SSC
Analysis of Financial Statement
Notes For Class – XII

DEEPAK GUPTA
9213975057
Tools for Analysis of Financial Statements:1. Comparative Statement
2. Common size statement
3. Ratio Analysis
4. Cash flow statement
5. Trend Analysis
6. Fund flow statement
Particulars
Comparative Balance Sheet (HORIZONTAL FORM)
as on ….. 2009 and 2010
2009
2010
Absolute
Rs.
Rs.
Change
(Increase or
Decrease)
Rs.
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A. Fixed Assets
B. Investment
C. Working Capital
(Current Assets less Current Liabilities
Percentage
Change
(Increase or
Decrease
%
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D. Capital Employed (A+B+C)
E. Less: Long-term Debts (secured loans
and unsecured loans)
F. Shareholders’ Funds
Represented by:
Equity Share Capital
Preference Share Capital
Reserves and Surplus(less:
miscellaneous expenditure)
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G. Share holders’ Funds
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SSC
DEEPAK GUPTA
9213975057
COMPARATIVE INCOME STATEMENT
for the years ended 31st March, 2009 and 2010
Particulars
2009
2010
Absolute
Change
(Increase of
Decrease)
Rs.
Rs.
Rs.
Net sales (gross sales – sales return)
…
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Less: Cost of Goods Sold
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Gross Profit
Less Operating Expenses:
Office Administration,
Selling and Distribution
Net Operating Profits
Add: Other Income
Less: Non-Operating Expenses
Profit before Interest and Tax
Less: Interest Paid
Profit before Tax
Income Tax Paid
Profit after Tax
Percentage
Change
(Increase of
Decrease %)
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COMMON SIZE INCOME STATEMENT
for the years ended 31st March, 2009 and 2010
Particulars
(1)
A.
B.
C.
D.
E.
F.
G.
H.
I.
J.
K.
L.
M.
N.
Gross Sales
Less: Returns
Net Sales (A – B)
Less: Cost of Goods Sold
Gross Profit (C – D)
Less: Operating Expenses
(i) Operating and Administrative Expenses
(ii)Selling and Distribution Expenses
Operating profit (E – F)
Add: Non-operating Income
Less: Non-operating Expenses
Net Income before intt &Tax
Less: interest paid
Net profit before tax
Tax paid
Net Income after Tax
Absolute Amounts
2009 (Rs.)
2010 (Rs.)
(2)
(3)
Percentage of Net Sales
2009 (%)
2010 (%)
(4)
(5)
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100
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100
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SUCCESS STUDY CIRCLE (REGD.)
(A Gateway of sure success)
14A, 40 FEET ROAD, JAIN NAGAR, DELHI – 110081, PH.: 8800929191, 011-64506028
SSC
DEEPAK GUPTA
9213975057
COMMON SIZE BALANCE SHEET
Particulars
Assets
Fixed Assets
Investments
Current Assets
Total
Liabilities
Share Capital:
- Equity
- Preference
Reserves and Surplus
Secured Loans
Unsecured Loans
Current Liabilities
Provisions
as on 31st March, 2009 and 2010
Absolute Amounts
percentage of
balance Sheet Total
2009 (Rs.) 2010 (Rs.) 2009 (%)
2010 (%)
(2)
(3)
(4)
(5)
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100
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100
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100
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100
SUCCESS STUDY CIRCLE (REGD.)
(A Gateway of sure success)
14A, 40 FEET ROAD, JAIN NAGAR, DELHI – 110081, PH.: 8800929191, 011-64506028