RATIO ANALYSIS
Illustration 1
Daima Ltd
The following are financial statements of Mascot plc.
Income Statement for the year ended 31st December
2009
£.000
Sales
5,700
Cost of sales
4,330
Gross profit
1,370
Administration costs
735
Operating profit
635
Interest
220
Profit before taxation
415
Taxation
125
Profit after taxation
290
Statement of Financial Position as at 31st December
2009
£. 000
£.000
Non- current assets
5,405
Current assets
Inventory
900
Receivables
460
Cash
55
1,415
TOTAL ASSETS
6820
Capital and reserves
Ordinary shares par £. 1
1,500
Preference shares par £. 1
1,000
Share premium
500
Reserves
910
3,910
Non – current liabilities
Debenture
1,100
Bank loan
1,000
2,100
Current liabilities
Trade Payables
425
Bank
Taxation
155
Dividends
230
810
TOTAL CAPITAL AND LIABILITIES
6820
2008
£. 000
5,300
4,000
1,300
620
680
190
490
147
343
£. 000
2008
£. 000
4,880
880
460
60
1,400
6280
1,500
1,000
500
850
3,850
1100
1100
190
800
110
230
1,330
6280
1
Required;
Ratio Analysis
Illustration 2
Mawazo Ltd
Required:
Ratio Analysis
2