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  • Kamel Genuine Parts Company

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    Shamsher Ali Khan
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    This document contains the balance sheet and income statement for Kamel Genuine Parts Company for 2017 and 2016. The balance sheet shows total assets of $550.2 million in 2017, with non-current assets of $306.9 million including property, plant and equipment of $219.6 million. Total liabilities were $550.2 million, including long term financing of $11.6 million and current liabilities of $75.9 million. The income statement shows net sales of $368.9 million and net income of $96.6 million for 2017.

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    April 4

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    This document contains the balance sheet and income statement for Kamel Genuine Parts Company for 2017 and 2016. The balance sheet shows total assets of $550.2 million in 2017, with non-current assets of $306.9 million including property, plant and equipment of $219.6 million. Total liabilities were $550.2 million, including long term financing of $11.6 million and current liabilities of $75.9 million. The income statement shows net sales of $368.9 million and net income of $96.6 million for 2017.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    24 views4 pages

    Kamel Genuine Parts Company

    Uploaded by

    Shamsher Ali Khan
    This document contains the balance sheet and income statement for Kamel Genuine Parts Company for 2017 and 2016. The balance sheet shows total assets of $550.2 million in 2017, with non-current assets of $306.9 million including property, plant and equipment of $219.6 million. Total liabilities were $550.2 million, including long term financing of $11.6 million and current liabilities of $75.9 million. The income statement shows net sales of $368.9 million and net income of $96.6 million for 2017.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 4

    KAMEL GENUINE PARTS COMPANY

    Balance sheet
    2017 2016
    EQUITY AND LIABILITIES
    Authorized share capital 81,743,869 81,743,869
    Issued, subscribed and paid-up capital 42,100,460 42,100,460
    Reserves 3,284,236 3,285,168
    Accumulated profits 371,679,543 329,821,182
    417,064,240 375,206,810
    Non-current liabilities
    Long term financing - secured 11,616,234 19,360,390
    Long term deposits 55,480 55,480
    Deferred liabilities
    deferred taxation 45,238,728 43,320,094
    compensated absences 371,033 295,890
    57,281,474 63,031,853
    Current liabilities
    Current portion of long term financing 7,744,156 7,744,156
    Trade and other payables 60,345,623 64,473,525
    Short term borrowings - secured 5,449,591 16,294,278
    Provision for taxation - net 2,138,168 -
    Mark-up accrued on borrowings 172,681 364,975
    75,850,220 88,876,934
    Total Liabilities 550,195,934 527,115,597
    ASSETS
    Non current assets
    Property, plant and equipment 219,631,736 214,489,263
    Intangibles 401,678 16,179
    Long term loans and advances 1,085 3,759
    Long term deposits 3,414,895 2,677,565
    Investment property 83,455,695 58,746,918
    306,905,089 275,933,684
    Current assets
    Stores, spares and loose tools 36,326,337 39,581,723
    Stock in trade 25,862,187 17,136,413
    Trade debts - unsecured, considered good 9,367,193 7,052,060
    Short term investments 142,210,172 151,601,537
    Advances, deposits, prepayments and other receivables 16,019,273 18,906,031
    Advance tax-net - 3,998,566
    Cash and bank balances 13,505,683 12,905,583
    243,290,845 251,181,913
    Total Asset 550,195,934 527,115,597

    Income Statement
    2017
    Sales - net 368,945,629
    Cost of goods sold (210,161,762)
    Gross profit 158,783,867
    -
    Selling and distribution expenses (3,533,137)
    Administrative and general expenses (4,441,668)
    Other operating income 10,711,291
    Other operating expenses (11,114,737)
    (8,378,251)
    Operating profit 150,405,616
    -
    Finance cost (2,315,033)
    Profit before taxation 148,090,583
    Taxation (51,501,622)
    Profit after taxation 96,588,960
    Earnings per share - basic and diluted 1
    -
    Other comprehensive income -
    Items that are or may be reclassified to profit and loss account: -
    Available-for-sale financial assets -
    net changes in fair value (932)
    reclassified to profit and loss account -
    (932)
    -
    Total comprehensive income for the year 96,588,029
    85
    price per share 201
    shares outstanding
    Ratio calculation
    total asset turnover 0.6705713485
    NWC 167,440,625
    NWC turnover 2.2034415447
    fixed assets turnover 1.2021489464
    Profitibality measures
    profit margin 0.2617972752
    ROA 0.1755537519
    ROE 0.2315925251
    EPS 1.18159355
    P/E ratio 71.94
    liquidiy ratios
    current ratio 3.20751667
    quick ratio (1.10)
    cash ratio 0.178057269
    NWC to total assets 0.3043290847
    long term leveage
    total debt ratio 0.24
    debt to equity 1.3192114815
    equity multiplier 1.3192114815
    long term debt ratio 0.12
    coverage ratios
    times interest earned -64.9690911058
    cash coverage 150,405,611.64
    Inventory ratios
    inventory turnover -2.5182435174
    du pont identity
    ROE under dupont identity 0.2315925251
    KAMEL GENUINE PARTS COMPANY

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