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Make a vertical analysis of San Miguel Corporation's financial statement in 2020 and 2021.

Make a vertical analysis of San Miguel Corporation's financial statement in 2020 and 2021.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Make a vertical analysis of San Miguel Corporation's financial statement in 2020 and 2021. 

SAN MIGUEL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION DECEMBER 31, 2021 AND 2020 (In Millions) ASSETS Current Assets Cash and cash equivalents Trade and other receivables - net Inventories Current portion of biological assets - net Prepaid expenses and other curre assets. Total Current Assets Noncurrent Assets Investments and advances - net Investments in equity and debt instruments Property, plant and equipment - net Right-of-use assets - net Investment property - net Biological assets - net of current portion Goodwill - net Other intangible assets - net Deferred tax assets Other noncurrent assets - net Total Noncurrent Assets LIABILITIES AND EQUITY Current Liabilities Loans payable Accounts payable and accrued expenses Lease liabilities current portion Income and other taxes payable Dividends payable Current maturities of long-term debt net of debt issue costs Total Current Liabilities Noncurrent Liabilities Long-term debt - net of current maturities and debt issue costs Lease liabilities - net of current portion Deferred tax liabilities Other noncurrent liabilities Total Noncurrent Liabilities Forward Equity Equity Attributable to Equity Holders of the Parent Company Capital stock - common Capital stock preferred Additional paid-in capital Capital securities Equity reserves Retained earnings: Appropriated Unappropriated Treasury stock 4, 5, 7, 39, 40 4, 5, 8, 33, 35, 39, 40 4, 5, 9 4, 16 4, 5, 10, 12, 23, 33, 34, 39, 40 Non-controlling Interests Total Equity Note 4, 5, 11, 23 4, 12, 39, 40 4, 5, 13, 34 4, 5, 14, 34 4, 15, 34 See Notes to the Consolidated Financial Statements. 4, 16 4, 17 4, 5, 17 4, 5, 23 4, 5, 18, 33, 34, 35, 39, 40 19, 30, 33, 38, 39, 40 4, 5, 20, 33, 34, 35, 39, 40 4, 5, 30, 33, 34, 38, 39, 40 5, 23 33, 36, 38 21, 30, 33, 38, 39, 40 21, 30, 33, 38, 39, 40 4, 5, 30, 33, 34, 38, 39, 40 23 4, 5, 22, 33, 35, 39, 40 Note 24, 36, 37 5, 23 23 2, 5, 23, 24 2021 P300,030 161,808 141,209 3,106 108,689 714,842 55,002 41,966 567,609 163,364 69,825 2,244 130,081 190,979 17,141 98,600 1,336,811 P2,051,653 P190,779 194,579 23,423 23,102 4,296 88,857 525.036 725,108 71,569 28,742 19,959 845,378 2021 P16,443 10,187 177,719 28,171 14,136 66,630 157,707 (144,363) 326,630 354,609 681,239 P2,051,653 2020 P347,209 124,369 102,822 3,401 94,610 672,411 50,495 41,766 511,624 169,208 60,678 2,352 129,733 169,532 20,946 83,462 1,239,796 P1,912,207 P140,645 153,249 25,759 20,998 4,231 74,502 419,384 692,407 91,278 27,749 26,301 837,735 2020 P16,443 10,187 177,719 28,171 10,131 60,155 162,204 (110,146) 354,864 300,224 655,088 P1,912,207
Transcribed Image Text:SAN MIGUEL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION DECEMBER 31, 2021 AND 2020 (In Millions) ASSETS Current Assets Cash and cash equivalents Trade and other receivables - net Inventories Current portion of biological assets - net Prepaid expenses and other curre assets. Total Current Assets Noncurrent Assets Investments and advances - net Investments in equity and debt instruments Property, plant and equipment - net Right-of-use assets - net Investment property - net Biological assets - net of current portion Goodwill - net Other intangible assets - net Deferred tax assets Other noncurrent assets - net Total Noncurrent Assets LIABILITIES AND EQUITY Current Liabilities Loans payable Accounts payable and accrued expenses Lease liabilities current portion Income and other taxes payable Dividends payable Current maturities of long-term debt net of debt issue costs Total Current Liabilities Noncurrent Liabilities Long-term debt - net of current maturities and debt issue costs Lease liabilities - net of current portion Deferred tax liabilities Other noncurrent liabilities Total Noncurrent Liabilities Forward Equity Equity Attributable to Equity Holders of the Parent Company Capital stock - common Capital stock preferred Additional paid-in capital Capital securities Equity reserves Retained earnings: Appropriated Unappropriated Treasury stock 4, 5, 7, 39, 40 4, 5, 8, 33, 35, 39, 40 4, 5, 9 4, 16 4, 5, 10, 12, 23, 33, 34, 39, 40 Non-controlling Interests Total Equity Note 4, 5, 11, 23 4, 12, 39, 40 4, 5, 13, 34 4, 5, 14, 34 4, 15, 34 See Notes to the Consolidated Financial Statements. 4, 16 4, 17 4, 5, 17 4, 5, 23 4, 5, 18, 33, 34, 35, 39, 40 19, 30, 33, 38, 39, 40 4, 5, 20, 33, 34, 35, 39, 40 4, 5, 30, 33, 34, 38, 39, 40 5, 23 33, 36, 38 21, 30, 33, 38, 39, 40 21, 30, 33, 38, 39, 40 4, 5, 30, 33, 34, 38, 39, 40 23 4, 5, 22, 33, 35, 39, 40 Note 24, 36, 37 5, 23 23 2, 5, 23, 24 2021 P300,030 161,808 141,209 3,106 108,689 714,842 55,002 41,966 567,609 163,364 69,825 2,244 130,081 190,979 17,141 98,600 1,336,811 P2,051,653 P190,779 194,579 23,423 23,102 4,296 88,857 525.036 725,108 71,569 28,742 19,959 845,378 2021 P16,443 10,187 177,719 28,171 14,136 66,630 157,707 (144,363) 326,630 354,609 681,239 P2,051,653 2020 P347,209 124,369 102,822 3,401 94,610 672,411 50,495 41,766 511,624 169,208 60,678 2,352 129,733 169,532 20,946 83,462 1,239,796 P1,912,207 P140,645 153,249 25,759 20,998 4,231 74,502 419,384 692,407 91,278 27,749 26,301 837,735 2020 P16,443 10,187 177,719 28,171 10,131 60,155 162,204 (110,146) 354,864 300,224 655,088 P1,912,207
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