FORMULA WORK ANSWER RATRO EXPLANATION How well the company can pay their bils 1.254 Current Ratio Current Assets Current abilities 17724 14133 .899 or 90 Debt to Aset Totalities Total assets 3862 42966 Net Profit Margin Revenue.com Revenue Assit Turnover Net Revenue Average Nutfixed Assets Net Income Preferred Dividends Average common stockholders fout Return on Equity Inventory Turnover Cost of Goods sold Average in 365 Average Days to Sell inventory 365 Inventory Turnover Rate Gross Droit Margin Revenue-cost of Goods sold Revenue Return on Assets Ne income Total Asses Caming Per Share Net Income Preferred Dividends Average Number of Common Shares Outstanding Price tags Use Storice 12717 deseos Share Price Corine per share Accounts Receivable Turnover Net Credit Sales Averare Accounts Receivable Avere Days to collect A/R 1950 Accounts Receivable Turnoveration Depota THE HOME DEPOT, INC. AND SUBSIDIARIES Consolidated Statements Basings Peb 1, 2015 iscal 2014 Fiscal Year Eadem Jan. 31, 2016 Fiscal 2015 $53,519 5254 30,265 $83.176 28399 16.801 1.690 18.491 16.280 1.540 17920 10.469 11.774 Jan. 29, 2017 amounts in millions, creept per share data "Pical 2016 NET SALES $94,595 Cost of Sales GROSS PROFIT 32,313 Operating Expenses Selling, General and Administrative 17.132 Depreciation and Amortization 1,754 Total Operating Expenses 18.886 OPERATING INCOME 13,427 Interest and Other (Income) Expose Interest and Investment Income 56 Interest Expense 972 Interest and Other, niet 936 EARNINGS BEFORE PROVISION FOR INCOME TAXES 12,091 Provision for Income Taxes 4.534 NET EARNINGS $ 7.957 Weighted Average Common Shares 1.229 BASIC EARNINGS PER SHARE $ 6.42 Diluted Weighted Average Common Sharts 1,234 DILUTED EARNINGS PER SHARE $6.45 (1) Pascal yere ended January 29, 2017 January 31, 2016, and February 1, 2015 inch 2 w See accompanying Notes to Consolidated Financial Statement (166 919 753 (337) 830 493 4,012 $ 7.009 1.277 $5.69 1.283 3 5.46 9.975 3.631 $6.345 1333 54.74 $4.77 THE HOME DEPOT, INC. AND SUBSIDIARIES Consoldated Statement of Companive come amount in millions Jan 29, 2017 Fiscal 2016 $7,957 Fiscal Year Ended Jan 31, 2016 Fiscal 2015 57.009 Feb. 1. 2015 Fiscal 2014 56.345 ISTO) 11 34 Net Barnings Other Comprehensive Income (Loss); Foreign Currency Translation Adjustment Cash Flow Hedges, set of tax Other tal Other Comprehensive Income (Losa) COMPREHENSIVE INCOME () Punat yaranded January 29, 2017 January 31, 2016 detsry, 2013 See accompany Now to Condiale 31 $7.95 Excerpts from the Pascal 2016 Antal Report of The Home Depot. lac THE HOME DEPOT, INC. AND SUBSIDIARIES Consolidated Statements of Stockholders' Equity A7 IT - 119 1 Accumulated Common Stock Other amounts in millions, except per share data Shares Amount Capital Earnings Income (Loss) Shares Amount Paid-In Retained Comprehensive Treasury Stock Stockholders Balance, February 2, 2014 1,761 $88 Equity 58,402 $23.180 $46 Net Earnings (381) (19,194) $12522 6,345 Shares Issued Under Employee Stock Plans 6,345 7 122 Te Effect of Stock-Based Compensation 122 136 Foreign Currency Translation Adjustments 136 (510) Cash Flow Hedges, net of tax (510) Stock Options, Awards and Amortization 225 of Restricted Stock 225 Repurchases of Common Stock (80) (7.000) (7.000) Cash Dividends ($1.88 per share) (2.530) (2,530) Other Balance, February 1, 2015 1,768 588 $8,885 $26,995 S(452) (461) $(26.194) $ 9,322 Net Earnings 7,009 7,009 Shares Issued Under Employee Stock Plant 73 23 Tex Effect of Stock-Based Compensation 145 145 Foreign Currency Translation Adjustments (412) (412) Cash How Hedges, net of tax (34) Stock Options, Awards and Amortization 244 244 of Restricted Stock Repurchases of Common Stock (59) (7.000) (7.000) Cash Dividends (52.36 per share) (3,031) (3,031) Balance, January 31, 2016 1,772 SRS $9,347 $30,973 $1898) (520) $33,194) $ 6,376 Net Earnings 7.957 76 76 Shares Issued Under Employee Stock Plans 97 97 Tax Effect of Stock-Based Compensation (3) (3) Foreign Currency Translation Adjustments 34 34 Cash How Hedges, net of tax 267 267 Stock Opcions, Awards and Amortization of Restricted Stock (83) (7.000) (7,000) Repurchases of Common Stock Cash Dividends ($2,76 per share) (3.404) Other $ 4,303 1,776 $88 Balance, January 29, 2017 $(867) $9,787 $35,519 (573) $(48,194) See accompany Noter to Conoidesed Financial 11 LIIT! 1 ! ITTI TILL III 1 1 115 7.957 1 TILL LET 1111 - - -- TI I! 3,406) THE HOME DEPOT, INC. AND SUBSIDIARIES Consolidated States Jan 29, 2017 Fiscal 2016 Fhical Year Ended Jan 31, 2016 "el 2015 Feb 1, 2015 "Fiscal 2014 57957 $7.009 56.345 1,373 267 1,786 2563 244 (144) 023 (138) (769) ES 446 99 109 (117) 081) 546) (59 838 109 154 25 (81) (124) (199 244 146 168 159 (104) 22 9379 (1.595) (1.442) mots in ons CASH FLOWS FROM OPERATING ACTTVITIES: Nataries Reconciliation of Net Earnings to Net Cash Provided by Openting Activities: Depreciation and Amortization Stock-Based Compensatice Expense Gain on Sales of Investments Changes in Assets and Liabilities, net of the effects of scquisition Receivables, bet Merchandiseluventaries Other Current Assets Accounts Payable and Accred Expenses Deferred Revenge Income Tax Payable Deferred Income Tax Ocher Net Cash Provided by Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES: Capital Expenditur, net of $179, 5165 and 521% of bath capital expenditures in fiscal 2016, 2015 and 2014, respectively Proceeds from Sans of Investments Payments for Business Acquired, ast Proceeds from Sale of Property and Equipment Not Cash Used in Lovesting Activities CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from Short Term Borrowings, bet Proceeds from Long-Teren Borrowing, stof discounts Repayments of Long-Term Debt Repurchase of Common Stock Proceeds from Sains of Common Stock Cash Dividends Psd to Stockholden Other Financing Activities Net Cash Used in Financing Active Change in Cash and Cash Equivalente Effect of Exchange Rate Changes on Cash and Cast Equivalents Cash and Cash Equivalents at Regioning of Yere Cash and Cash Equivalents at End of Year SUPPLEMENTAL DISCLOSURE OF CASH PAYMENTS MADE POR: Internet, net of interest capitalized Income Taxes Faralon ended forwary 29, 2017.12.2016, and Peary 1, 2015 de See accompanying Moste Cold Pinancial Set 144 E 328 (2003 (1.666) 43 (1.583 4,99 3,045) 6. 225 (3,404 50 3.991 39) 07.000) 290 1.981 29) 7.000) 3.031) (2.590 06 15,280 604 (111) 1,723 52216 2011) (100) (106 1.929 31,723 $2335 $924 SU $18 53,435 APPENDITA 2016 Apotheepote THE HOME DEPOT, INC. AND SUBSIDIARIES Comidated Balance Shorts A5 Juary 23, 2017 January 31, 2016 525 5 2216 L29 11,809 11 603 17,734 55 18 512 21.914 16.454 39.266 17.075 22.191 2.102 1.196 541.373 $ 710 amount in million, at epithare and per share data ASSETS Charter Asset Cash and Cab Equivalents Receivables, se Merchandise Lorentorios Other Current Assets Total Cureat Assets Property and Equipment, al cost Les Accumulated Depreciation and Americation Net Property od Equipment Goodwill Othe Total Assets LIABILITIES AND STOCKHOLDERS' EQUITY Catreat Lisbilities: Short-Term Debt Accounts Payable Accued Salaries and red penis Sales Taxes Payable Deferred Reveta Lacome Taxes Payable Curmat Installats of Long Term Debt Och Arund Expenses Total Current Liabilitie Long-Term Debt, excluding Other Long-Term Liabilities Deferred Income Taxes Tocal Liais STOCKHOLDERS' EQUITY Co Std. par value 50.05. hod 10 sinun 1.776 bin shares at January 29, 2017 1.772 Millions January 31, 2016 outtag 2.203 billion that Juary 29, 2017 12:52 lisas tary 31, 2016 Prio-io Capital Retained Brip Aceland Others Corner Lots Treasury Stock, cour, 573 million shares at January 29, 2017 sd 527 maite share sty 31, 2016 Total Sociholde' Equity Total Liabilities and Stockholders' Equity See More $ 350 ESOS 1515 626 1566 ses 1669 2.15 14133 77 1.54 1545 2 3643 20,795 1965 329 35.65 30 9,7 16,519 30972 194 SON u 56 Soe The