RATCH EGCO

Ratios 2015 2014 2013 2012 Ratios 2015 2014 2013 2012
ROE (%) 5.27 10.87 11.49 15.32 ROE (%) 5.74 10.76 10.12 17.51
D/E (X) 0.53 0.58 0.61 0.81 D/E (X) 1.32 1.18 0.88 0.61
Equity Multiplier 1.56 1.60 1.73 1.92 Equity Multiplier 2.20 2.04 1.73 1.45
Total Asset Turnover 0.63 0.64 0.58 0.62 Total Asset Turnover 0.15 0.17 0.22 0.27
Fixed Asset Turnover 4.24 2.10 1.23 1.24 Fixed Asset Turnover 0.39 0.47 0.60 0.95
Gross Profit Margin (%) 11.87 13.29 14.79 14.97 Gross Profit Margin (%) 37.58 40.06 35.46 31.19
EBIT Margin (%) 9.79 15.12 16.81 18.7 EBIT Margin (%) 47.11 46.2 42.72 51.01
Net Profit Margin (%) 5.37 10.63 11.42 12.87 Net Profit Margin (%) 17.39 31.09 26.54 44.7

Cash Cycle 2015 2014 2013 2012 Cash Cycle 2015 2014 2013 2012
A/R Turnover (Times) 5.75 5.64 7.71 15.79 A/R Turnover (Times) 6.36 6.13 6.81 8.76
Avg. Collection Period 63.49 64.76 47.33 23.12 Avg. Collection Period 57.36 59.53 53.63 41.66
Inventory Turnover 22.29 18.53 18.38 21.38 Inventory Turnover 4.4 3.67 3.87 3.68
Avg. Inventory Period 16.38 19.7 19.86 17.07 Avg. Inventory Period 82.88 99.48 94.27 99.17
A/P Turnover (Times) 5.53 5.41 5.53 7.49 A/P Turnover (Times) 13.96 10.05 9.7 12.53
Avg. Payment Period 66.02 67.51 66.04 48.74 Avg. Payment Period 26.15 36.31 37.63 29.13
Cash Cycle (Days) 13.84 16.95 1.16 -8.55 Cash Cycle (Days) 114.09 122.7 110.27 111.7

RATCH EGCO
Statement of 2015 2014 2013 2012 Statement of 2015 2014 2013 2012
Cash 7,464.52 10,623.06 7,437.78 8,260.58 Cash 8,750.56 6,859.02 6,983.79 4,147.49
A/R Net 9,173.89 10,807.65 8,799.79 4,388.19 A/R Net 2,467.65 2,534.41 3,076.61 2,414.29
Inventories 1,912.58 2,629.41 2,541.48 2,174.37 Inventories 1,908.26 2,602.86 3,016.80 3,212.47
Current Assets 25,983.50 31,407.67 20,899.69 21,034.58 Current Assets 19,403.18 23,327.64 22,739.66 19,846.20
PP&E Net 13,479.05 14,480.21 41,845.68 46,227.74 PP&E Net 72,527.30 55,275.08 48,991.66 38,555.75
Total Assets 92,605.05 96,235.04 88,903.25 96,810.76 Total Assets 179,812.21 160,687.08 130,937.31 109,324.07
OD 1,900.00 4,800.00 9,774.22 2,700.00 OD 858 10,048.30 1,800.00 10,673.65
A/P Net 8,346.34 9,965.56 7,757.44 7,920.15 A/P Net 632.49 791.07 1,260.28 1,226.26
Current portion of LT 1,200.78 722.94 4,961.52 4,223.85 Current portion of LT 10,156.52 5,633.11 5,191.41 1,050.70
Current Liabilities 11,658.07 16,049.97 22,951.03 15,238.05 Current Liabilities 15,918.94 18,733.88 10,787.87 14,771.71
Non-Current Liabilities 20,527.15 18,985.67 10,413.36 27,841.06 Non-Current Liabilities 86,143.52 67,734.52 50,005.84 26,232.15
Total Liabilities 32,185.21 35,035.64 33,364.39 43,079.11 Total Liabilities 102,062.46 86,468.40 60,793.71 41,003.85
Authorized Capital 14,500.00 14,500.00 14,500.00 14,500.00 Authorized Capital 5,300.00 5,300.00 5,300.00 5,300.00
Paid-Up Capital 14,500.00 14,500.00 14,500.00 14,500.00 Paid-Up Capital 5,264.65 5,264.65 5,264.65 5,264.65
Premium (Discount) on 1,531.78 1,531.78 1,531.78 1,531.78 Premium (Discount) on 8,601.30 8,601.30 8,601.30 8,601.30
Other Surplus (Deficit) - - - - Other Surplus (Deficit) 4,552.24 1,384.26 47.37 2,271.66
Retained Earnings 45,950.93 46,054.56 39,479.42 36,584.07 Retained Earnings 59,042.65 58,013.80 53,575.92 51,295.75
Treasury Stock - - - - Treasury Stock - - - -
Shareholders' Equity 60,189.52 60,781.67 54,700.98 52,965.99 Shareholders' Equity 77,242.16 73,264.01 69,269.22 67,433.36

Statement of 2015 2014 2013 2012 Statement of 2015 2014 2013 2012
Sales 57,434.87 55,257.55 50,849.67 55,591.33 Sales 15,913.77 17,200.80 18,686.23 14,056.54
Other Income 775.33 2,505.95 2,389.77 3,669.46 Other Income 2,971.73 1,997.74 1,116.45 4,930.10
Total Revenues 59,326.29 59,048.31 54,197.91 60,011.40 Total Revenues 24,833.57 24,659.17 26,054.32 24,564.23
COGs 50,616.66 47,913.68 43,327.25 47,269.49 COGs 9,933.56 10,309.99 12,059.53 9,672.80
SG&A 1,567.20 2,206.64 1,761.90 1,518.07 SG&A 2,858.81 2,955.82 2,865.38 2,361.69
Total Expenses 53,517.62 50,120.33 45,089.15 48,787.56 Total Expenses 13,134.48 13,265.81 14,924.91 12,034.49
EBITDA 6,978.96 10,203.15 12,832.28 15,059.12 EBITDA 13,958.24 13,527.02 14,516.42 15,340.49
Depre. & Amor. 1,170.29 1,275.17 3,723.52 3,835.29 Depre. & Amor. 2,259.15 2,133.66 3,387.01 2,810.75
EBIT 5,808.67 8,927.99 9,108.75 11,223.84 EBIT 11,699.10 11,393.36 11,129.41 12,529.74
Net Profit 3,187.87 6,279.03 6,186.85 7,726.27 Net Profit 4,319.18 7,666.98 6,913.74 10,979.40