find the trend analysis of this income statment and balance sheet
Transcribed Image Text:EXHIBIT 1: INCOME STATEMENT, APRIL 1 TO MARCH 31 (IN E THOUSANDS)
2012-13
2013-14
2014-15
Salos
Cosh
200
480
4,320
4,800
2.832
800
Crodit
1,800
2,000
7.200
8,000
4,800
3,200
Totol salos
Cost of goods sold
Gross profit
Oparating oxponsos:
Gonoral, administration, and solling oxpansos
Doprociotion
Intorost oxpanso8 (on borrowings)
Profit before tax (PBT)
Tax @30%
Profit aftor tax (PAT)
1,240
760
1,968
1,000
660
340
80
450
100
400
60
158
1,200
360
520
960
156
288
364
672
840
D: Company's auditod financial stntoment.
EXHIBIT 2: BALANCE SHEET (IN E THOUSANDS)
2012-13
2013-14
2014-15
Assota
Fixod assots (not of doprociation)
Current assots
Cash and cash oquivalonts
1,900
2,500
4,700
100
1,500
1,500
40
106
2,100
2,250
Accounts rocolvable
300
Invontories
320
Total
2,560
5,600
9,156
Equity & Linbllitios
Equity share capital (sharos of
10 0ach)
Reserve & surplus
Long-torm borrowings
Curront llobilitlos
1,600
1,036
1,236
1,728
1,200
2,000
364
736
260
1.876
2,500
2,780
Total
2,560
5,600
9,156
p: Company's auditod financial statement.
Definition Definition Financial statement that provides a snapshot of an organization's financial position at a specific point in time. It summarizes a company's assets, liabilities, and shareholder's equity, detailing what the company owns, what it owes, and what is left over for its owners. The balance sheet serves as a crucial tool to assess the financial health and stability of a company, as well as to help management make informed decisions about its future investments and financial obligations.
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