WARIS KHAN M,COM FUUSAT

2. ESPECIALY THANKS
TO
MOST AND SENIOR
TEACHER
OF
FEDRAL URDU UNIVERSITY
SIR SHAFI AZAD..........

3. FUUSAT KARACHI (ABDUL-HAQ-CAMPUS)
WARIS KHAN

4. • OUR ACHIEVEMENT
CONTENTS OF ANALYSIS
HISTORY ALONG WITH VISION AND
MISSION
RATIO ANALYSIS
TREND ANALYSI
HORIZONTAL ANALYSIS
VERTICAL ANALYSIS
CASH FLOW ANALYSIS (HORIZONTALLY)
FINANCIAL PERFORMANCE REVIEW FOR 5 YEARS

6. Vision:
“To be the most respected and successful enterprise, delight customers with
a wide range of products and solutions in the automobile industry with the best people and
best technology.”
The most respected.
The most successful.
Delighting customers.

7. MISSION
Mission of Toyota is to provide safe & sound journey. Toyota is developing various new
technologies from the perspective of energy saving and diversifying energy sources.
Environment has been first and most important issue in priorities of Toyota and working
toward creating a prosperous society and clean world.

8. HISTORY

9. Core values of Toyota

10. Organizational structure

11. SAFETY POLICY
• INDUS MOTOR COMPANY LTD IS COMMITTED TO PROVIDE A SAFE WORKPLACE TO ALL OF ITS
EMPLOYEES AND TO ENSURE, SO FAR AS IS REASONABLY PRACTICABLE, THE SAFETY OF ITS
CONTRACTORS, SUPPLIERS, VENDORS AND ALL MEMBERS OF THE PUBLIC THAT MAY BE
AFFECTED BY ITS BUSINESS OPERATIONS.
• THE COMPANY WILL STRIVE TO PREVENT ALL ACCIDENTS AND INJURIES THROUGH THE
ACTIVE PARTICIPATION OF EVERY EMPLOYEE AS WELL AS THE COMMITMENT TO PUT IN
CONTINUOUS EFFORTS TO IDENTIFY, ELIMINATE OR MANAGE SAFETY RISKS ASSOCIATED
WITH ITS ACTIONS.
OUR PHILOSOPHY:
• SAFETY IS EVERYONE’S RESPONSIBILITY,
• ALL ACCIDENTS ARE PREVENTABLE,
• ALL EMPLOYEES ARE EMPOWERED TO STOP ANY UNSAFE JOB OR ACT, AND
• NO TASK IS SO IMPORTANT THAT RISK OF INJURY TO PEOPLE IS JUSTIFIED
• “SAFETY WILL ALWAYS TAKE PRECEDENCE OVER

14. Current Ratio
Current assets / Current liabilities
2013 2012 2011 2010 2009
2.9 2.3 1.8 1.6 1.6
1.6
1.6
1.8
2.9
0 0 0
2.3
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
current ratio
“Comments”
Ratio analysis show the potential power to meet the operatingliabilities of the company,
In,2009 its 1.6:1 which have 6% more assets than liabilities in 2010,11 12 and 13 increased year by year still 2.9:1,
Note……………company increased its strength to meet operating liabilities

15. Debt ratio
Total liabilities / Total assets
2013 2012 2011 2010 2009
0.30 0.38 0.53 0.50
0.5
0.53
0.3
0 0 0
0.38
0
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0% debt ratio
2013 2012 2011 2010 2009

16. Net working capital
Current assets - Current liabilities
2013 2012 2011 2010 2009
14774917 13693056 10326412 9566387 8213318
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
net working capital
2013 2012 2011 2010 2009
“COMMENTS”
NET WORKING CAPITA SHOWS THE REVENUE GENREATED ASSTES WHICH CREATES THE
GOOD OF THE COMPANY,
IN 2009 IT WAS 8213318.. ITS INCRESDED YEAR BY YEAR STILL 2013, 14774917
SHOWS BETTER MANAGEMENT ABOUT CONTROLLING OF LAIBLATIESS.

17. 2013 2012 2011 2010 2009
5.26% 5.59 % 4.45% 5.73% 3.66%
Net profit Ratio
100 × profit after tex / Net revenues
3.66
5.73
4.45
5.26
0 0 0
5.59
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0% net profit ratio
2013 2012 2011 2010 2009
“COMMENTS”
NET PROFIT OF THE COMPANY SOWS THE FINANCIAL PERFORMANCE OF THE COMPANT ,WHICH IS IN 2009 @ 3.66 AND IN
2010 INCREASES @5.73 WHICH IS THE SYMBOLE OF GOOD PERFORMANCE BUT IN 2011 RATIO ANALYSIS SHOWS THE
DECREASE @4.45 BUT IN 2012 WITH THE CONTROLL OF COST FACTORS ITS REACHED @5.59,
BUT IN 2013 ITS REACHES @5.26
SUGESSTION…………. COMPANY SHOULD CONTROLL COST FACTORS AND PAY OUT OF DIVIDENDS AND SO LIKE THIS
INCREMENT IN SALES VOLUME

18. GROSS PROFIT RATIO
2013 2012 2011 2010 2009
9.18 8.53 6.63 8.08 6.14
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
AXIS TITLE
GROSS PROFIT RATIO
2013 2012 2011 2010 2009
“COMMENTS”
IN THE YEAR OF 2009 GROSS PROFIT RATIO SHOWS THE 6.14 BUT IN 2010 INCREASED IN
@8.08AND FURTHER @6.63 LIKE THIS IN 2011 BUT IN 2012 INCREASED@8.53AND9.18 IN 2013
WITH THE CONTROOL OF COST OF GOODS SOLD.

19. EARNING PER SHER
Net income / shareholders’ equity
2013 2012 2011 2010 2009
42.72 54.74 34.90 43.80 17.62
17.62
43.8
34.9
42.72
0 0 0
54.74
250
200
150
100
50
0 Earning per share
2013 2012 2011 2010 2009
“COMMENTS “
PRICE EARNING RATIO SHOWS THE PRICE RATIO OF THE SOTOCK OF THE COMPANY WHICH IS
IN 2009 17.62 A LARGE INCREMENT IN 2011 IS @43.80SHOWS THE GREAT PERFORMANCE OF
THE COMPANY,
BUT IN 2011 REACHED DOWN WARD @34.9 MAY BE POSSIBLE DUE TO HIGH COMPITION AND
HIGHLY COST FACTORS BUT IN 2012 REACHED 54.74 FURTHER IN2013DECREASED @42.72
SUGGESTION……………..FINANCE MINISTRY OF THE COMPANY SHOUL CONTROOL THEIR
EARNING RATIO TO MAINTAIN COMPANY,S STABILITY NAD GOOD WILL

20. Dividend pay out
Total dividend / net income
2013 2012 2011 2010 2009
58.52 58.46 42.97 34.24 56.75

21. Dividend Per Share
Dividend / no of share
2013 2012 2011 2010 2009
25 32 15 15 10

23. TREND ANALYSIS OF NET SALE
200937,864,604.00
CHANGE IN TREND
NET SALES
2010 60,093,139.00 159%
2011 61,702,677.00 163%
2012 76,962,642.00 203%
2013 63,829,075.00 169%
NET SALE
159% 163%
203%
169%
250%
200%
150%
100%
50%
0%
2010 2011 2012 2013

24. TREND ANALYSIS OF COST OF GOODS SOLD
COST OF GOODS SOLD 2009 35,540,418.00 CHANGE IN TREND
COST OF GOODS SOLD
2010 55,382,306.00 156%
2011 57,613,542.00 162%
2012 70,400,788.00 198%
2013 57,972,038.00 163%
COST OF GOODS SOLD
156% 162%
198%
163%
250%
200%
150%
100%
50%
0%
2010 2011 2012 2013

25. TREND ANALYSIS OF GROSS PROFIT
2009 2,324,186.00
CHANGE IN TREND
2010 4,710,833.00 203%
2011 4,089,135.00 176%
2012 6,561,854.00 282%
2013 5,857,037.00 252%
203%
GROSS PROFIT
176%
282%
252%
300%
250%
200%
150%
100%
50%
0%
2010 2011 2012 2013

26. TREND ANALYSIS OF OPRATING EXPENSES
1. BASE AMOUT OF (2009)978,713.00 CHANGE IN TREND %
2010 1,266,177.00 129%
2011 1,508,443.00 154%
2012 1,964,354.00 201%
2013 1,894,398.00 194%
OPRATING & OTHER EXP,S
129%
154%
201% 194%
250%
200%
150%
100%
50%
0%
2010 2011 2012 2013

27. TREND ANALYSIS OF OPRATING INCOME
(2009) BASE AMOUNT 2,046,013.00
CHANG IN TREND
2010
5,242,539.00 256%
2011 4,011,455.00 196%
2012 6,312,267.00 309%
2013 4,969,775.00 243%
256%
OPRATING INCOME
196%
309%
243%
350%
300%
250%
200%
150%
100%
50%
0%
2010 2011 2012 2013

28. TREND ANALYSIS OF NET INCOME
2009 1,385,102.00 CHANGE IN TREND
2010 3,443,403.00 249%
2011 1,385,102.00 100%
2012 4,302,715.00 311%
2013 3,357,545.00 242%
249%
net income
100%
311%
242%
350%
300%
250%
200%
150%
100%
50%
0%
2010 2011 2012 2013

30. HORIZENTAL ANALYSIS OF BALANCE SHEET
BALANCE SHEET 2009 2010 Difference % 2011 Difference %
Fixed Assets 3,934 3,324 -610 -15.5 4,226 902 27.1
Long-term loans and advance 29 16 -13 -44.8 12 -4 (25.0)
Long-term deposits and prepayments 7 7 0 0.0 9 2 28.6
Differed taxation - - - - - - -
Store and spares 128 112 -16 -12.5 190 78 69.6
Stock in trade 4,089 5,198 1,109 27.1 5,690 492 9.5
Trade debts 1,737 1,613 -124 -7.1 1,356 -257 (15.9)
Loans and advances 895 840 -55 -6.1 926 86 10.2
Short-term prepayments and trade deposits 17 19 2 11.8 19 - -
Accrued return on bank deposits 51 57 6 11.8 53 -4 (7.0)
Other receivable 68 196 128 188.2 150 -46 (23.5)
Investments - - - - 4,993 - 100.0
Taxation-payment less provision - - - - 399 - 264.5
Cash and bank balances 9,731 15,756 6,025 61.9 8,812 -6,944 (44.1)
Total Assets 20,686 27,138 6,452 31.2 26,835 -5,695 (1.1)
Issued, Subscribed and paid-up capital 786 786 - - 786 - -
Reserves 9,511 11,802 2,291 24.1 13,334 1,532 13.0
Shareholder's Equity 10,297 12,588 2,291 22.2 14,120 1,532 12.2
Deffered taxation 504 326 -178 -35.3 454 128 39.3
Trade,other payables and provisions 3,943 5,905 1,962 49.8 5,741 -164 (2.8)
Advances from customers and dealers 5,927 8,075 2,148 36.2 6,520 -1,555 (19.3)
Accrued mark-up 1 1 0 0.0 - - -
Short term running finance - - - - - - -
Taxation-provion less payment 15 243 228 1,520.0 - - -
Total Equity and Liabilities 20,686 27,138 6,452 31.2 26,835 -303 (1.1)

31. 2011 2012 Difference % 2013 Difference %
4,226 3,473 -753 -17.8 2,742 -731 (21.0)
12 6 -6 -50.0 131 125 2,083.3
9 8 -1 -11.1 10 2 25.0
- - - - 35 - 121.80
190 178 -12 -6.3 154 -24 (13.5)
5,690 7,530 1,840 32.3 7,883 353 4.7
1,356 1,460 104 7.7 1,383 -77 (5.3)
926 945 19 2.1 1,558 613 64.9
19 21 2 10.5 11 -10 (47.6)
53 45 -8 -15.1 12 -33 (73.3)
150 448 298 198.7 162 -286 (63.8)
4,993 2,691 -2,302 -46.1 6,698 4,007 148.9
399 - - -85 131 - 320.30
8,812 10,771 1,959 22.2 4,195 -6,576 (61.1)
26,835 27,576 741 2.8 25,105 -2,471 (9.0)
786 786 - - 786 - -
13,334 16,228 2,894 21.7 16,907 679 4.2
14,120 17,014 2,894 20.5 17,693 679 4.0
454 166 -288 -63.4 - - -120.8
5,741 6,512 771 13.4 6,014 -498 (7.6)
6,520 3,824 -2,696 -41.3 1,399 -2,425 (63.4)
- - - - - - -
- - - - - - -
- 60 - 85.10 - - -320.3
26,835 27,576 741 2.8 25,106 -1,565 (9.0)
BALANCE SHEET
Fixed Assets
Long-term loans and advaance
Long-term deposits and prepayments
Deffered taxation
Store and spares
Stock in trade
Trade debts
Loans and advances
Short-term prepayments and trade deposits
Accrued return on bank deposits
Other receivable
Investments
Taxation-payment less provision
Cash and bank balances
Total Assest
Issued, Subscribed and paid-up capital
Reserves
Shareholder's Equity
Differed taxation
Trade,other payables and provisions
Advances from customers and dealers
Accrued mark-up
Short term running finance
Taxation-provion less payment
Total Equity and Liabilities

32. HORIZENTAL ANALYSIS OF INCOME
STATEMENT
PROFIT AND LOSS ACCOUNT 2,009 2,010 Difference % 2,011 Difference %
Net Sales 37,865 60,093 22,228 58.7 61,703 1,610 2.7
Cost of Sales 35,541 55,237 19,696 55.4 57,614 2,377 4.3
Gross Profit 2,324 4,856 2,532 109.0 4,089 (767) (15.8)
Distribution Cost 470 468 (2) (0.4) 690 222 47.4
Administrative Expense 352 382 30 8.5 463 81 21.2
Other Operating Expense 156 416 260 166.7 356 (60) (14.4)
Operating Income 727 1,796 1,069 147.0 1,508 (288) (16.0)
Operating profit before finance cost 2,073 5,386 3,313 159.8 4,088 (1,298) (24.1)
Finace Cost 27 144 117 433.3 77 (67) (46.5)
Profit before taxation 2,046 5,242 3,196 156.2 4,011 (1,231) (23.5)
Taxation 661 1,799 1,138 172.2 1,268 (531) (29.5)
Profit after taxation 1,385 3,443 2,058 148.6 2,743 (700) (20.3)

33. PROFIT AND LOSS ACCOUNT
Net Sales
Cost of Sales
Gross Profit
Distribution Cost
Administrative Expense
Other Operating Expense
Operating Income
Operating profit before finance
cost
Finace Cost
Profit before taxation
Taxation
Profit after taxation
2,011 2,012 Difference % 2,013 Difference %
61,703 76,963 15,260 24.7 63,829 (13,134) (17.1)
57,614 70,401 12,787 22.2 57,972 (12,429) (17.7)
4,089 6,562 2,473 60.5 5,857 (705) (10.7)
690 820 130 18.8 814 (6) (0.7)
463 628 165 35.6 644 16 2.5
356 516 160 44.9 436 (80) (15.5)
1,508 1,776 268 17.8 1,038 (738) (41.6)
4,088 6,373 2,285 55.9 5,000 (1,373) (21.5)
77 61 (16) (20.8) 31 (30) (49.2)
4,011 6,312 2,301 57.4 4,970 (1,342) (21.3)
1,268 2,010 742 58.5 1,612 (398) (19.8)
2,743 4,303 1,560 56.9 3,358 (945) (22.0)

35. VERTICAL ANALYSIS OF BALANCE SHEET
VERTICAL ANALYSIS OF TOYOTA COMPANY
RS in Million
Balance sheet 2013 %age 2012 %age 2011 %age 2010 %age 2009 %age 2008 %age
Fixed Assets 2742 10.9 3473 12.59428489 4226 15.74 3324 12.2 3934 19 40334 29.3
long term loans 131 0.5 6 0.02175805 12 0 16 0.1 29 0.1 42 0.3
long term deposits 10 0 8 0.029010734 9 0 7 0 7 0 7 0.1
Deffered taxation 35 0.14 - - 0.7 - - -
Stores &spares 154 0.6 178 27.3 190 21.2 112 0.4 128 0.6 232 1.7
Stock in trade 7883 31.4 7530 5.3 5690 5.1 5198 19.2 4089 19.9 2638 19.2
Trade debt 1383 5.5 1460 3.4 1356 3.5 1613 5.9 1737 8.4 1333 9.6
loans&advances 1558 6.2 945 0.1 926 0.1 840 3.1 895 4.3 737 5.4
short term prepayments 11 0 21 0.2 19 0.2 19 0.1 17 0.1 23 0.2
Accrued return on bank 12 0 45 1.6 53 0.6 57 0.2 51 0.2 35 0.3
Deposits
other recievables 162 0.6 448 9.8 150 18.6 196 0.7 68 0.7 74 0.5
Investments 6698 26.7 2691 4993 1.6 - - 54 0.4
131 0.52 - 399 1.5 - - 210 1.5
Taxation
Cash balances 4195 16.7 10771 39.1 8812 32.8 15756 58.1 9731 58.1 4329 31.5
Total Assets 25105 100 27576 100 26835 100 27138 100 20686 100 13748 100
Issued capital 786 3.1 786 2.9 786 2.9 786 2.9 786 3.8 786 5.7
16907 67.3 16228 58.8 13334 49.7 11802 43.5 9511 46 4329 31.5
Reserves
Shareholder equity 17693 70.5 17014 61.7 14120 52.6 12588 46.4 10297 49.8 9436 68.6
Deffered taxation - - 166 0.6 454 1.7 326 1.2 504 2.4 532 3.9
trade other payables 6014 24 6512 23.6 5741 21.4 5905 21.8 3943 19.1 2837 20.6
Advance from customr 1399 5.6 3824 13.9 6520 24.3 8075 29.7 5927 28.6 943 6.9
Accrued mark up 0 0 - - - - 1 0 1 0 - -
short term finance - - - - - - - - - - - -

36. 0
5000
10000
15000
20000
25000
30000
2013
TOTAL ASSET
0
5000
10000
15000
20000
25000
30000
Fixed Assets
long term loans
long term deposits
Deffered taxation
Stores &spares
Stock in trade
Trade debt
loans&advances
short term prepayments
Accrued return on bank
Deposits
other recievables
Investments
Taxation
Cash balances
Total Assets
30000
2011
0
5000
10000
15000
20000
25000
Fixed Assets
long term loans
long term deposits
Deffered taxation
Stores &spares
Stock in trade
Trade debt
loans&advances
short term prepayments
Accrued return on bank
Deposits
other recievables
Investments
Taxation
Cash balances
Total Assets
2012

37. 0
5000
10000
15000
20000
25000
30000
Fixed Assets
long term loans
long term deposits
Deffered taxation
Stores &spares
Stock in trade
Trade debt
loans&advances
short term prepayments
Accrued return on bank
Deposits
other recievables
Investments
Taxation
Cash balances
Total Assets
2010
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
Fixed Assets
long term loans
long term deposits
Deffered taxation
Stores &spares
Stock in trade
Trade debt
loans&advances
short term prepayments
Accrued return on bank
Deposits
other recievables
Investments
Taxation
Cash balances
Total Assets
2009

38. 16000
14000
12000
10000
8000
6000
4000
2000
0
2011
TOTAL SHARE HOLDERS EQUITY
Issued capital Reserves Shareholder equity
20000
18000
16000
14000
12000
10000
8000
6000
4000
2000
0
2013
Issued capital Reserves Shareholder equity
18000
16000
14000
12000
10000
8000
6000
4000
2000
0
2012
Issued capital Reserves Shareholder equity

39. VERTICAL ANALYSIS OF INCOME SATATEMENT
2013 %age 2012 %age 2011 %age 2010 %age 2009 %age 2008 %age
63829 100 76963 100 61703 100 60093 100 37865 100 41424 100
Net sale
Cost of sales 57972 90.8 70401 91.5 57614 93.4 55237 91.9 35541 93.9 37576 90.7
Gross Profit 5857 9.2 6562 8.5 4089 6.6 4856 8.1 2324 6.1 3848 9.3
Distribution costs 814 1.3 820 1.1 690 1.1 468 0.8 470 1.2 487 1.2
Administrative expense 644 1 628 0.8 463 0.8 382 0.6 352 0.9 297 0.7
other operating exp 436 0.7 516 0.7 356 0.6 416 0.7 150 0.4 306 0.7
Operating income 1038 1.6 1776 2.3 1508 2.4 1796 3 727 1.9 787 1.9
finance cost 5000 7.8 6373 8.3 4088 6.6 5386 9 2073 5.5 3545 8.6
finance cost 31 0 61 0.1 77 0.1 144 0.2 27 0.1 3 0
profit before tax 4970 7.8 6312 8.2 4011 6.5 5242 8.7 2046 5.4 3542 8.6
1612 2.5 2010 2.6 1268 2.1 1799 3 661 1.7 1251 3
Taxation
profit after tax 3358 5.3 4303 5.6 2743 4.4 3443 5.7 1385 3.7 2291 5.5

40. 120
100
80
60
40
20
0
2013
120
100
80
60
40
20
0
2012

41. 120
100
80
60
40
20
120
100
80
60
40
20
0
2009
0
2010

43. PARTICULAR 2010 2009 Index No
Change in
amount
Horizantal
Change
cash generated from operation 7,952,792.00 6,538,777.00 121.63 1,414,015.00 21.63
interest paid (774,151.00) (8,267.00) 9,364.35 (765,884.00) 9,264.35
workers profit participation fund paid (282,674.00) (105,538.00) 267.84 (177,136.00) 167.84
workers welfar fund paid (37,587.00) (50,069.00) 75.07 12,482.00 (24.93)
interest received 1,605,244.00 612,950.00 261.89 992,294.00 161.89
income tax paid (1,749,120.00) (465,156.00) 376.03 (1,283,964.00) 276.03
movement in long term loans and advance 12,939.00 13,832.00 93.54 (893.00) (6.46)
movement in long term deposits and prepayment 100.00 - 100.00
net cash generated from operatingactivities 7,424,279.00 6,536,529.00 113.58 887,750.00 13.58
CASH FLOWS FROM INVESTING ACTIVITIES
fixed capital expenditure (270,252.00) (721,823.00) 37.44 451,571.00 (62.56)
proceeds from disposal of fixed assets 19,864.00 42,806.00 46.40 (22,942.00) (53.60)
investment in listed mutual fund units (1,490,000.00) - (1,490,000.00)
proceeds from redemption of flisted mutual fund 1,515,186.00 55,922.00 2,709.46 1,459,264.00 2,609.46
parchase of market treasury bills -
proceeds from redemption of market treasury bill -
net cash (used in )/ generated from investment activities (225,202.00) (623,095.00) 36.14 397,893.00 (63.86)
-
CASH FLOWS FROM FINANCING ACTIVITIES
dividend paid (1,174,263.00) (510,853.00) 229.86 (663,410.00) 129.86
net cash used in financing activities (1,174,263.00) (510,853.00) 229.86 (663,410.00) 129.86
net(decrease) / increase in cash and cash equavilant 6,024,814.00 5,402,581.00 111.52 622,233.00 11.52
cash and cash equivalents at the begnning of the year 9,731,166.00 4,328,585.00 224.81 5,402,581.00 124.81
cash and cash equivalents at the end of the year 15,755,980.00 9,731,166.00 161.91 6,024,814.00 61.91

44. PARTICULAR 2011 2010 Index
Change in
Amount
Horizanta
l change
CASH FLOWS FROM OPERATING ACTIVITIES
cash generated from operation 1,806,008.00 7,952,792.00 22.71 (6,146,784.00) (77.29)
interest paid (25,443.00) (774,151.00) 3.29 748,708.00 (96.71)
workers profit participation fund paid (205,836.00) (282,674.00) 72.82 76,838.00 (27.18)
workers welfar fund paid (110,469.00) (37,587.00) 293.90 (72,882.00) 193.90
interest received 1,017,491.00 1,605,244.00 63.39 (587,753.00) (36.61)
income tax paid (1,781,441.00) (1,749,120.00) 101.85 (32,321.00) 1.85
movement in long term loans and advance 3,621.00 12,939.00 27.99 (9,318.00) (72.01)
movement in long term deposits and prepayment 2,100.00 100.00 2,100.00 2,000.00 2,000.00
net cash generated from operatingactivities 701,831.00 7,424,279.00 9.45 (6,722,448.00) (90.55)
CASH FLOWS FROM INVESTING ACTIVITIES
fixed capital expenditure (1,877,040.00) (270,252.00) 694.55 (1,606,788.00) 594.55
proceeds from disposal of fixed assets 15,548.00 19,864.00 78.27 (4,316.00) (21.73)
investment in listed mutual fund units (7,059,000.00) (1,490,000.00) 473.76 (5,569,000.00) 373.76
proceeds from redemption of flisted mutual fund 4,372,743.00 1,515,186.00 288.59 2,857,557.00 188.59
parchase of market treasury bills (7,048,403.00) (7,048,403.00)
proceeds from redemption of market treasury bill 5,124,596.00 5,124,596.00
net cash (used in )/ generated from investment activities (6,471,556.00) (225,202.00) 2,873.67 (6,246,354.00) 2,773.67
CASH FLOWS FROM FINANCING ACTIVITIES
dividend paid (1,174,056.00) (1,174,263.00) 99.98 207.00 (0.02)
net cash used in financing activities (1,174,056.00) (1,174,263.00) 99.98 207.00 (0.02)
net(decrease) / increase in cash and cash equavilant (6,943,781.00) 6,024,814.00 (115.25) (12,968,595.00) (215.25)
cash and cash equivalents at the begnning of the year 15,755,980.00 9,731,166.00 161.91 6,024,814.00 61.91
cash and cash equivalents at the end of the year 8,812,199.00 15,755,980.00 55.93 (6,943,781.00) (44.07)

45. PARTICULAR 2012 2011 Index NO
Change in
Amount
Horizantal
Change
CASH FLOWS FROM OPERATING ACTIVITIES
cash generated from operation 2,220,937.00 1,806,008.00 122.97 414,929.00 22.97
interest paid (22,739.00) (25,443.00) 89.37 2,704.00 (10.63)
workers profit participation fund paid (349,613.00) (205,836.00) 169.85 (143,777.00) 69.85
workers welfar fund paid (80,299.00) (110,469.00) 72.69 30,170.00 (27.31)
interest received 994,665.00 1,017,491.00 97.76 (22,826.00) (2.24)
income tax paid (1,842,377.00) (1,781,441.00) 103.42 (60,936.00) 3.42
movement in long term loans and advance 5,934.00 3,621.00 163.88 2,313.00 63.88
movement in long term deposits and prepayment 1,400.00 2,100.00 66.67 (700.00) (33.33)
net cash generated from operatingactivities 927,978.00 701,831.00 132.22 226,147.00 32.22
CASH FLOWS FROM INVESTING ACTIVITIES
fixed capital expenditure (561,128.00) (1,877,040.00) 29.89 1,315,912.00 (70.11)
proceeds from disposal of fixed assets 48,994.00 15,548.00 315.11 33,446.00 215.11
investment in listed mutual fund units (10,786,000.00) (7,059,000.00) 152.80 (3,727,000.00) 52.80
proceeds from redemption of flisted mutual fund 14,022,243.00 4,372,743.00 320.67 9,649,500.00 220.67
parchase of market treasury bills (10,163,583.00) (7,048,403.00) 144.20 (3,115,180.00) 44.20
proceeds from redemption of market treasury bill 9,880,002.00 5,124,596.00 192.80 4,755,406.00 92.80
net cash (used in )/ generated from investment activities 2,440,528.00 (6,471,556.00) (37.71) 8,912,084.00 (137.71)
CASH FLOWS FROM FINANCING ACTIVITIES
dividend paid (1,409,405.00) (1,174,056.00) 120.05 (235,349.00) 20.05
net cash used in financing activities 1,409,405.00 (1,174,056.00) (120.05) 2,583,461.00 (220.05)
net(decrease) / increase in cash and cash equavilant (1,959,101.00) (6,943,781.00) 28.21 4,984,680.00 (71.79)
cash and cash equivalents at the begnning of the year 8,812,199.00 15,755,980.00 55.93 (6,943,781.00) (44.07)
cash and cash equivalents at the end of the year 10,771,300.00 8,812,199.00 122.23 1,959,101.00 22.23

46. PARTICULAR 2013 2012 Index
Change in
Amount
Horizantal
Change
CASH FLOWS FROM OPERATING ACTIVITIES
cash generated from operation 2,253,021.00 2,220,937.00 101.44 32,084.00 1.44
interest paid (324.00) (22,739.00) 1.42 22,415.00 (98.58)
workers profit participation fund paid (264,000.00) (349,613.00) 75.51 85,613.00 (24.49)
workers welfar fund paid (132,181.00) (80,299.00) 164.61 (51,882.00) 64.61
interest received 419,730.00 994,665.00 42.20 (574,935.00) (57.80)
income tax paid (2,000,421.00) (1,842,377.00) 108.58 (158,044.00) 8.58
movement in long term loans and advance (125,322.00) 5,934.00 (2,111.93) (131,256.00) (2,211.93)
movement in long term deposits and prepayment (1,845.00) 1,400.00 (131.79) (3,245.00) (231.79)
net cash generated from operatingactivities 148,658.00 927,978.00 16.02 (779,320.00) (83.98)
CASH FLOWS FROM INVESTING ACTIVITIES
fixed capital expenditure (547,055.00) (561,128.00) 97.49 14,073.00 (2.51)
proceeds from disposal of fixed assets 35,408.00 48,994.00 72.27 (13,586.00) (27.73)
investment in listed mutual fund units (15,191,959.00) (10,786,000.00) 140.85 (4,405,959.00) 40.85
proceeds from redemption of flisted mutual fund 11,441,973.00 14,022,243.00 81.60 (2,580,270.00) (18.40)
parchase of market treasury bills (7,729,660.00) (10,163,583.00) 76.05 2,433,923.00 (23.95)
proceeds from redemption of market treasury bill 7,912,508.00 9,880,002.00 80.09 (1,967,494.00) (19.91)
net cash (used in )/ generated from investment activities (4,078,785.00) 2,440,528.00 (167.13) (6,519,313.00) (267.13)
CASH FLOWS FROM FINANCING ACTIVITIES
dividend paid (2,645,871.00) (1,409,405.00) 187.73 (1,236,466.00) 87.73
net cash used in financing activities (2,645,871.00) 1,409,405.00 (187.73) (4,055,276.00) (287.73)
net(decrease) / increase in cash and cash equavilant (6,575,998.00) (1,959,101.00) 335.66 (4,616,897.00) 235.66
cash and cash equivalents at the begnning of the year 10,771,300.00 8,812,199.00 122.23 1,959,101.00 22.23
cash and cash equivalents at the end of the year 4,195,302.00 10,771,300.00 38.95 (6,575,998.00) (61.05)

47. CASH FROM OPERATING ACTIVITIES
2013 2012 2011 2010
40
20
0
-20
-40
-60
-80
-100
Series1 -83.98043919 32.22242962 -90.54681269 13.58136711
“COMMENTS “ (CFO)
An accounting item indicating the money a company brings in from ongoing, regular business activities, such as
manufacturing and selling goods or providing a service. Cash flow from operating activities does not include long-term
capital or investment costs. It does include earnings before interest and taxes plus depreciation minus taxes.
OPRATING ACTIVITIES SHOWS THE CURRENT INTERNAL PERFORMANCE OF THE COMPANY REGARDING
SALES AND PURCHASING OF GOODS AND SERVICES.
IN THE YEAR OF 2010TREND SHOWS THE 13.581 %DECREASED IN NEXT YEAR @(-90.54)
SHOWS THE PAYMENTS OF LAIBLATIES, IN 2012INCREASED @32.222 AND IN 2013(-83.98)
NOTE…………COMPANY INVESTED ITS CASH INTO BUSINESS ACTIVITES

48. CASH FROM INVESTING ACTIVITIES
2013 2012 2011 2010
3000
2500
2000
1500
1000
500
0
-500
Series1 -267.1271545 -137.7116106 2773.667197 -63.85751771
“COMMENTS”
Any cash flow changes that result from the purchase or sale of investment assets belong in the investing
activities cash flows portion of the statement of cash flows.
Whenever a company purchases or sells any form of investment, including large, long-term assets, the cash
flows result in either a gain or loss in cash from the total cash and cash equivalents (although they could also
breakeven). Some of the most common transactions that show up in this section are
Trend shows in 2010 (63.857) shows spending on investments the next year shows received dividend
277.3% further in the next year goes to (137.711) investment activities shows high expected growth of
the organization, further in 2013 shows the high trend (267.127)

49. FINANCING ACTIVITIES
2013 2012 2011 2010
80
60
40
20
0
-20
-40
-60
-80
Series1 -61.05110804 22.23169268 -44.07076551 61.91256012
“COMMENTS”
FINANCING ACTIVITIES SHOWS THE PERFORMANCE OF SHARE HOLDER, S EQUITY
AND LONG TERM LAIBLATIES.
DIVIDEND AND INTERST PAID IS THE FIANACING ACTIVITY BECAUSE THEY ARE
COSTS OF OBTAING FINACIAL RESOURCE
TREND SHOWS IN THE YEAR OF 2010 @61.912% IN THE NEXT YEAR DECREASED @
(44.07)
FURTHER INCREASED IN 2012 ,22.231 % AND IN THE YEAR OF 2013 (61.05 %)

51. INVSTORS
INFORMATION
2009 2010 2011 2012 2013
GROSS PROFIT RATIO 6.14 8.08 6.63 8.53 9.18
NET PROFIT RATIO 3.66 5.73 4.45 5.59 5.26
EARNING PER SHARE 17.62 43.81 34.9 54.74 42.72
INVENTORY TURN OVER 11 12 11 11 8
DEBT COLLECTION PERIOD 14 10 9 7 8
AVG FIX ASSETS 9.5 16.56 16.34 19.99 20.54
MARKET PRICE PER SHARE
PRICE EARNING RATIO 6.11 5.99 6.3 4.48 7.28
DEVIDEND PER SHARE 10 15 15 32 25
DEVIDEND PAY OUT 56.75 34.24 42.98 58.46 58.52
RETURN ON EQUITY 13.45 27.36 19.43 25.29 18.98
DEBT TO EQUITY 0:01 0:01 0:01 0:01 0:01
CURRENT RATIO 1.67:1 1.67:1 1.84:1 2.32:1 2.99:1

60. Financial indicators and performance
income statement 2013 2012 2011 2010 2009
net revenue 63829075 76962642 61702677 60093139 37864604
gross profit 5857037 6561854 4089135 4856514 2324186
profit before taxation 4969775 6312267 4011456 5242539 2046013
Profit after taxation 3357545 4302715 2743384 3443403 1385102
dividends 1965000 2515200 1179000 1179000 786000
BALANCE SHEET 2013 2012 2011 2010 2009
SHARE CAPITAL 786000 786000 786000 786000 786000
RESERVES 16906708 16227858 13333648 11801615 9510973
FIXED ASETS 2742140 3472906 4225710 3324333 3934473
NET CURRENT ASSETS 14774917 13693056 10326779 9566387 6830469

61. 63829075
76962642
NET REVENUES
61702677 60093139
37864604
90000000
80000000
70000000
60000000
50000000
40000000
30000000
20000000
10000000
0
1 2 3 4 5
“COMMENTS”
PERFORMANCE OF THE COMPANY SHOWS THE NET REVENUE WHICH IS FULLY MAIN POINT OF ALL OTHER OPRATING ACTIVITIES IN 2009
REVENUES OF TOYOTA IS 3786404 INCREASED IN 2010 @ 60093139 LIKE WISE A LITTLE INCREASED NEXT YEAR BUT IN 2012 A GREAT
CHANGE IN THE REVENUE @ 76962642 BUT FURTHER DECREASED IN 2013 @ 63829075
SUGESSTION……………………COMPANY,S MANAGEMENT TEAM SHOULD CONTROLL THEIR COST ELEMENTS LIKE
COST OF GOODS SOLD ,ADMIN AND OPRATING EXPENSE.

62. 2742140
3472906
FIX ASSETS
Series1
4225710
3324333
3934473
4500000
4000000
3500000
3000000
2500000
2000000
1500000
1000000
500000
0
1 2 3 4 5
“COMMENTS
FIX ASSETS OF THE COMPANY HELP TO MAINTAIN THE STABILITY AND FUNCTIONS OF REVENUES WHICH ARE VITAL TO ANY COMPANY.
IN THIS REPORT ASSETS SHOWS IN 2009 @3934473 WHICH DECREASED IN 2010 @332433 WHICH INDICATES THE LOSE PERFORMANCE AND LESS
INTREST OF OWNERS AN INVESTERS, BUT FURTHER IN NEXT YEAR INCREASED @4225710 , AFTER THAT DECREASED IN@3472906 AND IN 2013
@2742140 SHOWS
SUGESSTION…………………FIX ASSETS SHOULD BE INCREASED TO MAINTAIN ITS GOOD WILL AND CAPICITY OF OPRATING SYSTEM

63. 4969775
profir before taxation
6312267
4011456
5242539
2046013
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
1 2 3 4 5
“COMMENTS “
PROFIT BEFORE TAXATION IN 2009 IS 2046013 WHICH IS INCREAESD IN 2010 A LARGE CHANGE IN PROFIT INCREASED @5242539 SHOWS THE
GRREAT PERFORMANCE OF THE COMPAMY BUT IN 2011 A LITTLE DECRESED @4011456 FURTHER IN 2012 GREAT CHANGE INCREASED @6312267
SHOWS CONTROLL OF COST ELEMENTS . FURTHER IN 2013 DUE TO THE GREAT COMPITION COMPANY,S PROFIT DECRESED .
SUGESSTION………………… COMPANY TEAM SHOULD INCRESED OF ITS SALE AND CONTROLL OF COST AND OTHER OPRATING EXPENSE

64. 3357545
profit after taxation
4302715
2743384
3443403
1385102
5000000
4500000
4000000
3500000
3000000
2500000
2000000
1500000
1000000
500000
0
1 2 3 4 5
“COMMENTS “
GROSS PROFIT OF THE COMPANY SHOWS THE GROSS PERFORMANCE OF THE COMPANY, IN THIS CHART GROSS PROFIT SHOWS IN 2009
IS2324186 BUT IN 2010 A GREAT INCREMENT IN 2010@4856514 WHICH INDICATE THE GROWTH OF THE COMPANY IN 2011 A LITTLE
CHANGE IN GROSS PROFIT DECREASED DUE TO COST OF OPRATING SYSTEMS BUT FURTHER MANAGENT TEAM CONTROLLED ITS COST OF
GOODS SOLD AND GOT A LARGE INCREMENT IN GROSS PROFIT @6561854 AND A GREAT SECCCESS TO AVAIL ORGNIZATIONAL
OBJECTIVES.

65. share capital
786000 786000 786000 786000 786000
1000000
800000
600000
400000
200000
0
1 2 3 4 5
“COMMENTS”
SHARE CAPITAL SHOWS THE PUBLIC OWNERSHIP IN THE ORGNIZATION TOYOTA MAINTAIN ITS SHARE VERY CARE FULLY WHICH IS 786000 IND
SAME IN STILL 2013 WHICH PROVED THE COMPANY HAVE NO INCREMENT IN PUBLIC OWNERSHIP.
NOTE……….WHICH IS VITAL FOR INVESTORS,WHOLE PROFIT WOULD BE DISTRIBUTED AMONG LIMITED SHARE
HOLDERS.

66. 14774917
13693056
NET ASSETS
10326779
9566387
6830469
16000000
14000000
12000000
10000000
8000000
6000000
4000000
2000000
0
1 2 3 4 5
“COMMENTS”
NET ASSETS OF THE COMPANY CREATE THE SITUATION TO FACE CREDIT AND LAIBLATIES OF THE COMPANY IN 2009 WHICH ARE 6830469 NAD
INCREMENT IN 2010@9566387 WHICH IS VITAL FOR THE ORGNAZATIONAL OPRATING ACTIVITIES LIKE THIS REGULARLY INCREMENT OF NET
CREDIT ASSTES @ 14774917
NOTE……….. IN DECREASES IN NET ASSETS HAVE BEEN SEEN WHICH IS INDICATION TO GOOD PERFORMANCE OF TOYOTA

67. 16906708
16227858
RESERVES
Series1
13333648
11801615
9510973
18000000
16000000
14000000
12000000
10000000
8000000
6000000
4000000
2000000
0
1 2 3 4 5
“COMMENTS”
RESERVES OF THE THE ACCOUNTING SYSTEM HELP TO INCRESED IN INVESTMENT WITH THE HELP OF ORGNAZATIONAL DEVIDEND,
IT’S A POLICY ACCOUNT TO INCRESED ORGNIZATIONAL SIZE AND INVEST MENT ,
IN THIS CHART RESERVES OF THE COMPANY INCRESED REGULARLY FROM 9510973 TO 16906708
NOTE………….COMPANY HAVE BEEN MAINTAINED A GOOD RESERVES TO INCRESED ORGNIZATIONAL
ACTIVITIES.

68. FINANCIAL PERFORMANCE ANALYSIS
Financial performance analysis is the process of identifying the financial strengths and weaknesses of the
firm by properly establishing the relationship between the items of balance sheet and profit and loss
account. It also helps in short-term and long term forecasting and growth can be identified with the help
of financial performance analysis. The dictionary meaning of ‘analysis’ is to resolve or separate a thing in
to its element or components parts for tracing their relation to the things as whole and to each other. The
analysis of financial statement is a process of evaluating the relationship between the component parts of
financial statement to obtain a better understanding of the firm’s position and performace.This analysis
can be undertaken by management of the firm or by parties outside the namely,
owners,creditors,investors.

69. FOR THE YEAR 2013 2012 2011 2010 2009
UNITS SOLD 38517 55060 50943 52063 35276
NET REVENUES (BILLIONS) 63.8 77 61.7 60.1 39.9
PROFIT BEFORE TAXATION 5 6.3 4 5.2 2
NET INCOME 3.4 4.3 2.7 3.4 1.4
RETURN ON EQUITY 19 25.3 19.4 27.4 13.5
PER SHARE DATA (RS)
EPS 42.7 54.7 34.9 43.8 17.6
CASH DEVIDEND 25 32 15 15 10
SHARE HOLDERS EQUITY
225.3 216.5 179.6 160.3 131
(BILLIONS)
AT THE ENDING YEAR
TOTAL ASSETS 25.1 27.6 26.8 27.1 20.7
SHARE HOLDER,S EQUITY 17.7 17 14.1 12.6 10.3
SHARE PERFORMANCE
PRICE PER SHARE 311 245.1 220 262.4 107.7
MARKET CAPITILIZATION (RS IN
BILLIONS)
24.4 19.3 17.3 20.6 8.5

70. 38517
55060
UNITS SOLD
50943 52063
35276
0 0 0 0 0 0 0 0 0 0
2013 2012 2011 2010 2009
5
PROFIT BEFORE TAXATION
6.3
4
5.2
2
2013 2012 2011 2010 2009
19
RETURN ON EQUITY
25.3
19.4
27.4
13.5
2013 2012 2011 2010 2009
3.4
4.3
Net Income
2.7
3.4
1.4
2013 2012 2011 2010 2009

71. 42.7
54.7
EPS
RS
34.9
43.8
17.6
2013 2012 2011 2010 2009
25
CASH DIVIDEND
32
RS
15 15
10
2013 2012 2011 2010 2009
SHARE HOLDER EQUITY
225.5 216.5
179.6
160.3
131
2013 2012 2011 2010 2009
25.1
TOTAL ASSETS
27.6 26.8 27.1
20.7
2013 2012 2011 2010 2009
311
PRICE PER SHARE
245.1
220
262.4
107.7
2013 2012 2011 2010 2009