Beruflich Dokumente
Kultur Dokumente
EBIT*(1-tax%)
add: depreciation
less:capital exp
less: change in WC
less:change in other assets
FCFF
TA
TL
WC
Change
OTHER ASSETS
deferred tax
advances
miscellaneous
total
change
16,297,996.40
443,324
32,709,756
-15,968,435.60
WACC
0.6753
0.3247
ROIC
VALUE
FCFF/(WACC-g)
-64241163.31
0.55
0.0245
WACC
0.3794
0.1308
0.2486
EBIT
EBT
tax expense
Interest expense
NI
tax rate
capital stock
retained earnings
retention rate
depreciation
capex
2013
343,752,812
91,060,652
252,692,160
15,687,137
2012
350,950,120
113,945,097
237,005,023
7,613,410
605,996
710,593
8,929,999
2,931,767
4,598,414
724,914
674,904
5,998,232
23,282,852
22,410,162
6,723,025
872,690
15,687,137
30%
193,750,002
58,942,158
30%
443,324
14,090,852
NI dep current assets, cash, current liabilities, long term debt for 3
, current liabilities, long term debt for 3 years. kunin mo lang geomean per item (at least 3 years past)
Interest income
less:Interest expense
Net interest income
less: Impairment loss
Net interest income after
impairment loss
37,297,687
872,690
36,424,997
9,973,690
2012
(unaudited)
15,657,569
428,299
15,229,270
1,329,628
2012
2011
2010
82,453,952
3,898,942
78,555,010
5,318,512
76,033,193
5,548,369
70,484,824
3,426,509
37,797,983
1,979,340
35,818,643
2,662,384
26,451,307
13,899,642
73,236,498
67,058,315
33,156,259
5,258,079
9,299,224
22,410,162
6,723,025
15,687,137
2,992,878
6,589,121
10,303,399
3,091,002
7,212,397
16,542,601
28,083,417
61,695,682
18,508,636
43,187,046
12,904,907
22,380,171
57,583,051
17,318,722
40,264,329
6,605,085
18,050,512
21,710,832
6,517,498
15,193,334
* un forecast nagsimula ako 2010-2012, di ko sinama 2013, tama ba nun? Nag start na ko 2014
Forecast
2018
2017
2016
2015
2014
61,881,539.58
3,498,464.76
58,316,691.73
3,647,295.12
56,235,555.33
3,374,331.51
52,803,884.89
3,216,358.81
50,856,551.48
2,858,875.33
47,957,436.56
3,149,212.96
56,144,385.83
3,231,619.03
52,857,291.47
3,330,523.30
54,352,736.01
3,147,272.69
51,153,526.67
3,231,168.95
54,607,032.50
49,517,142.96
44,756,545.61
49,463,734.79
47,859,300.61
11,213,616.39
22,469,890.61
42,567,221.44
12,783,714.24
29,783,496.64
9,850,531.44
20,860,175.66
37,613,938.82
11,300,160.20
26,313,770.24
9,002,461.15
20,376,807.76
32,636,245.73
9,801,085.71
22,835,154.22
9,981,340.49
21,217,051.11
37,385,922.70
11,228,936.19
26,156,978.19
9,601,444.95
20,815,157.94
35,802,968.57
10,753,895.22
25,049,065.74
As of December 31
2012
2011
2010
39,826,463
280,905,498
14,090,852
8,929,999
343,752,812
90,428,846
240,309,956
14,213,086
5,998,232
350,950,120
5,933,575
149,995,293
15,457,460
6,858,624
178,244,952
10,101,968
128,465,905
11,065,100
2,630,892
152,263,865
75,000,000
100,000,000
25,000,000
87,050,024
6,328,972
6,598,010
5,790,772
6,550,669
9,731,680
91,060,652
193,750,002
7,347,087
113,945,097
75,000,000
6,786,203
37,576,975
75,000,000
3,259,524
96,860,217
30,000,000
53,150,000
58,942,158
252,692,160
343,752,812
65,600,002 43,255,021
65,667,977
237,005,023 140,667,977
350,950,120 178,244,952
25,403,648
55,403,648
152,263,865
2018
2017
Forecast
2016
2015
2014
17,566,145.31
166,678,311.30
13,446,026.19
4,765,638.46
211,975,903.33
10,173,404.17
147,541,728.72
13,199,651.83
4,413,878.45
179,184,399.04
12,176,325.60
146,732,825.37
12,522,871.49
3,810,788.33
179,498,647.08
12,958,448.51
153,381,770.48
13,050,288.65
4,311,735.34
189,619,336.63
11,708,785.58
149,189,628.13
12,920,981.53
4,170,253.26
182,703,976.18
60,150,092.74
50,774,821.08
64,301,020.58
58,125,609.92
57,466,039.05
6,301,999.49
6,206,310.44
6,351,346.96
6,286,263.27
6,281,026.60
5,457,143.88
74,574,033.24
55,260,472.48
4,942,144.94
64,746,797.94
49,911,317.88
4,446,432.34
77,621,814.07
43,575,759.16
4,931,331.41
72,099,110.23
49,349,890.99
4,767,570.45
71,292,524.94
47,523,680.30
53,150,000.00
53,150,000.00
53,150,000.00
53,150,000.00
53,150,000.00
65,600,002.00
41,632,141.44
122,695,994.33
211,975,903.33
65,600,002.00
41,104,827.00
98,519,302.67
179,184,399.04
65,600,002.00
35,161,917.76
87,490,995.55
179,498,647.08
65,600,002.00
39,186,039.89
101,883,774.05
189,619,336.63
65,600,002.00
38,403,038.26
95,762,741.49
182,703,976.18
As of March 31
2013
Cash Cash Flows From Operating
Activities
Profit before tax
Adjustments for:
Interest income
Interest received
Interest expense
Interest paid
Depreciation
Impairment loss
Unrealized loss exchange (gains)
losses
Operating profit before changes in
operating assets and liabilities
Increase in loans receivable
Decrease (increase) in other assets
Increase (decrease) in accrued
expenses and other payables
22,410,162
$
61,695,682
57,583,051
947,086
-137,249
27,431,082
60,731,257
55,200,008
(45,112,120.00) $ (86,515,627.00) $ (17,627,468.00)
81,654
2,912,967 $ (3,263,594.00)
(253,760.00) $
742,655.00 $
(792,536.00)
$
$
-321,090
-578,568
-6,015,847
-321,090
-578,568
-6,015,847
50,000,000
-75,000,000
100,000,000
-25,000,000
15,000,000
-65,000,000
-12,050,024
53,150,000 -
-25,000,000
45,000,000
128,150,000
-17,050,024
Cash
Net Increase (Decrease) In Cash
Cash at Beginning Of Year
Cash at End Of Year
-76,296
-50,602,383
90,428,846
39,826,463
-947,086
84,495,271
5,933,575
90,428,846
137,249
-4,168,393
10,101,968
5,933,575
ecember 31
2010
2018
2017
Forecast
2016
2015
2014
21,710,832
42,567,221.44
37,613,938.82
32,636,245.73
#NUM!
$ (37,297,687.00)
31,439,310
1,979,340
$ (1,998,090.00)
1,315,433
2,662,384
#NUM!
54,107,793.39
3,498,464.76
#NUM!
1,573,125.85
3,647,295.12
#NUM!
48,892,235.36
3,374,331.51
#NUM!
1,497,707.50
#NUM!
#NUM!
43,650,669.34
#NUM!
#NUM!
1,457,985.04
#NUM!
#NUM!
48,696,402.09
#NUM!
#NUM!
1,508,856.18
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
40,629,503.58
#NUM!
#NUM!
#NUM!
35,534,586.38
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
$ (34,759,243.00)
$ (4,259,108.00)
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
$ (39,018,351.00)
#NUM!
#NUM!
#NUM!
#NUM!
#NUM!
695,367
20,006,593
$ (56,387,739.00)
$
(899,848.00)
$
2,521,751.00
-364,378
-364,378
50,000,000
-4,163,764
45,836,236
#NUM!
#NUM!
47,015,662.34
#NUM!
#NUM!
#NUM!
#NUM!
-695,367
5,758,140
4,343,790
10,101,968