Ameer Hamza Butt 18102001-094 Submitted to: Ma’am Nimra Sohail

Osama Ahsan 18102001-087 Assignment # 1

Abubaker Shafique 18102001-129 08-04-2021

Vertical Analysis Horizontal Analysis

Analysis
2018 2017 2016 2018 2017 2016

51.2% 46.4% 58.6% 117.8% 107.5% 100%

0.02% - - - - -
5.53% 2.8% 3.9% 192% 97.3% 100%
0.04% 0.033% 0.056% 99% 82% 100%
0.03% 0.06% 0.05% 87% 155% 100%
57% 49.27% 62.6% 122.3% 107% 100%

3.41% 3.37% 4.3% 105% 104.6% 100%

23.5% 41.3% 28% 113% 200% 100%
4% 2.15% 0.9% 599% 328% 100%
0.73% 0.63% 1% 97.3% 85% 100%
0.2% 0.17% 0.08% 362% 299% 100%
8.3% 0.43% 0.6% 1945% 100.4 100%
1.35% 0.26% 0.22% 829% 162% 100%
0.53% 1.09% 0.13% 533% 1078% 100%
1% 1.35% 2% 68% 94.4% 100%
43% 50.72 37.3 155% 185% 100%

100% 100% 100% 135% 136% 100%

5.3% 5.25% 7.13% 100% 100% 100%

2.2% 2.15% 3% 100% 100% 100%

10.6% 10.5% 14.2% 100% 100% 100%

2.8% 3.56% 5.7% 68.3% 85.2% 100%

(0.028) % (0.022) % (0.03) % (133) % (103.5) % (100) %

16.2% 11.11% 15.9% 137.5% 95.1% 100%

31.8% 27.3% 39% 111% 96% 100%

22.2% 23.1% 23% 131% 137% 100%

3.77% 5.7% 9.1% 55.5% 85% 100%
26% 29% 32.1% 109% 122% 100%

14.8% 6.6% 12.3% 161.2% 73.2% 100%

0.6% 0.76% 0.7% 125% 154% 100%
20.4% 33.5% 10% 280% 461% 100%
0.054% 0.054% 0.06% 122.2% 123% 100%
6.32% 2.9% 6.3% 136% 63.2% 100%

42.16% 43.7% 29.1% 195% 204.3% 100%

100% 100% 100% 135% 136% 100%

From vertical analysis of (2018), we can oversee that
the majorly part (57 %) of the whole assets (100%)is
contributed by the company’s non-current assets,
and in non-current assets about (90%) of the part is
contributed by the Al Noor mills property, plants and
equipment’s. And current assets hold about (43%) of
the whole assets, furthermore in which stock in trade
contributes about (50%) of the current assets and
respectively (19.5%) by receivables and (9.2%) by
trade debts. In equity section capital reserves
contributes about (50%) of total share equity and
general reserves about 3rd half. In non- liabilities, long
term financing take part of (85%) and in current
liabilities. Majority part is taken by short term
borrowing (48%), then payables (35%) and then
current portion of financing (15%).
Similarly, From the vertical analysis of (2017,2016),
the situation of contribution of non-current assets
and current assets with respect to whole asset is off
same nature, and the equity and liability section is
also similar to the (2018) balance sheet, all the
entities and their nature of contribution is similar.
Horizontal Analysis, horizontal analysis gives us the
trend of growth/decline with respect to base year, if
we compare the balance sheet, we come to know that
Al Noor mills Property/equipment’s increases (7.5%in
2017, and 17.8% w.r.t Base year), it’s long term
investment decreases with a lower margin of 2.7% in
2017, but increases with a margin of 92%. But if we
were to compare the whole non-current asset entity
then if increases with a margin of 7% in 2017 and
22.3% in 2018. In current assets there are some assets
CONT
with disastrous change, like trade amount doubled the base year and
13% in the 2018. Their trade debts increase with 228% in 2017 and
499% in 2018. Trade deposits also increases with 199%, and 262%
with respective years. The receivables which are left to collected
increases with a margin of 1845% increase compared to base year in
2018 and 0.4 increase in 2017. Similarly, income tax refund increase
with 62 percent and 729 percent w.r.t base year. And income
refundable (NOP) increase with 978% in 2017 and 433% w.r.t base
year. And in the equity and liability section un appropriate profit
decrease with a margin of 14.8% and 31.7 with 2017 and 2018. Their
capital reserves decrease with 4.9 percent in 2017 and increase with
the margin of 37.5 percent. Long term financing also increases, but
deferred liability decreased for about half compared to the base
year. Trade payable decreases in 2017 but increases in 2018. Accrued
finance cost also increases in both years, short term borrowing also
increases in both years. Unclaimed dividend firstly decreases with a
margin of 36.8% but increases with 36% next year. Overall change
w.r.t base year is increase in 36 percent in 2017 and 35% in 2018.