Name of Company

Reporting Periods
No of past years to be analyzed
No of days in reporting year

Indus Motor Company Limited

annual
5 years
365

Fiscal years
2012
2011
2010
2009
2008

July 1, 2011 - June 30, 2012

July 1, 2010 - June 30, 2011
July 1, 2009 - June 30, 2010
July 1, 2008 - June 30, 2009
July 1, 2007 - June 30, 2008

Indus Motor Company Income statement for year 2008-2012

Rupees in '000
Net sales
Cost of good sold (COGS)
Gross Profit

2008

2009

41423843 37864604
37575356 35540418
3848487 2324186

Expenses
Distribution expenses
Administrative expenses
Other operating expenses
Other operating income
Finance costs
net expense ( Total expenses - operating income)
Profit before tax
Taxation
Profit after tax

487,373 469,985
297,284 352,249
306,193 156,479
786,834 727,080
2,760
26,540
306,776 278,173
3,541,711 2,046,013
1,250,866 660,911
2,290,845 1,385,102

2010

2011

2012

60093139 61702677 76962642

55236625 57613542 70400788
4856514 4089135 6561854

468496
690130
820339
381575
462527
627673
416106
355796
516342
1796075 1507878 1773572
143873
77115
58805
-386,025
77,690 249,587
5,242,539 4,011,445 6,312,267
1,799,136 1,268,071 2,009,552
3,443,403 2,743,374 4,302,715

Indus motor company limited Balance sheet 2008 - 2012

ASSETS
Non-current assets
Long-term loans and advances
Long-term deposits
Total non-current assets
Current assets
Stores and spares
Stock-in-trade
Trade debts
Loans and advances
Short-term prepayments
Accrued return on bank deposits
Other receivables
Investments - at fair value through profit or loss
Taxation - net
Cash and bank balances
Total current assets
Total assets
Equity
Authorised capital(Ordinary shares of Rs 10 each)
Issued, subscribed and paid-up capital
Reserves
Total Equity
Liabilities
Non-current liabilities
Deferred taxation
Total non-current liabilities
Current liabilities
Trade and other payables
Advances from customers and dealers
Accrued mark-up
Short-term running finance
Taxation - net
Total current liabilities
Total liabilities
Total liabilities and equity

2008

2009

2010

4,033,762
42,341
7,222
4,083,325

3,934,473
28,509
7,222
3,970,204

3,324,333
15,570
7,122
3,347,025

232,142
128,483
111,567
2,637,629 4,088,858 5,198,367
1,332,832 1,736,631 1,613,247
737,372
894,459
839,819
23,148
16,876
18,778
35,012
50,944
57,254
74,360
67,902
196,241
54,171
209,533
4,328,585 9,731,166
196,241
9,664,784 16,715,319 8,231,514
13,748,109 20,685,523 11,578,539

1,000,000 1,000,000 1,000,000

786,000
786,000
786,000
8,650,340 9,510,973 11,801,615
9,436,340 10,296,973 12,587,615

532,138
532,138

503,700
503,700

325,797
325,797

2,837,084
942,442
105

3,942,988
5,926,529
673

5,905,062
8,076,281
944

3,779,631

14,660
242,579
9,884,850 14,224,866

4,311,769 10,388,550 14,550,663

13,748,109 20,685,523 27,138,278

2011

2012
Rupees in '000

4,225,710
11,949
9,222
4,246,881

3,472,906
6,015
7,822
3,486,743

189,755
178,188
5,690,052 7,529,571
1,356,068 1,459,976
926,174
945,498
18,900
20,965
52,586
45,355
149,533
447,569
4,993,464 2,690,553
399,006
8,812,199 10,771,300
22,587,737 24,088,975
26,834,618 27,575,718

1,000,000 1,000,000
786,000
786,000
13,333,648 16,227,858
14,119,648 17,013,858

454,012
454,012

165,941
165,941

5,740,869
6,519,669
420

6,512,461
3,823,641
188

59629
12,260,958 10,395,919
12,714,970 10,561,860
26,834,618 27,575,718

Indus Motor company Net Cash flows from 1 june-30 july

Rupees in '000
Net (decrease) / increase in cash and cash equivalents

2008

2009

2010

-4,214,678 5,402,581

6024814

2011

2012

-6943781

1959101

Indus Motor Company Ratio Analysis

For Year
A) Liquidity Ratios
Current Ratio (Current assets / Current Liabilities)
Acid-Test ratio ((Current assets - inventories)/Current liabilities)
Inventory Turnover (Cost of goods sold/inventory)
Average collection period ( Accounts Receivable/Daily Credit Sales)
Accounts recceivable turnover (Credit Sales / Account Receivable)
B) Operating Profitability
Operating income return on investment(operating income/ total assets)
Operating profit margin (Operating income / Sales )
Fixed Assets turnover ( Sales/net fixed assets)
Total assets Turnover (Sales/Total assets)
Accounts recivable turnover (Credit sales / Accounts Recivable )
Inventory Turnover (COGS/ Inventory)
Inventory turnover in days (365/inventory turnever)
Fixed Assets turnover ( Sales/net fixed assets)
Return on Assets ROA (Net income/Total assets)

2008

2009

2.557071 1.691004
-0.63643 -0.40065
14.24588 8.692016

0.057232
0.018995
9.710449
3.013058

0.035149
0.019202
9.319472
1.830488

14.24588 8.692016
25.62144 41.99256
9.710449 9.319472
0.16663 0.06696

C) Financing decisions
Debt Ratio (Total debt/total assets)
Times interest earned (Operating income / interest expense )

0.313626 0.502214
285.0848 27.39563

D) Return On Equity
Return On equity ( net income / common equity )

0.242768 0.134515

2010

2011

2012 Industry average 2012

0.578671 1.842249 2.317157

-0.3576
-0.4486 -0.70714
10.62576 10.12531 9.349907

0.155121
0.029888
17.48978
5.190045

0.056192
0.024438
13.97422
2.299369

0.064316
0.023045
21.07934
2.790957

10.62576
34.35047
17.48978
0.297395

10.12531
36.04828
13.97422
0.102233

9.349907
39.03782
21.07934
0.156033

1.256692 0.473827 0.383013

12.48375 19.55363 30.16022

0.273555 0.194295 0.252895