fs mas beybeh!

7/28/2019 Fs Mas Beybeh!

1/15

2010 2011

ASSETS

Current Assets

Cash 8,817,640.00 8,685,614.00Accounts Receivable - -

Trade and other receivables 924,626.00 475,945.00

Inventories 839,456.00 958,114.00

Prepaid Expenses - -

Other Current Asset 645,182.00 576,679.00

Total Current Assets 11,226,904.00 10,696,352.00

Noncurrent Assets

Property and equipment - net 5,455,880.00 3,692,006.00

Other Assets 1,180,622.00 1,007,841.00

Total Noncurrent Assets 6,636,502.00 4,699,847.00

TOTAL ASSETS 17,863,406.00 15,396,199.00

LIABILITIES AND EQUITY

Current Liabilities

Accounts Payable and Accrued expenses - -

Trade and Other payables 8,570,747.00 4,849,037.00

Income Tax Payable 278,641.00 286,459.00

Total Current Liabilities 8,849,388.00 5,135,496.00

Noncurrent Liabilities

Advances from stockholders 7,100,000.00 7,100,000.00

Total Noncurrent Liabilities 7,100,000.00 7,100,000.00

Total Liabilities 15,949,388.00 12,235,496.00

Equity

Capital Stock - Paid-up Capital - -

Retained Earnings - -

Share Capital 1,062,500.00 1,062,500.00

Cumulative income 851,518.00 2,098,204.00

Total Stockholder's Capital 1,914,018.00 3,160,704.00

TOTAL LIABILITIES AND EQUITY 17,863,406.00 15,396,200.00

HORIZONTAL ANALYSIS20


2/15

Change in AmountPercentage

Change2009 2010

(132,026.00) -1.50% 6,888,741.00 8,817,640.00- 0.00% - -

(448,681.00) -48.53% 900,589.00 924,626.00

118,658.00 14.14% 683,439.00 839,456.00

- 0.00% - -

(68,503.00) -10.62% 1,436,432.00 645,182.00

(530,552.00) -4.73% 9,909,201.00 11,226,904.00

(1,763,874.00) -32.33% 6,417,865.00 5,455,880.00

(172,781.00) -14.63% 613,226.00 1,180,622.00

(1,936,655.00) -29.18% 7,031,091.00 6,636,502.00

(2,467,207.00) -13.81% 16,940,292.00 17,863,406.00

- 0.00% - -

(3,721,710.00) -43.42% 9,124,490.00 8,570,747.00

7,818.00 2.81% 324,574.00 278,641.00

(3,713,892.00) -41.97% 9,449,064.00 8,849,388.00

- 0.00% 7,100,000.00 7,100,000.00

- 0.00% 7,100,000.00 7,100,000.00

(3,713,892.00) -23.29% 16,549,064.00 15,949,388.00

- 0.00% - -

- 0.00% - -

- 0.00% 1,062,500.00 1,062,500.00

1,246,686.00 146.41% (671,273.00) 851,518.00

1,246,686.00 65.13% 391,227.00 1,914,018.00

(2,467,206.00) -13.81% 16,940,291.00 17,863,406.00

2011


3/15


Change2008 2009

1,928,899.00 28.00% 5,716,297.00 6,888,741.00- 0.00% 848,531.00 -

24,037.00 2.67% - 900,589.00

156,017.00 22.83% 632,504.00 683,439.00

- 0.00% 824,813.00 -

(791,250.00) -55.08% - 1,436,432.00

1,317,703.00 13.30% 8,022,145.00 9,909,201.00

(961,985.00) -14.99% 1,256,207.00 6,417,865.00

567,396.00 92.53% 613,226.00 613,226.00

(394,589.00) -5.61% 1,869,433.00 7,031,091.00

923,114.00 5.45% 9,891,578.00 16,940,292.00

- 0.00% 11,167,298.00 -

(553,743.00) -6.07% - 9,124,490.00

(45,933.00) -14.15% - 324,574.00

(599,676.00) -6.35% 11,167,298.00 9,449,064.00

- 0.00% - 7,100,000.00

- 0.00% - 7,100,000.00

(599,676.00) -3.62% 11,167,298.00 16,549,064.00

- 0.00% 1,062,500.00 -

- 0.00% (2,338,219.00) -

- 0.00% - 1,062,500.00

1,522,791.00 -226.85% - (671,273.00)

1,522,791.00 389.23% (1,275,719.00) 391,227.00

923,115.00 5.45% 9,891,579.00 16,940,291.00

2010


4/15


Change2007 2008

1,172,444.00 20.51% 6,231,927.00 5,716,297.00(848,531.00) -100.00% 995,422.00 848,531.00

900,589.00 0.00% - -

50,935.00 8.05% 407,848.00 632,504.00

(824,813.00) -100.00% 594,753.00 824,813.00

1,436,432.00 0.00% - -

1,887,056.00 23.52% 8,229,950.00 8,022,145.00

5,161,658.00 410.89% 945,791.00 1,256,207.00

- 0.00% 615,349.00 613,226.00

5,161,658.00 276.11% 1,561,140.00 1,869,433.00

7,048,714.00 71.26% 9,791,090.00 9,891,578.00

(11,167,298.00) -100.00% 11,878,774.00 11,167,298.00

9,124,490.00 0.00% - -

324,574.00 0.00% - -

(1,718,234.00) -15.39% 11,878,774.00 11,167,298.00

7,100,000.00 0.00% - -

7,100,000.00 0.00% - -

5,381,766.00 48.19% 11,878,774.00 11,167,298.00

(1,062,500.00) -100.00% 1,062,500.00 1,062,500.00

2,338,219.00 -100.00% (3,150,184.00) (2,338,219.00)

1,062,500.00 0.00% - -

(671,273.00) 0.00% - -

1,666,946.00 -130.67% (2,087,684.00) (1,275,719.00)

7,048,712.00 71.26% 9,791,090.00 9,891,579.00

2009


5/15


Change

(515,630.00) -8.27%(146,891.00) -14.76%

- 0.00%

224,656.00 55.08%

230,060.00 38.68%

- 0.00%

(207,805.00) -2.52%

310,416.00 32.82%

(2,123.00) -0.35%

308,293.00 19.75%

100,488.00 1.03%

(711,476.00) -5.99%

- 0.00%

- 0.00%

(711,476.00) -5.99%

- 0.00%

- 0.00%

(711,476.00) -5.99%

- 0.00%

811,965.00 -25.78%

- 0.00%

- 0.00%

811,965.00 -38.89%

100,489.00 1.03%

08


6/15

2010 2011

REVENUES

Net Sales 89,839,116.00 90,736,025.00

Cost of Sales and Direct Costs 81,009,484.00 81,454,765.00

Gross Profit 8,829,632.00 9,281,260.00

Other income 136,607.00 130,696.00

Interest income 39,246.00 55,846.00

Total Income 9,005,485.00 9,467,802.00

EXPENSES

Administrative and Operating Expenses 6,846,887.00 7,368,469.00

Income before Income Tax 2,158,598.00 2,099,333.00

Income Tax 635,806.00 852,648.00

Net Income (Loss) 1,522,792.00 1,246,685.00

20Horizontal Analysis


7/15


Change2009 2010

896,909.00 1.00% 82,343,860.00 89,839,116.00

445,281.00 0.55% 74,118,641.00 81,009,484.00

451,628.00 5.11% 8,225,219.00 8,829,632.00

(5,911.00) -4.33% 141,573.00 136,607.00

16,600.00 42.30% 40,234.00 39,246.00

462,317.00 5.13% 8,407,026.00 9,005,485.00

521,582.00 7.62% 6,042,918.00 6,846,887.00

(59,265.00) -2.75% 2,364,108.00 2,158,598.00

216,842.00 34.11% 697,162.00 635,805.00

(276,107.00) -18.13% 1,666,946.00 1,522,793.00

11 20


8/15


Change2008 2009

7,495,256.00 9.10% 76,914,461.00 82,343,860.00

6,890,843.00 9.30% 68,961,599.00 74,118,641.00

604,413.00 7.35% 7,952,862.00 8,225,219.00

(4,966.00) -3.51% 128,763.00 141,573.00

(988.00) -2.46% 35,451.00 40,234.00

598,459.00 7.12% 8,117,076.00 8,407,026.00

803,969.00 13.30% 6,886,988.00 6,042,918.00

(205,510.00) -8.69% 1,230,088.00 2,364,108.00

(61,357.00) -8.80% 418,123.00 697,162.00

(144,153.00) -8.65% 811,965.00 1,666,946.00

10 20


9/15


Change2007 2008

5,429,399.00 7.06% 68,355,041.00 76,914,461.00

5,157,042.00 7.48% 61,095,167.00 68,961,599.00

272,357.00 3.42% 7,259,874.00 7,952,862.00

12,810.00 9.95% 140,755.00 128,763.00

4,783.00 13.49% 20,641.00 35,451.00

289,950.00 3.57% 7,421,270.00 8,117,076.00

(844,070.00) -12.26% 6,852,429.00 6,886,988.00

1,134,020.00 92.19% 568,841.00 1,230,088.00

279,039.00 66.74% 191,870.00 418,123.00

854,981.00 105.30% 376,971.00 811,965.00

09 20


10/15


Change

8,559,420.00 12.52%

7,866,432.00 12.88%

692,988.00 9.55%

(11,992.00) -8.52%

14,810.00 71.75%

695,806.00 9.38%

34,559.00 0.50%

661,247.00 116.24%

226,253.00 117.92%

434,994.00 115.39%

08


11/15

2010

CASH FLOWS FROM OPERATING ACTIVITIES

Net Income (Loss) 2,158,598.00

Adjustments for:Depreciation and Amortization 1,876,235.00

Interest Income (39,246.00)

Operating Income (loss) before working capital changes 3,995,587.00

Decrease (Increase) in:

Receivables (24,036.00)

Inventories (156,017.00)

Prepaid Expenses 791,250.00

Increase (Decrease)

Trade and other payables (553,743.00)

Income tax payable (45,933.00)

Accounts payable and accrued expenses -

Cash generated from (used for) operations 4,007,108.00

Income tax paid 635,806.00

Interest income 39,246.00

Net cash provided by (used in) operating activities 3,410,548.00

CASH FLOWS FROM INVESTING ACTIVITIESAdditions to Property and Equipment 914,250.00

Increase in Other Assets 567,398.00

Net cash used in investing activities 1,481,648.00

CASH FLOWS FROM FINANCING ACTIVITIES

Advances from stockholders -

Net cash provided by (used) in financing activities -

NET INCREASE (DECREASE) IN CASH 1,928,900.00

CASH AT BEGINNING OF YEAR 6,888,741.00

CASH AT END OF YEAR 8,817,641.00

HORIZONTAL ANALYSIS


12/15

2011 Change in AmountPercentage

Change2009

2,099,333.00 (59,265.00) -2.75% 2,364,108.00

1,937,392.00 61,157.00 3.26% 1,701,395.00

(55,846.00) (16,600.00) 42.30% (40,234.00)

3,980,879.00 (14,708.00) -0.37% 4,025,269.00

448,681.00 472,717.00 -1966.70% (52,058.00)

(118,658.00) 37,359.00 -23.95% (50,935.00)

68,503.00 (722,747.00) -91.34% (611,619.00)

(3,721,710.00) (3,167,967.00) 572.10% (1,835,714.00)

7,818.00 53,751.00 -117.02% 117,481.00

- - 0.00% -

665,513.00 (3,341,595.00) -83.39% 1,592,424.00

852,648.00 216,842.00 34.11% 697,162.00

55,846.00 16,600.00 42.30% 40,234.00

(131,289.00) (3,541,837.00) -103.85% 935,496.00

173,518.00 (740,732.00) -81.02% 6,863,054.00

(172,781.00) (740,179.00) -130.45% -

737.00 (1,480,911.00) -99.95% 6,863,054.00

- - 0.00% 7,100,000.00

- - 0.00% 7,100,000.00

(132,026.00) (2,060,926.00) -106.84% 1,172,442.00

8,817,641.00 1,928,900.00 28.00% 5,716,299.00

8,685,615.00 (132,026.00) -1.50% 6,888,741.00

2011


13/15


Change2008

2,158,598.00 (205,510.00) -8.69% 811,965.00

1,876,235.00 174,840.00 10.28% 546,371.00

(39,246.00) 988.00 -2.46% -

3,995,587.00 (29,682.00) -0.74% 1,358,336.00

(24,036.00) 28,022.00 -53.83% 146,891.00

(156,017.00) (105,082.00) 206.31% (224,656.00)

791,250.00 1,402,869.00 -229.37% (230,060.00)

(553,743.00) 1,281,971.00 -69.84% -

(45,933.00) (163,414.00) -139.10% -

- - 0.00% (711,476.00)

4,007,108.00 2,414,684.00 151.64% 339,035.00

635,806.00 (61,356.00) -8.80% -

39,246.00 (988.00) -2.46% -

3,410,548.00 2,475,052.00 264.57% 339,035.00

914,250.00 (5,948,804.00) -86.68% 856,786.00

567,398.00 567,398.00 0.00% (2,123.00)

1,481,648.00 (5,381,406.00) -78.41% 854,663.00

- (7,100,000.00) -100.00% -

- (7,100,000.00) -100.00% -

1,928,900.00 756,458.00 64.52% (515,628.00)

6,888,741.00 1,172,442.00 20.51% 6,231,927.00

8,817,641.00 1,928,900.00 28.00% 5,716,299.00

2010


14/15


Change2007

2,364,108.00 1,552,143.00 191.16% 376,971.00

1,701,395.00 1,155,024.00 211.40% 1,031,760.00

(40,234.00) (40,234.00) 0.00% (20,641.00)

4,025,269.00 2,666,933.00 196.34% 1,388,090.00

(52,058.00) (198,949.00) -135.44% (571,926.00)

(50,935.00) 173,721.00 -77.33% 195,900.00

(611,619.00) (381,559.00) 165.85% (181,810.00)

(1,835,714.00) (1,835,714.00) 0.00% -

117,481.00 117,481.00 0.00% -

- 711,476.00 -100.00% 3,305,636.00

1,592,424.00 1,253,389.00 369.69% 4,135,890.00

697,162.00 697,162.00 0.00% -

40,234.00 40,234.00 0.00% 20,641.00

935,496.00 596,461.00 175.93% 4,156,531.00

6,863,054.00 6,006,268.00 701.02% 875,213.00

- 2,123.00 -100.00% (5,562.00)

6,863,054.00 6,008,391.00 703.01% 869,651.00

7,100,000.00 7,100,000.00 0.00% -

7,100,000.00 7,100,000.00 0.00% -

1,172,442.00 1,688,070.00 -327.38% 3,286,880.00

5,716,299.00 (515,628.00) -8.27% 2,945,047.00

6,888,741.00 1,172,442.00 20.51% 6,231,927.00

2009


15/15


Change

811,965.00 434,994.00 115.39%

546,371.00 (485,389.00) -47.04%

- 20,641.00 -100.00%

1,358,336.00 (29,754.00) -2.14%

146,891.00 718,817.00 -125.68%

(224,656.00) (420,556.00) -214.68%

(230,060.00) (48,250.00) 26.54%

- - 0.00%

- - 0.00%

(711,476.00) (4,017,112.00) -121.52%

339,035.00 (3,796,855.00) -91.80%

- - 0.00%

- (20,641.00) -100.00%

339,035.00 (3,817,496.00) -91.84%

856,786.00 (18,427.00) -2.11%

(2,123.00) 3,439.00 -61.83%

854,663.00 (14,988.00) -1.72%

- - 0.00%

- - 0.00%

(515,628.00) (3,802,508.00) -115.69%

6,231,927.00 3,286,880.00 111.61%

5,716,299.00 (515,628.00) -8.27%

2008

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