Financial Statement Analysis report
FINANCIAL
STATEMENT ANALYSIS
Paula Bianca Formantes
Financial Analysis
The process of understanding the profitability and risk of a firm through an in depth review or study of the basic financial statements, by the use of different tools and techniques.
Several Financial Analysis Techniques:
1. Horizontal Analysis
2. Vertical Analysis
3. Ratio Analysis
BALANCE SHEET
SAN MIGUEL CORPORATIOS
CURRENCY IN
MILLIONS OF PESOS
DEC 31 2011 DEC 31 2012
ASSETS
LIABILITIES & EQUITY
Cash And Equivalents
Short-Term Investments
128,975.00
125,631.00
--
Trading Asset Securities
51.00
194.00
147.00
129,169.00
125,829.00
Accounts Receivable
52,642.00
67,682.00
Other Receivables
31,830.00
54,917.00
TOTAL CASH AND SHORT
TERM INVESTMENTS
Notes Receivable
DEC 31 2011 DEC 31 2012
--
--
Accounts Payable
39,724.00
55,525.00
85.00
103.00
Short-Term Borrowings
82,588.00
151,274.00
Current Portion Of Long-Term
Debt/Capital Lease
34,841.00
18,735.00
Other Current Liabilities
24,551.00
32,284.00
190,830.00
269,045.00
Long-Term Debt
192,963.00
223,822.00
Accrued Expenses
TOTAL CURRENT LIABILITIES
Inventory
74,087.00
88,369.00
Capital Leases
192,873.00
179,698.00
Prepaid Expenses
18,062.00
25,942.00
Other Liabilities, Total
14,770.00
15,618.00
2,389.00
10,490.00
591,436.00
688,183.00
TOTAL CURRENT ASSETS
308,179.00
373,229.00
4,852.00
10,187.00
NET PROPERTY PLANT AND
EQUIPMENT
319,729.00
370,921.00
Common Stock
16,397.00
16,408.00
Long-Term Investments
160,563.00
153,360.00
Additional Paid In Capital
103,511.00
177,762.00
Goodwill
30,990.00
49,953.00
Retained Earnings
165,441.00
181,522.00
Other Intangibles
31,407.00
34,131.00
Treasury Stock
(67,441.00)
(140,124.00)
Other Long-Term Assets
39,668.00
56,369.00
Comprehensive Income And Other
6,654.00
6,440.00
Other Current Assets
TOTAL LIABILITIES
TOTAL PREFERRED EQUITY
INCOME STATEMENT
SAN MIGUEL CORPORATIOS
CURRENCY IN
DEC 31 2011
DEC
STATEMENT ANALYSIS
Paula Bianca Formantes
Financial Analysis
The process of understanding the profitability and risk of a firm through an in depth review or study of the basic financial statements, by the use of different tools and techniques.
Several Financial Analysis Techniques:
1. Horizontal Analysis
2. Vertical Analysis
3. Ratio Analysis
BALANCE SHEET
SAN MIGUEL CORPORATIOS
CURRENCY IN
MILLIONS OF PESOS
DEC 31 2011 DEC 31 2012
ASSETS
LIABILITIES & EQUITY
Cash And Equivalents
Short-Term Investments
128,975.00
125,631.00
--
Trading Asset Securities
51.00
194.00
147.00
129,169.00
125,829.00
Accounts Receivable
52,642.00
67,682.00
Other Receivables
31,830.00
54,917.00
TOTAL CASH AND SHORT
TERM INVESTMENTS
Notes Receivable
DEC 31 2011 DEC 31 2012
--
--
Accounts Payable
39,724.00
55,525.00
85.00
103.00
Short-Term Borrowings
82,588.00
151,274.00
Current Portion Of Long-Term
Debt/Capital Lease
34,841.00
18,735.00
Other Current Liabilities
24,551.00
32,284.00
190,830.00
269,045.00
Long-Term Debt
192,963.00
223,822.00
Accrued Expenses
TOTAL CURRENT LIABILITIES
Inventory
74,087.00
88,369.00
Capital Leases
192,873.00
179,698.00
Prepaid Expenses
18,062.00
25,942.00
Other Liabilities, Total
14,770.00
15,618.00
2,389.00
10,490.00
591,436.00
688,183.00
TOTAL CURRENT ASSETS
308,179.00
373,229.00
4,852.00
10,187.00
NET PROPERTY PLANT AND
EQUIPMENT
319,729.00
370,921.00
Common Stock
16,397.00
16,408.00
Long-Term Investments
160,563.00
153,360.00
Additional Paid In Capital
103,511.00
177,762.00
Goodwill
30,990.00
49,953.00
Retained Earnings
165,441.00
181,522.00
Other Intangibles
31,407.00
34,131.00
Treasury Stock
(67,441.00)
(140,124.00)
Other Long-Term Assets
39,668.00
56,369.00
Comprehensive Income And Other
6,654.00
6,440.00
Other Current Assets
TOTAL LIABILITIES
TOTAL PREFERRED EQUITY
INCOME STATEMENT
SAN MIGUEL CORPORATIOS
CURRENCY IN
DEC 31 2011
DEC