Annual Report

of
Hero Motor Corp
In Common Size and
Comparative Statements
Presented By:Deependra Sharma
And
Yuvraj Singh

Contents..

Introduction
Comparative Statements
Common Size Statements
Relation {Comparative Statement}
Relation {Common Size Statement}
Financial Analysis

Introduction..
This presentation is about analysis of Hero
Motor Corp at the year ended 31st march 2011
and 2012.
Horizontal analysis shows the changes
between financial years data of company in
Dollar and percentage form.
It is analytical techniques used to examine
relationship among financial statements items.

Horizontal Analysis Calculating

Change in Amount (Crores)

Amount change

Current Year Figure

Base Year Figure

Horizontal Analysis
Calculating Change as a Percentage
Percentage
Change

Amount
Change
Base Year
Figure

100%

Horizontal Analysis
Hero Motor Corp
Particulars

Comparative Balance Sheets

as on March 31st 2011-12
2012

2011

Cash and Equipments

76.82

71.52

Trade Receivable

272.31

130.59

Inventory

675.57

524.93

Current Investments

3290.30

4663.29

Advances

475.60

344.72

Other Current Assets

40.36

36.79

Tangible Assets

1743.14

1612.53

Intangible Assets

2042.37

2467.75

Capital WIP

38.84

49.96

Long Term Investment

673.96

465.46

Increase

(Decrease)

Amount(Crores)

(1372.99)

(29.44)

Current Assets

Fixed Assets

Horizontal Analysis
Hero Motor Corp
Particulars

Comparative Balance Sheets

March 31st 2011-12
Increase

(Decrease)

2012

2011

Amount (Crores)

Cash and Equipments

76.82

71.52

5.30

7.41

Trade Receivable

272.31

130.59

141.72

108.52

Inventory

675.57

524.93

150.64

28.69

Current Investments

3290.30

4663.29

(1372.99)

(29.44)

Advances

475.60

344.72

130.88

37.96

Other Current Assets

40.36

36.79

3.57

9.70

Tangible Assets

1743.14

1612.53

130.61

8.09

Intangible Assets

2042.37

2467.75

(425.38)

(17.23)

Capital WIP

38.84

49.96

(11.12)

(22.25)

Long Term Investment

673.96

465.46

208.50

44.79

Long Term Advances

533.64

342.29

191.35

55.90

Current Assets

Fixed Assets

Hero Motor Corp

Comparative Income Statements
For the years ended 31st March 2011-12
Increase

(Decrease)

Particulars

2012

2011

Amount
(Crores)

Net Sales

23579.03

19397.93

4181.10

21.55

364.57

289.62

74.95

25.87

23943.60

19687.55

4256.05

21.61

Total Expenses

21078.89

17202.95

3875.94

22.53

Profit Before
Exceptional Items

2864.71

2484.60

380.11

15.29

79.84

2404.76

459.95

19.12

Other Income
Total Revenue (1+2)
Less:-

Exceptional Items
Profit Before Tax
Less Tax Expenses:-

2864.71

Hero Motor Corp

Comparative Income Statements
For the years ended 31st March 2011-12
Increase
(Decrease)
For the years ended 31st March
2011-2012

Particulars

2012

2011

Amount
(Crores)

Net Sales

23579.03

19397.93

4181.10

21.55

364.57

289.62

74.95

25.87

23943.60

19687.55

4256.05

21.61

21078.89

17202.95

3875.94

22.53

Other Income
Total Revenue (1+2)
Less:Total Expenses

Increased
(21.55%)
and also the
2864.71
2484.60
380.11
Profit BeforeSales
Exceptional
Items
Net Profit (23.45%) Increased more then
Exceptional Items
the Net
Profit Before Tax
Less Tax Expenses:-

Sales.
2864.71

15.29

79.84

2404.76

459.95

19.12

Horizontal Analysis
Hero Motor Corp
Comparative Income Statements
For the years ended 31st March 2011-12
Increase

(Decrease)

Particulars

2012

2011

Amount
(Crores)

Net Sales

23579.03

19397.93

4181.10

21.55

364.57

289.62

74.95

25.87

23943.60

19687.55

4256.05

21.61

3875.94

22.53

380.11

15.29

79.84

2404.76

459.95

19.12

Other Income
Total Revenue (1+2)
Less:-

There Were increased the Net

Total Expenses
17202.95
Sales(21.55%),21078.89
Total Revenue
Profit Before
Exceptional
2864.71
2484.60
(21.61%)
and also
the Net
Profit
Items (23.32%) in the Year 2012.
Exceptional Items
Profit Before Tax
Less Tax Expenses:-

2864.71

Common Size Statement

Hero Motor Corp
Comparative Income Statements
For the years ended 31st March 2011-12
Common Size percentages
Particulars

2012

2011

2012

2011

Net Sales

23579.03

19397.93

100.00

100.00

364.57

289.62

23943.60

19687.55

Other Income
Total Revenue (1+2)
Less:Total Expenses

21078.89

17202.95

Profit Before Exceptional

Items

2864.71

2484.60

Exceptional Items
Profit Before Tax

79.84
2864.71

2404.76

Net Sales is
usually
Based and is
Expressed as
100%

Common Size Statement

Hero Motor Corp
Comparative Income Statements
For the years ended 31st March 2011-12
Common Size percentages
Particulars

2012

2011

2012

2011

Net Sales

23579.03

19397.93

100.00

100.00

364.57

289.62

23943.60

19687.55

Other Income
Total Revenue (1+2)
Less:-

2012
Net
Total
Expenses

Profit 21078.89
2012 Net
sales
100 %
17202.95
Profit
Exceptional Rs.23579.03)
2864.71
2484.60 100%
(Rs.Before
2378.13
10.08%
Items
Exceptional Items
Profit Before Tax

2011
Less Tax Expenses: Current Tax

79.84
2864.71

2404.76

Net Profit
2011 Net sales
100 %
(Rs. 1927.90
Rs.475.76
19397.93) 100%
09.93
569.76