ABC Inc.

Condensed Balance Sheet

December 31

2014 Vertical Analysis

Assets
Current Assets ₱1,902.0 18.34%
Plant Assets 2,952.8 28.48%
Other Assets 5,513.8 53.18%
Total Assets ₱10,368.6 100.00%

Liabilities and Stockholder's Equity

Current Liabilities ₱2,076.6 22.17%
Long-term Liabilities 7,289.5 71.20%
Total liabilities ₱9,366.1 100.00%

Stockholder's Equity
Common Stock 195.3 1.91%
Retained Earnings 1,013.3 9.90%
Treasury stock (337.1) -3.29%
Total Stockholder's Equity 871.5 8.51%
Total liabilities and Stockholder's Equity ₱10,237.6 100.00%

Income Statement
Net Sales ₱8,853.30 100.00%
Cost of goods sold 4,128.5 46.63%
Gross profit 4,724.0 53.36%
Selling & Admin 3,523.6 39.80%
Non-recurring changes 33.3 0.38%
Income from operations 1,167.9 13.19%
Interest expense 351.5 3.97%
Other income
(expense), net -₱12.3 -0.14%
Income before taxes 804.1 9.08%
Income tax expense 322.1 3.64%
Net Income ₱482.00 5.44%
 ABC Inc.
Condensed Balance Sheet
December 31
Horizontal Analysis Horizontal Analysis
2015 Vertical Analysis Increase (Decrease)

₱1,617.1 33.10% -₱284.9 -14.98%

2,526.9 51.72% (425.9) -14.42%
742.0 15.19% (4,771.8) -86.54%
₱4,886.0 100.00% -₱5,482.6 -52.88%

₱2,482.3 62.24% ₱405.7 19.54%

1,506.2 37.76% (5,783.3) -79.34%
₱3,988.5 100.00% -₱5,377.6 -57.42%

205.8 4.21% ₱10.5 5.38%

1,065.7 21.81% 52.4 5.17%
(374.0) -7.65% (36.9) 10.95%
897.5 18.37% 26.0 2.98%
₱4,886.0 100.00% -₱5,351.6 -52.27%

₱6,954.70 100.00% -₱1,898.6 -21.45%

3,327.0 47.84% (801.5) -19.41%
3,627.7 52.16% (1,096.3) -23.21%
2,551.4 36.69% (972.2) -27.59%
86.5 1.24% 53.2 159.76%
989.8 14.23% (178.1) -15.25%
137.5 1.98% -₱214.0 -60.88%
-
₱15.4 0.22% ₱27.7 -225.20%
867.7 12.48% 63.6 7.91%
280.0 4.03% (42.1) -13.07%
₱587.70 8.45% ₱105.7 21.93%