Financial Analysis Of Allocated Company For The Years 2013-2017

Particulars	2013 (in $’000)
Revenue from sale of goods	45,086
Cost of sales	–           22,773
Gross profit	22,313
Other revenue	95,946
Other gains and losses	–                  11
Selling expenses	–           12,857
Marketing expenses	–           24,283
Occupancy expenses	–             2,556
Administration expenses	–             6,043
Operating expenses	–           16,541
Finance costs	–             7,389
Other expenses	–             3,046
Profit before tax	45,533
Income tax expense	–           13,527
Pofit for the year from continuing operations	32,006
Basic	0.260
Diluted	0.259
Particulars	2012 (in $’000)
Cash and cash equivalents	12,785
Trade and other receivables	16,545
Other financial assets	4,704
Inventories	3,654
Other	343
Total current assets	38,031
Trade and other receivables	77
Other financial assets	380
Property, plant and equipment	8,277
Deferred tax assets	1,008
Intangible assets	2,48,449
Total non-current assets	2,58,191
Total assets	2,96,222
Trade and other payables	6,372
Current tax liabilities	4,904
Provisions	1,506
Other	2,581
Total current liabilities	15,363
Borrowings	1,10,814
Other	–
Total non-current liabilities	1,11,177
Total liabilities	1,26,540
Net assets	1,69,682
Issued capital	99,876
Reserves	–                314
Retained earnings	70,120
Total equity	1,69,682
Particulars	2013 (in $’000)
Revenue from sale of goods	45,086
Cost of sales	–           22,773
Gross profit	22,313
Other revenue	95,946
Other gains and losses	–                  11
Selling expenses	–           12,857
Marketing expenses	–           24,283
Occupancy expenses	–             2,556
Administration expenses	–             6,043
Operating expenses	–           16,541
Finance costs	–             7,389
Other expenses	–             3,046
Profit before tax	45,533
Income tax expense	–           13,527
Pofit for the year from continuing operations	32,006
Basic	0.260
Diluted	0.259
Return on Total Assets:-
Particulars	Details
Net income	A
Opening total assets	B
Closing total assets	C
Average total assets	D=(B+C)/2
Return on total assets	A/D
Particulars	Details
Net income	A
Total equity	B
Rate of return on ordinary equity	A/B
Particulars	Details
Revenue from sale of goods	A
Operating income	B
Operating profit margin	B/A
Particulars	Details
Revenue from sale of goods	A
Gross profit	B
Gross profit margin	B/A
Particulars	Details
Cost of sales	A
Opening inventories	B
Closing inventories	C
Average inventories	D=(B+C)/2
Inventories turnover period (in days)	365/(A/D)
Particulars	Details
Revenue from sale of goods	A
Opening trade and other receivables	B
Closing trade and other receivables	C
Average trade and other receivables	D=(B+C)/2
Settlement period for debtors (in days)	365/(A/D)
Particulars	Details
Current assets	A
Current liabilities	B
Current ratio	A/B
Particulars	Details
Current assets	A
Inventories	B
Current liabilities	C
Quick ratio (acid test ratio)	(A-B)/C
Particulars	Details
Total liabilities	A
Total assets	B
Debt to assets ratio	A/B
Particulars	Details
Operating income	A
Finance costs	B
Interest cover ratio (times interest earned)	A/B
Particulars	Details
Revenue from sale of goods	A
Opening total assets	B
Closing total assets	C
Average total assets	D=(B+C)/2
Assets turnover	A/D
Ratios	Formulas
Return on total assets	Net income/ Average total assets
Rate of return on ordinary equity	Net income/ Total equity
Operating profit margin	Operating income/ Revenue
Gross profit margin	Gross profit/ Revenue
Invetories turnover period	365/(Cost of sales/ Average inventories)
Settlement period for debtors	365/(Revenue/ Average receivables)
Current ratio	Current assets/ Current liabilities
Quick ratio (acid test ratio)	(Current assets – Inventories)/ Current liabilities
Debt to assets ratio	Total debt/ Total assets
Interest cover ratio (times interest earned)	Operating income/ Finance costs
Assets turnover	Revenue/ Average total assets
Earnings per share	Net income/ Weighted average number of shares outstanding
Price-earnings ratio	Market price per share/ Earnings per share
Dividend yield	Dividend per share/ Market price per share