FINANCIAL ACCOUNTING FINAL PROJECT

1. 

2. 
FINANCIAL ACCOUNTING
SIR:ARSALAN HASHMI
FINAL PROJECT PRESENTATION
COMPANY
“PAK SUZUKI MOTOR COMPANY
PRIVATE LIMITED (PSMCL)”

3. 
 MUHAMMAD AHSEN ANSARI 62239
 SYED WAJAHAT AHMED ZAIDI 62032
GROUP MEMBERS

4. 
 Pak Suzuki Motor Company Limited was formed as a joint venture
between Pakistan Automobile Corporation and Suzuki Motor
Corporation (SMC) - Japan. The Company was incorporated as a
public limited company in August 1983 and started commercial
operations in January 1984. The initial share holding of SMC was
12.5% which was gradually increased to 73.09%.
Pak Suzuki is pioneer in Automobile Business having the most
modern and the largest manufacturing facilities in Pakistan with an
Annual production capacity of 150,000 vehicles. The vehicles
produced include cars, small vans, Pickups, Cargo vans and
Motorcycle. Pak Suzuki holds more than 50% Market Share.
Pak Suzuki has the largest Dealers network offering 3S (Sales,
Service and Spare Parts) facilities across Pakistan.
BRIEF HISTORY OF PAK
SUZUKI

5. 
VISION:
To be Excellence All Around.
MISSION:
 Strive to market value packed products that meet customers’
expectations.
 Provide a platform where our stakeholders passionately
contribute, invest and excel.
 Make valuable contribution to Social development of Pakistan
VISION AND MISSION
OF PAK SUZUKI

6. 
(2010)
 Vendor’s Excellence Award.
(2011)
 Vendor’s Excellence Award.
(2012)
 Vendor’s Appreciation Award.
(2013)
 Vendor’s Appreciation Award.
 Best VA / VE Award.
ALL WINNING AWARDS
OF PAK SUZUKI
(2010-2015)

7. 
(2013)
 Vendor’s Appreciation Award.
 Best VA / VE Award.
(2014)
 Special Appreciation Award SCM.
 Yield Improvement Award.

8. 
SYMBOL COMPANY FACE YEAR OS.SHARE REGISTRAR
NAME VALUE END
PSMC Pak Suzuki Motor 10 DEC 82,299,851 Central Depository
Company Ltd. Company Ltd.
Pak Suzuki Motor Company Limited (PSMCL) was incorporated as a public limited in
August 1983.
LISTING ON STOCK
EXCHANGE

9. 
Size of Holding No. of No. of
Rs. 10 Shares Shareholders Shares
1 100 3,642 70,573
101 500 1,015 292,985
501 1000 488 381,954
1001 5000 440 971,651
5001 10001 79 614,738
10001 15000 22 265,566
15001 20000 13 230,393
20001 30000 8 186,577
30001 35000 12 332,451
35001 40000 6 193,221
PATTERN OF SHARE
HOLDING

10. 
 Earnings per share (EPS) is the portion of a company
profit allocated to each outstanding share of common
stock. Earnings per share serves as an indicator of a
company profitability
IMPORTANT OF EPS
Earning per share is a very important figure. It reveals a lot
about the financial health of a company. Increasing EPS is
a very good sign for a particular company. Moreover, it
can come handy while choosing stocks from a bunch of
stocks.
EARNING PER SHARE
(EPS)

11. 
 Earnings per share (EPS) and diluted EPS are profitability
measures used in fundamental analysis of companies.
EPS only takes into account a company common shares,
whereas diluted EPS take into account all convertible
securities.EPS measures the amount of a company profit
on a per share basis
Unlike diluted EPS, basic EPS does not
take into account any dilutive effects that convertible
securities have on its EPS. The formula to calculate a
company basic EPS is its net income less any preferred
dividends divided by the weighted average number of
common shares outstanding.
DIFFERENCE BETWEEN
BASIC AND DIAUTED
(EPS)

12. 
2010 : 2.56
2011 : 9.65
2012 :11.88
2013 :22.47
2014 : 23.35
2015 : 70.99
Earnings per share - basic and
diluted

13. 
2010 : 14,497,915
2011 : 15,293,032
2012 : 15,800,884
2013 : 2,033,542
2014 : 1,920,723
2015 : 24,679,238
Comprehensive Income for each
year

14. 
Years OPERATING
ACTIVITIES
INVESTING
ACTIVITIES
FINANCIAL
ACTIVITIES
2010 165,729 421,646 2,917,186
2011 1,296,887 439,469 1,139,480
2012 701,849 259,751 1,417,430
2013 1,296,887 439,469 1,139,480
2014 983,845 779,523 1,841,384
2015 13,535,491 39,149 15,006,007
Cash flows

15. 
Year Amount
2010 14,497,915
2011 15,293,032
2012 15,800,884
2013 23,811,277
2014 28,354,159
2015 37,451,987
CAPITAL RESERVE

16. 
REVENUE RESERVES
Year Amount
2010 13,459,414
2011 13,732,930
2012 14,015,364
2013 14,969,549
2014 16,488,378
2015 18,009,762

17. 
2010= 13,674,916
2011= 14,470,033
2012= 14,977,885
2013= 16,822,159
2014= 18,413,683
2015= 23,856,239
ISSUED, SUBSCRIBED AND
PAID-UP SHARE CAPITAL :

18. 
QUALIFIED OPINION:
A qualified opinion report can result from a limitation on the
scope of the audit or failure to follow generally accepted
accounting principles.
UNQUALIFIED OPINION:
An unqualified opinion is an independent auditor's
judgment that a company's financial records and
statements are fairly and appropriately presented, and in
accordance with Generally Accepted Accounting
Principles (GAAP). An unqualified opinion is the most
common type of auditor's report.
TYPES OF AUDITOR
REPORT

19. 
ADVERSE OPINION:
It is used only when the auditor believes that the
overall financial statements are so materially
misstated or misleading that they do not present
fairly the financial position or results of operations
and cash flows in conformity with GAAP.
DISCLAIMER OPINION:
It is issued when the auditor is unable to be satisfied
that the overall financial statements are fairly
presented.
TYPES OF AUDITOR
REPORT

20. 
2010-15
The Board Of Directors

21. 
2010 2011 2012 2013 2014 2015
Chairman:
Hirofumi
Nagao
Chairman:
Hirofumi
Nagao
Chairman:
Hirofumi
Nagao
Chairman:
Hirofumi
Nagao
Chairman:
Hirofumi
Nagao
Chairman:
Hirofumi
Nagao
CEO:
Mr. Osamu
Suzuki
CEO:
Mr. Osamu
Suzuki
CEO:
Mr. Osamu
Suzuki
CEO:
Mr. Osamu
Suzuki
CEO:
Mr. Osamu
Suzuki
CEO:
Mr. Osamu
Suzuki
Company
Secretary:
Abdul
Hamid
Bhombal
Company
Secretary:
Abdul
Hamid
Bhombal
Company
Secretary:
Abdul
Hamid
Bhombal
Company
Secretary:
Abdul
Nasir
Company
Secretary:
Mr. Abdul
Hamid
Bhombal
Company
Secretary:
Abdul
Nasir

22. 
2010-15
Category Names
Independent Directors Mr. Wazir Ali Khoja
Executive Directors Mr. Hirofumi Nagao
Mr. Satoshi Ina
Mr. Hidekazu Terada
Mr. Jamil Ahmed
Mr. Mumtaz Ahmed Sheikh
Non-Executive Directors Mr. Kenichi Ayukawa

23. 
2010-15
Audit Committee Member
Name Category
Hidekazu Terada Chairman
Kenichi Ayukawa Member
Wazir Ali Khoja Member
Obaid Rashid Zuberi Secretary

24. 
2010-15
Other Committee Member
Name Category
Wazir Ali Khoja Chairman
Hirofumi Nagao Member
Satoshi Ina Member
Abdul Hamid Bhombal Secretary

25. 
Auditors:
Ernst & Young Ford Rhodes Sidat Hyder Chartered
Accountants
Registrar:
FAMCO Associates (Pvt) Limited State Life Building, 1-A
Ground Floor, I.I. Chundrigar Road, Karachi.

26. 
Bankers:
 Bank Alfalah Ltd.
 Bank Al Habib Ltd.
 Citibank N.A.
 Faysal Bank Ltd.
 Habib Bank Ltd.
 Habib Metropoliton Bank Limited
 MCB Bank Ltd.
 National Bank of Pakistan
 Standard Chartered Bank (Pakistan) Ltd.
 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
 The Hongkong and Shanghai
 Banking Corp. Ltd
 Bank of Punjab.
 Summit Bank

27. 
Corporate Social Responsibility (CSR) Pak Suzuki being
responsible corporate citizen is committed to well-being
of the society through its contribution in the field of
education, health, environment as a whole to improve
quality of life of underprivileged people. Under CSR,
we are working for the social and economic
development of the communities in which we operate
with special emphasis on Health and Education
promotion.
COMMUNITY HEALTH:
Blood Donation Camps
CORPORATE SOCIAL
RESPONSIBILITY

28. 
EDUCATION:
Scholarship for NED students
Higher Secondary Certificate Scholarship
Construction and Renovation of Government
Schools, Pipri
Computer Literacy Program
ENVIRONMENT:
Donation for Flood Victims
Beach Cleaning Campaign
Health, Safety & Environment (HSE) Awareness
Session

29. 
FINANCIAL RATIOS
YEA
RS
CURR
ENT
RATI
O
QUIC
K
RATI
O
DEBT
TO
EQUIT
Y
PRICE
EARNI
NG
DIVIDE
NT
PAY
OUT
BREA
K UP
VALU
E
INVEN
TORY
RATIO
RETU
RN
ON
EQUI
TY
RETU
RN
ON
ASSE
TS
2010 3.01 1.36 _ 2.6 19 176.16 4.8 _ _
2011 2.30 0.71 _ 9.7 21 186.54 3.9 _ _
2012 3.08 1.16 _ 11.9 21 192.19 5.3 _ _
2013 2.98 1.23 _ 22.5 18 214.40 4.5 _ _
2014 2.53 0.88 _ 23.4 21 233.74 3.3 _ _

30. 