NAME : IVY FAJARDO 03 LABORATORY EXERCISE 1

BA501 INTERMEDIATE ACCOUNTING 3

Jollibee Foods Corporation's Annual Report

The following data are derived from the annual report of Jollibee Foods Corporatio
Commission (SEC) pursuant to section 17 of the Securities Regulation Code and s

Figure 1:
For the fiscal year ended Dec 31, 2018
Currency PHP (In thousands)

Balance Sheet

Current Asset
Total Assets
Current Liabilities
Total Liabilities
Retained Earnings/ (deficit)
Stockholders' Equity
Stockholders' Equity - Parent
Book Value Per share

Income Statement

Gross Revenue
Gross Expense
Non-Operating Income
Non-Operating Expense
Income/(loss) Before Tax
Income Tax Expense
Net Income/(loss) After Tax
Net Income/(loss) Attributable to Parent
Equity Holder
bee Foods Corporation (JFC) submitted to Securities and Exchange
Regulation Code and section 141 of the Corporation Code of the Philippines.

Year Ending Previous Year Ending

Dec 31, 2018 Dec 31, 2017
42,738,201 37,328,920
113,851,822 89,783,895
34,184,527 26,946,840
63,933,671 47,201,916
40,257,995 34,613,140
49,918,151 42,581,979
48,363,550 40,782,635
45.85 39.42

Year Ending Previous Year Ending

Dec 31, 2018 Dec 31, 2017
164,347,834 135,429,194
153,857,250 127,089,684
3,148,446 1,816,108
473,458 146,253
10,490,584 8,339,510
2,719,249 1,666,928
7,771,335 6,672,582
8,329,884 7,109,120
Figure 2:

Basic Share Outstanding

Diluted Shares Outstanding

Basic earnings per share for 2018.

A. Net Income
divided by Ordinary Share Outstanding
ESP

Basic earnings per share for 2017

B. Net Income
divided by Ordinary share outstanding
ESP

Diluted earnings per share for 2018

C. Net Income After Tax
divided by Diluted Shares Outstanding
Diluted ESP

Diluted earnings per share for 2017

D. Net Income After Tax
divided by Diluted Shares Outstanding
Diluted ESP

Current Ratio 2018

E. Current Assets
divided by Current Liabilities
Current ratio

Current Ratio 2017

F. Current Assets
divided by Current Liabilities
Current ratio

Debt Ratio 2018

G. Total Liabilities
divided by Total Assets
Debt ratio

Debt Ratio 2017

H. Total Liabilities
divided by Total Assets
Debt ratio

Return on equity 2018

I. Net Income attribute to parent
divided by Shareholders' Equity - parent
Return on equity
2018 2017

1,087,000 1,080,000
1,103,000 1,095,000

10,490,584
1,087,000
9.65

8,339,510
1,080,000
7.72

7,771,335
1,103,000
7.05

6,672,582
1,095,000
6.09

42,738,201
34,184,527
1.25

37,328,920
26,946,840
1.39
 63,933,671
113,851,822
0.56

47,201,916
89,783,895
0.53

8,329,884
48,363,550
0.17