2017 2016

Assets Vertical (%) Vertical (%) Horizontal Analysis (%)

property, plant and equipment ₱105,220.00 42.15 ₱47,551.00 39.74 121.28
intangible assets ₱67,471.00 27.03 ₱6,365.00 5.32 960.03
deposits for rent guarantee ₱1,288.00 0.52 ₱290.00 0.24 344.14
deferred tax assets ₱2,144.00 0.86 ₱40.00 0.03 5260.00
Non-currents assets ₱176,123.00 ₱54,246.00 224.67

inventories ₱8,509.00 3.41 ₱5,744.00 4.80 48.14

trade and other receivables ₱8,454.00 3.39 ₱8,780.00 7.34 -3.71
prepayments ₱3,673.00 1.47 ₱1,907.00 1.59 92.61
cash and short term deposits ₱52,655.00 21.09 ₱48,968.00 40.93 7.53
assets held for sale ₱195.00 0.08
Current assets ₱73,486.00 ₱65,399.00 12.37
Total Assets ₱249,609.00 100.00 ₱119,645.00 100.00 108.62

issued capital ₱581,990.00 233.16 ₱190.00 0.16 306210.53

share premium -₱520,578.00 -208.56
other capital reserves ₱19.00 0.02
retained earnings ₱43,191.00 17.30 ₱58,124.00 48.58 -25.69
foreign currency translation reserve -₱78.00 -0.03 -₱41.00 -0.03 90.24

non-controlling assets ₱19.00 0.01 -₱39.00 -0.03 -148.72

Total Equity ₱104,544.00 ₱58,253.00 79.47

interest bearing loans and

borrowings ₱39,520.00 15.83 ₱14,630.00 12.23 170.13
trade and other payables ₱2,671.00 1.07 ₱1,674.00 1.40 59.56
Non-current liabilities P42,191.00 P16,304.00 158.78
trade and other payables ₱77,682.00 31.12 ₱37,292.00 31.17 108.31
interest bearing loans and
borrowings ₱25,192.00 10.09 ₱7,796.00 6.52 223.14
Total Current Liabilities P102,874 P45088
Total Liabilities ₱145,065.00 ₱61,392.00 136.29

Total Equity and liabilities ₱249,609.00 100.00 ₱119,645.00 100.00 108.62

 2016 VERTICAL(%) 2015 VERTICAL(%) HORIZONTAL(%)
SALES ₱514,475.00 100% ₱405,830.00 100% 26.77
RESTAURANT EXPENSES ₱422,204.00 82.07 ₱325,134.00 80.12 29.86
FOOD AND MATERIAL ₱183,409.00 35.65 ₱142,859.00 35.20 28.38
PAYROLL AND EMPLOYEE ₱91,960.00 17.87 ₱65,135.00 16.05 41.18
RENT ₱35,525.00 6.91 ₱29,020.00 7.15 22.42
ROYALTIES ₱30,356.00 5.90 ₱23,830.00 5.87 27.39
ADVERTISING ₱26,521.00 5.15 ₱20,960.00 5.16 26.53
OTHER OPERATING EXPENSES ₱41,972.00 8.16 ₱32,904.00 8.11 27.56
DEPRECIATION &
AMORTIZATION ₱12,461.00 2.42 ₱10,426.00 2.57 19.52

RESTAURANT OPERATING
PROFIT ₱92,271.00 17.93 ₱80,696.00 19.88 14.34
GENERAL & ADMINISTRATION
EXP ₱31,988.00 6.22 ₱23,912.00 5.89 33.77
OPERATING PROFIT ₱60,283.00 11.72 ₱56,784.00 13.99 6.16

FINANCE COSTS ₱929.00 0.18 ₱1,013.00 0.25 -8.29

FINANCE INCOME ₱113.00 0.02 ₱417.00 0.10 -72.90

PROFIT BEFORE TAX ₱59,467.00 11.56 ₱56,188.00 13.85 5.84

INCOME TAX EXPENSE ₱6,144.00 1.19 ₱8,421.00 2.08 -27.04
PROFIT FOR THE PERIOD… ₱53,323.00 10.36 ₱477,767.00 117.73 -88.84

DISCONTINUED OPERATIONS -₱1,683.00 -0.33 -₱476.00 -0.12 253.57

PROFIT FOR THE PERIOD ₱51,640.00 10.04 ₱47,291.00 11.65 9.20

EBITDA
1 ₱60,283.00 11.72 ₱56,784.00 13.99 6.16
2 ₱12,461.00 2.42 ₱10,426.00 2.57 19.52
3 ₱758.00 0.15 ₱655.00 0.16 15.73
4 ₱73,502.00 14.29 ₱67,865.00 16.72 8.31
 Current ratio 1.20
Quick ratio 0.59
Return on Equity 82.75
Operating Income 32.65
Gross profit margin 91.84
Operating profit margin 11.72
Net profit margin 13.09
Total asset turnover 2.79
Fixed asset turnover 6.74
Acc. Receivables turnover 59.70
Average age of
receivables 6
Inventory turnover 5.89
Average age of inventory 62
Accounts payable
turnover 0.73
Average age of acc.
Payable 500
Operating cycle 562
Cash conversion cycle 62
Debt ratio 0.58
Debt to equity ratio 1.39
Times Interest Earned