What is the Interpretation of the Vertical Analysis

SYSTEM APPROACH PEST MANAGEMENT SERVICES Statement of Financial Postiion In Vertical Analysis (All amounts in thousands Philippine Peso) Fiscal 2018 Amount Percent Fiscal 2017 Amount Percent ASSETS Current Assets Cash Trade and Other Receivables Creditable Withholding Tax Supplies on Hand Total Current Assets 272.729.51 706,236.70 48,200.80 123,174.53 1,150,341.54 20.10% 52.04% 3.55%. .08% 259,03134 763,669.20 38,756.92 33,464.75 1,094,922.21 20.25% 59.69% 3,03% 2.62% 9 Non-current Assets Property and Equipment (net) Total Non-cirrent Assets 15.23% 14.42% 206,710.21 06,710.21 184,417.26 184,417.26 2 TOTAL ASSETS 1,357,051.75 100.00% 1,279,339.47 100.00% ae LIABILITIES AND EQUITY Current Liabilities Trade & Other Payables Total Current Liabilities 16.33% 14.20% 221.609.42 221,609.42 181,649.69 181,649.69 Non-current Liabilities Mortgage Loan Total Non-Current Liabilities 0.00% 3.12% 39,959.73 39,959.73 TOTAL LIABILITIES 221,609.42 221609.42 Equity 1,057,730.05 77.712.29 77.94% 5.73% Estelita M. Villacote - Capital -Jan1 Profit? Loss for the year Drawing Total Equity 850,245.79 585,055.68 -377,571.42 1,057,730.05 66.46% 45.73% 29.51 1,135.442.34