Académique Documents
Professionnel Documents
Culture Documents
Current Assets
Cash
Receivables
Inventories
Assets held for sale
Prepaid expenses and other current assets
Total Current Assets
Noncurrent Assets
Property and equipment - net
Deferred tax assets
Other noncurrent assets
Total Noncurrent Assets
TOTAL ASSETS
Equity
Capital stock
Retained Earnings
TOTAL EQUITY
REVENUES
Sale of Goods
Management fee
COST OF SALES
GROSS PROFIT
SELLING EXPENSES
ADMINISTRATIVE EXPENSES
OTHER OPERATING EXPENSE
INCOME FROM OPERATIONS
4, 19 53,795,358
5, 19 141,155,716
6 113,028,587
8, 14 -
7 26,409,207
334,388,868
9, 14 185,570,925
17 1,585,862
16, 19 17,000
187,173,787
521,562,655
139,062,923
67,117,049
223,600,000
429,779.97
10,000,000
81,782,683
91,782,683
521,562,655
2014
906,311,083
14 0
906,311,083
11,14 743,228,265
163,082,818
12 -50,869,524
13 -31,669,966
-5,030,991
75,512,337
92,465
-4,131,216
-3,988,418
1,141,376
-6,885,793
68,626,544
17 -15,712,469
52,914,075
68,626,544
5,065,282
4,131,216
9 201,334
8,14 -3,443,720
-92,465
0
6 0
74,488,191
5,104,296
26,189,090
-13,024,514
-96,699,657
-193,186,526
-197,129,120
92,465
-4,058,947
-201,095,602
9 -185,772,259
8,14 26,550,000
0
4,674,800
15 223,600,000
223,600,000
Note 2014
10,000,000
28,686,608
52,914,075
81,782,683
91,782,683
2013 Average
190,903,701 122,349,530
146,260,012 143,707,864
139,217,677 126,123,132
23,106,280 11,553,140
29,366,158 27,887,683
528,853,828 431,621,348
- 92,785,463
1,316,866 1,451,364
4,691,800 2,354,400
6,008,666 96,591,227
534,862,494 528,212,575
235,690,311 187,376,617
260,303,575 163,710,312
0 111,800,000
495,993,886 248,211,833
-
-
10,000,000 10,000,000
28,868,608 55,325,646
38,868,608 65,325,646
534,862,494 528,212,575
2013 Average
1,922,345,605 1,414,328,344
27,600,000 13,800,000
1,949,945,605 1,428,128,344
1,699,800,761 1,221,514,513
250,144,844 206,613,831
-138,279,696 - 94,574,610
-79,265,407 - 55,467,687
- 2,515,496
32,599,741 54,056,039
101,868 97,167
- 3,221,721 - 3,676,469
- 600,163 - 2,294,291
841,945 991,661
- 2,878,071 - 4,881,932
29,721,670 49,174,107
- 10,808,876 - 13,260,673
18,912,794 35,913,435
29,721,670 49,174,107
0 2,532,641
3,221,721 3,676,469
3,841,345 2,021,340
0 (1,721,860)
-101,868 (97,167)
-49,999 (25,000)
680,066 340,033
37,312,935 55,900,563
-73,324,293 (34,109,999)
-14,733,546 5,727,772
-13,421,988 (13,223,251)
66,728,893 (14,985,382)
174,297,604 (9,444,461)
176,859,605 (10,134,758)
101,868 97,167
-3,221,721 (3,640,334)
173,739,752 (13,677,925)
-1,768,956 (93,770,608)
0 13,275,000
50,000 25,000
6,000 2,340,400
-1,712,956 (856,478)
111,800,000
-4,000,000 (2,000,000)
-4,000,000 109,800,000
0 (2,532,641)
168,026,796 15,459,247
22,876,905 106,890,303
190,903,701 122,349,580
2013 Average
10,000,000 10000000
0
13,955,814 21321211
18,922,794 35918434.5
-4,000,000 -2000000
28,868,608 55325645.5
38,868,608 65325645.5
AGC INDUSTRIAL FLAT GLASS PHILIPPINES, Inc.
Projected Income Statement
For the 2013-2014 year ended
REVENUES
Sale of Goods 1,922,345,605 906,311,083 1,414,328,344
Management fee 27,600,000 0 13,800,000
ASSETS
Current Assets
Cash 190,903,701 53,795,358 122,349,530
Receivables 146,260,012 141,155,716 143,707,864
Inventories 139,217,677 113,028,587 126,123,132
Assets held for sale 23,106,280 - 11,553,140
Prepaid expenses and other current assets 29,366,158 26,409,207 27,887,683
Total Current Assets 528,853,828 334,388,868 431,621,348
Noncurrent Assets
Property and equipment - net - 185,570,925 92,785,463
Deferred tax assets 1,316,866 1,585,862 1,451,364
Other noncurrent assets 4,691,800 17,000 2,354,400
Total Noncurrent Assets 6,008,666 187,173,787 96,591,227
Equity
Capital stock 10,000,000 10,000,000 10,000,000
Retained Earnings, Beginning 28,868,608 81,782,683 55,325,646
Net income
Retained Earnings, End
TOTAL EQUITY 38,868,608 91,782,683 65,325,646
99.03%
0.97%
100.00%
85.53%
14.47%
-6.62%
-3.88%
-0.18%
3.79%
-0.34%
3.44%
-0.93%
2.51%
LIPPINES, Inc.
2014Pctge
0.00%
88.98%
0.00%
88.98%
0.00%
11.02%
100.00%
0.00%
100.00%
2.56%
97.44%
10.83%
108.28%
6.76%
101.52%
LIPPINES, Inc.
Pctge
23.16%
27.21%
23.88%
2.19%
5.28%
81.71%
17.57%
0.27%
0.45%
18.29%
100.00%
35.47%
30.99%
21.17%
87.63%
1.89%
10.47%
12.37%
100.00%
LIPPINES, Inc.
LIPPINES, Inc.
1.89%
10.47%
12.37%
AGC INDUSTRIAL FLAT GLASS PHILIPPINES, Inc.
Projected Income Statement
For the 5-year ended
2017 2018
REVENUES
Sale of Goods 1,484,989,274 1,559,238,738
Management fee 14,545,487 15,272,762
2017 2018
2017 2018
ASSETS
Current Assets
Cash 138,325,247 184,145,713
Receivables 150,893,257 158,437,920
Inventories 132,429,289 139,050,753
Assets held for sale 12,130,797 12,737,337
Prepaid expenses and other current assets 29,282,067 30,746,170
Total Current Assets 463,060,656 525,117,893
Noncurrent Assets
Property and equipment - net 97,424,736 102,295,972
Deferred tax assets 1,523,932 1,600,129
Other noncurrent assets 2,472,120 2,595,726
Total Noncurrent Assets 101,420,788 106,491,827
Equity
Capital stock 10,000,000 10,000,000
Retained Earnings, Beginning 27,662,823 68,450,168
Net income 40,787,346 42,826,713
Retained Earnings, End 68,450,168 111,276,881
TOTAL EQUITY 78,450,168 121,276,881
2017 2018
Other Disbursements (for Operating Expenses, Interest and Taxes) -198,350,604 -179,411,997
DIFFEREnCE 0 0
-198,350,604 -179,411,997
INES, Inc.
0 0 0
1,261,773,121 1,324,861,777 1,391,104,866
0 0 0
INES, Inc.
INES, Inc.
0 0 0
-188,382,597 -197,801,727 -207,691,814
INES, Inc.
99.03%
0.97%
100.00%
85.53%
14.47%
-6.62%
-3.88%
-0.18%
3.79%
-0.34%
3.44%
-0.93%
2.51%
AGC INDUSTRIAL FLAT GLASS PHILIPPINES, Inc.
Breakdown of Cost of Sales - Manufacturing
(to #3)
#2 Raw glass Raw glass Raw glass Raw glass
Inventory + net Purchases = used + Inventory
Beginning (2013) ending (2014)
0 + 440,644,422 440,644,422 + 0
440,644,422 (frm note 11) 440,644,422
(from #4)
#5 Finished goods Costs of Goods Costs of Sales Finished goods
Inventory + Manufactured = + Inventory
Beginning (2013) ending (2014)
(incl Glass breakage)
?
136,656,252 + 632,611,473 = 743,228,265 + 26,039,460
769,267,725 769,267,725
ss breakage)
ss breakage)