a) Calculate Financial Ratios (any 12 ratios) of year 2014 and 2013 on the basis of the Balance sheet and Income Statement?

b) Using Common size and Index analysis, Evaluate the companys financial condition and performance over the last two years. Are there any problems?

BALANCE SHEET as at June 30, 2014 Moto 2013 ostated Rupee 2.865377.803 ASSETS NON-CURRENTASSETS Property, plant & equipment Long-term investments Long-term deposits & loans Deferred tax asset Total non current assets 2.423,557,366 231,000 17.423,312 30V5.976 2.444.507.654 1,834,918.045 200.000 16,566.790 19.007.840 2.884382.651 1.851.684.835 CURRENT ASSETS Stores, spare parts & loose tools Stock-in-trade Trade debts Advances Short term prepayments & other receivables Refunds due from the Government Short term investments Cash and bank balances Total Current Assets TOTAL ASSETS 9 10 11 189.241.050 2.683.315.636 321 09263 294 549.694 13.939.045 5698976941 140.461.702 472.975,469 230.580.623 73,039,104 13,460,039 Zy06.0159 335,887,020 433,629,823 563,403,354 192.034.139 157.660.258 3577856834 22.406.535 19.791.071 2,182.269.042 4,033553877 13 4,189 338.576 7.073.721227 103,953,771 1,524,510,767 3969,013,421 B20411-530 820.411.530 586375.530 EQUITY AND LIABILITIES SHARE CAPITAL & RESERVES Share Capital Deficit on remeasurement of available for sale investments to fair value Revenue reserve Share olders' Equity 505.906, 156 15892000 128,667,062 948.509,592 TOOOOOO 148.598.374 73.194.504 NON-CURRENT LIABILITIES Long term financing - banking companies Long term loans from related parties Deferred liabilities Tatat non current Lisbilities Elle 254.645,565 1.834,264,170 39.968.644 ZA129 070 367 162.396,104 1,322.254,092 15.579,684 1.500,222,880 248.556.012 916.957.85 10,411.112 1.175.225.782 CURRENT LIABILITIES Trade and other payables Mark-up accrued on secured loans Short term borrowings Current maturity of long term financing Total current liabilities Total liabilities NE 580300,521 40.512.933 2,802.721.297 188.770.159 265,550,407 28.062.301 1,070,950036 155.736.2001 26.5144321 40.118.603 1.3 22.06.15 114.293.641 17 5,7477403541 3.020.508,829 3.299.759.373 CONTINGENCIES AND COMMITMENTS 23 TOTAL EQUITY & LIABILITIES 7.073.721.227 3.969.018,421 4,033.953.877 PROFIT AND LOSS ACCOUNT for the year ended June 30, 2014 Rupees Note 2014 2013 Rastated Sales.net Less: Cost of sales GROSS PROFIT 24 25 5,857,176,563 5,131,793,211 725,383,352 3.928,513,675 3,553,973,719 374,539,956 Less: Distribution cost Administrative expenses Loss on de-recognition of available for sale investments Workers proft participation fund 26 27 19,396,763 77,675,389 10,678,119 81,648,797 561,600 20.927,908 113,816,424 6,161,494 103,233,646 Add: Other income PROFIT FROM OPERATIONS 28 3,663,214 615,230,142 5,529,415 276,835,725 29 Less Finance cost PROFIT BEFORE TAXATION 217,599,894 397,630,248 152 270,740 124,564,985 Taxation.net 30 6,770,389 13,095,976) PROFIT AFTER TAXATION 390,859,859 127,660,961 EARNING PER SHARE - BASIC & DILUTED 31 4.76 1.72