Académique Documents
Professionnel Documents
Culture Documents
Statement of earnings
(for years ending January 31)
2004
930,110
644,190
285,920
2005
1,599,920
1,171,760
428,160
183,620
19,430
6,710
29,100
76,430
0
315,290
27,230
253,910
22,200
0
27,560
104,720
10,300
418,690
29,220
-56,600
0
-56,600
-19,750
0
-19,750
2006
2,066,820
1,476,840
589,980
306,170
11,100
0
23,860
132,850
24,360
498,340
33,750
57,890
0
57,890
margen operativo
depreciacion
ebitda
71.32%
14.81%
0
0
1.15%
6.43%
23.00%
2007
2,800,000
1,996,960
803,040
2008
3,200,000
2,282,240
917,760
414,680
473,920
32,200
180,040
29,360
656,280
24,164
36,800
205,760
44,360
760,840
48,528
122,596
23,951
98,645
108,392
24,930
83,462
146,760
29,360
176,120
156,920
44,360
201,280
2006
-76,350
57,890
0
-18,460
Balance Sheets
(as at January 31)
2004
ASSETS
Current assets
Cash
Accounts receivable, net
Inventory
Prepaid expenses
Total current assets
Fixed Assets
Land
Automobiles
Building
Equipment
Sub Total
Less: acumulated amortizatio
Net fixed assets
Other assets
Goodwill
Deferred charges
TOTAL ASSETS
LIABILITIES
Current liabilities
Accounts payable
Other current liabilities
Total current liabilities
Long term liabilities
bank loan
Transport loan
Mortgage payable
CCB mortgage payable
Total long term liabilities
Equity
Common Stock
Retained earnings
Total Equity
TOTAL LIABILITIES & EQUITY
2005
86,060
128,500
308,980
3,020
526,560
17,510
201,670
342,080
3,020
564,280
34,350
0
34,350
34,350
34,350
34,350
10,300
24,050
30,000
6,570
30,000
3,850
597,480
622,180
184,640
15,790
200,430
290,740
11,850
302,590
126,900
30,240
196,510
0
353,650
101,700
17,730
176,510
0
295,940
100,000
-56,600
43,400
100,000
-76,350
23,650
597,480
622,180
2006
1,420
338,690
474,630
1,740
816,480
2007
56,000
466,667
649,012
1,740
1,173,419
64,000
533,333
741,728
1,740
1,340,801
60,880
47,850
322,940
3,990
435,660
64,020
371,640
60,880
47,850
322,940
3,990
435,660
108,380
327,280
30,000
2,750
30,000
2,750
30,000
2,750
1,050,230
1,577,809
1,700,831
332,827
35,850
368,677
380,373
35,850
416,223
76,500
5,210
176,510
172,120
430,340
593,812
481,888
100,000
-18,460
81,540
100,000
80,185
180,185
100,000
163,647
263,647
1,050,230
1,142,673
1,161,758
-435,135
-539,073
60,880
47,850
122,940
3,990
235,660
34,660
201,000
502,500
35,850
538,350
2.00%
60
117
2008
200,000
60
prest tot
tasa
1,028,947
6.50%
66,882
ebitda
intereses
176,120
66,882
2.63
Net sales
Cost of goods sold
Gross profit
Operating expenses
Wages and comissions
Rent
Provision for doubtful accounts
General Selling expenses
General Administratitve expenses
Amortization
Total operating expenses
Interest expense
Net Income (loss)
LIQUIDITY
Current ratio
Acid test
Working capital
EFFICIENCY
Age of receivables
Age of inventory
Age of payables
STABILITY
Net worth to total assets
EBIT
EBITDA
EBIT / interest
EBITDA / Interest
GROWTH
Sales
Net income
Total assets
Equity
Financial Ratios
(as at January 31)
2004
100.00%
69.26%
30.74%
2005
100.00%
73.24%
26.76%
2006
100.00%
71.45%
28.55%
19.74%
2.09%
0.72%
3.13%
8.22%
0.00%
33.90%
2.93%
15.87%
1.39%
0.00%
1.72%
6.55%
0.64%
26.17%
1.83%
14.81%
0.54%
0.00%
1.15%
6.43%
1.18%
24.11%
1.63%
-6.09%
-1.23%
2.80%
2.63
1.09
326,130
1.86
0.73
261,690
1.52
0.63
278,130
50
175
105
46
107
91
60
117
124
7.3%
-29,370
-29,370
3.8%
9,470
19,770
0.3
0.7
2005/04
7.8%
91,640
116,000
2.7
3.4
2006/05
72%
29%
4%
-46%
69%
245%
2.80%
1.80
0.60
52.4
3.6
71.32%
2006
OPERATIONS
Net income
Adjustments to cash basis
Amortization
Accounts receivable net
Inventory
Prepaid expenses
Accounts payable
Other current liabilities
-19,750
57,890
10,300
-73,170
-33,100
0
106,100
-3,940
24,360
-137,020
-132,550
1,280
211,760
24000
-13,560
49,720
FINANCING ACTIVITIES
Bank Loan
Transport loan
Mortgage payable
CCB mortgage payable
-25,200
-12,510
-20,000
-25,200
-12,520
0
172,120
-57,710
134,400
INVESTING ACTIVITIES
Fixed assets
Deferred charges
0
2,720
-201,310
1,100
2,720
-200,210
-68,550
86,060
-16,090
17,510
17,510
1,420
Net sales
Cost of goods sold
Gross profit
Operating expenses
Wages and comissions
Rent
Provision for doubtful accounts
General Selling expenses
General Administratitve expenses
Amortization
Total operating expenses
Interest expense
Net income before tax
Income tax
Net Income (loss)
Statement of earnings
(for years ending January 31)
2004
930,110
644,190
285,920
183,620
19,430
6,710
29,100
76,430
0
315,290
27,230
253,910
22,200
0
27,560
104,720
10,300
418,690
29,220
-56,600
0
-56,600
-19,750
0
-19,750
Balance Sheets
(as at January 31)
2004
ASSETS
Current assets
Cash
Accounts receivable, net
Inventory
Prepaid expenses
Total current assets
Fixed Assets
Land
Automobiles
Building
Equipment
Sub Total
Less: acumulated amortizatio
Net fixed assets
Other assets
2005
1,599,920
1,171,760
428,160
2005
86,060
128,500
308,980
3,020
526,560
17,510
201,670
342,080
3,020
564,280
34,350
0
34,350
34,350
34,350
34,350
10,300
24,050
Goodwill
Deferred charges
TOTAL ASSETS
LIABILITIES
Current liabilities
Accounts payable
Other current liabilities
Total current liabilities
Long term liabilities
bank loan
Transport loan
Mortgage payable
CCB mortgage payable
Total long term liabilities
Equity
Common Stock
Retained earnings
Total Equity
TOTAL LIABILITIES & EQUITY
30,000
6,570
30,000
3,850
597,480
622,180
184,640
15,790
200,430
290,740
11,850
302,590
126,900
30,240
196,510
0
353,650
101,700
17,730
176,510
0
295,940
100,000
-56,600
43,400
100,000
-76,350
23,650
597,480
622,180
2006
2,066,820
1,476,840
589,980
306,170
11,100
0
23,860
132,850
24,360
498,340
33,750
57,890
0
57,890
71.32%
14.81%
0
0
1.15%
6.43%
23.00%
margen operativo
depreciacion
ebitda
2006
1,420
338,690
474,630
1,740
816,480
60,880
47,850
122,940
3,990
235,660
34,660
201,000
2007
2,800,000
1,996,960
803,040
2008
3,200,000
2,282,240
917,760
414,680
473,920
32,200
180,040
29,360
656,280
24,164
36,800
205,760
44,360
760,840
48,528
122,596
23,951
98,645
108,392
24,930
83,462
146,760
29,360
176,120
156,920
44,360
201,280
2007
2.00%
60
117
200,000
2008
56,000
466,667
649,012
1,740
1,173,419
64,000
533,333
741,728
1,740
1,340,801
60,880
47,850
322,940
3,990
435,660
64,020
371,640
60,880
47,850
322,940
3,990
435,660
108,380
327,280
30,000
2,750
30,000
2,750
30,000
2,750
1,050,230
1,577,809
1,700,831
332,827
35,850
368,677
380,373
35,850
416,223
76,500
5,210
176,510
172,120
430,340
593,812
481,888
100,000
-18,460
81,540
100,000
80,185
180,185
100,000
163,647
263,647
1,050,230
1,142,673
1,161,758
-435,135
-539,073
502,500
35,850
538,350
60
prest tot
tasa
ebitda
intereses
1,028,947
6.50%
66,882
176,120
66,882
2.63