1.

Download Nestle Annual report 2018-17 from this link

2. Reorganize Nestle India Financial Statements for 2018-17. U

3. Calculate the following ratios:

a. 2018 Sales growth
b. 2018 Current ratio
c. 2018 Debt to equity
d. 2018 Interest coverage ratio
e. 2018 Return on Equity
7 from this linkhttps://www.nestle.in/investors/stockandfinancials/annualr

ments for 2018-17. Use the format as shown in 'Nestle' sheet.

financials/annualreports

e' sheet.
486686073.xlsx / Nestle India 08/10/2020 15:26:29

Millions (Rs)

INCOME STATEMENT Dec-17 Dec-18

Sales
Other operating revenues
Excise Duties
Net Sales - -
Cost of Sales

Marketing & Other Operating Expenses

EBITDA - -
Depreciation
Amortization
EBIT - -
Other Income
Interest charges
Other non operating items
Earning Before Taxes (EBT) - -
Taxes
Net Income - -

BALANCE SHEET Dec-17 Dec-18

Cash and Cash Equivalents
Investments
Inventories
Trade Receivables
Other current assets
Current tax assets
Other non operating financial assets
Total Current Asset - -
Net PP&E
Other non-current assets
Investments
Loans
Total Assets - -

McKinsey Company Page 4 of 11

486686073.xlsx / Nestle India 08/10/2020 15:26:29

Millions (Rs)

Short Term Debt

Other Financial Liabilities
Trade Payables
Other current liabilities
Provisions
Total Current Liability - -
Long Term Debt
Deferred Tax Liability
Other non-current liabilities
Provisions
Equity
Total Liability - -
Balance sheet check - -

McKinsey Company Page 5 of 11

Nestle India
Millions (Rs)

INCOME STATEMENT Dec-17

Sales 101,351.1
Other operating revenues 570.7
Excise Duties (1,825.8)
Net Sales 100,096.0
Cost of Sales (43,268.0)

Marketing & Other Operating Expenses (35,221.2)

EBITDA 21,606.8
Depreciation (3,422.5)
Amortization -
EBIT 18,184.3
Other Income 1,769.2
Interest charges (919.0)
Other non operating items (640.9)
Earning Before Taxes (EBT) 18,393.6
Taxes (6,141.1)
Net Income 12,252.5

BALANCE SHEET Dec-17

Cash and Cash Equivalents 14,574.2
Investments 13,935.9
Inventories 9,024.7
Trade Receivables 889.7
Other current assets 169.6
Current tax assets 63.9
Other non operating financial assets 715.9
Total Current Asset 39,373.9
Net PP&E 27,103.4
Other non-current assets 832.3
Investments 5,852.8
Loans 463.5
Total Assets 73,625.9

Short Term Debt -

Other Financial Liabilities 3,140.2
TradePayables 9,846.4
Other current liabilities 1,065.9
Provisions 874.6
Total Current Liability 14,927.1
Long Term Debt 351.4
Deferred Tax Liability 1,219.6
Other non-current liabilities 6.0
Provisions 22,915.9
Equity 34,205.9
Total Liability 73,625.9
Balance sheet check -
CASH FLOW STATEMENT Dec-17
Net cash from operating activities 18,177.9
Capital expenditure on property, plant & equipment and intangible
assets including capital advances (1,985.6)
Free Cash Flow 16,192.3
 Dec-18
112,162.3
760.4
-
112,922.7
(45,902.3)

(40,459.4)
26,561.0
(3,356.7)
-
23,204.3
2,589.2
(1,119.5)
(384.5)
24,289.5
(8,220.2)
16,069.3

Dec-18
16,100.6
19,251.3
9,655.5
1,245.9
223.9
188.5
703.8
47,369.5
25,058.2
718.1
7,333.6
401.4
80,880.8

-
3,161.8
12,403.7
1,411.4
1,572.6
18,549.5
351.4
588.2
5.1
24,649.2
36,737.4
80,880.8
-
 Dec-18
20,524.5

(1,659.8)
18,864.7
Comments

Cost of materials consumed+Purchases of stock-in-trade+Changes in inventories

Employee benefits expense+Other expenses (exchange rate and deficit/surplus on fixed assets is ideally non
operating but considered operating due to small amount) +Net provision for contingencies

Impairment loss on property, plant and equipment+Corporate social responsibility expense

Bank Balances+Cash and cash equivalents

Loans+Other financial assets

Including Capital WIP

Non-operating
including other liabilities
Non-operating
Non-operating

Non-operating
Non-operating
Other Long term liabilities - TP

Non-operating
Ratio 2018
a. Sales growth 12.8%
b. Current ratio 2.55
c. Debt to equity 0.01
d. Interest coverage ratio n/m
e. Return on Equity 44%