Uzabase, Inc. reported significant increases in net sales, operating income, ordinary income, and profit for the fiscal year ended December 31, 2017 compared to the previous year. Net sales increased 48.2% while operating income rose 117.5%. Earnings per share increased from 10.03 yen to 15.13 yen. For the fiscal year ending December 31, 2018, the company forecasts further increases in net sales, operating income, and earnings per share.
This document is a balance sheet and profit and loss statement for Hindustan Unilever Limited as of March 31, 2013. The balance sheet shows total assets of Rs. 11,512.47 crores consisting of non-current assets such as tangible assets, investments, and advances, and current assets such as inventory, cash, and investments. Total equity and liabilities include shareholders' funds, non-current liabilities, and current liabilities amounting to the same total. The profit and loss statement shows a net profit of Rs. 3,796.67 crores for the year on total revenue of Rs. 26,417.11 crores.
The document discusses the basis period concept in company taxation. It begins by explaining Malaysia's migration from an imputation system to a single-tier system of taxation effective from 2008.
It then defines the key concepts of basis period, which is the period relative to a year of assessment used to determine a company's taxable income. It discusses how basis periods are determined based on accounting periods and dates, and the rules around commencement of business and changes in accounting dates. Specifically, it addresses scenarios where the normal or new accounting period ends on December 31st versus other dates, and periods that are less than or more than 12 months.
Basis period and changes in accounting datessakura rena
The document discusses basis period and changes in accounting dates for different types of entities. For sole proprietorships, partnerships, clubs, and trade associations, the basis period is the calendar year. For companies, trusts, and cooperatives, the basis period is generally the accounting period. However, there are special rules for determining the basis period upon commencement of business or a change in accounting period. These rules determine whether the accounting period becomes the basis period or if a transitional basis period is needed.
1) In Q4 2007, the company repurchased 4.8 million shares for $222 million, and a total of 12.4 million shares in 2007 for $591 million. They also repurchased an additional 1 million shares in early 2008 for $40 million.
2) In Q4 2007, the company completed two acquisitions for a total of $97.1 million and seven acquisitions in 2007 for a total of $273.6 million. They also finalized the sale of six businesses in 2007 resulting in an after-tax loss of $17.1 million.
3) Organic revenue growth was 2.3% for 2007, with acquisitions contributing 9.7
The Clorox Company reported changes in its working capital and cash flow for the first quarter of fiscal year 2006 compared to 2005. Receivables declined due to improved collections and shorter payment terms, while inventory increased due to higher commodity costs and foreign currency impacts. Accounts payable rose due to higher inventory balances and timing of payments. Total working capital improved by $244 million due to these changes. Net cash used in operations was $59 million compared to $216 million provided in the prior year, primarily due to a $151 million IRS settlement payment. Excluding this impact, the company generated $92 million in cash from operations.
Japan Asia Group Limited - Consolidated Financial Resultslevicrisp
Japan Asia Group Limited reported financial results for the six months ended September 30, 2016. Net sales decreased 15% year-over-year to 29.1 billion yen. Operating and ordinary income declined compared to a year ago, recording losses of 750 million yen and 1.38 billion yen respectively. Net profit attributable to owners declined to a loss of 1.74 billion yen. Total assets decreased slightly to 112.9 billion yen while net assets fell to 25.6 billion yen. The company forecasts annual dividends of 10 yen per share for the fiscal year ending March 31, 2017.
This document is a balance sheet and profit and loss statement for Hindustan Unilever Limited as of March 31, 2013. The balance sheet shows total assets of Rs. 11,512.47 crores consisting of non-current assets such as tangible assets, investments, and advances, and current assets such as inventory, cash, and investments. Total equity and liabilities include shareholders' funds, non-current liabilities, and current liabilities amounting to the same total. The profit and loss statement shows a net profit of Rs. 3,796.67 crores for the year on total revenue of Rs. 26,417.11 crores.
The document discusses the basis period concept in company taxation. It begins by explaining Malaysia's migration from an imputation system to a single-tier system of taxation effective from 2008.
It then defines the key concepts of basis period, which is the period relative to a year of assessment used to determine a company's taxable income. It discusses how basis periods are determined based on accounting periods and dates, and the rules around commencement of business and changes in accounting dates. Specifically, it addresses scenarios where the normal or new accounting period ends on December 31st versus other dates, and periods that are less than or more than 12 months.
Basis period and changes in accounting datessakura rena
The document discusses basis period and changes in accounting dates for different types of entities. For sole proprietorships, partnerships, clubs, and trade associations, the basis period is the calendar year. For companies, trusts, and cooperatives, the basis period is generally the accounting period. However, there are special rules for determining the basis period upon commencement of business or a change in accounting period. These rules determine whether the accounting period becomes the basis period or if a transitional basis period is needed.
1) In Q4 2007, the company repurchased 4.8 million shares for $222 million, and a total of 12.4 million shares in 2007 for $591 million. They also repurchased an additional 1 million shares in early 2008 for $40 million.
2) In Q4 2007, the company completed two acquisitions for a total of $97.1 million and seven acquisitions in 2007 for a total of $273.6 million. They also finalized the sale of six businesses in 2007 resulting in an after-tax loss of $17.1 million.
3) Organic revenue growth was 2.3% for 2007, with acquisitions contributing 9.7
The Clorox Company reported changes in its working capital and cash flow for the first quarter of fiscal year 2006 compared to 2005. Receivables declined due to improved collections and shorter payment terms, while inventory increased due to higher commodity costs and foreign currency impacts. Accounts payable rose due to higher inventory balances and timing of payments. Total working capital improved by $244 million due to these changes. Net cash used in operations was $59 million compared to $216 million provided in the prior year, primarily due to a $151 million IRS settlement payment. Excluding this impact, the company generated $92 million in cash from operations.
Japan Asia Group Limited - Consolidated Financial Resultslevicrisp
Japan Asia Group Limited reported financial results for the six months ended September 30, 2016. Net sales decreased 15% year-over-year to 29.1 billion yen. Operating and ordinary income declined compared to a year ago, recording losses of 750 million yen and 1.38 billion yen respectively. Net profit attributable to owners declined to a loss of 1.74 billion yen. Total assets decreased slightly to 112.9 billion yen while net assets fell to 25.6 billion yen. The company forecasts annual dividends of 10 yen per share for the fiscal year ending March 31, 2017.
This quarterly report summarizes HOYA Corporation's financial performance for the third quarter of fiscal year 2010 (October 1 - December 31, 2010). Key points include:
1) Net sales increased 1.5% year-over-year to 108,449 million yen, while operating income rose 4.7% and net income grew 12.0%.
2) In the Information Technology segment, sales of electronics products were flat due to lower prices and a stronger yen despite higher volumes. Imaging product sales increased on strong demand for lenses.
3) In the Life Care segment, eyeglass lens shipments grew globally but sales increased slightly due to yen appreciation. Contact lens sales rose on new
VANCOUVER, Feb. 8, 2018 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO) (NYSE American: SVM) reported its financial and operating results for the third quarter ended December 31, 2017. All amounts are expressed in US Dollars.
X-Trade Brokers Dom Maklerski SA preliminary Q1 financial reportAtoZForex.com
The document is a translation of a current report from a Polish brokerage firm providing a preliminary summary of the company's financial and operating results for the first quarter of 2017. Key points include:
- Net profit was PLN 10.6 million, down from PLN 31.9 million in the first quarter of 2016. Operating profit was PLN 22.2 million, down from PLN 42.3 million year-over-year.
- Revenues decreased due to lower profitability per transaction lot, though transaction volume increased. Costs decreased despite rising customer accounts and activity.
- CFDs on stock indices performed strongly, particularly those tied to German and US indexes. Revenue composition shifted towards index CFD
- Fujitec reported financial results for the first quarter ended June 30, 2014, with net sales increasing 23.6% year-over-year to 34.5 billion yen. Operating income rose 125.9% to 2.7 billion yen and net income increased 54.6% to 1.4 billion yen.
- For the full fiscal year ending March 31, 2015, Fujitec forecasts net sales to increase 8.8% to 160 billion yen, with operating income rising 1.0% to 13 billion yen and net income up 1.8% to 7.8 billion yen.
- No changes were made to full year forecasts, shareholders' equity ratio
Accounts Class 12 project cash flow statement and ratio analysisJinendraPamecha
This document provides the balance sheet and profit and loss account of Tarmac Limited as of March 31, 2012. The balance sheet shows total sources of funds at Rs. 40,350.7 million consisting of shareholders' funds, loans, and deferred tax liability. Total application of funds is also Rs. 40,350.7 million consisting of fixed assets, working capital, investments, loans and advances, and provisions. The profit and loss account shows total income of Rs. 74,758.5 million and total expenses of Rs. 72,000.99 million, resulting in a profit before tax of Rs. 2,747.86 million.
Document and Entity InformationDocument and Entity Information - U.docxelinoraudley582231
Document and Entity InformationDocument and Entity Information - USD ($) $ in Billions12 Months EndedJan. 28, 2017Mar. 08, 2017Jul. 31, 2015Document and Entity Information [Abstract]Document Type10-KAmendment FlagfalseDocument Period End DateJan. 28,
2017Document Fiscal Year Focus2,016Document Fiscal Period FocusFYTrading SymbolkssEntity Registrant NameKOHLS CORPEntity Central Index Key885,639Current Fiscal Year End Date--01-28Entity Filer CategoryLarge Accelerated FilerEntity Common Stock, Shares Outstanding172,356,294Entity Well-known Seasoned IssuerYesEntity Voluntary FilersNoEntity Current Reporting StatusYesEntity Public Float$ 7.5
CONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE SHEETS - USD ($) $ in MillionsJan. 28, 2017Jan. 30, 2016Current assets:Cash and cash equivalents$ 1,074$ 707Merchandise inventories3,7954,038Other378331Total current assets5,2475,076Property and equipment, net8,1038,308Other assets224222Total assets13,57413,606Current liabilities:Accounts payable1,5071,251Accrued liabilities1,2241,206Income taxes payable112130Current portion of capital lease and financing obligations131127Total current liabilities2,9742,714Long-term debt2,7952,792Capital lease and financing obligations1,6851,789Deferred income taxes272257Other long-term liabilities671563Shareholders’ equity:Common stock - 371 and 370 million shares issued44Paid-in capital3,0032,944Treasury stock, at cost, 197 and 184 million shares(10,338)(9,769)Accumulated other comprehensive loss(14)(17)Retained earnings12,52212,329Total shareholders’ equity5,1775,491Total liabilities and shareholders’ equity$ 13,574$ 13,606
CONSOLIDATED BALANCE SHEETS (PaCONSOLIDATED BALANCE SHEETS (Parenthetical) - shares shares in MillionsJan. 28, 2017Jan. 30, 2016Common stock, shares issued370367Treasury stock, shares184166
CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions12 Months EndedJan. 28, 2017Jan. 30, 2016Jan. 31, 2015Net sales$ 18,686$ 19,204$ 19,023Cost of merchandise sold11,94412,26512,098Gross margin6,7426,9396,925Operating expenses:Selling, general and administrative4,4354,4524,350Depreciation and amortization938934886Impairments, store closing and other costs186Operating income1,1831,5531,689Interest expense, net308327340Gains (Losses) on Extinguishment of Debt01690Income before income taxes8751,0571,349Provision for income taxes319384482Net income$ 556$ 673$ 867Net income per share:Basic (in dollars per share)$ 3.12$ 3.48$ 4.28Diluted (in dollars per share)$ 3.11$ 3.46$ 4.24
CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions12 Months EndedJan. 28, 2017Jan. 30, 2016Jan. 31, 2015Statement of Comprehensive Income [Abstract]Comprehensive income (loss)$ 556$ 673$ 867Interest rate derivatives:Reclassification adjustment for interest expense on interest rate derivatives included in net income333Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Peri.
Q.P. Corporation's annual report summarizes the company's performance from December 1, 2007 to November 30, 2008. It provides an outline of the company, its subsidiaries, business segments, facilities, shares, corporate governance, and financial statements. The company's principal businesses are manufacturing, wholesaling, and warehousing of foods including mayonnaise, dressings, jams, and egg products. It has 65 consolidated subsidiaries and 14 affiliated companies involved in these businesses.
This presentation was made by Nobuhisai Sakamoto, Japan, at the 19th OECD Senior Financial Management and Reporting Officials Symposium held at the OECD Conference Centre, Paris, on 4-5 March 2019
This document contains condensed consolidated interim financial statements for Hyundai Capital Services, Inc. and its subsidiaries for the period ending March 31, 2018. It includes statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the financial statements. The independent auditors' review report indicates the financial statements were reviewed but not audited, and provides the standard review conclusion that nothing came to the auditors' attention that would cause them to believe the statements are not prepared according to relevant accounting standards.
The document is the annual report of Stanbic IBTC Holdings PLC for the year ended 31 December 2017. It summarizes that gross earnings for the group increased 35.81% to N212.4 billion while profit before tax rose 64.38% to N61.2 billion. The board recommended a final dividend of 50 kobo per share for the year ended 2017. Major shareholders include Stanbic Africa Holdings Limited with 53.07% and First Century International Limited with 7.61%.
Rexnord Corporation (RXN) Q3 Fiscal Year 2019 Financial ResultsRexnord
This presentation and discussion contains certain forward-looking statements that are subject to the Safe Harbor and Cautionary language contained in the press release we issued on January 30, 2019, as well as other factors that could cause actual results to differ materially from those discussed and that are disclosed in ourfilingswiththeSecuritiesandExchangeCommission.
Some comparisons will refer to certain non-GAAP measures. Our earnings release and SEC filings contain additional information about these non-GAAP measures, why we use them and why we believe they are helpful to investors, and contain reconciliationstoGAAPdata.
To view this presentation - or any of our previously published financial quarter presentations - please visit https://investors.rexnordcorporation.com/events-and-presentations/presentations/default.aspx
The document discusses techniques for analyzing financial statements, including horizontal analysis, vertical analysis, and ratio analysis. It provides examples of applying horizontal analysis to compare line items on Home Depot's balance sheet and income statement from 2006 to 2007. Vertical analysis is also demonstrated by expressing line items as a percentage of total assets or total sales. Key points shown include current assets increasing 33.2% and cost of merchandise sold increasing 16.7% based on the horizontal analysis examples.
The document discusses techniques for analyzing financial statements, including horizontal analysis, vertical analysis, and ratio analysis. It provides examples of applying horizontal analysis to compare line items on Home Depot's balance sheet and income statement from 2006 to 2007. Vertical analysis is also demonstrated by expressing line items as a percentage of total assets or total sales. Key points shown include current assets increasing 33.2% and cost of merchandise sold increasing 16.7% based on the horizontal analysis examples.
A press release and financial update from UMH Properties for the first quarter of 2016. UMH buys and manages trailer parks throughout the Marcellus/Utica region.
This document is the consolidated financial statements of Hyundai Card Co., Ltd. and Subsidiaries for the year ended December 31, 2017, including:
- Consolidated statements of financial position as of December 31, 2017 and 2016.
- Consolidated statements of comprehensive income for the years ended December 31, 2017 and 2016.
- Notes to the consolidated financial statements providing details on accounting policies and other explanatory information.
The independent auditor issued an unqualified opinion stating that the consolidated financial statements present fairly the financial position and performance of Hyundai Card Co., Ltd. and Subsidiaries.
This document is McKesson Corporation's Form 10-Q quarterly report filed with the SEC for the quarter ended December 31, 2006. It provides condensed consolidated financial statements and notes for the quarter, including the balance sheet, income statement, cash flow statement, and notes to the financial statements. It also includes Management's Discussion and Analysis and disclosures around legal proceedings, risks, shareholder votes, and exhibits.
B PROBLEMSP23-1B (L02,4) (SCF—Indirect Method) The followi.docxjasoninnes20
B PROBLEMS
P23-1B (L02,4) (SCF—Indirect Method) The following are Sanibel Corp.’s comparative balance sheet accounts at Decem-
ber 31, 2017 and 2016, with a column showing the increase (decrease) from 2016 to 2017.
Additional information:
1. On December 31, 2016, Sanibel acquired 25% of Island Co.’s common stock for $420,000. On that date, the carrying value
of Island’s assets and liabilities, which approximated their fair values, was $1,680,000. Island reported income of $220,000
for the year ended December 31, 2017. No dividend was paid on Island’s common stock during the year.
2. During 2016, Sanibel loaned $500,000 to POI Co., an unrelated company. POI made the first semi-annual principal repay-
ment of $50,000, plus interest at 10%, on December 31, 2016. POI is current on the loan as of December 31, 2017.
3. On January 2, 2017, Sanibel sold equipment costing $100,000, with a carrying amount of $31,000, for $20,000 cash.
4. On December 31, 2017, Sanibel entered into a capital lease for a new factory. The present value of the annual rental pay-
ments is $850,000, which equals the fair value of the building. Sanibel made the first rental payment of $120,000 when due
on January 2, 2018.
5. Net income for 2017 was $285,000.
6. Sanibel declared and paid cash dividends for 2017 and 2016 as follows.
Instructions
Prepare a statement of cash flows for Sanibel Corp. for the year ended December 31, 2017, using the indirect method.
(AICPA adapted)
1
COMPARATIVE BALANCE SHEETS
Increase
2017 2016 (Decrease)
Cash $ 650,000 $ 510,000 $ 140,000
Accounts receivable 1,260,000 1,090,000 170,000
Inventory 1,538,000 1,370,000 168,000
Property, plant, and equipment 2,680,000 1,763,000 917,000
Accumulated depreciation (850,000) (760,000) (90,000)
Investment in Island Co. 475,000 420,000 55,000
Loan receivable 350,000 450,000 (100,000)
Total assets $6,103,000 $4,843,000 $1,260,000
Accounts payable $1,080,000 $ 910,000 $ 170,000
Income taxes payable 90,000 75,000 15,000
Dividends payable 100,000 60,000 40,000
Capital lease obligation 850,000 0 850,000
Common stock, $1 par 400,000 400,000 0
Paid-in capital in excess of 2,100,000 2,100,000 0
par—common stock
Retained earnings 1,483,000 1,298,000 185,000
Total liabilities and stockholders’ equity $6,103,000 $4,843,000 $1,260,000
2017 2016
Declared December 15, 2017 December 15, 2016
Paid February 28, 2018 February 28, 2017
Amount $100,000 $60,000
c23_Kieso_IA_16e_PB.indd Page 1 12/07/16 9:00 AM f-389 c23_Kieso_IA_16e_PB.indd Page 1 12/07/16 9:00 AM f-389 /208/WB01908/XXXXXXXXXXXXX/ch23/text_s/208/WB01908/XXXXXXXXXXXXX/ch23/text_s
2 Chapter 23 Statement of Cash Flows
P23-2B (L02,4) (SCF—Indirect Method) The comparative balance sheets for Queen Corporation show the following
information.
Additional data related to 2017 are as follows.
1. Equipment that had cost $20,000 and was 60% depreciated at time of disposal was sold for $2,000.
2. $18,000 of th ...
Question needs grading. Grade of 1 pt Submit GradeMist Co.docxmakdul
Question needs grading.
Grade: of 1 pt Submit Grade
Mist Company has the following post-closing trial balance on December 31, 2016:
(See below to view the post-closing trial balance.)
The company's accounting department has gathered the following budgeting information for the first quarter of 2017:
(See below to view the budget information.)
Additional information: Rent and income tax expenses are paid as incurred. Insurance expense is an expiration of the prepaid amount.
.
Requirement 1.
Prepare a budgeted income statement for the quarter ended March 31, 2017.
Save Accounting Table...
+
Copy to Clipboard...
+
Mist Company
Budgeted Income Statement
For the Quarter Ended March 31, 2017
Gross Profit
Selling and Administrative Expenses:
Total Selling and Administrative Expenses
Operating Income (Loss)
Net Income (Loss)
Requirement 2.
Prepare a budgeted balance sheet as of March 31, 2017.
Save Accounting Table...
+
Copy to Clipboard...
+
Mist Company
Budgeted Balance Sheet
March 31, 2017
Assets
Current Assets:
Total Current Assets
Property, Plant, and Equipment
Total Assets
Save Accounting Table...
+
Copy to Clipboard...
+
Liabilities
Current Liabilities:
Total Liabilities
Stockholders' Equity
Total Stockholders' Equity
Total Liabilities and Stockholders' Equity
Requirement 3.
Prepare a budgeted statement of cash flows for the quarter ended March 31, 2017.
Complete the three sections of the budgeted statement of cash flows, then compute the net increase in cash and the balance at March 31, 2017.
(Enter a use of cash with a minus sign or parentheses. If a box is not used in the statement of cash flows leave the box empty; do not select a label or enter a zero.)
Save Accounting Table...
+
Copy to Clipboard...
+
Mist Company
Budgeted Statement of Cash Flows
For the Quarter Ended March 31, 2017
Operating Activities:
Net cash provided by (used for) operating activities
Investing Activities:
Net cash provided by (used for) investing activities
Financing Activities:
Net cash provided by (used for) financing activities
Save Accounting Table...
+
Copy to Clipboard...
+
Net increase in cash
Cash balance, January 1, 2017
Cash balance, March 31, 2017
0
Paperclip Office Supply's March 31, 2016, balance sheet follows:
(See below to view the balance sheet.)
The budget committee of Paperclip Office Supply has assembled the following data:
(See below to view the data.)
.
Requirement 1.
Prepare Paperclip's sales budget for April and May 2016.
Round all amounts to the nearest dollar.
Save Accounting Table...
+
Copy to Clipboard...
+
Paperclip Office Supply
Sales Budget
April and May, 2016
April
May
Total budgeted sales
Requirement 2.
Prepare Paperclip's inventory, purchases, and cost of goods sold budget for April ...
- The document is the condensed consolidated interim financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the period ended June 30, 2018.
- It includes the condensed consolidated statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the financial statements.
- An independent auditor reviewed the financial statements and issued a report concluding there is nothing that causes them to believe the financial statements are not prepared in accordance with relevant accounting standards.
The stockholders' equity accounts of Sheffield Corporation on January.pdfaasmaainternational
The stockholders' equity accounts of Sheffield Corporation on January 1, 2022, were as follows.
During 2022, the corporation had the following transactions and events pertaining to its
stockholders ' equity. Feb. 1 Issued 24,000 shares of common stock for $117 , 000 . Apr. 14 Sold
6,000 shares of treasury stock-common for $33 , 700 . Sept. 3 Issued 5,100 shares of common
stock for a pathit valued at $35 , 000 . Nov. 10 Purchased 1,100 shares of common stock for the
treasury at a cost of $5 , 700 . Dec. 31 Determined that net income for the year was $420 , 000 ,
No dividends were declared during the year. Journalize the transactions and the closing entry for
net income. (List all debit entries before credit entries. Record journal entries in the order
presented in the problem. Credit account titles are automatically indented when amount is
entered. Do not indent manually.) Enter the beginning balances in the accounts, and post the
journal entries to the stockholders' equity accounts. (Use J5 for the posting reference.)
(Postentries in the order of joumal entries presented in the previous part.) Preferred Stock
Retained Earnings eTextbook and Media Assistance Used List of Accounts Attempts: 3 of 5 used
Prepare a stockholders' equity section at December 31, 2022. (Enter the account name only and
do not provide the descriptive information provided in the question.) SHEFFIELD
CORPORATION Balance Sheet (Partial) December 31,2022 Stockholders' Equity Paid-in
Capital Capital Stock: Preferred Stock Common Stock Total Capital Stock Additional Paid in
Capital Paid in Capital in Evcess of Par-Preferred Stock Paid in Capital in Excess of Stated
Value Common Stock Paid-in Caphtal from Treasury Stock Total Additional Paidfin Capitat
Total Paid-in Capital Retained Earnines Total Paid-in Capital and Retahed Cornizgs ? Treasary
stock Total Stockholders' Equity.
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
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This quarterly report summarizes HOYA Corporation's financial performance for the third quarter of fiscal year 2010 (October 1 - December 31, 2010). Key points include:
1) Net sales increased 1.5% year-over-year to 108,449 million yen, while operating income rose 4.7% and net income grew 12.0%.
2) In the Information Technology segment, sales of electronics products were flat due to lower prices and a stronger yen despite higher volumes. Imaging product sales increased on strong demand for lenses.
3) In the Life Care segment, eyeglass lens shipments grew globally but sales increased slightly due to yen appreciation. Contact lens sales rose on new
VANCOUVER, Feb. 8, 2018 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO) (NYSE American: SVM) reported its financial and operating results for the third quarter ended December 31, 2017. All amounts are expressed in US Dollars.
X-Trade Brokers Dom Maklerski SA preliminary Q1 financial reportAtoZForex.com
The document is a translation of a current report from a Polish brokerage firm providing a preliminary summary of the company's financial and operating results for the first quarter of 2017. Key points include:
- Net profit was PLN 10.6 million, down from PLN 31.9 million in the first quarter of 2016. Operating profit was PLN 22.2 million, down from PLN 42.3 million year-over-year.
- Revenues decreased due to lower profitability per transaction lot, though transaction volume increased. Costs decreased despite rising customer accounts and activity.
- CFDs on stock indices performed strongly, particularly those tied to German and US indexes. Revenue composition shifted towards index CFD
- Fujitec reported financial results for the first quarter ended June 30, 2014, with net sales increasing 23.6% year-over-year to 34.5 billion yen. Operating income rose 125.9% to 2.7 billion yen and net income increased 54.6% to 1.4 billion yen.
- For the full fiscal year ending March 31, 2015, Fujitec forecasts net sales to increase 8.8% to 160 billion yen, with operating income rising 1.0% to 13 billion yen and net income up 1.8% to 7.8 billion yen.
- No changes were made to full year forecasts, shareholders' equity ratio
Accounts Class 12 project cash flow statement and ratio analysisJinendraPamecha
This document provides the balance sheet and profit and loss account of Tarmac Limited as of March 31, 2012. The balance sheet shows total sources of funds at Rs. 40,350.7 million consisting of shareholders' funds, loans, and deferred tax liability. Total application of funds is also Rs. 40,350.7 million consisting of fixed assets, working capital, investments, loans and advances, and provisions. The profit and loss account shows total income of Rs. 74,758.5 million and total expenses of Rs. 72,000.99 million, resulting in a profit before tax of Rs. 2,747.86 million.
Document and Entity InformationDocument and Entity Information - U.docxelinoraudley582231
Document and Entity InformationDocument and Entity Information - USD ($) $ in Billions12 Months EndedJan. 28, 2017Mar. 08, 2017Jul. 31, 2015Document and Entity Information [Abstract]Document Type10-KAmendment FlagfalseDocument Period End DateJan. 28,
2017Document Fiscal Year Focus2,016Document Fiscal Period FocusFYTrading SymbolkssEntity Registrant NameKOHLS CORPEntity Central Index Key885,639Current Fiscal Year End Date--01-28Entity Filer CategoryLarge Accelerated FilerEntity Common Stock, Shares Outstanding172,356,294Entity Well-known Seasoned IssuerYesEntity Voluntary FilersNoEntity Current Reporting StatusYesEntity Public Float$ 7.5
CONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE SHEETS - USD ($) $ in MillionsJan. 28, 2017Jan. 30, 2016Current assets:Cash and cash equivalents$ 1,074$ 707Merchandise inventories3,7954,038Other378331Total current assets5,2475,076Property and equipment, net8,1038,308Other assets224222Total assets13,57413,606Current liabilities:Accounts payable1,5071,251Accrued liabilities1,2241,206Income taxes payable112130Current portion of capital lease and financing obligations131127Total current liabilities2,9742,714Long-term debt2,7952,792Capital lease and financing obligations1,6851,789Deferred income taxes272257Other long-term liabilities671563Shareholders’ equity:Common stock - 371 and 370 million shares issued44Paid-in capital3,0032,944Treasury stock, at cost, 197 and 184 million shares(10,338)(9,769)Accumulated other comprehensive loss(14)(17)Retained earnings12,52212,329Total shareholders’ equity5,1775,491Total liabilities and shareholders’ equity$ 13,574$ 13,606
CONSOLIDATED BALANCE SHEETS (PaCONSOLIDATED BALANCE SHEETS (Parenthetical) - shares shares in MillionsJan. 28, 2017Jan. 30, 2016Common stock, shares issued370367Treasury stock, shares184166
CONSOLIDATED STATEMENTS OF INCOCONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions12 Months EndedJan. 28, 2017Jan. 30, 2016Jan. 31, 2015Net sales$ 18,686$ 19,204$ 19,023Cost of merchandise sold11,94412,26512,098Gross margin6,7426,9396,925Operating expenses:Selling, general and administrative4,4354,4524,350Depreciation and amortization938934886Impairments, store closing and other costs186Operating income1,1831,5531,689Interest expense, net308327340Gains (Losses) on Extinguishment of Debt01690Income before income taxes8751,0571,349Provision for income taxes319384482Net income$ 556$ 673$ 867Net income per share:Basic (in dollars per share)$ 3.12$ 3.48$ 4.28Diluted (in dollars per share)$ 3.11$ 3.46$ 4.24
CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions12 Months EndedJan. 28, 2017Jan. 30, 2016Jan. 31, 2015Statement of Comprehensive Income [Abstract]Comprehensive income (loss)$ 556$ 673$ 867Interest rate derivatives:Reclassification adjustment for interest expense on interest rate derivatives included in net income333Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Peri.
Q.P. Corporation's annual report summarizes the company's performance from December 1, 2007 to November 30, 2008. It provides an outline of the company, its subsidiaries, business segments, facilities, shares, corporate governance, and financial statements. The company's principal businesses are manufacturing, wholesaling, and warehousing of foods including mayonnaise, dressings, jams, and egg products. It has 65 consolidated subsidiaries and 14 affiliated companies involved in these businesses.
This presentation was made by Nobuhisai Sakamoto, Japan, at the 19th OECD Senior Financial Management and Reporting Officials Symposium held at the OECD Conference Centre, Paris, on 4-5 March 2019
This document contains condensed consolidated interim financial statements for Hyundai Capital Services, Inc. and its subsidiaries for the period ending March 31, 2018. It includes statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the financial statements. The independent auditors' review report indicates the financial statements were reviewed but not audited, and provides the standard review conclusion that nothing came to the auditors' attention that would cause them to believe the statements are not prepared according to relevant accounting standards.
The document is the annual report of Stanbic IBTC Holdings PLC for the year ended 31 December 2017. It summarizes that gross earnings for the group increased 35.81% to N212.4 billion while profit before tax rose 64.38% to N61.2 billion. The board recommended a final dividend of 50 kobo per share for the year ended 2017. Major shareholders include Stanbic Africa Holdings Limited with 53.07% and First Century International Limited with 7.61%.
Rexnord Corporation (RXN) Q3 Fiscal Year 2019 Financial ResultsRexnord
This presentation and discussion contains certain forward-looking statements that are subject to the Safe Harbor and Cautionary language contained in the press release we issued on January 30, 2019, as well as other factors that could cause actual results to differ materially from those discussed and that are disclosed in ourfilingswiththeSecuritiesandExchangeCommission.
Some comparisons will refer to certain non-GAAP measures. Our earnings release and SEC filings contain additional information about these non-GAAP measures, why we use them and why we believe they are helpful to investors, and contain reconciliationstoGAAPdata.
To view this presentation - or any of our previously published financial quarter presentations - please visit https://investors.rexnordcorporation.com/events-and-presentations/presentations/default.aspx
The document discusses techniques for analyzing financial statements, including horizontal analysis, vertical analysis, and ratio analysis. It provides examples of applying horizontal analysis to compare line items on Home Depot's balance sheet and income statement from 2006 to 2007. Vertical analysis is also demonstrated by expressing line items as a percentage of total assets or total sales. Key points shown include current assets increasing 33.2% and cost of merchandise sold increasing 16.7% based on the horizontal analysis examples.
The document discusses techniques for analyzing financial statements, including horizontal analysis, vertical analysis, and ratio analysis. It provides examples of applying horizontal analysis to compare line items on Home Depot's balance sheet and income statement from 2006 to 2007. Vertical analysis is also demonstrated by expressing line items as a percentage of total assets or total sales. Key points shown include current assets increasing 33.2% and cost of merchandise sold increasing 16.7% based on the horizontal analysis examples.
A press release and financial update from UMH Properties for the first quarter of 2016. UMH buys and manages trailer parks throughout the Marcellus/Utica region.
This document is the consolidated financial statements of Hyundai Card Co., Ltd. and Subsidiaries for the year ended December 31, 2017, including:
- Consolidated statements of financial position as of December 31, 2017 and 2016.
- Consolidated statements of comprehensive income for the years ended December 31, 2017 and 2016.
- Notes to the consolidated financial statements providing details on accounting policies and other explanatory information.
The independent auditor issued an unqualified opinion stating that the consolidated financial statements present fairly the financial position and performance of Hyundai Card Co., Ltd. and Subsidiaries.
This document is McKesson Corporation's Form 10-Q quarterly report filed with the SEC for the quarter ended December 31, 2006. It provides condensed consolidated financial statements and notes for the quarter, including the balance sheet, income statement, cash flow statement, and notes to the financial statements. It also includes Management's Discussion and Analysis and disclosures around legal proceedings, risks, shareholder votes, and exhibits.
B PROBLEMSP23-1B (L02,4) (SCF—Indirect Method) The followi.docxjasoninnes20
B PROBLEMS
P23-1B (L02,4) (SCF—Indirect Method) The following are Sanibel Corp.’s comparative balance sheet accounts at Decem-
ber 31, 2017 and 2016, with a column showing the increase (decrease) from 2016 to 2017.
Additional information:
1. On December 31, 2016, Sanibel acquired 25% of Island Co.’s common stock for $420,000. On that date, the carrying value
of Island’s assets and liabilities, which approximated their fair values, was $1,680,000. Island reported income of $220,000
for the year ended December 31, 2017. No dividend was paid on Island’s common stock during the year.
2. During 2016, Sanibel loaned $500,000 to POI Co., an unrelated company. POI made the first semi-annual principal repay-
ment of $50,000, plus interest at 10%, on December 31, 2016. POI is current on the loan as of December 31, 2017.
3. On January 2, 2017, Sanibel sold equipment costing $100,000, with a carrying amount of $31,000, for $20,000 cash.
4. On December 31, 2017, Sanibel entered into a capital lease for a new factory. The present value of the annual rental pay-
ments is $850,000, which equals the fair value of the building. Sanibel made the first rental payment of $120,000 when due
on January 2, 2018.
5. Net income for 2017 was $285,000.
6. Sanibel declared and paid cash dividends for 2017 and 2016 as follows.
Instructions
Prepare a statement of cash flows for Sanibel Corp. for the year ended December 31, 2017, using the indirect method.
(AICPA adapted)
1
COMPARATIVE BALANCE SHEETS
Increase
2017 2016 (Decrease)
Cash $ 650,000 $ 510,000 $ 140,000
Accounts receivable 1,260,000 1,090,000 170,000
Inventory 1,538,000 1,370,000 168,000
Property, plant, and equipment 2,680,000 1,763,000 917,000
Accumulated depreciation (850,000) (760,000) (90,000)
Investment in Island Co. 475,000 420,000 55,000
Loan receivable 350,000 450,000 (100,000)
Total assets $6,103,000 $4,843,000 $1,260,000
Accounts payable $1,080,000 $ 910,000 $ 170,000
Income taxes payable 90,000 75,000 15,000
Dividends payable 100,000 60,000 40,000
Capital lease obligation 850,000 0 850,000
Common stock, $1 par 400,000 400,000 0
Paid-in capital in excess of 2,100,000 2,100,000 0
par—common stock
Retained earnings 1,483,000 1,298,000 185,000
Total liabilities and stockholders’ equity $6,103,000 $4,843,000 $1,260,000
2017 2016
Declared December 15, 2017 December 15, 2016
Paid February 28, 2018 February 28, 2017
Amount $100,000 $60,000
c23_Kieso_IA_16e_PB.indd Page 1 12/07/16 9:00 AM f-389 c23_Kieso_IA_16e_PB.indd Page 1 12/07/16 9:00 AM f-389 /208/WB01908/XXXXXXXXXXXXX/ch23/text_s/208/WB01908/XXXXXXXXXXXXX/ch23/text_s
2 Chapter 23 Statement of Cash Flows
P23-2B (L02,4) (SCF—Indirect Method) The comparative balance sheets for Queen Corporation show the following
information.
Additional data related to 2017 are as follows.
1. Equipment that had cost $20,000 and was 60% depreciated at time of disposal was sold for $2,000.
2. $18,000 of th ...
Question needs grading. Grade of 1 pt Submit GradeMist Co.docxmakdul
Question needs grading.
Grade: of 1 pt Submit Grade
Mist Company has the following post-closing trial balance on December 31, 2016:
(See below to view the post-closing trial balance.)
The company's accounting department has gathered the following budgeting information for the first quarter of 2017:
(See below to view the budget information.)
Additional information: Rent and income tax expenses are paid as incurred. Insurance expense is an expiration of the prepaid amount.
.
Requirement 1.
Prepare a budgeted income statement for the quarter ended March 31, 2017.
Save Accounting Table...
+
Copy to Clipboard...
+
Mist Company
Budgeted Income Statement
For the Quarter Ended March 31, 2017
Gross Profit
Selling and Administrative Expenses:
Total Selling and Administrative Expenses
Operating Income (Loss)
Net Income (Loss)
Requirement 2.
Prepare a budgeted balance sheet as of March 31, 2017.
Save Accounting Table...
+
Copy to Clipboard...
+
Mist Company
Budgeted Balance Sheet
March 31, 2017
Assets
Current Assets:
Total Current Assets
Property, Plant, and Equipment
Total Assets
Save Accounting Table...
+
Copy to Clipboard...
+
Liabilities
Current Liabilities:
Total Liabilities
Stockholders' Equity
Total Stockholders' Equity
Total Liabilities and Stockholders' Equity
Requirement 3.
Prepare a budgeted statement of cash flows for the quarter ended March 31, 2017.
Complete the three sections of the budgeted statement of cash flows, then compute the net increase in cash and the balance at March 31, 2017.
(Enter a use of cash with a minus sign or parentheses. If a box is not used in the statement of cash flows leave the box empty; do not select a label or enter a zero.)
Save Accounting Table...
+
Copy to Clipboard...
+
Mist Company
Budgeted Statement of Cash Flows
For the Quarter Ended March 31, 2017
Operating Activities:
Net cash provided by (used for) operating activities
Investing Activities:
Net cash provided by (used for) investing activities
Financing Activities:
Net cash provided by (used for) financing activities
Save Accounting Table...
+
Copy to Clipboard...
+
Net increase in cash
Cash balance, January 1, 2017
Cash balance, March 31, 2017
0
Paperclip Office Supply's March 31, 2016, balance sheet follows:
(See below to view the balance sheet.)
The budget committee of Paperclip Office Supply has assembled the following data:
(See below to view the data.)
.
Requirement 1.
Prepare Paperclip's sales budget for April and May 2016.
Round all amounts to the nearest dollar.
Save Accounting Table...
+
Copy to Clipboard...
+
Paperclip Office Supply
Sales Budget
April and May, 2016
April
May
Total budgeted sales
Requirement 2.
Prepare Paperclip's inventory, purchases, and cost of goods sold budget for April ...
- The document is the condensed consolidated interim financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the period ended June 30, 2018.
- It includes the condensed consolidated statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the financial statements.
- An independent auditor reviewed the financial statements and issued a report concluding there is nothing that causes them to believe the financial statements are not prepared in accordance with relevant accounting standards.
The stockholders' equity accounts of Sheffield Corporation on January.pdfaasmaainternational
The stockholders' equity accounts of Sheffield Corporation on January 1, 2022, were as follows.
During 2022, the corporation had the following transactions and events pertaining to its
stockholders ' equity. Feb. 1 Issued 24,000 shares of common stock for $117 , 000 . Apr. 14 Sold
6,000 shares of treasury stock-common for $33 , 700 . Sept. 3 Issued 5,100 shares of common
stock for a pathit valued at $35 , 000 . Nov. 10 Purchased 1,100 shares of common stock for the
treasury at a cost of $5 , 700 . Dec. 31 Determined that net income for the year was $420 , 000 ,
No dividends were declared during the year. Journalize the transactions and the closing entry for
net income. (List all debit entries before credit entries. Record journal entries in the order
presented in the problem. Credit account titles are automatically indented when amount is
entered. Do not indent manually.) Enter the beginning balances in the accounts, and post the
journal entries to the stockholders' equity accounts. (Use J5 for the posting reference.)
(Postentries in the order of joumal entries presented in the previous part.) Preferred Stock
Retained Earnings eTextbook and Media Assistance Used List of Accounts Attempts: 3 of 5 used
Prepare a stockholders' equity section at December 31, 2022. (Enter the account name only and
do not provide the descriptive information provided in the question.) SHEFFIELD
CORPORATION Balance Sheet (Partial) December 31,2022 Stockholders' Equity Paid-in
Capital Capital Stock: Preferred Stock Common Stock Total Capital Stock Additional Paid in
Capital Paid in Capital in Evcess of Par-Preferred Stock Paid in Capital in Excess of Stated
Value Common Stock Paid-in Caphtal from Treasury Stock Total Additional Paidfin Capitat
Total Paid-in Capital Retained Earnines Total Paid-in Capital and Retahed Cornizgs ? Treasary
stock Total Stockholders' Equity.
Similar to Consolidated financial-results-for-the-year-ended-december-31-2017 (20)
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
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1. ―1―
Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy between
the Japanese original and this English translation, the Japanese original shall prevail.
Consolidated Financial Results
for the Year Ended December 31, 2017
[Japanese GAAP]
February 13, 2018
Company name: Uzabase, Inc.
Stock exchange listing: Tokyo
Code number: 3966
URL: http://www.uzabase.com
Representative: Yusuke Inagaki / Yusuke Umeda Co-Chief Executive Officer
Contact: Mirai Murakami CFO / Head of Finance & Planning
Phone: 03-4574-6552
Scheduled date of Annual General Meeting of Shareholders: March 29, 2018
Scheduled date of commencing dividend payments: -
Scheduled date of filing annual securities report: March 29, 2018
Availability of supplementary briefing material on annual financial results: Yes
Schedule of annual financial results briefing session: Yes
(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Fiscal Year Ended December 31, 2017 (January 01, 2017 to December 31, 2017)
(1) Consolidated Operating Results (% indicates changes from the previous corresponding period.)
Net sales Operating income Ordinary income
Profit attributable to
owners of parent
Fiscal year ended Million yen % Million yen % Million yen % Million yen %
December 31, 2017 4,565 48.2 545 117.5 518 130.0 438 63.8
December 31, 2016 3,081 60.9 250 - 225 - 267 -
(Note) Comprehensive income: Fiscal year ended December 31, 2017: ¥ 446 million [ 64.5%]
Fiscal year ended December 31, 2016: ¥ 271 million [ 221.1%]
Basic earnings per
share
Diluted earnings per
share
Rate of return on
equity
Ordinary income to
total assets ratio
Operating income to
net sales ratio
Fiscal year ended Yen Yen % % %
December 31, 2017 15.13 13.84 20.7 12.9 12.0
December 31, 2016 10.03 9.15 17.6 8.5 8.1
(Reference) Equity in earnings (losses) of affiliated companies: Fiscal year ended December 31, 2017: ¥ (24) million
Fiscal year ended December 31, 2016: ¥ 5 million
EBITDA = Operating Profit + Depreciation + Amortisation
December 31, 2017 JPY565mln(110.4%) December 31, 2016 JPY282mln(―%)
(Note) The Company conducted a 3-for-1 stock split of common stocks as of July 1, 2016, couducted a 2-for-1 stock split of
common stocks as of July 1, 2017 and couducted a 2-for-1 stock split of common stocks as of January 1, 2018. The
"Earnings per share" and "Diluted earnings per share" are calculated assuming that the said stock split was conducted at
the beginning of the previous consolidated FY.
(2) Consolidated Financial Position
Total assets Net assets Capital adequacy ratio Net assets per share
As of Million yen Million yen % Yen
December 31, 2017 4,408 1,819 41.1 61.86
December 31, 2016 3,618 2,439 66.6 84.66
(Reference) Equity: As of December 31, 2017: ¥ 1,812 million
As of December 31, 2016: ¥ 2,409 million
(Note) The Company conducted a 3-for-1 stock split of common stocks as of July 1, 2016, couducted a 2-for-1 stock split
of common stocks as of July 1, 2017 and couducted a 2-for-1 stock split of common stocks as of January 1, 2018. The "
Net assets per share " is calculated assuming that the said stock split was conducted at the beginning of the previous
consolidated FY.
(3) Consolidated Cash Flows
2. ―2―
Cash flows from
operating activities
Cash flows from
investing activities
Cash flows from
financing activities
Cash and cash
equivalents at the end
of period
Fiscal year ended Million yen Million yen Million yen Million yen
December 31, 2017 817 (547) (152) 3,217
December 31, 2016 474 (40) 1,395 3,096
2. Dividends
Annual dividends
Total
dividends
Payout
ratio
(consolidated)
Dividends
to net
assets
(consolidated)
1st
quarter-end
2nd
quarter-end
3rd
quarter-end
Year-end Total
Fiscal year ended Yen Yen Yen Yen Yen Million yen % %
December 31, 2016 - 0.00 - 0.00 0.00 - - -
December 31, 2017 - 0.00 - 0.00 0.00 - - -
Fiscal year ending
December 31, 2018
(Forecast)
- 0.00 - 0.00 0.00 -
(Note) Breakdown of the year-end dividend for the fiscal year ended December 31, 2017 :
Commemorative dividend - yen
Special dividend - yen
3. Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2018 (January 01, 2018 to December 31, 2018)
(% indicates changes from the previous corresponding period.)
Net sales Operating income Ordinary income
Profit attributable to
owners of parent
Basic earnings per
share
Million yen % Million yen % Million yen % Million yen % Yen
Full year 6,763 48.1 827 51.6 389 (24.9) 176 (59.8) 6.01
(Reference) EBITDA December 31, 2018 (Forecast) JPY902mln (51.6%)
* Notes:
(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting in changes in
scope of consolidation): No
New - (Company name: )
Exclusion: - (Company name: )
(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No
4) Retrospective restatement: No
(3) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
December 31, 2017: 29,300,040 shares
December 31, 2016: 28,811,532 shares
2) Total number of treasury shares at the end of the period:
December 31, 2017: 72 shares
December 31, 2016: - shares
3) Average number of shares during the period:
Fiscal Year ended December 31, 2017: 28,947,396 shares
Fiscal Year ended December 31, 2016: 26,653,072 shares
(Note) The Company conducted a 3-for-1 stock split of common stocks as of July 1, 2016, couducted a 2-for-1 stock split
of common stocks as of July 1, 2017 and couducted a 2-for-1 stock split of common stocks as of January 1, 2018. The "
Total number of issued shares (common shares) " are calculated assuming that the said stock split was conducted at the
beginning of the previous consolidated FY.
3. ―3―
(Reference) Summary of Non-consolidated Financial Results
1. Non-consolidated Financial Results for the Fiscal Year Ended December 31, 2017 (January 01, 2017 to December 31, 2017)
(1) Non-consolidated Operating Results (% indicates changes from the previous corresponding period.)
Net sales Operating income Ordinary income Net income
Fiscal year ended Million yen % Million yen % Million yen % Million yen %
December 31, 2017 2,825 31.8 299 87.6 399 84.5 306 16.4
December 31, 2016 2,143 35.3 159 - 216 - 263 -
Basic earnings per share Diluted earnings per share
Fiscal year ended Yen Yen
December 31, 2017 10.58 9.68
December 31, 2016 9.88 9.01
(Note) The Company conducted a 3-for-1 stock split of common stocks as of July 1, 2016, couducted a 2-for-1 stock split
of common stocks as of July 1, 2017 and couducted a 2-for-1 stock split of common stocks as of January 1, 2018. The
"Earnings per share" and "Diluted earnings per share" are calculated assuming that the said stock split was conducted at
the beginning of the previous consolidated FY.
(2) Non-consolidated Financial Position
Total assets Net assets Capital adequacy ratio Net assets per share
As of Million yen Million yen % Yen
December 31, 2017 4,805 2,547 52.9 86.72
December 31, 2016 3,209 2,183 68.0 75.78
(Reference) Equity: As of December 31, 2017: ¥ 2,547 million
As of December 31, 2016: ¥ 2,183 million
(Note) The Company conducted a 3-for-1 stock split of common stocks as of July 1, 2016, couducted a 2-for-1 stock split
of common stocks as of July 1, 2017 and couducted a 2-for-1 stock split of common stocks as of January 1, 2018. The "
Net assets per share " is calculated assuming that the said stock split was conducted at the beginning of the previous
consolidated FY.
4. ―4―
Consolidated Financial Statements
Consolidated Balance Sheets
(Thousand yen)
As of December 31,2016 As of December 31,2017
Assets
Current assets
Cash and deposits 3,096,081 3,217,254
Notes and accounts receivable - trade 202,162 320,428
Prepaid expenses 66,340 95,262
Deferred tax assets 76,571 68,526
Other 4,791 34,856
Allowance for doubtful accounts (1,040) (3,735)
Total current assets 3,444,907 3,732,593
Non-current assets
Property, plant and equipment
Buildings 23,986 23,986
Accumulated depreciation (14,642) (20,638)
Buildings, net 9,343 3,348
Tools, furniture and fixtures 106,723 130,348
Accumulated depreciation (65,693) (85,617)
Tools, furniture and fixtures, net 41,030 44,731
Leased assets 4,885 4,885
Accumulated depreciation (1,139) (2,116)
Leased assets, net 3,745 2,768
Total property, plant and equipment 54,119 50,848
Intangible assets
Goodwill - 118,298
Software 5,810 8,985
Software in progress 1,400 -
Total intangible assets 7,210 127,283
Investments and other assets
Investment securities 1,505 1,505
Shares of subsidiaries and associates 11,538 157,502
Lease and guarantee deposits 75,077 318,650
Long-term prepaid expenses 15,850 1,831
Deferred tax assets - 9,667
Other 8,202 8,825
Total investments and other assets 112,174 497,982
Total non-current assets 173,504 676,114
Total assets 3,618,411 4,408,707
5. ―5―
(Thousand yen)
As of December 31,2016 As of December 31,2017
Liabilities
Current liabilities
Accounts payable - trade 88,904 183,964
Current portion of long-term loans payable 104,012 202,601
Accounts payable - other 129,504 195,196
Accrued expenses 163,820 215,704
Income taxes payable 45,293 84,415
Unearned revenue 310,461 501,378
Other 116,758 149,531
Total current liabilities 958,755 1,532,792
Non-current liabilities
Long-term loans payable 217,309 1,054,408
Deferred tax liabilities 43 81
Other 3,043 1,983
Total non-current liabilities 220,396 1,056,472
Total liabilities 1,179,152 2,589,265
Net assets
Shareholders' equity
Capital stock 1,303,190 1,328,889
Capital surplus 1,257,633 191,338
Retained earnings (151,152) 286,881
Treasury shares - (102)
Total shareholders' equity 2,409,671 1,807,006
Accumulated other comprehensive income
Foreign currency translation adjustment (159) 5,581
Total accumulated other comprehensive income (159) 5,581
Subscription rights to shares - 6,854
Non-controlling interests 29,747 -
Total net assets 2,439,259 1,819,442
Total liabilities and net assets 3,618,411 4,408,707
6. ―6―
Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income
(Thousand yen)
For the fiscal year
ended December 31,2016
For the fiscal year
ended December 31,2017
Net sales 3,081,602 4,565,897
Cost of sales 1,377,906 2,091,673
Gross profit 1,703,695 2,474,223
Selling, general and administrative expenses 1,452,702 1,928,239
Operating profit 250,992 545,983
Non-operating income
Land and house rent received 873 -
Share of profit of entities accounted for using equity
method
5,435 -
Compensation income 3,456 -
Penalty income - 6,564
Other 3,115 4,676
Total non-operating income 12,881 11,241
Non-operating expenses
Interest expenses 6,397 8,645
Share of loss of entities accounted for using equity
method
- 24,003
Share issuance cost 11,735 150
Listing related costs 10,802 -
Foreign exchange losses 9,545 5,075
Other - 895
Total non-operating expenses 38,480 38,769
Ordinary profit 225,393 518,455
Extraordinary income
Gain on sales of non-current assets 47 -
Gain on sales of shares of subsidiaries and associates - 683
Total extraordinary income 47 683
Profit before income taxes 225,440 519,139
Income taxes - current 32,761 79,513
Income taxes - deferred (76,571) (1,585)
Total income taxes (43,809) 77,928
Profit 269,250 441,211
Profit attributable to non-controlling interests 1,804 3,177
Profit attributable to owners of parent 267,445 438,034
7. ―7―
Consolidated Statements of Comprehensive Income
(Thousand yen)
For the fiscal year
ended December 31,2016
For the fiscal year
ended December 31,2017
Profit 269,250 441,211
Other comprehensive income
Foreign currency translation adjustment 2,383 2,501
Share of other comprehensive income of entities
accounted for using equity method
- 3,239
Total other comprehensive income 2,383 5,741
Comprehensive income 271,633 446,952
Comprehensive income attributable to
Comprehensive income attributable to owners of parent 269,829 443,775
Comprehensive income attributable to non-controlling
interests
1,804 3,177
8. ―8―
Consolidated Statements of Changes in Net Assets
For the fiscal year ended December 31,2016
(Thousand yen)
Shareholders' equity
Accumulated other
comprehensive income
Non-
controlling
interests
Total net
assets
Capital stock
Capital
surplus
Retained
earnings
Total
shareholders'
equity
Foreign
currency
translation
adjustment
Total
accumulated
other
comprehensi
ve income
Balance at beginning
of current period
547,566 502,009 (418,598) 630,977 (2,543) (2,543) 27,943 656,377
Changes of items
during period
Issuance of new
shares
755,624 755,624 1,511,248 1,511,248
Profit attributable to
owners of parent
267,445 267,445 267,445
Net changes of
items other than
shareholders' equity
2,383 2,383 1,804 4,187
Total changes of
items during period
755,624 755,624 267,445 1,778,693 2,383 2,383 1,804 1,782,881
Balance at end of
current period
1,303,190 1,257,633 (151,152) 2,409,671 (159) (159) 29,747 2,439,259
For the fiscal year ended December 31,2017
(Thousand yen)
Shareholders' equity
Accumulated other
comprehensive income
Subscriptio
n rights to
shares
Non-
controlling
interests
Total net
assetsCapital
stock
Capital
surplus
Retained
earnings
Treasury
shares
Total
shareholder
s' equity
Foreign
currency
translation
adjustment
Total
accumulate
d other
comprehens
ive income
Balance at beginning of
current period
1,257,633 (151,152) - 2,409,671 (159) (159) - 29,747 2,439,259
Changes of items during
period
Issuance of new shares 25,698 25,698 51,397 51,397
Profit attributable to
owners of parent
438,034 438,034 438,034
Purchase of treasury
shares
(102) (102) (102)
Purchase of shares of
consolidated
subsidiaries
(1,091,993) (1,091,993) (1,091,993)
Net changes of items
other than
shareholders' equity
5,741 5,741 6,854 (29,747) (17,152)
Total changes of items
during period
25,698 (1,066,295) 438,034 (102) (602,664) 5,741 5,741 6,854 (29,747) (619,816)
Balance at end of current
period
1,328,889 191,338 286,881 (102) 1,807,006 5,581 5,581 6,854 - 1,819,442
9. ―9―
Consolidated Statements of Cash Flows
(Thousand yen)
For the fiscal year
ended December 31,2016
For the fiscal year
ended December 31,2017
Cash flows from operating activities
Profit before income taxes 225,440 519,139
Depreciation 33,390 36,143
Amortization of goodwill - 13,144
Share of (profit) loss of entities accounted for using
equity method
(5,435) 24,003
Decrease (increase) in notes and accounts receivable -
trade
(51,091) (116,119)
Increase (decrease) in notes and accounts payable -
trade
14,720 95,059
Increase (decrease) in accounts payable - other 62,016 54,369
Increase (decrease) in accrued expenses 1,369 51,347
Increase (decrease) in accrued consumption taxes 36,013 19,158
Increase (decrease) in unearned revenue 104,885 179,257
Other, net 61,886 (588)
Subtotal 483,195 874,914
Interest and dividend income received 135 83
Interest expenses paid (6,365) (10,072)
Income taxes paid (2,507) (47,217)
Net cash provided by (used in) operating activities 474,458 817,707
Cash flows from investing activities
Purchase of property, plant and equipment (32,273) (38,103)
Purchase of shares of subsidiaries and associates - (182,600)
Payments for guarantee deposits (6,509) (250,462)
Proceeds from collection of guarantee deposits 5,498 2,022
Purchase of shares of subsidiaries resulting in change
in scope of consolidation
- (89,711)
Other, net (7,489) 11,168
Net cash provided by (used in) investing activities (40,773) (547,685)
Cash flows from financing activities
Proceeds from long-term loans payable - 1,124,000
Repayments of long-term loans payable (102,567) (208,312)
Proceeds from issuance of common shares 1,499,512 51,397
Payments from changes in ownership interests in
subsidiaries that do not result in change in scope of
consolidation
- (1,124,918)
Other, net (1,031) 5,706
Net cash provided by (used in) financing activities 1,395,914 (152,126)
Effect of exchange rate change on cash and cash
equivalents
(2,654) 3,277
Net increase (decrease) in cash and cash equivalents 1,826,944 121,172
Cash and cash equivalents at beginning of period 1,269,136 3,096,081
Cash and cash equivalents at end of period 3,096,081 3,217,254