Schedule B Tesla (FYE December 31)) Balance Sheet (In Billions of USD) Page 2 FY 2019 FE 2017 TY 2017 6.27 1.32 0.6% Cash & Equivalents Total Receivables, Net Total Inventory Other Current Assets, Total Total Current Assets Property/Plant/Equipment, Net Goodwill Other Long Term Assets, Net Total Assets Accounts Payable Other Current liabilities, Total Total Current Liabilities Long Term Debt Other Liabilities, Total Total Liabilities Total Stockholder Equity Total Liabilities & Stockholder Equity 3.55 0.96 12.10 20.20 0.20 2.01 34.31 4.47 6.20 10.67 11.63 4.54 26.84 7.47 34.31 3.69 12.4% 0.95 3.11 0.56 8.31 19.69 0.07 0.2% 1.74 29.74 3.83 6.16 9.99 9.40 31.6% 4.59 23.98 80.6% 5.76 29.74 3.37 11.8% 0.52 2.26 0.42 6.57 20.49 0.06 0.2% 1.60 28.66 2.58 5.09 7.67 9.42 32.9% 6.33 23.42 81.7% 5.24 28.66 33.9% 78.2% Schedule C - Financial Analysis Tesla (FYE December 31)) FYE 2019 FE 2018 FY 2017 Page 3 Three-Year Average Gross Profit Total Revenue Gross Profit Margin 4.04 21.46 18.83% 2.22 11.76 18.90% 18.1% Net Income Total Revenue Net Profit Margin (0.86) 24.58 -3.5% (0.98) 21.46 -4.5% (1.96) 11.76 -16.7% -8.2% Net Income Total Stockholder Equity Return on Equity (0.86) 7.47 (0.12) (0.98) 5.76 -16.9% (1.96) 5.24 -37.4% -22.0% Net Income Total Assets Return on Assets (0.98) 29.74 -3.3% (1.96) 28.66 -6.8% -4.2% Cost of Revenues Inventory Inventory Turnover 17.42 3.11 5.60 9.54 2.26 4.22 5.20 Total Current Assets Total Current Liabilities Current Ratio 8.31 9.99 0.83 6.57 7.67 0.86 0.94 Total Liabilities Total Assets Debt to Asset Ratio 23.98 29.74 80.6% 23.42 28.66 81.7% 80.2% Schedule D - Breakeven Analysis Tesla (FYE December 31)) Page 4 1. What is your contribution margin for FYE 2019? For our purposes, use the gross profit margin. 2. What is the cost of your recommendation (in US Billions)? For example, $800 million = $0.8 billion. 0.80 3. Divide the recommendation cost with your contribution margin. This is your breakeven sales amount 4. What is your total revenues for FYE 2019 in US Billions)? VIDADE 5. Divide the breakeven sales amount with FYE 2019 revenues (This is required sales increase to b/e). 6. What is the average growth in sales from FYE 2016 thru FYE 2019? 7. Does the required increase in sales to b/e make sense in light of past growth in sales? YES NO NOTE: You do not have to complete this page. We will review the concept of breakeven analysis during the Zoom call and complete this math exercise during the Zoom call
