Horizontal and Vertical Analysis of Profit & Loss Statement

Horizontal analysis Vertical analysis

2009 2008 2007 2009 2008 2007 2009 2008
Rs0 Rs0 Rs0          
               
et sales 61,580,072 45,716,789 38,382,645 134.70 119.11 100.00 100% 100%
ost of sales 20,624,486 16,210,385 13,841,367 127.23 117.12 100.00 33.5% 35.5%
ross profit 40,955,586 29,506,404 24,541,278 138.80 120.23 100.00    
her operating Income 4,149,732 3,092,142 2,465,022 134.20 125.44 100.00 6.7% 6.8%
her operating expenses 3,103,270 2,085,367 2,600,106 148.81 80.20 100.00 5.0% 4.6%
ofit before Interest &
xation 41,908,420 30,513,179 24,406,194 137.35 125.02 100.00    
nance costs 93,628 66,624 49,424 140.53 134.80 100.00 0.2% 0.1%
ofit before taxation 41,908,420 30,446,555 24,356,770 137.65 125.00 100.00    
               
axation 14,205,629 10,739,157 7,588,996 132.28 141.51 100.00 23.1% 23.5%
ofit after taxation 27,702,791 19,707,398 16,767,774 140.57 117.53 100.00 45.0% 43.1%

Horizontal and Vertical Analysis of Balance Sheet

 Horizontal Analysis Vertical Analysis
  2009 2008 2007 2009 2008 2007 2009 2008
  Rs0 Rs0 Rs0          
ASSETS          
Non-current assets                
Fixed assets 34,970,717 21,368,020 15,377,148 163.7 139.0 100.0 42.18% 35.02%
Long-term loans 9,897 11,752 10,853 84.2 108.3 100.0 0.01% 0.02%
Long-term deposits 615,000           0.74% 0.00%
Long term investment 1,854,333 1,781,469 677,384 104.1 263.0 100.0 2.24% 2.92%
Long-term receivables 27,531   -       0.03% 0.00%
Deferred Tax Asset - - 711,337     100.0    
  37,477,478 23,161,241 16,776,722 161.8 138.1 100.0 45.20% 37.95%
Current assets -              
Stores and spares 1,871,644 1,604,385 1,474,655 116.7 108.8 100.0 2.26% 2.63%
Trade debts 27,779,864 13,228,456 9,002,094 210.0 146.9 100.0 33.50% 21.68%
Loans and advances 414,760 46,506 34,001 891.8 136.8 100.0 0.50% 0.08%
Short-term prepayments 319,967 698,029 408,658 45.8 170.8 100.0 0.39% 1.14%
Accrued financial income 308,003 212,877 116,755 144.7 182.3 100.0 0.37% 0.35%
current maturity of long-term investments 24,980              
current maturity of long-term receivables 19,029   231,289     100.0    
Other Receivables 99,347 8,858 21,669 1121.6 40.9 100.0 0.12% 0.01%
Short Term Investments 13,216,706 20,968,017 21,515,496 63.0 97.5 100.0 15.94% 34.36%
Cash and Bank Balances 1,384,353 1,094,892 787,786 126.4 139.0 100.0 1.67% 1.79%
Total current Assets 45,438,653 37,862,020 33,592,403 120.0 112.7 100.0 54.80% 62.05%
TOTAL ASSETS 82,916,131 61,023,261 50,369,125 135.9 121.2 100.0 100% 100%
               
SHARE CAPITAL AND RESERVES                
Share capital 8,298,606 7,544,200 6,858,376 110.0 110.0 100.0 10.01% 12.36%
54,759,95 36,110,07 33,239,67
Reserves 1 1 5 151.6 108.6 100.0 66.04% 59.17%
 63,058,55 43,654,27 40,098,05
  7 1 1 144.4 108.9 100.0 76.05% 71.54%
NON CURRENT LIABILITIES                
Provision for decommissioning obligation 3,974,307 2,813,374 1,744,823 141.3 161.2 100.0 4.79% 4.61%
Liabilities against assets subject to finance lease 100,105 77,564 69,152 129.1 112.2 100.0 0.12% 0.13%
Deferred Liabilities 990,685 859,779 742,059 115.2 115.9 100.0 1.19% 1.41%
Deferred Income 5,830           0.01% 0.00%
Deferred taxation 138,563 39,157   353.9     0.17% 0.06%
  5,209,490 3,789,874 2,556,034 137.5 148.3 100.0 6.28% 6.21%
CURRENT LIABILITIES                
13,474,43 12,241,94
Trade and other payables 4 3 7,220,468 110.1 169.5 100.0 16.25% 20.06%
current maturity of long term liability for gas
development surcharge   - 231,289     100.0    
Current maturity of liabilities against assets subject
to finance lease 45,946 44,795 50,696 102.6 88.4 100.0 0.06% 0.07%
Current maturity of deferred income 971           0.00% 0.00%
Taxation 1,126,773 1,292,378 212,587 87.2 607.9 100.0 1.36% 2.12%
  14,648,084 13,579,116 7,715,040 107.9 176.0 100.0 17.67% 22.25%
CONTINGENCIES AND COMMITMENTS                
                 
TOTAL EQUITY AND LIABILITIES 82,916,131 61,023,261 50,369,125 135.9 121.2 100.0 100% 100%