Kindly make a thorough analysis or explanation of this ho
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Kindly make a thorough analysis or explanation of this horizontal analysis comparative income statement.
Transcribed Image Text:Particulars
ASSETS
Current Assets
Cash & Cash Equivalents
Accounts Receivable, Net
Inventories
Prepaid Expenses
Other Current Assets
Total Current Assets
Non-Current Assets
Property, Plant and Equipment
Capitalized/Purchased Software
Long Term Investments
Goodwill
Other Intangibles
Other Long Term Assets
Total Non-Current Assets
TOTAL ASSETS
LIABILITIES
Current Liabilites
Accounts Payable
Accrued Expenses
Current Portion of LT Debt
Current Portion of Capital Lease Obligatio
Other Current Liabilities
Total Current Liabilites
Non-Current Liabilities
Long-Term Debt
Capital Leases
Other Non-Current Liabilities
Total Non-Current Liabilities
TOTAL LIABILITIES
EQUITY
Common Stock
Additional Paid in Capital
Retained Earnings
Treasury Stock
Other Common Equity Adj.
Common Equity
Total Preferred Equity
Minority Interest, Total
TOTAL EQUITY
TOTAL LIABILITIES & EQUITY
Cash and Short Term Investments
TOTAL DEBT
2017-2018
Amount
P12,004.20
472.60
1,612.20
322.20
1,597.00
P16,008.20
P6,791.20
(739.40)
(934.50)
(142.80)
(1,042.70)
1,791.80
P5,723.60
P21,731.80
(P961.50)
2,179.20
8,478.70
0.00
(3,513.90)
P6,182.50
P8,273.20
(624.80)
1,315.00
P8,963.40
P15,145.90
P6.90
208.90
5,459.40
0.00
929.20
P6,604.40
0.00
(18.50)
P6,585.90
P21,731.80
Globe Telecom Inc.
Comparative Income Statement
Horizontal Analysis
For the Years Ended December 31, 2017 to 2021
2018-2019
12,004.20
P16,127.10
%
106.97%
1.73%
49.72%
17.07%
11.52%
27.83%
(14.66%)
8.76%
102.41%
0.00%
(8.88%)
7.80%
6.71%
(100.00%)
16.33%
6.79%
7.17%
0.10%
0.58%
25.15%
0.00%
1888.62%
10.20%
4.18%
P16,835.00
(6.11%)
(115.60)
(2.54%)
(1,395.80)
(11.13%) P1,759.10
(7.67%)
P95.80
(29.16%)
(601.90)
2.60%
P16,576.60
7.82%
P4,792.60
0.00%
(43.33%)
9.90%
7.82%
Amount
106.97%
12.20%
(P14,928.30) (64.27%)
407.80
1.47%
(141.30)
16,738.70
(13,860.90)
(89.68%)
(P11,784.00) (16.03%)
F4,267.80
2,743.70
(3,838.30)
981.80
(5,043.40)
(P888.40)
(P8,580.90)
2,681.80
3,476.70
(P2,422.40)
(P3,310.80)
%
P7.70
280.5
10,002.20
0
(2,297.40)
P7,993.00
0
110.4
P8,103.40
P4,792.60
(14,928.30)
(P8,755.50)
(2.91%)
757.65%
9.94%
(1.02%)
(3.89%)
154.28%
0.76%
13.82%
7.34%
1.60%
76.27%
10.14%
(22.90%)
0.00%
(13.99%)
(1.04%)
(6.52%)
0.00%
37.12%
(1.72%)
(1.46%)
0.12%
0.77%
36.82%
0.00%
(234.81%)
11.21%
0.00%
456.20%
11.08%
1.60%
(64.27%)
(5.90%)
2019-2020
Amount
P11,210.00
(2,641.40)
1,275.30
(7,450.80)
(34.70)
P2,358.40
P8,364.40
826.00
1,232.60
251.40
1,248.40
21,207.90
33,130.70
P35,489.10
P2,874.50
1,312.00
(4,398.50)
17.40
(4,107.60)
(P4,302.20)
P33,327.90
843.70
4,062.20
#38,233.80
P33,931.60
P11.20
192.80
3,512.90
0.00
(2,262.30)
P1,454.60
0.00
102.80
P1,557.40
P35,489.00
11,210.00
P29,790.40
%
135.09%
(9.37%)
27.06%
(39.32%)
(2.18%)
3.82%
4.49%
7.34%
3.58%
8.67%
9.87%
(427.94%)
13.66%
11.66%
29.14%
4.40%
(34.04%)
1.77%
27.11%
31.46%
31.63%
27.61%
15.21%
0.17%
0.52%
9.45%
0.00%
171.52%
1.83%
0.00%
76.37%
1.92%
11.66%
Amount
7,497.10
2,665.10
(13.24%)
28,646.30
(5.09%) #37,251.90
135.09%
21.35%
P4,731.10
(2,601.00)
(1,943.90)
2,459.70
1,102.90
P3,748.80
P95,841.00
3,958.00
6,862.70
(43.30)
3,751.80
4,561.00
P114,931.20
P118,680.00
(P2,235.20)
678.60
P37,764.40
12,689.50
(617.20)
49,836.70
P87,088.60
P9.40
225.00
9,093.00
(10,000.00)
32,207.80
P31,535.20
0.00
56.30
P31,591.50
P118,680.10
4,731.10
P60,616.10
%
24.25%
(10.18%)
(32.46%)
21.39%
70.69%
5.85%
49.25%
32.77%
19.22%
(1.37%)
26.99%
28.06%
41.69%
34.93%
(17.55%)
2.18%
87.98%
266.72%
106.45%
46.41%
24.17%
359.93%
(3.65%)
28.20%
33.89%
0.14%
0.61%
22.35%
0.00%
(899.33%)
39.04%
0.00%
23.72%
38.15%
34.93%
24.25%
35.80%
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