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Activity 1 - Ratio Template and Financial Statements

International Distribution Corp saw declining revenue and increasing losses from 2018 to 2015. Revenue decreased from $8.5M to $10M over this period while net losses increased from -$2.1M to -$1.2M. Total assets also declined from $4.8M to $6M as property and equipment increased but current assets like cash and inventory decreased. Total liabilities increased from $3.9M to $3M due to rising non-current bank loans for trucks. Financial ratios show worsening liquidity and profitability from 2018 to 2015 as current ratios fell and net losses increased each year.

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Siddhant Aggarwal
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151 views9 pages

Activity 1 - Ratio Template and Financial Statements

International Distribution Corp saw declining revenue and increasing losses from 2018 to 2015. Revenue decreased from $8.5M to $10M over this period while net losses increased from -$2.1M to -$1.2M. Total assets also declined from $4.8M to $6M as property and equipment increased but current assets like cash and inventory decreased. Total liabilities increased from $3.9M to $3M due to rising non-current bank loans for trucks. Financial ratios show worsening liquidity and profitability from 2018 to 2015 as current ratios fell and net losses increased each year.

Uploaded by

Siddhant Aggarwal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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INTERNATIONAL DISTRIBUTION CORP (IDC) PTY LIMITED

IN ADMINISTRATION

ABN 12 123 456 789

FINANCIAL STATEMENTS

Statement of Profit & Loss


2018 2017 2016 2015
Revenue 8,573,750 9,025,000 9,500,000 10,000,000
Cost of Sales 8,103,375 7,717,500 7,350,000 7,000,000
Gross Profit 470,375 1,307,500 2,150,000 3,000,000

Depreciation Expenses 300,000 165,000 105,000 45,000


Administration Expenses 800,000 885,000 895,000 935,000
Employee Expenses 863,254 838,111 813,700 790,000
Occupancy Expenses 610,000 600,000 600,000 600,000
Profit before Income Tax - 2,102,879 - 1,180,611 - 263,700 630,000

Net Profit - 2,102,879 - 1,180,611 - 263,700 630,000

Balance Sheet

ASSETS 2018 2017 2016 2015


CURRENT ASSETS
Cash & Cash Equivalents 152,810 2,255,689 3,436,300 3,700,000
Trade Debtors 50,000 160,000 180,000 200,000
Inventories 1,800,000 1,745,000 1,467,000 1,042,111
Other Current Assets 800,000 800,000 800,000 800,000
TOTAL CURRENT ASSETS 2,802,810 4,960,689 5,883,300 5,742,111
NON-CURRENT ASSETS
Property, Plant & Equipment 2,000,000 1,100,000 700,000 300,000
TOTAL NON-CURRENT ASSETS 2,000,000 1,100,000 700,000 300,000
TOTAL ASSETS 4,802,810 6,060,689 6,583,300 6,042,111

LIABILITIES
CURRENT LIABILITIES
Trade Payables 830,000 700,000 620,000 600,000
Accrued Expenses 450,000 430,000 420,000 400,000
Financial Liabilities 65,000 45,000 65,000 65,000
TOTAL CURRENT LIABILITIES 1,345,000 1,175,000 1,105,000 1,065,000
NON-CURRENT LIABILITIES
Trade Payables 249,000 210,000 186,000 180,000
Bank Loan (trucks) 2,258,889 1,622,889 1,058,889 300,000
TOTAL NON-CURRENT LIABILITIES 2,507,889 1,832,889 1,244,889 480,000
TOTAL LIABILITIES 3,852,889 3,007,889 2,349,889 1,545,000
NET ASSETS 949,921 3,052,800 4,233,411 4,497,111
INTERNATIONAL DISTRIBUTION CORP (IDC) PTY LIMITED
IN ADMINISTRATION

ABN 12 123 456 789

RATIO INFORMATION

Working Capital Inventory + Trade Debtors - Trade Payables (current)


Working capital is the liquidity available to the organisation for
it's day-to-day operating activities.

Liquidity Ratios

Current Ratio: Current Assets / Current Liabilities


The current ratio measures the organisations ability to meet it's
short term liabilities.

Quick Ratio Current Assets - Inventories / Current Liabilities


The quick ratio, also known as the acid test, measures an
organisations ability to immediately meet it's short term
liabilities.

Solvency Ratio Net Profit + Depreciation / Total Liabilities


The solvency ratio measures the extent to which an
organisations cash flows can meet its short term liabilities.

Profitability Ratio

Net Profit Ratio Net Profit / Gross Profit


The net profit ratio measures an organisations profitability
through calculating the dollar of net profit per dollar of gross
sales.
INTERNATIONAL DISTRIBUTION CORP (IDC) PTY LIMITED
IN ADMINISTRATION

ABN 12 123 456 789

FINANCIAL PERFORMANCE ANALYSIS

2018 2017 2016 2015

Working Capital

Comments

Liquidity Ratios
Current Ratio

Quick Ratio

Comments

Solvency Ratio

Profitability Ratios
Net Profit Margin

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