Question
Description 2015 2016 Fiscal year end date 31/12/2015 31/12/2016 Net sales or revenues 519,324 493,650 Cost of goods sold (excl depreciation) 383,888 339,757 Depreciation, depletion
| Description | 2015 | 2016 |
| Fiscal year end date | 31/12/2015 | 31/12/2016 |
| Net sales or revenues | 519,324 | 493,650 |
| Cost of goods sold (excl depreciation) | 383,888 | 339,757 |
| Depreciation, depletion & amortization | 100,341 | 74,605 |
| Gross Income | 35,095 | 79,288 |
| Selling, general and adminitrative expenses | 48,084 | 30,085 |
| Other operating expenses | 57,601 | 915 |
| Operating income | -70,590 | 48,288 |
| Other incomes (+) or associated losses (-) | -541,516 | -218,649 |
| Non-operating interest income | 1,001 | 648 |
| Earnings before interest & taxes | -611,105 | -169,713 |
| Interest expense on debt | 67,006 | 87,962 |
| Pretax income | -678,111 | -245,009 |
| Income taxes | -19,729 | 28,125 |
| Extraordinary gain (+), loss or minority interest (-) | 63,774 | 46,636 |
| Net income | -594,608 | -226,498 |
|
|
|
|
| Inventories - total | 58,752 | 44,660 |
| Receivables (net) | 54,945 | 46,511 |
| Cash & short-term investments | 52,857 | 70,370 |
| Other current assets | 745,908 | 1,013,001 |
| Current assets - total | 912,462 | 1,174,542 |
| Property, plant & equipment - net | 1,899,850 | 1,525,940 |
| Total intangible other assets - net | 0 | 0 |
| Other non-current assets | 1,825 | 1,825 |
| Total non-current assets | 1,901,675 | 1,527,765 |
| Total assets | 2,814,137 | 2,702,307 |
| Accounts Payable | 80,253 | 53,709 |
| Short-term debt & current portion of long-term debt | 55,259 | 141,376 |
| Other current liabilities | 174,714 | 305,290 |
| Current liabilities - total | 310,226 | 500,375 |
| Long-term debt | 1,199,510 | 1,214,765 |
| Other non-current liabilities | 512,042 | 422,739 |
| Total non-current liabilities | 1,711,552 | 1,637,504 |
| Common stock | 862,752 | 862,752 |
| Retained earnings, other reserves, treasury shares | -70,393 | -298,324 |
| Common equity | 792,359 | 564,428 |
|
|
|
|
| Share price (market value) as at financial year end | 0.710 | 0.340 |
| Number of shares outstanding | 883,851 | 883,851 |
| Financial Ratios |
|
|
| Market Value Ratios |
|
|
| Market -to-book ratio | 0.792 | 0.532 |
| Price-earnings ratio | -1.055 | -1.327 |
| Profitability Ratios |
|
|
| Return on equity | -75.04% | -40.13% |
| Return on assets | -21.13% | -8.38% |
| Profit margin | -114.50% | -45.88% |
| Asset Management Ratios |
|
|
| Total asset turnover | 0.185 | 0.183 |
| Fixed asset turnover | 0.273 | 0.324 |
| Receivables turnover | 9.452 | 10.614 |
| Inventory turnover | 8.839 | 11.054 |
| Long-term Solvency Ratios |
|
|
| Equity multiplier | 3.552 | 4.788 |
| Cash coverage ratio | -7.623 | -1.081 |
| Short-term Solvency Ratios |
|
|
| Current ratio | 2.941 | 2.347 |
| Quick ratio | 2.752 | 2.258 |
| Cash ratio | 0.170 | 0.141 |
-
cost efficiency
-
asset efficiency,
-
liquidity
-
financial leverage
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
