Baldwin vijayanand k Round 3, 12/31/2012

Balance Sheet
Definitions: Common Size - The common size column simply ASSETS 2012 2011
represents each item as a percentage of total assets. Cash - Common Size
Your end of year cash position. Accounts Receivable - Cash $19,995 12.9% $35,170
Reflects the lag between delivery and payment of your Accounts Receivable $15,482 10.0% $13,609
products. Inventories - The current value of your inventory Inventory $26,716 17.3% $16,479
across all products. A zero indicates your company stocked Total Current Assets $62,193 40.3% $65,258
out. Unmet demand would, of course, fall to your competitors.
Plant & Equipment - The current value of your plant. Accum Plant & Equipment $148,500 96.1% $115,100
Deprec - The total accumulated depreciation from your plant. Accumulated Depreciation ($56,227) -36.4% ($46,327)
Accts Payable - What the company currently owes suppliers Total Fixed Assets $92,273 59.7% $68,773
for materials and services. Current Debt - The debt the
company is obligated to pay during the next year of Total Assets $154,467 100.0% $134,030
operations. It includes your short term debt, bonds that have
matured this year, and emergency loans used to keep your
company solvent should you run out of cash during the year. LIABILITIES & OWNER'S EQUITY
Long Term Debt - The company's long term debt is in the form
of bonds, and this represents the total of those bonds. Accounts Payable $10,253 6.6% $9,749
Common Stock - The amount of capital invested by Current Debt $19,878 12.9% $29,641
shareholders in the company. Long Term Debt $35,820 23.2% $26,158
Retained Earnings - The profits that the company Total Liabilities $65,951 42.7% $65,548
chose to keep instead of paying to shareholders as
dividends. Common Stock $7,733 5.0% $7,935
Retained Earnings $80,783 52.3% $60,547
Total Equity $88,516 57.3% $68,482

Total Liabilities and Owner's Equity $154,467 100.0% $134,030

Cash Flow Statement

The Cash Flow Statement examines what happened in the Cash Flows from Operating Activities 2012 2011
Cash Account during the year. Cash injections appear as Net Income (Loss) $21,776 $15,069
positive numbers and cash withdrawals as negative numbers. Adjustment for non-cash items
Depreciation $9,900 $7,673
The Cash Flow Statement is an excellent tool for diagnosing Extraordinary gains/losses/writeoffs $0 $0
emergency loans. When negative cash flows exceed Change in Current Assets and Liabilities
positives, you are forced to seek emergency funding. For Accounts Payable $504 $2,645
example, if sales are bad and you find yourself carrying an Inventory ($10,237) ($11,604)
abundance of excess inventory, the report would show the Accounts Receivable ($1,874) ($1,646)
increase in inventory as a huge negative cash flow. Too Net cash from operations $20,070 $12,139
much unexpected inventory could outstrip your inflows,
exhaust your starting cash, and force you to beg for money to Cash Flows From Investing Activities
keep you afloat. Plant Improvements ($33,400) ($21,700)

Cash Flows from Financing Activities

Dividends Paid $0 $0
Cash Flow $30,000
Sales of Common Stock $0 $0
Summary
$20,000 Purchase of Common Stock ($1,743) ($1,022)
Cash from long term debt $9,662 $14,669
$10,000
Retirement of long term debt $0 ($10,300)
$0 Change in current debt (net) ($9,763) $15,623
Net cash from financing activities ($1,844) $18,970
($10,000)
Operations

Investments ($20,000)

($30,000)
Net change in cash position ($15,174) $9,409
Financing

Change ($40,000) Closing cash position $19,995 $35,170

Page 1