COMPARISONS BEFORE AND AFTER RESTATEMENTS

1. Statement of Financial Position 2013 (BEFORE RESTATEMENTS)

Statement of Financial Position 2013 (AFTER RESTATEMENTS)

In 2013, there is an increase in

total assets after restatements,
from 696.946.318 become
699.478.000. This happens
because there is a slightly
increase in non-current assests
for 2.3%. Total Long term
liability also increase for
27,4% that simultaneously
increase the total liabilities
after restatements. This
changes affect the leverage
ratio, liabilities to total asset
ratio, return on total assets.
 2. Statement of Financial Position 2014 (BEFORE RESTATEMENTS)

Statement of Financial Position 2013 (AFTER RESTATEMENTS)

In 2014, after the restatements

there is a decrease in total
assets from 716.599.526 to
711.056.000. This happens
due to a decrease in
receivables and non-current
assets. In the other hand, there
is an increase of long term
liability after the restatements
but a decrease of retained
earnings off set the increase in
liability. This changes affect
current ratio, quick ratio,
leverage ratio, liabilities to
total asset ratio, and return on
total assets.
 3. Statement of Comprehensive Income 2014 (BEFORE RESTATEMENTS)

Statement of Comprehensive Income 2014 (AFTER RESTATEMENTS)

After restatements, there is a huge increase of sales reported in the statement of profit and
loss that increase the amount of the gross profit at the same time. But overall there’s only a
slightly increase of profit for 2014. The changes after restatements will affect PT Merck financial
performance ratio such as change in sales, change in comprehensive income, and return on sales.