1. Given thefollowingstatementofFinancialPosition andStatementofFinancialPerformance,computeforthefollowing:
   1. Horizontalanalysisofcomparativestatements
   2. Trendpercentagesand
   3. CommonSize Financialstatements
   4. Financialratios

1. With the computed requirement above,give recommendations on howthecompanycanimproveitsoperationsandstandinginthefollowingareas:
   1. Shorttermsolvency,
   2. Long-termFinancialposition,
   3. Operatingefficiencyandprofitability.

STATEMENTOFFINANCIALPOSITION

ASSETS	2020()	2019()
Currentassets
Cashandcashequivalents	5,137,144,792	15,852,213,396
Short-terminvestment	11,493,502	11,389,621
Receivables	3,674,543,057	3,430,979,113
Inventories	4,243,099,966	4,164,073,340
Prepaymentsandothercurrentassets	830,512,756	472,351,337
TotalCurrentAssets	13,896,794,073	12,703,448,506
NoncurrentAssets
Propertyandequipment	6,336,643,785	7,023,486,002
Right-of-useasset	6,975,912,246	7,549,790,375
Goodwillandothernoncurrentassets	462,636,786	670,343,702
Receivables-netofcurrentportion	58,024,244	207,766,169
Deposits	1,055,456,946	1,002,878,994
Deferredtaxassets-net	963,539,389	515,950,406
TotalNoncurrentAssets	15,852,213,396	16,970,215,648
TOTAL	29,749,007,469	29,673,664,154

LIABILITIES	2020()	2019()
CurrentLiabilities
Bankloans	830,000,000	65,000,000
Currentportionoflong-termdebt	241,690,058	160,440,058
Accountspayableandaccruedexpenses	5,954,411,302	6,785,772,198
Leaseliabilities	2,125,633,197	2,006,019,727
Currentportionofcontractliabilities	510,441,833	418,715,881

Incometaxpayable Othercurrentliabilities	266,514 4,201,875,385	218,851,309 4,051,960,551
TotalCurrentLiabilities	13,864,318,289	13,706,759,724
NoncurrentLiabilities
Long-termdebt-netofcurrentportion	1,091,725,146	333,415,205
Leaseliabilities-netofcurrentportion	6,487,085,252	6,753,525,570
Depositspayable	361,995,615	313,328,714
Contractliabilities-netofcurrentportion	141,915,647	191,702,318
Netretirementobligations	442,099,746	331,343,566
Cumulativeredeemablepreferredshares	6,000,000	6,000,000
TotalNoncurrentLiabilities	8,530,821,406	7,929,315,373
TotalLiabilities	22,395,139,695	21,636,075,097

Equity
Commonstock	757,104,533	757,104,533
Additionalpaid-incapital	293,525,037	293,525,037
Appropriated	6,100,000,000	6,100,000,000
Unappropriated	331,691,101	978,334,123
Othercomprehensiveloss	-125,529,651	-88,451,390
Total	7,356,791,020	8,040,512,303
Costofownsharesheldintreasury	2,923,246	2,923,246
TotalEquity	7,353,867,774	8,037,589,057
TOTAL	29,749,007,469	29,673,664,154

STATEMENTOFFINANCIALOPERATION

REVENUES
Revenuefromcontractswithcustomers	43,645,923,273	52,950,902,607
RentalRevenue	148,687,434	137,107,640
InterestRevenue	53,372,316	37,582,393
OtherRevenue	181,987,512	62,037,334
TOTALREVENUES	44,029,970,535	53,187,629,974
EXPENSES
Costofmerchandisesales	28,783,351,394	34,368,460,873
Generalandadministrativeexpenses	14,674,175,998	15,794,863,340
Interestexpense	1,064,345,224	897,502,571
Otherexpenses	73,324,948	45,862,835
TOTALEXPENSES	44,595,197,564	51,106,689,619
INCOME(LOSS)BEFOREINCOMETAX	-565,227,029	2,080,940,355
PROVISIONFOR(BENEFITFROM)INCOME	-145,509,492	636,366,870
TAX
NETINCOME(LOSS)	-419,717,537	1,444,573,485