Balance Sheet Income Statement 1/1/13-12/31/13 Cash Flow Statement 1/1/13-12/31/13
12/31/12 12/31/13 ASSETS Net Revenues 1,340.30 Net Income 422.70 Cash and equivalents 34.60 Cost of Goods Sold (COGS) 432.40 Depreciation and amortization Accounts Receivable 74.80 82.40 Selling, general, & Administrative 123.40 Changes in working capital Inventories 132.60 145.70 Research and development 56.30 Accounts Receivable Total Current Assets 242.00 Depreciation & Amortization1 20.00 Inventories Other operating expenses 12.30 Accounts payable PP&E 212.70 259.30 Net Interest expense 45.60 Deferred taxes Goodwill & Intangibles 34.20 42.50 Pretax income 650.30 Cash from operations Deferred Taxes 12.60 34.60 Income tax expense (35%) 227.61 Other Long Term Assets 123.90 145.30 Net income 422.70 Capital expenditures Total Assets 625.40 709.80 Dividends2 31.40 Increases in all other long-term assets 1 Amortization expense equals $5m Cash from investing 2 LIABILITIES Assume all dividends were cash dividends Accounts payable 120.50 130.50 Increase in bank loan Notes payable 23.50 34.20 Increase in long term debt Current portion of LTD 49.60 68.40 Increase in preferred stock Current Liabilities 193.60 233.10 Increase in common stock Increase in APIC Long-term debt 214.00 214.00 Increase in Treasury stock Deferred taxes 43.50 52.30 Dividends Total Liabilities 451.10 499.40 Cash from financing
Preferred Stock 12.40 13.50 Total change in cash Common Stock par value 5.60 7.40 Ending cash balance (12/2013) Additional paid-in-capital 146.40 163.50 Treasury Stock (112.30) (123.20) Retained Earnings 122.20 513.50 Total liabilities and SE 625.40 1,074.10
PP&E (BOP) 212.70
Less: Depreciation (15.00) Plus: Capx ? PPE (EOP) 259.30
Intangibles and GW (BOP) 34.20
Amortization 5.00 New purchases ? Intangibles and GW (EOP) 42.50