VERTICAL ANALYSIS

2017 2018
ASSETS
Current Assets
Cash 1,191.00 3.14% 2,030.50 4.26%
Marketable Securities 4,002.00 10.54% 2,636.00 5.53%
Accounts Receivable 4,383.50 11.55% 4,704.00 9.87%
Allowance for doubtful accounts -208.5 -0.55% -224 -0.47%
Inventories 18,384.50 48.44% 23,520.50 49.36%
Prepaid expenses 379.5 1.00% 256 0.54%
Total Current Assets 28,132.00 74.12% 32,923.00 69.09%

Property, Plant and Equipment

Land 405.5 1.07% 405.5 0.85%

Buildings and leasehold
5,964.00 15.71% 9,136.50
improvements 19.17%
Equipment 6,884.00 18.14% 10,761.50 22.58%
13,253.50 34.92% 20,303.50 42.61%
Less: accumulated depreciation
-3,765.00 -9.92% -5,764.00
and amortization -12.10%
Net Property, plant and
9,488.50 25.00% 14,539.50
equipment 30.51%

Other Assets 334 0.88% 186.5 0.39%

TOTAL ASSETS 37,954.50 100.00% 47,649.00 100.00%

LIABILITIES AND EQUITY

Current Liabilities
Accounts payable 3,795.50 10.00% 7,147.00 15.00%
Notes payable – banks 3,006.00 7.92% 2,807.00 5.89%
Current maturities of long term
758 2.00% 942
debt 1.98%
Accrued Liabilities 2,656.50 7.00% 2,834.50 5.95%
Total current liabilities 10,216.00 26.92% 13,730.50 28.82%

Deferred Income Taxes 317.5 0.84% 421.5

0.88%

Long-term Debt 8,487.50 22.36% 10,529.50 22.10%

TOTAL LIABILITIES 19,021.00 50.12% 24,681.50 51.80%

Equity
Ordinary shares,par value P1, 2,297.00 6.05% 2,401.50 5.04%
authorized 10,000,000 shares,
issued 2,297,000 shares in 2017
and 2,401,500 shares in 2018
Additional Paid-In Capital 455 1.20% 478.5 1.00%
Retained Earnings 16,181.50 42.63% 20,087.50 42.16%
TOTAL EQUITY 18,933.50 49.88% 22,967.50 48.20%

TOTAL LIABILITIES & EQUITY 37,954.50 100.00% 47,649.00 100.00%

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