Znentoner

NGV<osts su o ropovt at nv

Gies magjin = Saler Revtnues

+Pwchare == CoGAS
Bes, huentoy)
foiodic intntoy,
Popetiadîntrtby
ttem

cashe

Tnventog

Punchaser Co G
loo1oo

loo
Co Ineutoy
looD0 o00
 Rao
mateials
indntorg Coha
prdesed
200
Sler
to, oo evenne

RM Coseme
Lajut 430t
Labour
2000

fac)
ales Retue 30, DDD
RMConsunel 9oo
UT tatement +43ooake
6300

Tngntry adyuot
Swer tevene 20,ob
(wl, a) slatment

Stock mtade’s nsted gsdr

Frstin, fst out

 (13205

(200

(s4200
Goox f ( e

|24 S00 ooxi3o = U00b,

LIo. 3oox24y = 34200
3ooxl =3450D
fio hglet proit
LIFo gie logert pofit
prices ae de dhrimg LIFo ger higert pntrt

to kae) puft5
pots louey
loue inComie
LIfo lead
atreduet% erpenre
hi,
Hfo kch temponstr folloso
othe Copanler ye Lfo

flloor fRr
 SC) Irdas

Lntoest Re cd (,fI bidemgd Recd. fo

tnonest rad bridend pavd -’cFf

Þiudend Paid
aneb

4aptothorbtdc
cash+ AopcA othe Aset +Poft- Drudend

CL-other Asetrt Aothe L

dcash= Poft- GAtA +0Cc- bjidend

9,ch Jo,
+ cl + beprecsaton trp- Non yortig rine
= Roti-4

+ Doth tCc bidend

honçarh emynon ggtins em)aostmcntn

+ Adutmento
hedoe mea gbae
yin(hedse mean (as

docfease mea

dectmehad
 +dc
Pertaining to Jncone ’ +Rev- ACA
erpense

metho)
Ad P, eng Opfoite
Ad; op emgogpo1ke

Dirct, tRev-dcA
mefho) -k-4cA+4C
Balane shef
+2 Sajer keenue 120
(2 fo
6
-4 20

9 3 2o
Net ncome

Net pft 20 (F Sales Revenue

30
pdd bepte
Drdut inCome )
n AlR
3
Add Deean
rdact e h 4)
Saleoses

thndiect Method)
 ts income oner a omptry Lk yde:
becine
Sartup, Gyeoth, Maturity,
PAT
(fo

t,+

eFR= 4Aretr R"E

EFR = dec + 4 debt,
afte
tinterert

PAT-Post Afte, Toe

T- Tax expense
fre Gsh floco = PAT+ Int(|-)
Net oporebrg Pofft Afto, Tox
NoPAr
G) eBATanngs Fefore Intoret AJo, tye

PAT Int
+ DRA Non cash item
Ff 4a im + Ad non opor atng itm

fcfypus that Gan be disti buted to tnvertoy

Cash

Jenteted
a bysines Arm
aset
 CET
Grx+ANon

AcashcPF = Cfo Capex

+NoA

argtom a1ttr
apor-dNof

Cash Flas en be calalated ayi

*hee - CaprbNE
)
4 cqsh
-cf+ 0NoA
?
Whg shaebuyback over divdend
Jrdict mehod
Profit
0 Adstment for PL eyis hacte Bob.
erost,
OAdi tor opoatng cuont aset hdiret4
Ad;. tor poatis carnt babtbtcr ameu + Qireet metha

bitct method

DWe
CFoFAt (Pre)
"Non carh cxpense
"Non open ating Ircame
" Investment in

long tonm Op. Asret Gpeg

Assets

Fcff =Cfo Capex

=ff+ DNonDp. Asets +d ash
P an asset BokVale + an-Losr
Bock Value Got- Acc: Def.

on4ptb
= Beg Ae Dep. + þep. expense -Acc
Dep
sol
,O=G90t s, 6oo Ac.Dep on qsfts

So, ost= Booo - )

(9, 6o)
l00 o

2o00
 (allomate melhdtofnd):
& aset sad

lo6,oo

Stasght Line Method Tax Rvpo

hdion
WoV MACRS
britn oA
ost (0,00, ooD Value
36
o
(9 br. Acc- Pep. soy 00
do 2)
by. cash
oD
Cn PPt lo, 00, 6Db

an on Sae
2
t6,09,0oo
lo, 0e, 000

(ainSale
on

tarYat-’ Dep. x fc
ach yr
 not reportey

witten bDLon Value

lox (2o) 2

&xRot)
-28

Lessee
Lesres ne) PPt 2
A
rrt o

Lessee
lesse
Le Pre I2
A Lease
leqse
Recivabje

Leae rt ojvrbe
leseRre) Aet
n the books Lose Rou Ase
kease yment leare Obiyatin
2
19,3619
39000
mtg t,26144(-lqooo
NPvCvate, lo po,Sok,s 3
3 H3361-97)
Syenre 2 33,74-4 Lease Lsabbty
Intoratby
3 31,|44-4
428349
Tbtal lL,09,
46tor2
Jn the bok Lessee e)

Dr R0U

Dnttyert
Dr Dndorest Exp
Dr: Lease tab 20
+ bep. ExP
Crr Cash
26
by bept Ep
2-6

by Lnterest Exp.
2
Dr- LearE yab.
30

26
Dr Dep. E
26

Dr. dntoret op
45
Cr cash
2
2
(r Ae Exp.
 trepored nttimfaser
2s)sal,
Kepin mainttnatre e eprled ar epene

tngle asRtsa i2atien

in
Lersor n
aseb wth mdelinte iHe impathnent lo
Lese) Leste
dheaseti
Asret LtE
Recovable

aset
ohenyou y the
br Rou Aset Dy bepr. expense

D. Intreçt erpense

bhne kese pagmant

jn the books o lessee

 purchasing the aet
*

mating gaymet wtin io day

2 2 dircount Hyeu de
ayment otin ko day
mabg
in
when make a
appld peipe tinytiripecti
that har teke
E 13
by. Rou Aset 82
Cr bease liability
Dy Lease

lptmsin

’ Bie<Vbisceynt bond
C< Ym

bde lto
(y. Bontay
Indiect Method
Net in come

Adustmentr:
Inone statem ent ites (eppori te rectm):
tNoncash expenses (bep, Arnort:)
- Non cash reten ues
+Loss on sale o LT 9sset
-fain
Balance sheet itemsi
Change in nearh opeutig estt CPperike reti
+ becegse tn cuent
Cumnt oyending asat
-Tnareare in Cuent bpenating asset
Change nca-h openatng laittie ame dre
in non eash
+ noease in Cument darection)
Gai litie
þecrease n cutent
poating lbi(ter
 Nrerr 2
RATE = 12

Price > fN
ooieniam ond
49004IRR)-o0o Capon<YTm
|o00
prce

Dr. Cash
No dsdayt
365 Gr.Bohds Pa yale lot-s
expense
br. tntat expense to.46
LaxyTm es br Bonde payabte

br. Intest expense j063

Premjum .34
lo
GaCash
924)
becomes tne
Bond o 9242 bigiming cligt
-8
2

-8
 bx carh 924
q2:9
9-24
br ant pense

(:24
G. Bond paynbe

Gach(fV

Por mament
Loo dkffonene
Book Profit
Pomanent diffaene
dfqence (lo)
Taxa ble Lnceme 80

24
Dr. Tar exenJe
(ox 3)
24
r 1TPayable
(PBD
2 Boft Before

23 2

DTL 6 2
 DTL 6 2
3
TL Valse
200 2o0 200
20

table
Pep 3o
|80 Liaatty
68 42 tax Law
ar pryabe 64

In qrteuting bco)
eatl
poded bygot
64
for tr pay
. 6
Yecon 2
6

2 Fin stalement)
Yean 3 Tax
Dr. Tax Ea

t
ummulative
 Diudendr deelaed ae liabil:tier
sheener
(4guity Shbe
-FV ’ sty Shore ajitel
Secavities prc hnium

aaomalgted
ateunt d htit
Book Value Fey Share,
BVps = Total fauit
e Pon Shore rs)-’ elkeomned by morket Gondrsion
IsmeJqbacibed /paid pshsresshae, that have been fut
/into irlotien
’ oubtandingshyrg
shaies
Tearog
Authaied

Dr

Cy. Seourtties Pemium

 Snvestmentloo ferh bse o shee,
= 2sf 2
fost meney value loD-40b
loD

Ce money Value ho- Lo03oo

Nneu X
Nmew2
Mad+Nhew
offer for sale
Notd
Nod2rX)
Affey Ve)Aon Va

foundo,| sot 34
fpude 2 so4
VeI ’2
’20}

Dr Cash steich amont

(r Secuntir Remiu 333
 rhack Oylom Pan)
shage

IV’ Pice po stere at thot pint ntime Exercosed prte

Contyac) (prie paydbyte ugtong
We loxlo

A =Lt e lash ooJalerer)

At Acenhng
ash
tlo 3

r Kt
Record Date Er Di vidend
Gr Diudendrpyable

Date D Diudend yabe

Gr Cash
kom jov 4omny tege dater are thwp
ex biidend date
Bonus Isues

Bonyr: :l many hey côhe gihg I add;hmdshrone,

Gock spt: 2:1shre double

shen

tajweted share fiels e ths tor t hepie - opoing

Bonus(:shoerar me Afkoentyar
ash 1 esc
PPE

6o

Aecmals Manasgment

Real actities manipation

Honentallanalyns
anlyya change, A, Trend is caledeted
 Opsyaton matgin

poftNet magn

Ve’ vfjable Cost

Fc HredCost

EBIT

Res

eBT
Y chang n
Rel'
Cortibution
Gonbibution-fc
eRIT Ln
DFL = charge nPrt. tBIT-Int DELZ|

PAT
 DEL=

the intoret-Yote
in eE1$/ Pohib

Rebam on Ires kd aptae (Ro)

PAT+ Dit+() Agty

Nepare siag = PATtatl-)

det
PAt NoPAT
igasttt
BS
fAT porting
fA FL

Kot =
fAT hig Ase
Avg. Aset
Aet. Rotx Ayg.Arsels
Ro PAt
A
PAT+ WTy
Rot =
 AoTC

= RoTC+
NBCnet Borkjns Cost
Rof eRo l<-tkolc-wE)
xprad
frare holdaf.

lot NBCcwt tohen boris interGt

Dag, holc=
ohe yoyrinVyted intrst
Yate Loaog vate,
ok= lol,

norases shereholdefs Guty

(Raic-NE9
 end r calenlatd
Ventical amnsie BS

Dol 0EsT/eT
conti~atien bogre
orontsry eny

Roe

Roe=PAt Resenue Av Aget

Revenue
narzan
Leveage

Aot= Rolct sitead

ata comp
NoPAT= PATY Int (-) Prooess CMIÆ)
NorAT= EBr( Line
PAT Money Gontl
Mastet vale |Anud Pepoft