Beruflich Dokumente
Kultur Dokumente
Mr. Hamza
Mukhtar
Presented By:
Mubashar Sharif
Umer Shahzad
Maple Leaf Cement
Factory Limited
Company Introduction
Came into being on 1st July 1992
MLCF
PCGL
MLCFL
Financial Statements Analysis
Analysis could be performed in three ways,
Economic Analysis
Industry Analysis
Firm Analysis
1.Economic Analysis
Economic indicators:
GDP growth
Inflation
Per Capita Income ($1085,Rs.7142)
Real GDP Growth
The real GDP growth in financial year 2008 is found to be 5.8
percent that was expected at 7.2 percent.
This deficiency is due to:
Unexpected weakness in commodity producing sectors,
Imports $2.72 bn
Inflation
The inflation rate in the economy in financial
year 2008 is 10.5 percent that is very high as
compared to the last year 7.8 percent.
Low Demand
products.
High international commodity prices
metal, copper,etc.)
Oil prices changes
Inflationary pressures
INFLATION RATE
20
15
2005-06H
10 2006-07H
2007-08H
5
0
CPI Food Group Non Food
Group
Industry
Analysis
Learning Objective in Industry
Analysis
To determine the opportunities and threats that
exists for firms within a competitive
environment.
When analyzing an industry, taking all factors
into account, should we as a corporation, enter
this industry? The end result will be an
understanding of what it takes to compete
successfully.
Forces
Suppliers
Buyers
Substitute Products
Obstacles of Growth of Local
industry
raw material
20%
salaries
40%
depreciation
11%
other overhead
6%
10%
3% 10% admin and
selling
finacial charges
Firm
Analysis
Maple Leaf Cement
Factory Limited
Mission Statement
3000000 Export
4000000
2000000 Local
2000000
1000000
0
2008 2007 2006
0
2008 2007
Years
Liquidity Ratios
CURRENT RATIO
1.50
1.00
TIMES
Series1
0.50
-
2004 2005 2006 2007 2008
YEARS
Profitability Ratios
Ratios 2008 2007 2006
1,200,000
900,000
600,000
300,000
Series 1
-
(600,000)
(900,000)
0
700000
1400000
2100000
2800000
3500000
4200000
Fuel &power
Raw
&packing
Material
Salaries
Depreciation
&
Amortization
Admin &
Selling
Production cost (2007& 2008)
Financial
charges
2008
2007
Asset Management Ratios
Ratios 2008 2007 2006
Asset management
70.00
60.00 Days sales
50.00 outstanding
40.00 Inventory Turnover in
times
30.00 Days
20.00 operating cycle(days)
10.00
-
2008 2007 2006 2005
ye ars
Debt Management Ratios
Debt Management
7.00
6.00
5.00
Debt To Asset
4.00
Debt To Equity
3.00
Time interst earned
2.00
1.00
-
2005 2006 2007 2008
years
BALANCE SHEET
Rupees in “000”
Non Current Assets 2008 2007 2006
Investments - - 368,881
Taxation
Current: 44,815 (94,77) (28,536)
Deferred: (732,924) (172,589) (547,038)
Taxation
Current: 0.57% 0.26% 0.50%
Deferred: 9.38% 4.655 9.58%
Taxation
Current: -157.05% 33.21% 100%
Deferred: 133.98% 31.55% 100%