V-IS Balance Sheet Income Statement Vertical Analysis Consolidated Statements of Income - USD (S) 31-May-20 Income Statement Company A Revenues $39.117 Cost of sales 21.643 Gross profit 17.4741 Demand creation expense 3,753 Operating overhead expense 8,949 Total selling and administrative expense 12,702 Interest expense (income), net 49 Other (income) expense, net -78 Income before income taxes 4.801 Income tax expense 772 NET INCOME $4,029 31-May-20 Company B $363.970 204,401 159,569 35,707 77,934 113.641 154 660 45,114 9.474 $35,640 Consolidated Balance Sheets - USD (S) 31-May-21 Company A S4,466 197 4.272 5.622 1.968 16,525 4.744 283 154 2,011 23.717 31-May-20 Company B $4,249 996 3.498 5.261 1.130 15,134 4.454 285 154 2.509 22.536 6 Current assets: Cash and equivalents Short-term investments Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property, plant and equipment, net Identifiable intangible assets, net Goodwill Deferred income taxes and other assets TOTAL ASSETS Current liabilities: Current portion of long-term debt Notes payable Accounts payable Accrued liabilities Income taxes payable Total current liabilities Long-term debt Deferred income taxes and other liabilities Commitments and contingencies (Note 18) Redeemable preferred stock Shareholders' equity: Capital in excess of stated value Accumulated other comprehensive income (loss) Retained earnings Total sharcholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 9 2.612 5,010 229 7.866 3,464 3,347 336 2,279 3.2691 150 6,040 3.468 3.216 0 ON 7,163 231 1.643 9,040 23,717 6,384 -92 3.517 9,812 22.536 E 2 3 2 wg Cante F. 6% $ 27 Delete ME Conditional Formal CH forming Table Styles NO 28. 0.9 Are Ows Calidated States of USD 31-May 19 DIGE SEN De 100 101 Here Costa Croce 5 1 5 5 21.665.00 11.414003 751005 14.307.00 2410 15536.00 5 C 1901 1.5 5 INTOS 20,40100 13005 13700 14 1 60 71220 1010 pering wat 19 Tomitive 11) other, chefer inconian con los * NET INCOME 10 17 teniendo por un dhe * Weighted woman and Hal Distine 12.703.00 1 0.005 (28.00 AND 772.00 4,05 7.93400 11511.00 14.00 45.00 2.00 1.933.0 s! 09 1 $ 5 5 1,111 4.DAR 74 24 5 11 1.1 LIT 5 IGE ASE 1.623 110 1 1,618 LA 1,4230 1.10 1