SHORT FORM - BALANCE SHEET

Balance Sheet
2020 2019
(+) Fixed Assets 144,580.0 139,400.0
(+) Intangible Assets - -
(-) Accumulated Depreciation 3,500.0 3,800.0
(+) Other Non Current Assets - -
(+) Group Net Fixed Assets 148,080.0 143,200.0

(+) Stock 5,550.0 4,330.0

(+) Trade Debtors 16,000.0 15,000.0
(+) Total Cash 6,500.0 5,500.0
(+) Other Current Assets 2,000.0 1,558.0
(+) Group Total Current Assets 30,050.0 26,388.0

(+) Group Total Assets 178,130.0 169,588.0

(+) Debt greater than 1 year 65,000.0 62,000.0

(+) Deferred Credit & Other liabilities 7,411.0 6,485.0
(+) Group Long Term Liabilities 72,411.0 68,485.0

(+) Trade Creditors (Accounts Payable) 11,485.0 10,212.0

(+) Short Term Debt 3,522.0 3,222.0
(+) Current Portion of Long Term Liabilities 11,000.0 10,000.0
(+) Other Current Liabilities 2,081.0 4,376.0
(+) Group Total Current Liabilities 28,088.0 27,810.0

(+) Share Capital 25,760.0 25,380.0

(+) Retained Earnings 52,176.0 48,314.0
(+) Group Total Shareholder's Equity 77,936.0 73,694.0

(+) Group Total Liabilities 178,435.0 169,989.0

HEET SHORT SPREAD - INCOME
Category
ance Sheet
2018 CHART OF ACCOUNT TYPE (+) Sales Revenue
131,340.0 ASSET (+) Service Revenue
- ASSET (+) Group Turnover (T.O)
3,300.0 ASSET
- ASSET (-) Group Cost of Goods Sold
134,640.0 ASSET
(+) Group Gross Profit
3,546.0 ASSET
14,000.0 ASSET (-) Administrative Expenses
5,000.0 ASSET (-) Other Operating Expenses
1,475.0 ASSET (+) Group Operating Profit
24,021.0 ASSET
(-) Interest Paid
158,661.0 ASSET (+) Interest Received
(-) Depreciation & Amortization
(-) Exceptional Items
60,000.0 LIABILITY (+)Group Pre-Tax Profit (Loss)
5,412.0 LIABILITY
65,412.0 LIABILITY (-) Tax
(-) Extraordinary Income
(-) Minority Interest
9,500.0 LIABILITY (-) Dividend
3,145.0 LIABILITY (+)Group Net Income
9,000.0 LIABILITY
4,182.0 LIABILITY
25,827.0 LIABILITY

25,170.0 EQUITY
42,588.0 EQUITY
67,758.0 EQUITY

158,997.0 LIABILITY
SHORT SPREAD - INCOME STATEMENT
Income Statement
2020 2019 2018 CHART OF ACCOUNT TYPE
100,000.0 80,000.0 70,000.0 INCOME
20,000.0 16,000.0 10,000.0 INCOME
120,000.0 96,000.0 80,000.0 INCOME

55,000.0 45,000.0 35,000.0 EXPENSE

65,000.0 51,000.0 45,000.0 INCOME

18,600.0 16,900.0 14,300.0 EXPENSE

2,200.0 2,000.0 1,700.0 EXPENSE
44,200.0 32,100.0 29,000.0 INCOME

1,100.0 900.0 650.0 EXPENSE

100.0 100.0 100.0 INCOME
770.0 680.0 520.0 EXPENSE
- 100.0 100.0 EXPENSE
42,430.0 30,520.0 27,830.0 INCOME

12,729.0 9,156.0 8,349.0 EXPENSE

111.0 99.0 88.0 INCOME
89.0 55.0 35.0 EXPENSE
111.0 90.0 80.0 EXPENSE
12,640.0 9,110.0 8,322.0 INCOME
 Ratios
Ratios
Sales Growth (%)
Gross Margin
Interest Cover (x)
EBITDA
Debtor Days
Stock Days
Creditor Days
Change in Working Capital
Free Cashflow for debt servicing
Cashflow / Debt servicing (Years)
Gearing
Fixed Assets / Debt
Fixed Assets / Turnover
Net Debt / EBITDA
 Ratios
Calculation Sample
(2020 T.O / 2019 T.O) - 1 25.00%
(2020 T.O / 2020 COGS) 54.17%
(2020 Gross Profit / 2020 Int Paid) 38.57
(POA - IR + Dep + IP) 44,200.00
(Trade Debtors/ (Turnover/365)) 48.67
(Inventory)/(T.O/365) 16.88
Trade Creditors/COGS*365 76.22
△ Debtors + △ Inventory - △ Creditors (947.0)
EBITDA + △ Debtors + △ Inventory - △ Creditors 43,253.00
(LT Debt + ST Debt)/Free Cashflow for Debt Servicing 1.84
(LT Debt + ST Debt)/(Total Shareholder's Equity - Intangible Assets) 102%
Fixed Assets / Total Debt 1.81
Fixed Assets / Turnover 1.23
(Long Term Debt + Short Term Debt - Cash) / EBITDA 2.13
 20.00%
53.13%
33.91
32,000.00
57.03
16.46
82.83
(1,072.0)
30,928.00
2.43
102%
1.80
1.49
2.84
year ended 20xx 20xx

Turnover £100,000 £80,000

Cost of sales £65,000 £55,000
Pre tax profit £20,000 £10,000
interest paid £1,000 £500
Interest received £200 £100
Depreciation & Amortisation £3,000 £2,000
Fixed Assets £60,000 £80,000
Intangible Assets £800 £800
Debt due within 1 year £800 £300
Debt due greater than 1 year £2,200 £2,000
Trade debtors £500 £400
Trade Creditors £600 £400
Stock £1,000 £1,000
Shareholders Funds / Equity £5,500 £5,000

Ratios
Sales growth 25%
Gross Margin 35.0% 31.3%
Interest Cover x 20.0 20.0
Debtor days 2 2
Stock days 4 5
Creditor Days 3 3
EBITDA £23,800
Working Capital Movement £100
Free Cashflow for debt servicing £23,900
Cashflow / Debt servicing - no of years 0.13
Gearing 64% 55%
Fixed Assets / Debt x 20.00 34.78
Fixed Assets / Turnover x 0.60 1.00
Fixures, Fittings, Vehicles ASSET
Plant & Machinery ASSET
Long Term Investments ASSET
Land and Buildings - Freehold + Leasehold ASSET
Other Tangible Assets ASSET
Accumulated Depreciation ASSET
Intangible Assets ASSET
Other Non Current Assets ASSET
Net Fixed Assets ASSET

Raw Materials ASSET

WIP ASSET
Finished Goods ASSET
Inventories ASSET

Trade Debtors ASSET

Total Cash ASSET
Other Current Assets ASSET
Prepaid Expenses ASSET
Doubtful Debts ASSET
Total Current Assets (Including Inventory) ASSET
Total Assets ASSET

Long Term Liabilities LIABILITY

Deferred Taxes LIABILITY
Deferred Credit & Other liabilities LIABILITY
Long Term Liabilities LIABILITY

Trade Creditors (Accounts Payable) LIABILITY

Tax Payable LIABILITY
Short Term Debt LIABILITY
Current Portion of Long Term Liabilities LIABILITY
Interest Payable LIABILITY
Accrued Expenses LIABILITY
Other Current Liabilities LIABILITY
Total Current Liabilities LIABILITY

Share Capital EQUITY

Paid in Capital EQUITY
Retained Earnings EQUITY
Dividend Payable EQUITY
Total Shareholder's Equity EQUITY
Total Liabilities LIABILITY