Increase (decrease) AMOUNT 2015 2014 PERCENT Assets Current Assets Cash & Cash Equivalent Held for Trading Trade & Other Receivables Inventory Total Current Assets 24,890 2,120 10,000 16,000 8,960 59,850 6,000 10,600 18,720 Non-Current Asset Property, Plant & Equipment Investment in Equity Securities 150,000 16,000 166,000 225,850 161,280 20,000 181,280 200,000 Total Non-Current Asset TOTAL ASSETS Liabilities and Shareholders’ Equity Current Liabilities Trade & Other Payables Unearned Revenues Notes Payable – current Total Current Liabilities Non – Current Liabilities Notes Payable – non-current Total Liabilities 8,400 10,600 3,350 11,650 900 600 19,900 15,600 73,550 100,000 93,450 115,600 Shareholders’ Equity Ordinary Shares, P100 par Premium on Ordinary Shares Total paid-in-capital 80,000 16,000 96,000 60,000 10,000 70,000 Retained Earnings Total Shareholders’ Equity TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY 36,400 132,400 14,400 84,400 225,850 200,000
Increase (decrease) AMOUNT 2015 2014 PERCENT Assets Current Assets Cash & Cash Equivalent Held for Trading Trade & Other Receivables Inventory Total Current Assets 24,890 2,120 10,000 16,000 8,960 59,850 6,000 10,600 18,720 Non-Current Asset Property, Plant & Equipment Investment in Equity Securities 150,000 16,000 166,000 225,850 161,280 20,000 181,280 200,000 Total Non-Current Asset TOTAL ASSETS Liabilities and Shareholders’ Equity Current Liabilities Trade & Other Payables Unearned Revenues Notes Payable – current Total Current Liabilities Non – Current Liabilities Notes Payable – non-current Total Liabilities 8,400 10,600 3,350 11,650 900 600 19,900 15,600 73,550 100,000 93,450 115,600 Shareholders’ Equity Ordinary Shares, P100 par Premium on Ordinary Shares Total paid-in-capital 80,000 16,000 96,000 60,000 10,000 70,000 Retained Earnings Total Shareholders’ Equity TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY 36,400 132,400 14,400 84,400 225,850 200,000
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.10E
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
Transcribed Image Text:TREN Corporation
Comparative Statements of Financial Position
December 31, 2015
(in Thousand pesos)
Increase (decrease)
PERCENT
2015
2014
AMOUNT
Assets
Current Assets
Cash & Cash Equivalent
Held for Trading
Trade & Other Receivables
Inventory
24,890
10,000
16,000
2,120
6,000
8,960
10,600
Total Current Assets
59,850
18,720
Non-Current Asset
Property, Plant & Equipment
Investment in Equity Securities
150,000
161,280
16,000
20,000
Total Non-Current Asset
181,280
200,000
166,000
TOTAL ASSETS
225,850
Liabilities
and
Shareholders’
Equity
Current Liabilities
Trade & Other Payables
Unearned Revenues
8,400
10,600
3,350
11,650
Notes Payable – current
900
600
Total Current Liabilities
19,900
15,600
Non – Current Liabilities
73,550
Notes Payable – non-current
Total Liabilities
100,000
93,450
115,600
Shareholders’ Equity
Ordinary Shares, P100 par
Premium on Ordinary Shares
Total paid-in-capital
80,000
60,000
16,000
10,000
96,000
70,000
Retained Earnings
Total Shareholders’ Equity
TOTAL LIABILITIES &
SHAREHOLDERS’ EQUITY
36,400
14,400
84,400
132,400
225,850
200,000
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