RIEL CORPORATION

Comparative Statements of Financial Position

December 31, 2015

Increase (decrease)
2015 2014 Amount Percent
Assets
Current Assets
Cash & Cash 106,789 102,375 10.53 10.59
Equivalent
Trade & Other 327, 611 277, 467 32.31 28.71
Receivables
Inventory 334, 863 297, 654 33.02 30.80
Prepaid Expenses 101,565 114,813 10.02 11.88
Total Current Assets 870, 828 792, 309 85.87 81.99
Non-Current
Property, Plant & 135, 754 166, 481 13.39 17.23
Equipment
Intangibles 7, 500 7, 500 0.74 0.78
Total Non-current 143, 254 173, 981 14.13 18.01
Asset
Total Assets 1,014,082 966,290 100.00 100.00

Liabilities and
Shareholders’
Equity
Current liabilities
Trade and Other 238, 000 208,703 23.47 21.60
Payables
Unearned 107,508 82,456 10.60 8.53
Revenues
Notes Payable - 45, 000 45, 000 4.44 4.66
Current
Total Current 390, 508 336,159 38.51 34.79
Liabilities
Non-Current
Liabilities
Notes Payable Non- 208, 422 253, 500 20.55 26.23
Current
Total Liabilities 593, 930 589, 659 59.06 61.02
Shareholders’
Equity
Preference Shares, 105, 000 105, 000 10.35 10.87
P100
Ordinary Shares, P1 15, 000 15, 000 1.48 1.55
par
Premium on 135, 000 135, 000 13.31 13.97
Ordinary Shares
Total paid-in-capital 255, 000 255, 000 25.15 26.39

Retained Earnings 160, 152 121, 631 15.79 12.59

TOTAL 415, 152 376, 631 40.94 38.98
SHAREHOLDERS’
EQUITY
Total Liabilities & 1, 014, 082 966, 290 100 100
Shareholders’
Equity

RIEL CORPORATION
 Common Size Comparative Statements of Financial Performance
December 31, 2015

Increase (decrease)
2015 2014 Amount Percent

Sales 3, 007, 887 2, 732, 712 100.00 100.00

Less: COGS 2, 208, 520 1, 924, 865 73.42 71.90
Gross Profit 799, 367 767, 847 26.58 28.10
Less: Distribution 372, 000 345, 000 12.37 12.62
Costs
Administrative 207, 000 213, 000 6.88 7.79
Expenses
Total Operating 579, 000 558, 000 19.25 20.42
Expenses
Operating Income 220, 367 209, 847 7.33 7.68
Less: Interest 41, 860 43, 905 1.39 1.61
Expense
Net Income before 178, 507 165, 942 5.93 6.07
taxes
Less: Income Tax 62, 477 58, 080 2.08 2.13
Net Income After 116, 030 107, 862 3.86 3.95
Tax