repare and Interpret a complete ratio analysis for the years 2019 & 2020 operations using the following ratios: Current Ratio Total Asset Turnover Debt Ratio Operating Profit Margin Net Profit Margin Return on Assets Return on Equity Inventory Turnover Summarize your findings and make recommendations
repare and Interpret a complete ratio analysis for the years 2019 & 2020 operations using the following ratios: Current Ratio Total Asset Turnover Debt Ratio Operating Profit Margin Net Profit Margin Return on Assets Return on Equity Inventory Turnover Summarize your findings and make recommendations
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
100%
- Prepare and Interpret a complete ratio analysis for the years 2019 & 2020 operations using the following ratios:
- Current Ratio
- Total Asset Turnover
- Debt Ratio
- Operating Profit Margin
- Net Profit Margin
Return on Assets Return on Equity - Inventory Turnover
- Summarize your findings and make recommendations
Transcribed Image Text:TCD
ANNUAL REPORT 2020
CONSOLIDATED INCOME STATEMENT
(Thousands of Trinidad and Tobago Dollar, excopt eamings per share)
Years ended December 31,
Notes
2020
2019
Revenue
1,692,150
1,670,883
Cost of sales
5
(1,160.909)
(1.204,872)
Gross profit
Operating expenses
Impairment of trade accounts receivable
531,241
(241,895)
926
466,011
(243,397)
10
847
Operating earnings before other expenses, net
Other expenses, net
290,272
223,461
(74.354)
(73,202)
Operating eamings
Financial expense
Financial income and other items, net
215,918
149,759
(97,204)
(122,086)
62
7.1
72
666
Earnings before taxation
Taxation charge
93,894
53,221
18
(78,675)
(38,295)
Net earnings from continuing operations
Net eamings from discontinued operations
15,219
14,926
423
NET INCOME
15,219
15,349
Non-controlling interest
19.5
(39,398)
(25.730)
CONTROLLING INTEREST
(24,179)
(10,381)
Basic and diluted loss per share
20
(0.0650)
(0.0300)
Basic and diluted loss per share
from continuing operations
20
(0.0650)
(0.0300)
The accompanying notes are an integral part of these consolidated financial statements.
in 2
Transcribed Image Text:ANNUAL REPORT 2020
ANNUAL REPORT 2020
CONSOLIDATED STATEMENT OF
CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONTINUED)
FINANCIAL POSITION
(Thousands of Trinidad and Tobago Dollans)
(Thousands of Trinidad and Tobago Dollan)
Years ended December 31,
Years ended December 31,
Notes
2020
2019
Notes
2020
2019
NON-CURRENT LIABILITIES
Long-term debt
Other financial obligations
Employee benefits
211,756
21,431
242,863
201,890
15.1
865,182
20,524
ASSETS
15.2
CURRENT ASSETS
17
176,503
Cash and cash equivalents
Trade accounts receivable, net
Other accounts receivable
88,305
87,453
87,940
47,284
10
Deferred taxation liabilities
182
309,477
56,832
44,440
Other non-current liabilities
2389
680 129
11
16
2,774
Taxation recoverable
4451
5,871
Total non-current liabilities
1.374,460
Inventories, net
12
240452
251103
TOTAL LIABILITIES
1,665,968
1,907 300
Total current assets
434.40
481,651
SHAREHOLDERS' EQUITY
Controlling interest:
Stated capital
Unallocated ESOP shares
NON-CURRENT ASSETS
Investments
13
1
827,732
(20,019)
(305,320)
89,733
(24179)
827,732
(20,019)
(291,938)
19.1
1,703,078
132,183
54,424
74
Property, machinery and equipment, net
Deferred taxation assets
14
1826,491
19.2
18.2
251,394
Other equity reserves
Retained earnings
19.3
Employee benefits
Other accounts receivable
17
54,793
141,678
(10,381)
11
Net loss
Total non-current assets
189.760
2132679
Total controlling interest
Non-controlling interest
647,072
59.958
707 000
567,947
TOTAL ASSETS
2324240
2614330
195
90.325
LIABILITIES AND SHAREHOLDERS EQUITY
TOTAL SHAREHOLDERS' EQUITY
658,272
CURRENT LIABILITIES
TOTAL LIABILITIES AND SHAREHOLDERS'EQUITY
2.324.240
2614,10
Short-term debt
15.1
400,S87
7,151
18,000
6,421
Other financial obligations
Trade payables
Taxation payable
Other current liabilities
15.2
240,192
247,507
29,093
4526
256 386
16
308.316
Total current liabilities
985639
532840
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