a
BALANCE SHEET | |
ASSETS | |
Non-Current Assets | |
Intangible Assets (Industrial property-Acc.dep.of in.prop.) | |
Property, Plant and Equipment (Build.+furnit.+tech.equip-Acc.dep.of each.) | |
Investment Property (Inv.build.-Acc.dep.inv.build-impair.inv.prop.) | |
Non-current Financial Assets(Non-c.inv.in equit.instru.) | |
Deferred Tax Assets (“) | |
Current assets | |
Inventories (Merch-impair.merch+adv.to suppliers.) | |
Trade and Other Receivables (Trad.receiv.+receiv.+tax.receiv.-imp.trad.receiv.) | |
Other Current Assets (prepaid exp.) Current fin. Investments. (receiv.dispos.of.assets) | |
Cash and Cash Equivalents (cash+bank.) | |
TOTAL ASSETS | |
EQUITY AND LIABILITIES | |
Shareholders’ Equity | |
Capital (share.cap.-uncalled.cap) | |
Share Premium and Reserves (share.prem+leg+statu.reserv.+ret.earn.-own.shares/equit.) | |
Net Income (prof.period.) | |
Non-Current Liabilities | |
Grants (Gov.cap.grants.) | |
Non-Current Provisions (Prov.tax.+prov.environ.) | |
Non-Current Financial Debt (non-c.debt/non-c.payable) | |
Current Liabilities | |
Trade and other payables(supli.+payable+adv.custom.) | |
Deferred Income (“) | |
TOTAL EQUITY AND LIABILITIES | |
INCOME STATEMENT | |
Revenue (Merch.sold-Prompt.pay.disc.on.sales-Sales.returns) Change in finished goods and in process. | |
Supplies (-Merch.purch.+Prompt.pay.disc.on.purch+Vol.disc+()Change.inv.merch./raw.mat. cred(deb).balan) | |
Other operating income (inc.oth.serv.) | |
Personal expenses (-wages.-SS.payb.) | |
Other operating expenses (-Leases.royal.-Ind.prof.serv.-Insur.prem.-Util.-oth.tax. -impair.los.on.trade.receiv.+revers.impair.trade.receiv.+) | |
Amortization and depreciation (neg.amort.dep) | |
Operating Profit | |
Finance income (inc.div.&inc.debt.secur.) | |
Finance expense(neg.int.on.payab.) | |
Impairment and gains (losses) on disposal of financial instruments(neg.los.inv&debt.secur.) | |
Financial result | |
Profit before tax | |
Income tax (neg.(deb)/posit.(cred.)) | |
Profit from continuing operations | |
Profit | |
Direct method
OPERATING ACTIVITIES | |
Cash received from customers | (Sales)+(Customers at 02) – (Customers at 03 )+(Advances from customers at 03) |
Cash received from rental contracts | (Revenue) – (Unearned revenue at 02) |
Cash from commissions | (Revenue) +(Debtors at 02) |
Cash from operating grants | |
Cash paid to suppliers | Purchases = Consumption – Merchandise at 02 + Merchandise at 03 Payments = (Accounts payable at 02) – (Accounts payable at 03.) + (Advances to suppliers at 03) |
Cash paid to employees | (Personnel Expenses)+(Wages and salaries payable at 02)– (Wages and salaries payable at 03) |
Publicity paid | (Publicity expense)–(Prepaid Expenses at 02)+(Prepaid Expenses at 03) |
Independent professional services paid | (Independent professional services) –(Creditors for provision of services at 03) |
Interest received | (Financial revenue) |
Interest paid | (Financial expenses)-(Accrued interest payable at 03) |
Taxes paid | (Corporation tax payable at 02) |
CASH FLOW FROM OPERATING ACTIVITIES | |
INVESTMENT ACTIVITIES | |
Sale of non-current assets (assuming NO TAX) | (Selling price for cash) |
Purchase of non-current assets | (Acquisition price)-(Long-term suppliers of non-current assets at 03) |
CASH FLOW FROM INVESTING ACTIVITIES | |
FINANCIAL ACTIVITIES | |
Payments on debt | (LT debts at 02)-(LT debts at 03.)-(reclassification into ST.) |
Cash received from stockholders | (Amount paid) |
Dividends paid | (distribution of 2002 net income)+(Interim dividends at 03) |
CASH FLOW FROM FINANCING ACTIVITIES | |
CHANGE IN CASH | |
CASH AT BEGINNING OF YEAR | |
CASH AT END OF YEAR | |