China Petroleum & Chemical Corp.

- SNP
Balance Sheet
Expressed in dollars
All number in Thousands

Current Assets
Cash, Cash Equivalents & Short Terms Inv.
Receivables
Inventory
Prepaid Assets
Hedging Assets Current

Total Current Assets

Non Current Assets

Properties
Land And Improvements
Building And Improvements
Machinery Furniture Equipment
Other Properties
Construction in Progress
Accumulated Depreciation
Goodwill
Other Intangible Assets
Investments And Advances
Non Current Accounts Receiva
Non Current Deferred Assets
Non Current Prepaid Assets

Other Non Current Assets

Depreciación Total Non Current Assets

TOTAL ASSETS

Current Liabilities
Accounts Payable
Total Tax Payable
Other Payable
Currrent Accrued Expenses
Pension & Other Post Retirement
Current Debt
Other Current Liabilites

Total Current Liabilietes

Non Current Liabilities

Long Term Debt
Non Current Deferred Taxes
Other Non Current Liabilities

Total Non Current Liabilities

Total Liabilities

Equity
Stockholders Equity
Minority Interest

Total Shareholder´s Equity

TOTAL LIABILITIES + SHAREHOLDER´S EQUITIY

 12/31/2021 12/31/2020 12/31/2019 12/31/2018

227,928,000 196,793,000 139,868,000 192,747,000

89,916,000 89,186,000 105,764,000 112,665,000
207,433,000 151,895,000 192,442,000 184,584,000
14,376,000 4,993,000 6,945,000 6,237,000
18,371,000 12,528,000 837,000 7,887,000

558,024,000 455,395,000 445,856,000 504,120,000

793,045,000 757,592,000 727,552,000 695,724,000

263,756,000 253,144,000 - -
- - - 122,041,000
143,165,000 136,445,000 128,493,000 965,495,000
1,095,148,000 1,027,362,000 1,276,083,000 -
155,939,000 124,765,000 173,482,000 136,963,000
(1,427,781,000) (1,318,928,000) (1,241,859,000) (1,165,498,000)
8,594,000 8,620,000 8,697,000 8,676,000
29,714,000 31,856,000 34,013,000 34,934,000
209,946,000 189,867,000 153,725,000 147,171,000
1,520,000 2,801,000 1,562,000 26,513,000
19,389,000 25,054,000 17,616,000 21,694,000
7,470,000 5,861,000 3,926,000 70,016,000

31,326,000 33,971,000 25,925,000 24,459,000

1,331,231,000 1,278,410,000 1,309,215,000 1,088,188,000

$ 1,889,255,000 $ 1,733,805,000 $ 1,755,071,000 $ 1,592,308,000

4,602,000 3,517,000 3,804,000 2,498,000

686,000 1,231,000 856,000 693,000
 1,118,000 1,137,000 - -
7,848,000 5,439,000 6,045,000 5,225,000
1,051,000 609,000 1,021,000 894,000
4,645,000 2,668,000 15,247,000 18,191,000
1,722,000

19,950,000 14,601,000 26,973,000 29,223,000

38,116,000 40,125,000 27,516,000 25,364,000

2,821,000 1,833,000 2,284,000 1,933,000
8,607,000 9,453,000 8,510,000 7,638,000

49,544,000 51,411,000 38,310,000 34,935,000

69,494,000 66,012,000 65,283,000 64,158,000

22,999,000 19,299,000 18,981,000 16,981,000

1,861,000 1,985,000 2,117,000 2,077,000

24,860,000 21,284,000 21,098,000 19,058,000

$94,354,000 $87,296,000 $86,381,000 $83,216,000

-$1,794,901,000 -$1,646,509,000 -$1,668,690,000 -$1,509,092,000
-

965,495,000
Breakdown12/31/202112/31/202012/31/201912/31/2018
Total Assets 1,889,255,000 1,733,805,000
Current Assets 558,024,000 455,395,000
Cash, Cash Equivalents & Short Term Investments 227,928,000 196,793,000
Cash And Cash Equivalents 108,590,000 87,559,000
Cash 1,000 -
Cash Equivalents 108,589,000 -
Other Short Term Investments 119,338,000 109,234,000
Receivables 89,916,000 89,186,000
Accounts receivable 34,861,000 35,587,000
Gross Accounts Receivable 38,894,000 39,447,000
Allowance For Doubtful Accounts Receivable -4,033,000 -3,860,000
Notes Receivable - -
Taxes Receivable 19,137,000 18,625,000
Other Receivables 35,918,000 34,974,000
Inventory 207,433,000 151,895,000
Raw Materials 112,455,000 63,527,000
Work in Process 15,701,000 13,053,000
Finished Goods 84,174,000 78,415,000
Other Inventories - -
Inventories Adjustments Allowances -4,897,000 -3,100,000
Prepaid Assets 14,376,000 4,993,000
Hedging Assets Current 18,371,000 12,528,000
Other Current Assets - -
Total non-current assets 1,331,231,000 1,278,410,000
Net PPE 1,023,272,000 980,380,000
Gross PPE 2,451,053,000 2,299,308,000
Properties 793,045,000 757,592,000
Land And Improvements 263,756,000 253,144,000
Buildings And Improvements - -
Machinery Furniture Equipment 143,165,000 136,445,000
Other Properties 1,095,148,000 1,027,362,000
Construction in Progress 155,939,000 124,765,000
Accumulated Depreciation -1,427,781,000 -1,318,928,000
Goodwill And Other Intangible Assets 38,308,000 40,476,000
Goodwill 8,594,000 8,620,000
Other Intangible Assets 29,714,000 31,856,000
Investments And Advances 209,946,000 189,867,000
Long Term Equity Investment 209,179,000 188,342,000
Investments in Associatesat Cost 148,729,000 136,163,000
Investments in Joint Venturesat Cost 60,450,000 52,179,000
Investment in Financial Assets 767,000 1,525,000
Trading Securities 179,000 149,000
Financial Assets Designatedas Fair Value Through Profitor Loss - -
Available for Sale Securities 767,000 1,525,000
Other Investments 588,000 1,376,000
Non Current Accounts Receivable 1,520,000 2,801,000
Due from Related Parties Non Current 1,520,000 2,801,000
Non Current Deferred Assets 19,389,000 25,054,000
Non Current Deferred Taxes Assets 19,389,000 25,054,000
Non Current Prepaid Assets 7,470,000 5,861,000
Other Non Current Assets 31,326,000 33,971,000
Total Liabilities Net Minority Interest 974,181,000 850,947,000
Current Liabilities 641,280,000 522,190,000
Payables And Accrued Expenses 460,137,000 346,879,000
Payables 459,315,000 346,212,000
Accounts Payable 203,919,000 151,262,000
Total Tax Payable 81,267,000 76,843,000
Income Tax Payable 4,809,000 6,586,000
Other Payable 174,129,000 118,107,000
Current Accrued Expenses 822,000 667,000
Interest Payable 822,000 667,000
Current Debt And Capital Lease Obligation 53,298,000 44,325,000
Current Debt 38,125,000 29,033,000
Current Notes Payable 0 3,018,000
Line of Credit 24,959,000 16,111,000
Other Current Borrowings 13,166,000 9,904,000
Current Capital Lease Obligation 15,173,000 15,292,000
Current Deferred Liabilities 124,622,000 126,160,000
Current Deferred Revenue 124,622,000 126,160,000
Other Current Liabilities 3,223,000 4,826,000
Total Non Current Liabilities Net Minority Interest 332,901,000 328,757,000
Long Term Provisions 43,525,000 45,552,000
Long Term Debt And Capital Lease Obligation 262,223,000 256,121,000
Long Term Debt 91,990,000 83,815,000
Long Term Capital Lease Obligation 170,233,000 172,306,000
Non Current Deferred Liabilities 7,910,000 8,124,000
Non Current Deferred Taxes Liabilities 7,910,000 8,124,000
Other Non Current Liabilities 19,243,000 18,960,000
Total Equity Gross Minority Interest 915,074,000 882,858,000
Stockholders' Equity 774,182,000 741,494,000
Capital Stock 121,071,000 121,071,000
Common Stock 121,071,000 121,071,000
Additional Paid in Capital - 55,850,000
Retained Earnings - 322,361,000
Gains Losses Not Affecting Retained Earnings 653,111,000 620,423,000
Other Equity Adjustments - 242,212,000
Other Equity Interest - -
Minority Interest 140,892,000 141,364,000
Total Capitalization 866,172,000 825,309,000
Common Stock Equity 774,182,000 741,494,000
Capital Lease Obligations 185,406,000 187,598,000
Net Tangible Assets 735,874,000 701,018,000
Working Capital -83,256,000 -66,795,000
Invested Capital 904,297,000 854,342,000
Tangible Book Value 735,874,000 701,018,000
Total Debt 315,521,000 300,446,000
Net Debt 21,525,000 25,289,000
Share Issued 121,071,210 121,071,210
Ordinary Shares Number 121,071,210 121,071,210
 1,755,071,000 1,592,308,000
445,856,000 504,120,000
139,868,000 192,747,000
60,313,000 111,922,000
- 82,000
- 167,015,000
79,555,000 80,825,000
105,764,000 112,665,000
54,865,000 56,993,000
56,713,000 57,599,000
-1,848,000 -606,000
0 7,886,000
25,313,000 21,331,000
25,586,000 26,455,000
192,442,000 184,584,000
91,041,000 88,341,000
12,615,000 13,690,000
91,368,000 88,929,000
- 2,872,000
-2,582,000 -6,376,000
6,945,000 6,237,000
837,000 7,887,000
- 22,774,000
1,309,215,000 1,088,188,000
1,063,751,000 754,725,000
2,305,610,000 1,920,223,000
727,552,000 695,724,000
- -
- 122,041,000
128,493,000 965,495,000
1,276,083,000 617,812,000
173,482,000 136,963,000
-1,241,859,000 -1,165,498,000
42,710,000 43,610,000
8,697,000 8,676,000
34,013,000 34,934,000
153,725,000 147,171,000
152,204,000 145,721,000
95,737,000 89,537,000
56,467,000 56,184,000
1,521,000 1,450,000
- -
 1,521,000 1,450,000
1,521,000 1,450,000
- -
1,562,000 26,513,000
1,562,000 26,513,000
17,616,000 21,694,000
17,616,000 21,694,000
3,926,000 70,016,000
25,925,000 24,459,000
879,236,000 735,773,000
576,374,000 565,098,000
347,902,000 365,607,000
347,290,000 364,973,000
187,958,000 192,757,000
69,339,000 87,060,000
3,264,000 6,699,000
89,993,000 85,156,000
612,000 634,000
612,000 634,000
99,008,000 61,127,000
83,810,000 61,127,000
- 6,416,000
25,709,000 17,088,000
58,101,000 44,039,000
15,198,000 -
126,735,000 124,793,000
126,735,000 124,793,000
2,729,000 13,571,000
302,862,000 170,675,000
43,163,000 42,800,000
236,456,000 93,527,000
58,782,000 93,527,000
177,674,000 -
6,809,000 5,948,000
6,809,000 5,948,000
16,434,000 28,400,000
875,835,000 856,535,000
738,150,000 717,284,000
121,071,000 121,071,000
121,071,000 121,071,000
55,850,000 119,192,000
322,872,000 279,482,000
617,079,000 596,213,000
238,357,000 205,384,000
- -6,774,000
 137,685,000 139,251,000
796,932,000 810,811,000
738,150,000 717,284,000
192,872,000 -
695,440,000 673,674,000
-130,518,000 -60,978,000
880,742,000 871,938,000
695,440,000 673,674,000
335,464,000 154,654,000
82,279,000 42,732,000
121,071,210 121,071,210
121,071,210 121,071,210
 China Petroleum & Chemical Corp. - SNP
INCOME STATEMENT
Expressed in dollars
All number in Thousands

BREAKDOWN 12/31/2021
Total Revenue $426,928,972

(-) Cost of Revenue 341,486,760

% COST
Gross Profit 85,442,212
Gross Profit Ratio
Operating Expense 66,210,903
(-) Selling General and Administrative 24,683,801
(-) Other Taxes 40,347,664
(-) Other Operating Expenses 1,179,439

Operating Income - EBIT 19,231,308

Operating Income Ratio
(+) Interest Income Non Operating 892,835
(-) Interest Expense Non Operating 2,162,461
(+) Other Income Expense (957,165)

Pretax Income 17,004,517

35 (-) Tax Provision $3,632,087
(-) Minority Interests (2,161,371)
Net Income $11,211,059
ROS - Return On Sale
 1 USD = 6.42

12/31/2020 12/31/2019 12/31/2018 -

$328,034,891 $462,023,832 $450,339,408

264,968,069 387,806,698 374,291,277

259,032,000.00

63,066,822 74,217,134 76,048,131

59,241,900 59,882,087 61,892,991

22,012,617 21,307,632 22,330,685
36,596,106 37,778,037 38,395,327
633,178 796,417 1,166,978

3,824,922 14,335,047 14,155,140

748,131 1,122,430 1,203,427

2,157,477 2,427,570 916,355 5,732,000.00
5,083,333 977,414 995,483 13,883,000.00
6,145,000.00
7,498,910 14,007,321 15,437,695 23,318,000.00
968,692 2,787,227 3,148,442
(1,375,078) (2,269,159) (2,691,433)
$5,155,140 $8,950,935 $9,597,819
Yuanes

- Feb/-27863 Jun/-24701

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 China Petroleum & Chemical Corp. - SNP
INCOME STATEMENT
Expressed in dollars
All number in Thousands

BREAKDOWN 12/31/2021
Total Revenue $2,740,884,000

(-) Cost of Revenue 2,192,345,000

% COST
Gross Profit 548,539,000
Gross Profit Ratio
Operating Expense 425,074,000
(-) Selling General and Administrative 158,470,000
(-) Other Taxes 259,032,000
(-) Other Operating Expenses 7,572,000

Operating Income - EBIT 123,465,000

Operating Income Ratio
(+) Interest Income Non Operating 5,732,000
(-) Interest Expense Non Operating 13,883,000
(+) Other Income Expense (6,145,000)

Pretax Income 109,169,000

35 (-) Tax Provision $23,318,000
(-) Minority Interests (13,876,000)
Net Income $71,975,000
ROS - Return On Sale
 1 USD = 6. 42

12/31/2020 12/31/2019 12/31/2018 -

$2,105,984,000 $2,966,193,000 $2,891,179,000

1,701,095,000 2,489,719,000 2,402,950,000

259,032,000.00

404,889,000 476,474,000 488,229,000

380,333,000 384,443,000 397,353,000

141,321,000 136,795,000 143,363,000
234,947,000 242,535,000 246,498,000
4,065,000 5,113,000 7,492,000

24,556,000 92,031,000 90,876,000

4,803,000 7,206,000 7,726,000

13,851,000 15,585,000 5,883,000 5,732,000.00
32,635,000 6,275,000 6,391,000 13,883,000.00
6,145,000.00
48,143,000 89,927,000 99,110,000 23,318,000.00
6,219,000 17,894,000 20,213,000
(8,828,000) (14,568,000) (17,279,000)
$33,096,000 $57,465,000 $61,618,000
Yuanes

- Feb/-27863 Jun/-24701

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BreakdownTTM12/31/202112/31/202012/31/201912/31/2018
Total Revenue 2,740,884,000 2,105,984,000
Cost of Revenue 2,192,345,000 1,701,095,000
Gross Profit 548,539,000 404,889,000
Operating Expense 425,074,000 380,333,000
Operating Income 123,465,000 24,556,000
Net Non Operating Interest Income Expense -8,151,000 -9,048,000
Other Income Expense -6,145,000 32,635,000
Pretax Income 109,169,000 48,143,000
Tax Provision 23,318,000 6,219,000
Net Income Common Stockholders 71,975,000 33,096,000
Average Dilution Earnings - -
Diluted NI Available to Com Stockholders 71,975,000 33,096,000
Basic EPS 59 27.3
Diluted EPS 59 27.3
Basic Average Shares 1,210,712 1,210,710
Diluted Average Shares 1,210,712 1,210,710
Total Operating Income as Reported 94,628,000 13,193,000
Total Expenses 2,617,419,000 2,081,428,000
Net Income from Continuing & Discontinued Operation 71,975,000 33,096,000
Normalized Income 95,093,721 10,521,672
Interest Income 5,732,000 4,803,000
Interest Expense 13,883,000 13,851,000
Net Interest Income -8,151,000 -9,048,000
EBIT 123,052,000 61,994,000
EBITDA - -
Reconciled Cost of Revenue 2,192,345,000 1,701,095,000
Reconciled Depreciation 115,680,000 106,965,000
Net Income from Continuing Operation Net Minority Interest 71,975,000 33,096,000
Total Unusual Items Excluding Goodwill -29,398,000 25,923,000
Total Unusual Items -29,398,000 25,923,000
Normalized EBITDA 268,130,000 143,036,000
Tax Rate for Calcs 0 0
Tax Effect of Unusual Items -6,279,279 3,348,672
 2,966,193,000 2,891,179,000
2,489,719,000 2,402,950,000
476,474,000 488,229,000
384,443,000 397,353,000 158,470,000
92,031,000 90,876,000 141,321,000
-8,379,000 1,843,000 136,795,000
6,275,000 6,391,000 143,363,000
89,927,000 99,110,000 7,572,000 4,065,000 5,113,000 7,492,000
17,894,000 20,213,000 7,572,000
57,465,000 61,618,000 4,065,000
- 0 5,113,000
57,465,000 61,618,000 7,492,000
47.5 50.9
47.5 50.9
1,210,712 1,210,712
1,210,712 1,210,712
86,198,000 82,264,000
2,874,162,000 2,800,303,000
57,465,000 61,618,000
62,673,209 67,654,484
7,206,000 7,726,000
15,585,000 5,883,000
-8,379,000 1,843,000
105,512,000 104,993,000
- -
2,489,719,000 2,402,950,000
108,812,000 109,967,000
57,465,000 61,618,000
-6,502,000 -7,583,000
-6,502,000 -7,583,000
220,826,000 222,543,000
0 0
-1,293,791 -1,546,516
 COCA COLA
FINANCIAL ANALYSIS
TO DECEMBER

- INDICATORS

Liquidity
+ Working Capital

x Turnover Working Capital

Current Ratio

Quick Ratio

=
- Cash Ratio

Efficiency
Receivables Turnover
Receivables Days
Payables Turnover
Payables Days
Inventory Turnover
Inventory Days
Total Asset Turnover
Operating Cyclo
Financial Cyclo - Working Capital Cyclo
Leverage

Debt Ratio

Equity Ratio

Debt - Equity Ratio

 Total Leverage
Coverege
Depreciation + Amortization

EBIT (Operating Income) - (Erning Before Interest and Taxes

EBITDA (Erning Before Interest, Taxes, Depreciation and Amortization)

Interest Coverege Ratio - EBIT/Interest Expense

EBITDA Coverege: EBITDA /Interest Expense

S.T. EBITDA / (Deuda Financiera C.P. + Porción + Gastos Financieros)

L.T. EBITDA / Deuda Financiera total + Gastos Financieros

Profitability
% COST
Gross Profit Margin
Operating Margin
Net Margin
Return On Asset
Return On Equity

Return On Invesment Capital

Time Of Recover On Invesment Capital

BREAKEVEN POINT
Total Fixed Cost

Total Fixed Cost + Financial Expenses

Operating Breakeven Point

Financial Breakeven Ponit

% Operating Breakeven Point

% Financial Breakeven Ponit

Operating Safety Margin

Financial Safety Margin

COCA COLA
FINANCIAL ANALYSIS
TO DECEMBER

12/31/2021 12/31/2020 12/31/2019 12/31/2018

12/31/2021 12/31/2020 12/31/2019 12/31/2018