XYZ Company

PROFIT AND LOSS ACCOUNT FO

(Amount in Rs)

Particulars
REVENUE
Sales
EXPENSES
Direct Expenses
Raw materials Consumption
Labour Charges
Other overhead expenses
Depreciation Expenses
Cost of goods sold
Gross Profit
Admin & Sales Expenses
General Expenses
Interest on Bank OD
Printing & Stationary
Selling and Dis Expenses
Total Expenses
Operating Income
Other Income
Interest On Fixed Deposits
Other Income
Profit Before Tax
Income tax
Net Profit
SS ACCOUNT FOR THE YEAR ENDED

2015 2016 2017

9,167,041 11,057,322 14,102,864

1,833,408 2,432,610.84 2,538,515.52

641,693 774,013 987,200
733,363 884,586 1,128,229
2,150,000 2,675,000 3,632,767
5,358,464 6,766,209 8,286,712
3,808,577 4,291,113 5,816,152

193,330 358,141 331,243

375,000 300,000 225,000
75,825 91,480 105,236
458,352 552,866 705,143
1,102,507 1,302,487 1,366,622
2,706,070 2,988,626 4,449,530

75,000 75,000 75,000

5,000 3,000 7,000
2,786,070 3,066,626 4,531,530
835,821 919,988 1,359,459
1,950,249 2,146,638 3,172,071
XYZ COMPANY

BALANCE SHEET AS ON 31 DEC

(Amount in Rs)

Particulars
ASSETS
1. Current Assets
Cash in Hand
Cash at Bank
Inventories
Accounts Receivable
Bills of Exchange
Prepaid Expenses
2. Investments
Fixed Deposits in Banks
3. Fixed Assets (Net off Depreciation)
Motor Vehicles
Furniture & Fixtures
Machinery and equipment
Land
Buildings
Total Assets
LIABILITIES
1. Current Liabilities
Accounts Payable
Bills payable

Accrued Expenses
Income Tax Payable
Bank OD
2. Long term Liabilities
Term Loans (Long Term)
Total Liabilities
Stockholders Equity
Share Capital
Retained Earnings
P & L Balance
Total stockholders Equity
Total
Note:
Closing Balances as on 31-12-2014
ON 31 DEC

2015 2016 2017 2014

105,855 125,875 98,750

1,595,118 1,487,520 1,196,786
755,251 1,125,110 1,525,411 658,480
2,291,760 2,764,331 3,819,526 2,105,620
465,000 625,000 850,000
275,785 325,525 420,154

1,500,000 1,500,000 1,500,000

1,992,500 1,817,500 2,282,500

664,500 454,500 244,500
1,597,500 832,500 260,623
10,500,000 10,500,000 10,825,000
646,100 1,871,100 2,181,100
22,389,369 23,428,961 25,204,349 20,895,810

534,744 681,868 581,743 728,512

250,000 315,000 385,000

155,200 125,780 175,056

625,571 835,821 919,988
2,500,000 2,250,000 2,000,000

5,000,000 3,750,000 2,500,000

9,065,515 7,958,469 6,561,787

10,000,000 10,000,000 10,000,000

1,373,605 3,323,854 5,470,492
1,950,249 2,146,638 3,172,071
13,323,854 15,470,492 18,642,563
22,389,369 23,428,961 25,204,349
- - -
Total Accounts/ Bills
Assets Inventories Receivables Payables
20,895,810 658,480 2,105,620 728,512
Calculation of Ratios 2015

1. Asset Turnover Ratio= Net Revenue/ Average Total Assets 0.4235648881

Average Total assets 21,642,590

2. Inventory Turnover Ratio= COGS/Average Inventory 7.580599138

Average Inventory 706865.5

Inventory Velocity 48.149228492

3. Receivables Turnover Ratio= Net sales/Average Receivables 4.1693194584

Average Receivables 2198690

Receivables Velocity 87.544263192

4. Payables Turnover Ratio= Net sales/ Average Payables 14.513354379

Average Payables 631628

Payables velocity 25.149251541

 2016 2017

0.48265932 0.5799673

22909165 24316655

7.19671276 6.2528929

940180.5 1325260.5

50.7176001 58.372981

4.37386194 4.2840736

2528045.5 3291928.5

83.4502791 85.199283

18.1772365 22.321528

608306 631805.5

20.0800601 16.351927