Annual Report of Honda Atlas

Honda Atlas Cars (Pakistan) Limited

Income Statement
Revenues 10,282,206.6

Cost of Revenues 9,705,845.1

Gross Profit 576,361.4
Research and development 0.0
Selling General and Administrative 98,165.6
Total Operating Expenses 9,976,942.2
Operating Income or loss 305,264.4
Interest (expense)or income 12,296.1
Other Income or (Expense) 0.0
Earnings before Tax 424,435.9
Income Tax 0.0
Net Income 273,715.5

Balance Sheet
Assets
Current Assets
Cash and Cash Equivalents 2,277,475.9
Short term Investment 0.0
Net Receivables 129,097.9
Inventory
1,806,377.7
Other Current Assets 0.0
Total Current assets 5,640,117.7
Non Current Assets
Property plant and equipment 0.0
Long term investment 0.0
Goodwill 0.0
Intangible assets 41,201.4
Total non current assets 1,252,392.5
Total Assets
6,892,509.8

Liabilities and equity

Current liabilities
Accounts payable 577,719.9
Short term Debt 35,514.1
Other current liabilities 183,559,519.4
Total Current Liabilities 183,559,519.4
Non Current liabilities
Long term Debt 315,766.0
Other liabilities 0.0
Total non current liabilities 4,115,041.0

Shareholder Equity
Common Stock 0.0
Retained Earnings 276,609.2
Accumulated the other comprehensive 0.0
Total shareholders equity 2,77,468.8
Total liability and shareholder Equity 6,892,509.8