Financial Analyses of Atlas Honda

7/27/2019 Financial Analyses of Atlas Honda

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Particulers 2013 2012 2011

ASSETSCurrent AssetStores,spares and loose tools 390,250 348,639 325,891 Stock in trade 2,171,536 2,161,328 2,003,029 Trade debts 514,742 598,265 401,435 Loans and advances 33,253 33,152 33,525 trade deposits and prepayments 47,722 44,832 36,936 Short term investments 1,635,183 1,460,580 1,338,474

Accrued mark-up/interest 11,603 4,348 8,517 Other receivables 6,302 15,338 15,075 Taxation-net 2,578 160,604 68,050 Bank balances 2,739,988 2,149,154 2,090,800

Total Current Assets 7,553,157 6,976,240 6,321,732

Non Current AssetsProperty, plant and equipment 4,421,744 3,941,610 3,259,193 Intengible Asset 5,555 6,419 7,137 Long term investment - - - Long term loans and advanes 25,583 20,420 22,403 Long term deposits and prepayments 8,399 15,728 10,765

Total Non current assets 4,461,281 3,984,177 3,299,498

Total Assets 12,014,438 10,960,417 9,621,230

Equities and liabilitiesShare capital and ReservesShare capital 827,253 719,350 625,522 Reserves 5,732,904 4,700,584 3,996,892

Total share capital and Reserves 6,560,157 5,419,934 4,622,414

Non current LiabilitiesLong term Borrowings 0 0 0Deferred liabilities 866,975 730,315 649,354

Total Non Current Liabilities 7,427,132 6,150,249 5,271,768

Current LiabilitiesTrade and other payables 4,583,303 4,810,168 4,255,584 Accrued mark-up/interest - - 6,378 Short term finances - - -

Honda AtlasBalance Sheet

………….Rupees in '000……….



Current portionof long term liabilities - - 87,500 Provision for taxation - - -

Total Current Liabilites 4,583,303 4,810,168 4,349,462

Total Equity and Liabilities 12,010,435 10,960,417 9,621,230

ParticulersASSETS 2013 2012 2011

Current Asset % % %Stores,spares and loose tools 3.25 3.18 3.39 Stock in trade 18.07 19.72 20.82 Trade debts 4.28 5.46 4.17 Loans and advances 0.28 0.30 0.35

trade deposits and prepayments 0.40 0.41 0.38 Short term investments 13.61 13.33 13.91 Accrued mark-up/interest 0.10 0.04 0.09 Other receivables 0.05 0.14 0.16 Taxation-net 0.02 1.47 0.71 Bank balances 22.81 19.61 21.73

Total Current Assets 62.87 63.65 65.71

Non Current AssetsProperty, plant and equipment 36.80 35.96 33.88 Intengible Asset 0.05 0.06 0.07

Long term investment - - - Long term loans and advanes 0.21 0.19 0.23 Long term deposits and prepayments 0.07 0.14 0.11

Total Non current assets 37.13 36.35 34.29

Total Assets 100.00 100.00 100.00

Equities and liabilitiesShare capital and ReservesShare capital 6.89 6.56 6.50 Reserves 47.73 42.89 41.54

Total share capital and Reserves 54.62 49.45 48.04 Non current LiabilitiesLong term Borrowings - - - Deferred liabilities 7.22 6.66 6.75

Total Non Current Liabilities 61.84 56.11 54.79

Current LiabilitiesTrade and other payables 38.16 43.89 44.23 Accrued mark-up/interest - - 0.07

Annalysis of Balance SVertical Annalysis



Short term finances - - - Current portionof long term liabilities - - 0.91 Provision for taxation - - -

Total Current Liabilites 38.16 43.89 45.21

Total Equity and Liabilities 100.00 100.00 100.00


Sales 42,325,242 38,011,857 32,521,399

Cost of Sales (38,646,049) (35,235,893) (30,080,978) Gross Profit 3,679,193 2,775,964 2,440,421 Sales and Marketing Expenses (1,206,648) (965,883) (815,463) Administrative expenses (387,477) (335,654) (310,742) Other Oprating Income 322,668 274,453 299,337 Other Oprating Expenses (190,453) (117,162) (109,597) Profit from Oprations 2,217,283 1,631,718 1,503,956 Finance Cost (9,726) (11,717) (93,475) Net Profit before taxation 2,207,557 1,620,001 1,410,481 Taxation (599,753) (415,892) (407,925) Net Profit after taxation 1,607,804 1,204,109 1,002,556

Cash Flow from Oprating activities 2,208,740 1,720,597 2,147,882 Cash flow from Investing activities (1,154,675) (1,171,217) (642,540) Cash flow from financing activities (463,231) (491,026) (1,056,505) Net Increase/(Decrease) in Cash 590,834 58,354 448,837

ParticulersProfit and Loss Account 2013 2012 2011

% % %Sales 100.00 100.00 100.00 Cost of Sales (91.31) (92.70) (92.50) Gross Profit 8.69 7.30 7.50

Profit and Loss Account and CashFlow Statements

Annalysis of Profit and Loss AccouStatements

Cash Flow Statements

Profit and Loss Account

Vertical Annalysis

……………Rupees in Thousands…………….



Sales and Marketing Expenses (2.85) (2.54) (2.51) Administrative expenses (0.92) (0.88) (0.96) Other Oprating Income 0.76 0.72 0.92 Other Oprating Expenses (0.45) (0.31) (0.34) Profit from Oprations 5.24 4.29 4.62 Finance Cost (0.02) (0.03) (0.29)

Net Profit before taxation 5.22 4.26 4.34 Taxation (1.42) (1.09) (1.25) Net Profit after taxation 3.80 3.17 3.08

Cash Flow StatementsCash Flow from Oprating activities 373.83 2,948.55 478.54 Cash flow from Investing activities (195.43) (2,007.09) (143.16) Cash flow from financing activities (78.40) (841.46) (235.39) Net Increase/(Decrease) in Cash 100.00 100.00 100.00



Liquidation Analyses

Days Sales in Receivable

Account Receivable Turnover

Account Receivable Turnover in DaysDays Sales in InventoryInvnetory TurnOverInvnetory TurnOver in DaysOperationg Cycle

Working Capital

Current RatioAcid-Test RatioCash RatioSales to Working Capital Ratio



2013 VS 2012 2012 VS 2011 2011

% % %11.94 6.98 100.00

0.47 7.90 100.00 (13.96) 49.03 100.00

0.30 (1.11) 100.00

6.45 21.38 100.00 11.95 9.12 100.00

166.86 (48.95) 100.00 (58.91) 1.74 100.00 (98.39) 136.01 100.00 27.49 2.79 100.00

8.27 10.35 100.00

12.18 20.94 100.00 (13.46) (10.06) 100.00

- - 100.00 25.28 (8.85) 100.00

(46.60) 46.10 100.00

11.97 20.75 100.00

9.62 13.92 100.00

15.00 15.00 100.00 21.96 17.61 100.00

21.04 17.25 100.00

- - 100.00 18.71 12.47 100.00

20.76 16.66 100.00

(4.72) 13.03 100.00 - (100.00) 100.00

heet Horizental Annalysis



- - 100.00 - (100.00) 100.00 - - 100.00

(4.72) 10.59 100.00

9.58 13.92 100.00

2013 VS 2012 2012 Vs 2011 2011

% % %111.35 116.88 100.00 109.68 117.14 100.00 132.54 113.75 100.00

t and Cash Flow

Horizental Annalysis



124.93 118.45 100.00 115.44 108.02 100.00 117.57 91.69 100.00 162.56 106.90 100.00 135.89 108.50 100.00

83.01 12.53 100.00

136.27 114.85 100.00 144.21 101.95 100.00 133.53 120.10 100.00

28.37 (19.89) 100.00 (1.41) 82.28 100.00 (5.66) (53.52) 100.00

912.50 (87.00) 100.00



Formula 2013 2012 2011 Remaks

Gross Receivables/Net Sales(365) 4.439 5.745 4.505

Net Sales/Avg. Gross Receivables 76.056 76.047

Avg. Gross Receivables/Net Sales(365) 4.799 4.800 Ending Inventory/Cost of Goods Sold(365) (20.509) (22.389) (24.305)

Cost of Goods Sold/Average Inventory (17.839) (16.923) Average Inventory/Cost of Goods Sold(365) (20.461) (21.569)

(15.662) (16.769)

Current Assets - Current Liabilities 2,969,854 2,166,072 1,972,270 Current Assets/Current Liabilities 1.648 1.450 1.453

(cash + Securities + Stoke)/Current Liabilities 1.428 1.200 1.249 (cash + Securities)/Current Liabilities 0.955 0.750 0.788

Sales/Avg Working Capital 16.48203 18.370573 32.978648

Accaount Receivable Turnover in Days + InvnetoryTurnOver in Days

1 ) Bracesare due to

neqative sign of CGS.

2 )2011 opening

inventoriesare not

treated.

(18.000)

(17.800)

(17.600)

(17.400)

(17.200)

(17.000)

(16.800)

(16.600)

(16.400)2013 2012

Invnetory TurnOver

Invnetory TurnOver

(20.200)

(20.000)

(19.800)2013 2012

Invnetory TurnOver in Days



(21.800) (21.600)

(21.400)

(21.200)

(21.000)

(20.800)

(20.600)

(20.400)

InvnetoryTurnOver in Days



-

1.000

2.000

3.000

4.000

5.000

6.000

7.000

2013 2012 2011



76.040

76.042

76.044

76.046

76.048 76.050

76.052

76.054

76.056

76.058

2013 2012

Account Receivable Turnover

Account ReceivableTurnover

(15.400)

(15.200)

(15.000)2013 2012

Operating Cycle



(17.000) (16.800)

(16.600)

(16.400)

(16.200)

(16.000)

(15.800)

15.600

Operating Cycle



4.799

4.799

4.799

4.799

4.800

4.800

2013 2012

Account Receivable Turnover in Days

Series2

(23.000)

(22.500)

(22.000)

(21.500) (21.000)

(20.500)

(20.000)

(19.500)2013 2012

Days Sales in Inventory

Days Sales in Inventory

2,500,000

3,000,000

3,500,000

Working Capital



-

500,000

1,000,000

1,500,000

2,000,000

2013 2012 2011

Working Capital



1.350

1.400

1.450

1.500

1.550

1.600

1.650 1.700

4.439 5.745 4.505

2013 2012 2011

Current Ratio

Current Ratio

1.050

1.100

1.150

1.200

1.250

1.300

1.350

1.400

1.450

2013 2012 2011

Acid-Test Ratio

Acid-Test Ratio

1.000

1.200

Cash Ratio



-

0.200

0.400

0.600

.

2013 2012 2011

Cash Ratio









Total Assets 12,014,438 10,960,417 9,621,230







………….Rupees in '000……….













Total Assets 100.00 100.00 100.00





Annalysis of Balance SheVertical Annalysis







Sales 42,325,242 38,011,857 32,521,399 Cost of Sales (38,646,049) (35,235,893) (30,080,978) Gross Profit 3,679,193 2,775,964 2,440,421 Sales and Marketing Expenses (1,206,648) (965,883) (815,463)

Administrative expenses (387,477) (335,654) (310,742) Other Oprating Income 322,668 274,453 299,337 Other Oprating Expenses (190,453) (117,162) (109,597) Profit from Oprations 2,217,283 1,631,718 1,503,956 Finance Cost (9,726) (11,717) (93,475) Net Profit before taxation 2,207,557 1,620,001 1,410,481 Taxation (599,753) (415,892) (407,925) Net Profit after taxation 1,607,804 1,204,109 1,002,556



% % %Sales 100.00 100.00 100.00 Cost of Sales (91.31) (92.70) (92.50) Gross Profit 8.69 7.30 7.50 Sales and Marketing Expenses (2.85) (2.54) (2.51) Administrative expenses (0.92) (0.88) (0.96) Other Oprating Income 0.76 0.72 0.92 Other Oprating Expenses (0.45) (0.31) (0.34) Profit from Oprations 5.24 4.29 4.62

Vertical Annalysis

Profit and Loss Account and Cash




Annalysis of Profit and Loss Account



Finance Cost (0.02) (0.03) (0.29) Net Profit before taxation 5.22 4.26 4.34 Taxation (1.42) (1.09) (1.25) Net Profit after taxation 3.80 3.17 3.08




PayAbility Analyses

Debt ratioDebt to equity ratioDebt to comon equity ratioDebt to tangiable net worth

Times interst earned

Fixed charged coverage ratio



2013 VS 2012 2012 VS 2011 2011

% % %11.94 6.98 100.00

0.47 7.90 100.00 (13.96) 49.03 100.00

0.30 (1.11) 100.00

6.45 21.38 100.00 11.95 9.12 100.00

166.86 (48.95) 100.00 (58.91) 1.74 100.00 (98.39) 136.01 100.00 27.49 2.79 100.00

8.27 10.35 100.00

12.18 20.94 100.00 (13.46) (10.06) 100.00

- - 100.00 25.28 (8.85) 100.00

(46.60) 46.10 100.00

11.97 20.75 100.00

9.62 13.92 100.00

15.00 15.00 100.00 21.96 17.61 100.00

21.04 17.25 100.00

- - 100.00 18.71 12.47 100.00

20.76 16.66 100.00

(4.72) 13.03 100.00 - (100.00) 100.00

et Horizental Annalysis



- - 100.00 - (100.00) 100.00 - - 100.00

(4.72) 10.59 100.00

9.58 13.92 100.00

2013 VS 2012 2012 Vs 2011 2011

% % %111.35 116.88 100.00 109.68 117.14 100.00 132.54 113.75 100.00 124.93 118.45 100.00 115.44 108.02 100.00 117.57 91.69 100.00 162.56 106.90 100.00 135.89 108.50 100.00

Horizental Annalysis

nd Cash Flow



83.01 12.53 100.00 136.27 114.85 100.00 144.21 101.95 100.00 133.53 120.10 100.00

28.37 (19.89) 100.00 (1.41) 82.28 100.00 (5.66) (53.52) 100.00

912.50 (87.00) 100.00



Formula 2013 2012 2011 Remaks

total debt/total assets*100 45.3644 50.54993 51.9561total debt/total equity*100 183.08 202.22 208.14

total debt/comon share equity*100 183.08 202.22 208.14total debt/(total equity-intangible assets)*100 296.55 316.07 322.69

-227.9748 -139.2607 -16.08939Recurring Earnings, Excluding Interest Expense,

Tax Expense, Equity Earning, and MinorityEarnings/Interest Expense, Including capitalized interst

no asset is seamed to be on lease so times interst earned and fixed charge coverage will be taken as same

1 ) Negative Sign is

due to neqative sign

of CGS.



ntrepret ionsthe analyses shows that company was batter enable to pay

its debts in latter years, as it laid off much of its debt

major decrease in debt is explicit

too much investment have been done through debt









Total Assets 12,014,438 10,960,417 9,621,230







………….Rupees in '000……….













Total Assets 100.00 100.00 100.00





Annalysis of Balance SheVertical Annalysis







Sales 42,325,242 38,011,857 32,521,399 Cost of Sales (38,646,049) (35,235,893) (30,080,978) Gross Profit 3,679,193 2,775,964 2,440,421 Sales and Marketing Expenses (1,206,648) (965,883) (815,463)

Administrative expenses (387,477) (335,654) (310,742) Other Oprating Income 322,668 274,453 299,337 Other Oprating Expenses (190,453) (117,162) (109,597) Profit from Oprations 2,217,283 1,631,718 1,503,956 Finance Cost (9,726) (11,717) (93,475) Net Profit before taxation 2,207,557 1,620,001 1,410,481 Taxation (599,753) (415,892) (407,925) Net Profit after taxation 1,607,804 1,204,109 1,002,556



% % %Sales 100.00 100.00 100.00 Cost of Sales (91.31) (92.70) (92.50) Gross Profit 8.69 7.30 7.50 Sales and Marketing Expenses (2.85) (2.54) (2.51) Administrative expenses (0.92) (0.88) (0.96) Other Oprating Income 0.76 0.72 0.92 Other Oprating Expenses (0.45) (0.31) (0.34) Profit from Oprations 5.24 4.29 4.62




Annalysis of Profit and Loss AccountVertical Annalysis

Profit and Loss Account and Cash



Finance Cost (0.02) (0.03) (0.29) Net Profit before taxation 5.22 4.26 4.34 Taxation (1.42) (1.09) (1.25) Net Profit after taxation 3.80 3.17 3.08




Profitability Analyses

Net Profit Margin

Asset TurnoverReturn on Assets

_DopontReturn on Common EquityOperating Income MarginReturn on Operating IncomeOperating Asset TurnOver

_DopontGross Profit Margin

Return on Equity

Return on Investment



2013 VS 2012 2012 VS 2011 2011

% % %11.94 6.98 100.00

0.47 7.90 100.00 (13.96) 49.03 100.00

0.30 (1.11) 100.00

6.45 21.38 100.00 11.95 9.12 100.00

166.86 (48.95) 100.00 (58.91) 1.74 100.00 (98.39) 136.01 100.00 27.49 2.79 100.00

8.27 10.35 100.00

12.18 20.94 100.00 (13.46) (10.06) 100.00

- - 100.00 25.28 (8.85) 100.00

(46.60) 46.10 100.00

11.97 20.75 100.00

9.62 13.92 100.00

15.00 15.00 100.00 21.96 17.61 100.00

21.04 17.25 100.00

- - 100.00 18.71 12.47 100.00

20.76 16.66 100.00

(4.72) 13.03 100.00 - (100.00) 100.00

et Horizental Annalysis



- - 100.00 - (100.00) 100.00 - - 100.00

(4.72) 10.59 100.00

9.58 13.92 100.00

2013 VS 2012 2012 Vs 2011 2011

% % %111.35 116.88 100.00 109.68 117.14 100.00 132.54 113.75 100.00 124.93 118.45 100.00 115.44 108.02 100.00 117.57 91.69 100.00 162.56 106.90 100.00 135.89 108.50 100.00

nd Cash FlowHorizental Annalysis



83.01 12.53 100.00 136.27 114.85 100.00 144.21 101.95 100.00 133.53 120.10 100.00

28.37 (19.89) 100.00 (1.41) 82.28 100.00 (5.66) (53.52) 100.00

912.50 (87.00) 100.00



Formula 2013 2012 2011

Net Income/Sales*100 3.798688263 3.167719 3.082758

Sales/Averager Assets 3.684483928 3.693762Net Income/Average Assets*100 13.99620585 11.7008

Net Profit Margin*Asset TurnOver 13.99620585 11.7008Net Income/Equity*100 24.50862075 22.2163 21.68901

operating income/sales*100 5.238677667 4.292655 4.624512operating income/average operating assets*100 19.37104894 15.92015

Sales/average operating assets 3.697698193 3.481625

operating income*operating turnover 19.37104894 14.94542 0G.P/Sales*100 8.69266855 7.30289 7.504047

Net Income Before Non recurring Items – Dividend onRedeemable Preferred stock)*100

24.50862075 22.2163

Net Incom Before Minorities Share of Earnings and Nonrecurring items + [(Interest Expense)*1-Tax Rate)]

21.70 19.66 19.78

21.68901



Remaks ntrepret ions

1)2011 Returnsare

not operated due to

unavailablity of data

of 2010

the profotability analyses showsthat all the operating performance

of the company went towardsbetterment in all aspects

Dopunt analyses illustraties lack ofcertain descrepencies in the

operations of the firm

2)no preffered

stock have been

issued

one reason for increased return onequity might be only due to mere

decrease in debt

Tax Rate is supposed to be 57%



Analysis of Financial Stateme

Particulers 2013

ASSETSCurrent AssetStores,spares and loose tools 390,250 Stock in trade 2,171,536 Trade debts 514,742 Loans and advances 33,253 trade deposits and prepayments 47,722 Short term investments 1,635,183

Accrued mark-up/interest 11,603 Other receivables 6,302 Taxation-net 2,578 Bank balances 2,739,988

Total Current Assets 7,553,157

Non Current AssetsProperty, plant and equipment 4,421,744 Intengible Asset 5,555 Long term investment - Long term loans and advanes 25,583 Long term deposits and prepayments 8,399

Total Non current assets 4,461,281

Total Assets 12,014,438

Equities and liabilitiesShare capital and ReservesShare capital 827,253 Reserves 5,732,904

Total share capital and Reserves 6,560,157

Non current LiabilitiesLong term Borrowings 0Deferred liabilities 866,975

Total Non Current Liabilities 7,427,132

Current LiabilitiesTrade and other payables 4,583,303 Accrued mark-up/interest - Short term finances -



Current portionof long term liabilities - Provision for taxation -

Total Current Liabilites 4,583,303

Total Equity and Liabilities 12,010,435

Annalysis of Finacial Stateme ParticulersASSETS 2013

Current Asset %Stores,spares and loose tools 3.25 Stock in trade 18.07

Trade debts 4.28 Loans and advances 0.28 trade deposits and prepayments 0.40 Short term investments 13.61 Accrued mark-up/interest 0.10 Other receivables 0.05 Taxation-net 0.02 Bank balances 22.81

Total Current Assets 62.87

Non Current AssetsProperty, plant and equipment 36.80 Intengible Asset 0.05 Long term investment - Long term loans and advanes 0.21 Long term deposits and prepayments 0.07

Total Non current assets 37.13

Total Assets 100.00

Equities and liabilitiesShare capital and Reserves

Share capital 6.89 Reserves 47.73

Total share capital and Reserves 54.62

Non current LiabilitiesLong term Borrowings - Deferred liabilities 7.22

Total Non Current Liabilities 61.84

Current Liabilities



Trade and other payables 38.16 Accrued mark-up/interest - Short term finances - Current portionof long term liabilities - Provision for taxation -

Total Current Liabilites 38.16

Total Equity and Liabilities 100.00

Analysis of th Financial StateProfit and Loss Account and CParticulers 2013

Profit and Loss AccountSales 42,325,242 Cost of Sales (38,646,049) Gross Profit 3,679,193 Sales and Marketing Expenses (1,206,648) Administrative expenses (387,477) Other Oprating Income 322,668 Other Oprating Expenses (190,453) Profit from Oprations 2,217,283 Finance Cost (9,726) Net Profit before taxation 2,207,557 Taxation (599,753) Net Profit after taxation 1,607,804

Cash Flow StatementsCash Flow from Oprating activities 2,208,740 Cash flow from Investing activities (1,154,675) Cash flow from financing activities (463,231)

Net Increase/(Decrease) in Cash 590,834

Annalysis of Finacial StatemeProfit and Loss and Cash Flow



ParticulersProfit and Loss Account 2013

%Sales 100.00

Cost of Sales (91.31) Gross Profit 8.69 Sales and Marketing Expenses (2.85) Administrative expenses (0.92) Other Oprating Income 0.76 Other Oprating Expenses (0.45) Profit from Oprations 5.24 Finance Cost (0.02) Net Profit before taxation 5.22 Taxation (1.42)

Net Profit after taxation 3.80 Cash Flow StatementsCash Flow from Oprating activities 373.83 Cash flow from Investing activities (195.43) Cash flow from financing activities (78.40) Net Increase/(Decrease) in Cash 100.00

CHAPTER

Supposed Data To Solve Chpter'S Pr 2013

1.08$

0.80$

12.94$

Income Before Intrest and Tax 22,170,000.00$

Intrest Amount 175,000.00$

Income Before Tax 21,995,000.00$

Weighted Average share outstanding 9,000,000.00$

25,380,000,300

1,264,086,000.00$

823,758,000.00$

16,600,000.00$

4,567,000.00$

32,094,000.00$

Total Liabilities

Earning per sharCash dividend per common ShareMarket price per common Share

Common Share OutstandingTotal Asset

Nonredeemable Preferred StockPreferred DividendsNet Income



1 Digree of Financial Leverage = Earining Before Intrest a

2 Earning per Share = Net Income - Preferred D

3 Price/Earning Ratio = Market Price per Share

4 Percentage of Earning Retained = Net Income Before Nonr

5 Dividend Payout = Dividend per Common S

6 Dividend Yield = Dividend per common S

7 Book Value per Share = Total Share Holder Equit

CHAPTER2013

Oprating Cash Flow 1736.1Total Debt 4556.5Current Maturities of long term debt and N/P 374.9Diluted Weighted Average Common Shares Out 490.7Preferred Dividends 55Cash Dividends 466.7

1 Oprating Cash Flow/ Current Maturities of Long-Term Debt =4.63

2 Oprating Cash Flow/ Total Debt = Oprating Cash Flow / To38.10%

3 Oprating Cash Flow Per Share = Oprating Cash Flow - Pr3.43$

4 Oprating Cash Flow / Cash Dividends Oprating Cash Flow / Ca

1.0080

3.06$

11.98$

79.40%

74.07%

6.18%

0.02$



3.72



t (Balance Sheet)2012 2011

348,639 325,891 2,161,328 2,003,029

598,265 401,435 33,152 33,525 44,832 36,936

1,460,580 1,338,474

4,348 8,517 15,338 15,075

160,604 68,050 2,149,154 2,090,800

6,976,240 6,321,732

3,941,610 3,259,193 6,419 7,137

- - 20,420 22,403 15,728 10,765

3,984,177 3,299,498

10,960,417 9,621,230

719,350 625,522 4,700,584 3,996,892

5,419,934 4,622,414

0 0730,315 649,354

6,150,249 5,271,768

4,810,168 4,255,584 - 6,378 - -

Honda Atlas

………….Rupees in '000……….



- 87,500 - -

4,810,168 4,349,462

10,960,417 9,621,230

ts (Balance Sheet)

2012 2011 2013 VS 2012 2012 VS 2011

% % % %3.18 3.39 11.94 6.98

19.72 20.82 0.47 7.90

5.46 4.17 (13.96) 49.03 0.30 0.35 0.30 (1.11) 0.41 0.38 6.45 21.38

13.33 13.91 11.95 9.12 0.04 0.09 166.86 (48.95) 0.14 0.16 (58.91) 1.74 1.47 0.71 (98.39) 136.01

19.61 21.73 27.49 2.79

63.65 65.71 8.27 10.35

35.96 33.88 12.18 20.94 0.06 0.07 (13.46) (10.06) - - - -

0.19 0.23 25.28 (8.85) 0.14 0.11 (46.60) 46.10

36.35 34.29 11.97 20.75

100.00 100.00 9.62 13.92

6.56 6.50 15.00 15.00 42.89 41.54 21.96 17.61

49.45 48.04 21.04 17.25

- - - - 6.66 6.75 18.71 12.47

56.11 54.79 20.76 16.66

Vertical Annalysis Horizental An



43.89 44.23 (4.72) 13.03 - 0.07 - (100.00) - - - - - 0.91 - (100.00) - - - -

43.89 45.21 (4.72) 10.59

100.00 100.00 9.58 13.92

etssh Flow Statements

2012 2011

38,011,857 32,521,399 (35,235,893) (30,080,978)

2,775,964 2,440,421 (965,883) (815,463) (335,654) (310,742) 274,453 299,337

(117,162) (109,597) 1,631,718 1,503,956

(11,717) (93,475) 1,620,001 1,410,481 (415,892) (407,925)

1,204,109 1,002,556

1,720,597 2,147,882 (1,171,217) (642,540)

(491,026) (1,056,505)

58,354 448,837

ts Statements




2012 2011 2013 VS 2012 2012 Vs 2011

% % % %100.00 100.00 111.35 116.88

(92.70) (92.50) 109.68 117.14 7.30 7.50 132.54 113.75

(2.54) (2.51) 124.93 118.45 (0.88) (0.96) 115.44 108.02 0.72 0.92 117.57 91.69

(0.31) (0.34) 162.56 106.90 4.29 4.62 135.89 108.50

(0.03) (0.29) 83.01 12.53 4.26 4.34 136.27 114.85

(1.09) (1.25) 144.21 101.95

3.17 3.08 133.53 120.10

2,948.55 478.54 28.37 (19.89) (2,007.09) (143.16) (1.41) 82.28

(841.46) (235.39) (5.66) (53.52) 100.00 100.00 912.50 (87.00)

# 9

actices: 2012 2011

1.14$ 1.19$

0.76$ 0.72$

15.19$ 20.00$

20,341,500.00$ 19,456,700.00$

165,000.00$ 160,000.00$

20,176,500.00$ 19,296,700.00$

8,000,000.00$ 5,000,000.00$

25,316,000 25,310,500

1,172,924,000.00$ 1,050,424,700.00$

742,499,000.00$ 645,100,500.00$

16,600,000.00$ 15,520,200.00$

930,000.00$ 673,800.00$

31,049,000.00$ 28,050,000.00$

Vertical Annalysis Horizental An



nd Tax / Earning Before Tax

ividends/Weighted average number of share outstanding

Diluted Earning per Share, Before Nonrecurring Items

curring Items - All Dividends / Net Income Before Nonrecurring Items

are / Diluted Earning per share Before Nonrecurring Items

are / Market Price per common Share

y - Preferred Stock Equity / Number of Common Share Outstanding

NO 102012 2011

1936.3 2213.84617.4 4755.8

184 312.6504.1 701.2

202 540412.9 634.2

Oprating Cash Flow/ Current Maturities of Long-Term Debts and Current Notes Payable10.52 7.08

al Debts41.93% 46.55%

ferred Dividends / Diluted Weighted Average Common Shares Outstanding3.44$ 2.39$

sh Dividends

1.0083

3.76$ 5.48$

13.32$ 16.81$

1.0082

95.43% 96.54%

66.67% 60.50%

5.00% 3.60%

16.97$ 15.99$



4.69 3.49



2011

%100.00 100.00

100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

100.00

100.00 100.00 100.00 100.00 100.00

100.00

100.00

100.00 100.00

100.00

100.00 100.00

100.00

alysis



100.00 100.00 100.00 100.00 100.00

100.00

100.00



2011

%100.00

100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

100.00

100.00 100.00 100.00 100.00

alysis

Financial Analyses of Atlas Honda

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