1. Compute the following ratio/analyses for both current and prior years. a. Working Capital b. Current Ratio C. Quick (acid-test) Ratio d. Accounts Receivable Turnover e. Number Days' Sales in Receivables f. Inventory Turnover 8. Number of Days Sales in Inventory THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME amount in millions Fiscal Year Ended) February 2, February 3, January 29, 2014 2013 2012 S 5,385 $ 4,535 S 3,883 100 Net Earnings Other Comprehensive (Loss) Income: Foreign Currency Translation Adjustments Cash Flow Hedges, net of tax Other Total Other Comprehensive (Loss) Income COMPREHENSIVE INCOME (329) (12) (10) (351) 5,034 (1) 104 4,639 (143) 5 (14) (152) 3,731 S $ (1) Fiscal years ended February 2, 2014 and January 29, 2012 include 52 weeks. Fiscal year ended February 3, 2013 includes 53 weeks. See accompanying Notes to Consolidated Financial Statements. THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS February 2, 2014 amounts in millions, except per share date NET SALES Cost of Sales GROSS PROFIT S 78,812 51,422 27,390 Fiscal Year Ended) February 3, January 29, 2013 $ 74,754 $ 70,395 48,912 46,133 25,842 24,262 16,597 1,627 18,224 9,166 16,508 1,568 18,076 7.766 Operating Expenses: Selling, General and Administrative Depreciation and Amortization Total Operating Expenses OPERATING INCOME Interest and Other (Income) Expense: Interest and Investment Income Interest Expense Other Interest and Other, net 16,028 1,573 17,601 6,661 (12) 711 (13) 606 (20) 632 (67) 545 699 593 EARNINGS BEFORE PROVISION FOR INCOME TAXES Provision for Income Taxes NET EARNINGS 8,467 3,082 5,385 7.221 2,686 4,535 6,068 2.185 3,883 S s S Weighted Average Common Shares BASIC EARNINGS PER SHARE 1,425 3.78 1,499 $ 3.03 1,562 2.49 S $ s Diluted Weighted Average Common Shares 1,434 1,511 1,370 DILUTED EARNINGS PER SHARE 3.76 $ 3.00 $ 2.47 () Fiscal years ended February 2, 2014 and January 29, 2012 include 52 weeks. Fiscal year ended February 3, 2013 includes 53 weeks. See accompanying Notes to Consolidated Financial Statements. THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS February 2013 $ 2.494 1,395 10,710 773 15,372 38,491 14,422 24,069 1,170 473 $ 41,084 $ i millions, extra share and pershare data February 2. ASSETS 2014 Current Assets Cash and Cash Equivalents S 1,929 Receivables, net 1,398 Merchandise Inventories Other Current Assets 11,057 895 Total Current Assets 15.279 Property and Equipment, at cost 39,064 Less Accumulated Depreciation and Amortization 15,716 Net Property and Equipment 23,348 Goodwill 1,289 Other Assets 602 Total Assets $ 40,518 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts Payable 5,797 Accrued Salaries and Related Expenses 1,428 Sales Taxes Payable 396 Deferred Revenue 1,337 Income Taxes Payable 12 Current Installments of Long-Term Debt 33 Other Accrued Expenses 1,746 Total Current Liabilities 10.749 Long-Term Debt, excluding current installments 14,691 Long-Term Liabilities 2,042 Deferred Income Taxes 514 Total Liabilities 27.996 STOCKHOLDERS' EQUITY Common Stock, par value 50.05; authorized: 10 billion shares; issued: 1.761 billion shares at February 2, 2014 and 1.754 billion shares at February 3, 2013: outstanding 88 1.380 billion shares at February 2, 2014 and 1.484 billion shares at February 3, 2013 Paid-In Capital 8,402 23,180 Retained Earnings 46 Accumulated Other Comprehensive Income Treasury Stock, at cost, 381 million shares at February 2, 2014 and 270 million shares at (19,194) February 3, 2013 12,522 Total Stockholders' Equity $ 40,518 Total Liabilities and Stockholders' Equity 5,376 1.414 472 1.270 22 1,321 1,587 11,462 9,475 2,051 319 23,307 88 7.948 20,038 397 (10,694) 17,777 $ 41,084 See accompanying Notes to Consolidated Financial Statements. ins, except per share data): Gross Profit Selling, General and Administrative Operating Income Net Earnings Diluted Earnings per Share As Reported $ 25.842 16,508 7,766 4,535 3.00 Fiscal Year Ended February 3, 2013 Noo-GAAP Adjustments Measures $ (10) 5 25,852 135 16,373 (145) 7,911 (145) 4,680 $ (0,10) $ 3.10 % of Net Sales 34.6% 21.9 10.6 6.3% N/A