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Panasonic Appliances

India Company
Standalone Balance
Sheet

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets
Contingent Liabilities
Book Value (Rs)

------------------- in Rs. Cr. ------------------Mar


'12

Mar '11

Mar '10

Mar '09

Mar '08

12
mths

12 mths

12 mths

12 mths

12 mths

8.57
8.57
0.00
0.00
11.00
0.00
19.57
17.30
1.00
18.30
37.87

8.57
8.57
0.00
0.00
10.20
0.00
18.77
5.56
1.00
6.56
25.33

8.57
8.57
0.00
0.00
9.27
0.00
17.84
1.69
0.11
1.80
19.64

8.57
8.57
0.00
0.00
9.05
0.00
17.62
2.34
0.30
2.64
20.26

Mar '11

Mar '10

Mar '09

Mar '08

12
mths

12 mths

12 mths

12 mths

12 mths

58.55
25.92
32.63
0.13
0.00
15.85
29.65
0.17
45.67
7.13
0.00
52.80
0.00
45.18
1.38
46.56
6.24
0.00
39.00

51.02
22.82
28.20
0.21
0.00
18.62
21.43
0.85
40.90
9.97
0.00
50.87
0.00
34.02
7.39
41.41
9.46
0.00
37.87

38.08
20.49
17.59
0.95
0.00
14.48
15.48
0.39
30.35
8.32
0.00
38.67
0.00
25.49
6.40
31.89
6.78
0.00
25.32

29.84
18.89
10.95
2.49
0.00
13.33
7.11
0.21
20.65
7.08
1.85
29.58
0.00
17.25
6.14
23.39
6.19
0.00
19.63

28.66
17.34
11.32
0.00
0.19
11.03
6.52
0.25
17.80
5.55
5.11
28.46
0.00
13.99
5.71
19.70
8.76
0.00
20.27

2.26
7.93

0.66
22.83

0.28
21.91

0.64
20.81

0.31
20.57

8.57
8.57
0.00
0.00
-1.77
0.00
6.80
31.56
0.67
32.23
39.03
Mar
'12

Panasonic Appliances
India Company

Previous Years

Standalone Profit & Loss account

------------------- in Rs. Cr. ------------------Mar


'12

Mar '11

Mar '10

Mar '09

Mar '08

12
mths

12 mths

12 mths

12 mths

12 mths

Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
Expenditure

198.78
19.16
179.62
0.42
-3.20
176.84

201.77
15.43
186.34
0.15
3.27
189.76

144.72
9.67
135.05
-0.17
-1.29
133.59

109.91
10.73
99.18
0.09
-0.08
99.19

89.56
10.96
78.60
0.35
2.42
81.37

Raw Materials
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

115.62
5.17
18.37
0.58
0.00
42.99
0.00
182.73
Mar
'12

115.85
3.90
15.47
2.27
42.84
1.66
0.00
181.99

72.82
2.79
11.97
1.97
36.07
1.39
0.00
127.01

56.30
1.81
8.93
1.17
25.02
1.16
0.00
94.39

47.26
1.48
7.14
0.72
19.09
0.88
0.00
76.57

Mar '11

Mar '10

Mar '09

Mar '08

12
mths

12 mths

12 mths

12 mths

12 mths

-6.31

7.62

6.75

4.71

4.45

-5.89
3.68
-9.57
3.18
0.00
-12.75
-0.03
-12.78
0.00
-12.77

7.77
2.40
5.37
2.75
0.00
2.62
0.16
2.78
0.83
1.79

6.58
1.12
5.46
2.27
0.00
3.19
0.00
3.19
1.06
1.93

4.80
0.63
4.17
1.85
0.00
2.32
0.50
2.82
1.17
1.42

4.80
0.56
4.24
1.50
0.00
2.74
0.07
2.81
1.08
1.45

67.11
0.00
0.00
0.00

66.14
0.00
0.86
0.14

54.18
0.00
0.86
0.14

38.09
0.00
1.03
0.17

29.31
0.00
0.86
0.15

85.70
-14.90

85.70
2.09

85.70
2.26

85.70
1.65

85.70
1.69

0.00
7.93

10.00
22.83

10.00
21.91

12.00
20.81

10.00
20.57

Income

Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Off
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)

Panasonic
Key Financial Ratios

Investment Valuation Ratios


Face Value
Dividend Per Share
Operating Profit Per Share (Rs)
Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios
Operating Profit Margin(%)
Profit Before Interest And Tax
Margin(%)
Gross Profit Margin(%)
Cash Profit Margin(%)
Adjusted Cash Margin(%)
Net Profit Margin(%)
Adjusted Net Profit Margin(%)
Return On Capital Employed(%)
Return On Net Worth(%)
Adjusted Return on Net Worth(%)
Return on Assets Excluding
Revaluations
Return on Assets Including
Revaluations
Return on Long Term Funds(%)
Liquidity And Solvency Ratios
Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio
Debt Coverage Ratios
Interest Cover
Total Debt to Owners Fund
Financial Charges Coverage Ratio
Financial Charges Coverage Ratio
Post Tax
Management Efficiency Ratios
Inventory Turnover Ratio
Debtors Turnover Ratio
Investments Turnover Ratio

Mar
'12

Mar '11

Mar '10

Mar '09

Mar '08

10.00
--7.35
209.59
---

10.00
1.00
8.71
217.43
12.53
--

10.00
1.00
7.65
157.59
11.60
--

10.00
1.20
5.23
115.73
10.51
--

10.00
1.00
4.86
91.71
10.26
--

-3.50

4.00

4.85

4.52

5.29

-5.26

2.52

3.17

2.65

3.35

-5.27
-5.31
-5.31
-7.09
-7.09
-23.20
187.80
187.38

2.53
2.27
2.27
0.96
0.96
12.46

3.17
3.25
3.25
1.43
1.43
17.03

2.65
2.88
2.88
1.42
1.42
14.39

3.38
3.87
3.87
1.83
1.83
15.78

9.15

10.30

7.94

8.22

7.61

11.38

5.73

8.87

7.93

22.83

21.91

20.81

20.57

7.93

22.83

21.91

20.81

20.57

-51.32

14.36

17.03

14.39

15.78

0.59
0.79
4.74
1.60

0.99
0.75
0.94
0.68

1.21
0.73
0.35
0.35

1.27
0.66
0.10
0.10

1.44
0.84
0.15
0.15

-2.46
4.74
-1.60

2.14
0.94
3.12

4.60
0.35
5.88

5.84
0.10
7.38

7.29
0.15
8.42

-1.60

2.89

4.75

6.16

6.29

12.54
7.03
12.54

10.98
10.10
10.98

10.13
11.95
10.13

8.32
14.55
8.32

8.28
12.92
8.28

Fixed Assets Turnover Ratio


Total Assets Turnover Ratio
Asset Turnover Ratio
Average Raw Material Holding
Average Finished Goods Held
Number of Days In Working Capital
Profit & Loss Account Ratios
Material Cost Composition
Imported Composition of Raw
Materials Consumed
Selling Distribution Cost
Composition
Expenses as Composition of Total
Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit
Dividend Payout Ratio Cash Profit
Earning Retention Ratio
Cash Earning Retention Ratio
AdjustedCash Flow Times

Earnings Per Share


Book Value

3.16
4.82
4.67

3.70
5.00
3.70

3.60
5.46
6.01

3.39
5.21
4.97

2.79
3.97
4.06

--12.53

29.44
23.98
18.27

39.00
25.08
18.09

28.07
41.51
22.50

33.57
37.25
40.10

64.36

62.17

53.91

56.76

60.13

28.22

30.58

32.30

22.78

11.67

--

19.23

22.58

20.95

20.06

10.10

7.05

1.36

1.44

1.40

------

55.57
21.91
33.13
76.53
4.31

51.67
23.79
53.23
77.31
1.49

84.92
36.85
-17.62
58.09
0.63

69.19
33.95
35.88
67.32
0.86

Mar
'12

Mar '11

Mar '10

Mar '09

Mar '08

-14.90
7.93

2.09
22.83

2.26
21.91

1.65
20.81

1.69
20.57

BALANCE SHEET OF SAMSUNG ELECTRONICS


Dec 31
2009
Restated
USD

Dec 31
2010
Reclassified
USD

Dec 31
2011
Restated
USD

Dec 31
2012
USD

Cash And Equivalents

9,442.5

9,109.0

13,667.7

17,481.7

Short-Term Investments

9,913.0

11,752.1

11,299.5

17,233.9

19,355.5

20,861.0

24,967.3

34,715.6

Accounts Receivable

18,416.9

17,818.1

20,356.9

22,198.1

Other Receivables

--

2,005.5

2,112.6

2,617.3

Notes Receivable

8.1

8.9

--

79.3

Inventory

9,153.5

12,433.0

14,621.3

16,510.4

Prepaid Expenses

1,358.7

2,047.3

2,167.1

2,104.6

Other Current Assets

2,140.1

1,948.9

2,293.2

2,961.1

TOTAL CURRENT ASSETS

50,432.8

57,122.8

66,518.4

81,186.4

NET PROPERTY PLANT AND


EQUIPMENT

40,524.1

49,273.0

57,719.5

63,711.4

Long-Term Investments

8,208.8

10,582.6

11,561.6

13,032.6

Goodwill

77.6

531.6

486.9

533.8

Other Intangibles

891.3

1,742.8

2,194.4

2,375.6

Other Long-Term Assets

3,048.4

4,319.0

4,361.4

4,710.1

TOTAL ASSETS

104,360.9

124,928.8

144,941.0

168,450.9

Accounts Payable

12,598.7

14,931.1

17,219.4

15,712.2

Accrued Expenses

5,531.0

6,607.4

7,278.4

8,833.3

Short-Term Borrowings

7,237.7

7,842.2

8,980.9

7,855.2

Current Portion Of Long-Term


Debt/Capital Lease

218.0

1,045.6

28.2

929.4

Other Current Liabilities

5,188.9

4,825.8

6,548.4

7,333.4

31,820.4

37,160.6

41,230.0

43,661.8

Long-Term Debt

1,183.5

1,045.9

4,502.4

4,977.7

Capital Leases

100.6

90.7

114.4

94.7

Minority Interest

3,237.6

3,497.5

3,928.9

4,080.4

Currency in
Millions of US Dollars

As of:

Assets

TOTAL CASH AND SHORT TERM


INVESTMENTS

LIABILITIES & EQUITY

TOTAL CURRENT LIABILITIES

4
Year
Trend

Other Liabilities, Total

3,302.5

3,510.2

4,842.2

6,703.7

TOTAL LIABILITIES

36,406.9

41,807.4

50,688.9

55,437.8

TOTAL PREFERRED EQUITY

111.1

111.1

111.1

111.1

Common Stock

723.8

723.8

723.8

723.8

Additional Paid In Capital

4,096.9

4,096.9

4,096.9

4,096.9

Retained Earnings

66,112.0

79,089.0

90,818.6

111,622.7

Treasury Stock

-7,819.0

-7,220.9

-7,014.1

-6,838.6

Comprehensive Income And Other

1,491.4

2,824.0

1,586.8

-783.4

TOTAL COMMON EQUITY

64,605.2

79,512.8

90,212.0

108,821.5

TOTAL EQUITY

67,954.0

83,121.5

94,252.1

113,013.0

TOTAL LIABILITIES AND EQUITY

104,360.9 124,928.8 144,941.0 168,450.9

PROFIT AND LOSS A/C OF SAMSUNG


Dec 31
2009
Restated
USD

Dec 31
2010
Reclassified
USD

Dec 31
2011
Restated
USD

Dec 31
2012
USD

126,999.1

144,053.6

153,715.6

187,348.1

126,999.1

144,053.6

153,715.6

187,348.1

88,124.6

95,644.4

104,474.4

117,988.9

38,874.6

48,409.2

49,241.3

69,359.2

Selling General & Admin Expenses, Total

21,764.1

24,448.1

24,769.9

30,811.3

R&D Expenses

6,881.5

8,477.0

9,274.2

10,744.0

Depreciation & Amortization, Total

--

--

622.9

741.5

Other Operating Expenses

58.0

-248.7

--

--

OTHER OPERATING EXPENSES, TOTAL

28,703.6

32,676.4

34,667.0

42,296.8

OPERATING INCOME

10,171.0

15,732.8

14,574.2

27,062.4

Interest Expense

-498.7

-541.3

-600.1

-558.0

Interest And Investment Income

362.5

550.5

689.5

886.5

-136.2

9.2

89.4

328.5

Income (Loss) On Equity Investments

1,596.1

2,112.0

1,303.5

919.1

Currency Exchange Gains (Loss)

-173.8

-167.4

-619.3

-134.1

Other Non-Operating Income (Expenses)

-80.3

-30.1

-269.3

236.1

11,376.9

17,656.5

15,078.5

28,412.0

Currency in
Millions of US Dollars
Revenues
TOTAL REVENUES
Cost Of Goods Sold
GROSS PROFIT

NET INTEREST EXPENSE

EBT, EXCLUDING UNUSUAL ITEMS

As of:

4 Year
Trend

Impairment Of Goodwill

--

-143.4

-170.6

-190.7

Gain (Loss) On Sale Of Investments

41.9

384.4

208.2

24.6

Gain (Loss) On Sale Of Assets

-61.1

173.5

994.2

-165.2

Other Unusual Items, Total

--

-64.4

-94.2

-211.8

11,357.7

18,006.6

16,016.0

27,868.8

Income Tax Expense

2,264.8

2,964.5

3,198.1

5,654.6

Minority Interest In Earnings

-176.0

-323.7

-350.7

-614.8

Earnings From Continuing Operations

9,092.9

15,042.1

12,817.9

22,214.3

8,916.9

14,718.4

12,467.3

21,599.5

NET INCOME TO COMMON INCLUDING


EXTRA ITEMS

7,720.9

12,765.4

10,819.0

18,753.1

NET INCOME TO COMMON EXCLUDING


EXTRA ITEMS

7,720.9

12,765.4

10,819.0

18,753.1

EBT, INCLUDING UNUSUAL ITEMS

NET INCOME