Solvency Ratios	Favourable	Unfavourable				2014	2015	2016
Debt to Equity	Lower	Higher	Total Liabilities / Shareholders Equity
Equity	Higher	Lower	Shareholders Equity / Total Assets
Debt	Lower	Higher	Total Debt / Total Assets
Efficiency Ratios	Favourable	Unfavourable				2014	2015	2016
Asset Turnover	Higher	Lower	Net Sales / Average Total Assets
Inventory Turnover	Higher	Lower	COGS / Average Inventory
Profitability Ratios	Favourable	Unfavourable				2014	2015	2016
Gross Margin %	Higher	Lower	Gross Profit / Net Sales
Net Margin %	Higher	Lower	Net Profit Before Tax / Net Sales
Return on Assets	Higher	Lower	Net Profit Before Tax / Average Total Assets
Return on Equity	Higher	Lower	Net Profit Before Tax / Shareholders Equity
Average Assets						N/A
Average Inventory						N/A

with comparative figures for 2015 and 2014 2014 2015 2016 48.7% 6.8% 46.2% 6.0% 5.1% 40.4% 7.8% 34.3% 47.0% $ 7.4% $ 6.5% $ 36.8% $ 2.4% $ 100.0% 50.7% $50,343,000 $7,034,000 $8,030,000 $35,495,000 $2,500,300 $103,402,300 $52,002,000 $51,400,300 42.2% $52,454,000 $8,230,000 $7,239,000 $41,023,000 $2,623,000 $111,569,000 $56,538,000 $55,031,000 Assets Current Assets: Cash Accounts Receivable Inventory Total Current Assets: 34.2% 45.8% 55,023,000 7,102,300 6,102,300 48,102,000 2,850,000 $119,179,600 $60,010,000 $59, 169,600 2.4% 33.7% $61,269,000 $88,947,000 $13,642,000 $163,858,000 $102,258,000 $84,445,000 $30,314,000 $217,017,000 49.7% 7.6% $94,551,000 $69,683,000 $19,764,000 $183,998,000 34.8% 12.5% 100.0% 50.3% 2.4% 100.0% 50.4% 9.6% 91.5% 89.1% 89.6% 49.7% 49.3% 49.6% Capital Assets $15,125,000 8.5% $22,625,000 10.9% $25,324,000 10.4% 22.7% 0.5% 21.6% 0.4% $27,340,000 $500,000 22.9% 0.4% Total Assets $178,983,000 100.0% $206,623,000 100.0% $242,341,000 100.0% 0.2% 0.1% 0.1% 0.2% 0.2% 0.0% Liabilities Current Liabilities Accounts Payable & Accrued Liabilit Defferred Revenue Total Current Liabilities: Revenues Carbonated (CSD) Concentrates Fountain Syrups Non-CSD Other Total Revenue COGS Gross Profit Expenses Advertising Amortization Bad Debt Commissions Consulting Fees Content Provider Fees Insurance Interest and Bank Charges Materials and Supplies Meetings, Conferences, Travel Memberships and Licences Office Professional Fees R+D Rent Salaries Server Hosting Software and Equipment Telephone TotalExpenses Net Profit Before Tax 0.2% 0.2% 0.0% 0.2% 0.1% 0.3% 0.2% 0.1% 0.2% 0.1% $102,114,000 $40,698,000 $142,812,000 57.1% 22.7% $106,356,000 $66,382,000 $172,738,000 51.5% 32.1% $126,010,000 $91,008,000 $217,018,000 52.0% 37.6% 0.2% 0.1% 79.8% 83.6% 89.6% 1.3% 1.4% 0.1% 1.3% 0.1% 0.1% Long Term Debt $635,000 0.4% $349,000 0.2% $192,000 0.1% $23,494,000 $500,000 $190,000 $200,000 $250,000 $50,000 $250,000 $110,000 $1,400,000 $150,000 $20,000 $2,500,000 $50,000 $1,034,000 $400,000 $6,500,000 $250,000 $300,000 $250,000 $37,898,000 $13,502,300 $24,045,000 $500,000 $150,000 $250,000 $250,000 $55,000 $250,000 $114,000 $1,500,000 $100,000 $20,000 $2,650,000 $50,000 $1,200,000 $400,000 $6,600,000 $265,000 $310,000 $150,000 $38,859,000 $16,172,000 0.0% 2.4% 0.0% 2.4% 0.0% 1.0% $125,000 $300,000 $200,000 $ $60,000 $250,000 $130,000 $1,600,000 $100,000 $20,000 $2,700,000 $50,000 $1,000,000 $400,000 $6,700,000 $271,000 $310,000 $125,000 $42,181,000 $16,988,600 0.0% 2.3% 0.0% 0.8% Owners Equity $35,536,000 19.9% $33,536,000 16.2% $25,131,000 10.4% 0.0% 1.1% TotalLiabilities & Shareholder Equity $178,983,000 100.0% $206,623,000 100.0% $242,341,000 100.0% 0.4% 0.4% 0.3% 6.3% 0.2% 5.9% 0.2% 0.3% 5.6% 0.2% 0.3% 0.3% 0.2% 0.1% 0.1% 34.8% 35.4% 36.7% 13.1% 14.5% 14.3% Ratio Analysis Favourable 2014 2015 2016 Liquidity Ratios Unfavourable Acid Test or Quick Ratio 1