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Amount (Rs.)
2007
Rs.
6,00,000
3,30,000
2,00,000
1,50,000
50,000
1,00,000
5,000
14,35,000
Assets
2007
Rs.
3,70,000
4,00,00
20,000
25,000
20,000
Total
1,50,000
2,00,000
2,50,000
14,35,000
Particulars
Sources of Funds
Owners Fund
Equity Share capital
Reserves and surplus
Loan Fund
Debentures
Long term loans and Mortgage
Total
Application of Funds
Fixed Assets
Land and Buildings
Plant and Machinery
Furniture and Fixtures
Other fixed assets
Working Capital
(a) Current assets
Cash in hand and at bank
Bills receivables
Sundry debtors
Stock
Total Current assets(a)
Less (b) Current liabilities
Bills payable
Sundry creditors
Other current liabilities
Total Current liabilities(b)
Net working capital (a-b)
Total
Amount (Rs.)
6,00,000
3,30,000
9,30,000
2,00,000
1,50,000
12,80,000
3,70,000
4,00,000
20,000
25,000
8,15,000
20,000
1,50,000
2,00,000
2,50,000
6,20,000
50,000
1,00,000
5,000
1,55,000
4,65,000
12,80,000
Particulars
Gross Sales
Less: Returns
Net sales
Less: Cost of goods sold
Opening stock
Purchases
Direct expenses
Less: Closing Stock
Cost of goods sold
Gross Profit ( Net sales-cost of goods sold)
Less: Operating expenses
Administrative expenses
Selling and distribution expenses
Finance charges
Operating profit before interest
Less: Interest
Net profit after interest
Add: Net non operating income (non operating
income- non operating expenses)
Net profit before tax
Less: Income tax
Net profit after tax
Less: Proposed dividend
Retained Earning
Amount (Rs.)
2007
Rs.
Net sales
7,85,000
4,50,000
Operating expenses:
General and Administrative expenses
70,000
Selling expenses
80,000
Non-operating expenses:
Interest paid
25,000
Income tax
70,000
2007
Rs.
Net sales
7,85,000
4,50,000
Gross Profit
3,35,000
Administrative
Selling expenses
70,000
80,000
1,50,000
1,85,000
25,000
1,60,000
70,000
90,000
TECHNIQUES OF FSA
Comparative Statement
Analysis
Firm 2
Absolute
Difference
(Rs.)
Percentage
Difference
%
1-2 =3
3/1 x 100
Particulars
Year 2
Absolute
Difference
(Rs.)
Percentage
Difference %
1-2 =3
3/1 x 100
Q) The following Balance Sheet of a concern for the years 2007 and
2008. Prepare a comparative balance sheet and study the financial
position.
Balance Sheet
As on 31st March
Capital and
Liabilities
Equity Share
capital
Reserves and
surplus
Debentures
Long term loans
and
Mortgage
Bills payable
Sundry creditors
Other current
liabilities
Total
2007
Rs.
2008
Rs.
6,00,000
8,00,000
3,30,000
2,22,000
2,00,000
1,50,000
3,00,000
2,00,000
50,000
1,00,000
5,000
45,000
1,20,000
10,000
14,35,000
16,97,000
Assets
2007
Rs.
3,70,000
4,00,00
20,000
25,000
20,000
2,70,000
6,00,000
25,000
30,000
80,000
1,50,000
2,00,000
2,50,000
-
90,000
2,50,000
3,50,000
2,000
Total
14,35,000
2008
Rs.
16,97,000
2007
Rs.
2008
Rs.
Net sales
7,85,000
9,00,000
4,50,000
5,00,000
70,000
72,000
Selling expenses
80,000
90,000
Interest paid
25,000
30,000
Income tax
70,000
80,000
Operating expenses:
Non-operating expenses:
Common Size
Statement
The Common Size Statement represents the
relationship of different items of a financial
statement with some Common item by
expressing each item as a percentage of the
Common item.
Q) The following Balance Sheet of a concern for the years 2007 and
2008. Prepare a Common size balance sheet and study the financial
position.
Balance Sheet
As on 31st March
Capital and
Liabilities
Equity Share
capital
Reserves and
surplus
Debentures
Long term loans
and
Mortgage
Bills payable
Sundry creditors
Other current
liabilities
Total
2007
Rs.
2008
Rs.
6,00,000
8,00,000
3,30,000
2,22,000
2,00,000
1,50,000
3,00,000
2,00,000
50,000
1,00,000
5,000
45,000
1,20,000
10,000
14,35,000
16,97,000
Assets
2007
Rs.
3,70,000
4,00,000
20,000
25,000
20,000
2,70,000
6,00,000
25,000
30,000
80,000
1,50,000
2,00,000
2,50,000
-
90,000
2,50,000
3,50,000
2,000
Total
14,35,000
2008
Rs.
16,97,000
2007
Rs.
2008
Rs.
Net sales
7,85,000
9,00,000
4,50,000
5,00,000
70,000
72,000
Selling expenses
80,000
90,000
Interest paid
25,000
30,000
Income tax
70,000
80,000
Operating expenses:
Non-operating expenses:
Trend Analysis
Trend analysis treats the first year
as the base year and compares the
figures of all the other years
against it.
2010
2011
2012
sales
Less: cost of goods
sold
Gross profit
expenses
700000
800000
800000
Net profit
300000
400000
400000
2010
30000
00
20000
00
10000
00
70000
0
30000
0
2011
36000
00
24000
00
12000
00
80000
0
40000
0
140
120
100
80
sales
Gross profit
Net profit
60
40
20
0
2010 (%)
2011(%)
2012(%)