 00
49,138,773. 54.94%
Prop. & Equip.)
Accumulated Depreciation & 00
28,205,329. 54.94%
Depletion 00
20,933,443. 31.53%
Net Fixed Assets (Net PP&E) 00
6,473,298.0 23.40%
Intangibles 0
9,878,007.0 7.24%
Cost in Excess 0
11,431,100. 11.04%
Other Non-Current Assets 00
48,715,849. 12.78%
Total Non-Current Assets 00
89,448,383. 54.46%
Total Assets 00 100.00%

Balance Sheet - 10,829,730.


Accounts Payable
Liabilities, 00 12.11%
Notes Payable Equity
Stockholders 636,943.00
3,200,599.0 0.71%
Short Term Debt 0 3.58%
Accrued Expenses (N/A )
10,856,410. NA
Accrued Liabilities 00 12.14%
Deferred Revenues 685,423.00
3,926,412.0 0.77%
Other Current Liabilities 0
30,135,520. 4.39%
Total Current Liabilities 00
11,011,643. 33.69%
Long Term Debt 00
8,920,087.0 12.31%
Other Non-Current Liabilities 0
9,495,772.0 9.97%
Minority Interest 0
29,427,504. 10.62%
Total Non-Current Liabilities 00
59,563,024. 32.90%
Total Liabilities 00
29,885,359. 66.59%
Common Stock Equity 00
2,769,049.0 33.41%
Common Par 0
13,942,883. 3.10%
Additional Paid
Cumulative In Capital
Translation 00
(3,774,068. 15.59%
Adjustment 00) -4.22%
25,144,338.
Retained Earnings 00
(7,173,908. 28.11%
Treasury Stock 00)
(1,022,934. -8.02%
Other Equity Adjustments 00)
40,897,003. -1.14%
Total Capitalization 00
29,885,359. 45.72%
Equity
Total Liabilities & Stock 00
89,448,383. 33.41%
Equity 00 100.00%
(Panasonic Corporation Common St (PC) )
(Cash Flow )
(Period Ending March 31, 2010 )
(1,826,487.
Net Income (Loss) 00)
3,192,101.0 ###
Depreciation 0
Deferred Income Taxes 895,612.00 1,827,000
Operating (Gains)
(Increase) Losses
Decrease in (54,976.00)
(1,283,882. 1,988,000
Receivables
(Increase) Decrease in 00)
1,076,369.0 618,000
InventoriesDecrease in Other
(Increase) 0
Current Assets
(Increase) Decrease in 258,465.00 ###
Payables
(Increase) Decrease in Other 895,965.00
1,171,329.0 (7,000)
Curr Liabs. 0
(Increase) Decrease in Other
Working Capital 186,665.00
1,078,874.0 (433,000)
Other
Net Non-Cash
Cash Items
from Continuing 0
5,590,036.0 (53,000)
Operations
Net Cash from Operating 0
5,590,036.0 (610,000)
Activities
Sale of Property, Plant, 0
1,261,312.0 (61,000)
Equipment 0
Long Term
Sale of Short Term Investments 656,057.00
1,131,378.0
Investments
Purchase of Property, Plant, 0
(4,020,205.
Equipment 00)
(1,870,804.
Acquisitions
Purchase of Long Term 00)
Investments
Purchase of Short Term (94,766.00)
Investments (68,161.00)
(458,625.00
Other
Net Investing
Cash from Changes
InvestingNet )
(3,463,816.
Activities 00)
Issuance of Debt 569,049.00
Issuance of Capital Stock 246.00
(622,217.00
Repayment of Debt )
Repurchase of Capital Stock (770.00)
(433,454.00
Payment of Cash Dividends )
(122,581.00
Other
Net Financing
Cash Charges, Net
from Financing )
(609,728.00
Activities
Effect of Exchange Rate )
Changes
Net Change in Cash & Cash (60,530.00)
Equivalents (1,455,96 )
(Panasonic Corporation (PC) )
(Financial Ratios )

Ratios:
Long-Term Debt to Equity
52.00
Long-term Debt = 11,011,643. 0.19
%
Shareholders Equity 00
29,885,359.
00
Industry Average: 28%

ROE
(1,107,288.
Net income = 00) -3.71 ###
Shareholders Equity 29,885,359.
00
Industry Average: 6%

Net Profit Margin


(1,107,288.
Net Income 00)
= 79,387,628. -0.01 ###
Revenue 00

Industry Average: 2.6%

P/E ratio
-
Market Value per share= 13 -3.18 3.18
Earnings per share -4 %

Industry Average: 53.3%


( Panasonic Corporation (PC) )
(Valuation Analysis )

Expected Return
Err:50
P0= Dividend 9
Price per share

Required Return

Rrf + Rm [Stock's Beta]


16%+8.64%(82%)=20.05%
20% Ks=20.05%