Indus Motor Company Ltd.

Vertical Analysis Horizontal Analysis

2020 vs 2019 vs 2018 vs 2017 vs 2016 vs

2020 2019 2018 2017 2016 2015 2020 2019 2018 2017 2016 2015 2020 2019 2018 2017 2016 2015
2019 2018 2017 2016 2015
STATEMENT OF FINANCIAL STATEMENT OF FINANCIAL
POSITION ----------------------- (Rs in million) ----------------------
---- ---------------------- (Percentage) ------------------------ POSITION ----------------------------- (Rs in million) ----------------------------- ------------------------- (Percentage) -------------------------

Property, plant and equipment 16,502 13,805 7,225 6,258 4,919 5,184 20.56 21.31 8.82 9.80 8.55 10.29 Property, plant and equipment 16,502 13,805 7,225 6,258 4,919 5,184 19.54 91.07 15.45 27.22 (5.11)
Intangibles 73 93 87 88 19 10 0.09 0.14 0.11 0.14 0.03 0.02 Intangibles 73 93 87 88 19 10 (21.51) 6.90 (1.14) 356.17 98.32
Long-term loans and advances 12 16 49 9 4 11 0.01 0.02 0.06 0.01 0.01 0.02 Long-term loans and advances 12 16 49 9 4 11 (25.00) (67.35) 444.44 137.22 (65.81)
Long-term investments - - - - 5,006 4,955 - - - - 8.70 9.83 Long-term investments - - - - 5,006 4,955 - - - (100.00) 1.03
Long-term deposits 10 11 9 9 10 10 0.01 0.02 0.01 0.01 0.02 0.02 Long-term deposits 10 11 9 9 10 10 (9.09) 22.22 - (9.53) 2.91
Deferred taxation 64 - 14 74 199 5 0.08 - 0.02 0.12 0.35 0.01 Deferred taxation 64 - 14 74 199 5 115.06 (3,135.71) (81.08) (62.74) 3,851.10
Stores and spares 478 544 301 204 154 179 0.60 0.84 0.37 0.32 0.27 0.35 Stores and spares 478 544 301 204 154 179 (12.13) 80.73 47.55 32.85 (14.02)
Stock-in-trade 15,933 13,560 11,151 9,318 7,785 6,150 19.85 20.93 13.61 14.59 13.53 12.20 Stock-in-trade 15,933 13,560 11,151 9,318 7,785 6,150 17.50 21.60 19.67 19.69 26.58
Trade debts 1,142 2,548 1,453 759 1,132 448 1.42 3.93 1.77 1.19 1.97 0.89 Trade debts 1,142 2,548 1,453 759 1,132 448 (55.18) 75.36 91.44 (32.93) 152.75
Loans and advances 2,991 3,728 3,715 1,653 1,125 1,221 3.73 5.75 4.53 2.59 1.96 2.42 Loans and advances 2,991 3,728 3,715 1,653 1,125 1,221 (19.77) 0.35 124.74 46.87 (7.79)
Short-term prepayments 27 32 15 21 46 19 0.03 0.05 0.02 0.03 0.08 0.04 Short-term prepayments 27 32 15 21 46 19 (15.63) 113.33 (28.57) (53.87) 140.60
Accrued return 111 35 120 376 513 419 0.14 0.05 0.15 0.59 0.89 0.83 Accrued return 111 35 120 376 513 419 217.14 (70.83) (68.09) (26.76) 22.57
Other receivables 439 3,110 556 402 191 168 0.55 4.80 0.68 0.63 0.33 0.33 Other receivables 439 3,110 556 402 191 168 (85.88) 459.35 38.31 110.14 14.04
Short-term investments 41,195 23,402 55,031 41,488 33,697 26,257 51.31 36.12 67.17 64.95 58.57 52.10 Short-term investments 41,195 23,402 55,031 41,488 33,697 26,257 76.03 (57.47) 32.64 23.12 28.34
Taxation - payment less provision 131 617 - - - - 0.16 0.95 - - - - Taxation - payment less provision 131 617 - - - - (78.77) 136.49 - - -
Cash and bank balances 1,171 3,282 2,201 3,221 2,738 5,365 1.46 5.07 2.69 5.04 4.76 10.65 Cash and bank balances 1,171 3,282 2,201 3,221 2,738 5,365 (64.32) 49.11 (31.67) 17.66 (48.98)
Total Assets 80,279 64,783 81,927 63,880 57,537 50,399 100.00 100.00 100.00 100.00 100.00 100.00 Total Assets 80,279 64,783 81,927 63,880 57,537 50,399 23.92 (20.93) 28.25 11.02 14.16

Issued, subscribed and paid up capital 786 786 786 786 786 786 0.98 1.21 0.96 1.23 1.37 1.56 Issued, subscribed and paid up capital 786 786 786 786 786 786 - - - - -
Reserves 40,383 39,259 35,958 30,411 26,844 23,250 50.30 60.60 43.89 47.61 46.65 46.13 Reserves 40,383 39,259 35,958 30,411 26,844 23,250 2.86 9.18 18.24 13.29 15.46
Shareholders' Equity 41,169 40,045 36,744 31,197 27,630 24,036 51.28 61.81 44.85 48.84 48.02 47.69 Shareholders' Equity 41,169 40,045 36,744 31,197 27,630 24,036 2.81 8.98 17.78 12.91 14.95
Long term loan 479 81 - - - - 0.60 0.13 - - - - Long term loan 479 81 - - - - 491.36 - - - -
Deferred taxation - 425 - - - - - 0.66 - - - - Deferred taxation - 425 - - - - (115.06) 3,135.71 - - -
Deferred revenue 32 57 27 4 - - 0.04 0.09 0.03 0.01 - - Deferred revenue 32 57 27 4 - - (43.86) 111.11 575.00 - -
Trade, dividend and other payables 14,065 16,245 15,974 9,683 10,035 9,181 17.52 25.08 19.50 15.16 17.44 18.22 Trade, dividend and other payables 14,065 16,245 15,974 9,683 10,035 9,181 (13.42) 1.70 64.97 (3.51) 9.31
Advances from customers and dealers 24,534 7,930 27,491 22,189 19,127 16,193 30.56 12.24 33.56 34.74 33.24 32.13 Advances from customers and dealers 24,534 7,930 27,491 22,189 19,127 16,193 209.38 (71.15) 23.89 16.01 18.12
Taxation - provision less payment - - 1,691 807 745 990 - - 2.06 1.26 1.29 1.96 Taxation - provision less payment - - 1,691 807 745 990 - (136.49) 109.54 8.34 (24.78)
Total Equity and Liabilities 80,279 64,783 81,927 63,880 57,537 50,399 100.00 100.00 100.00 100.00 100.00 100.00 Total Equity and Liabilities 80,279 64,783 81,927 63,880 57,537 50,399 23.92 (20.93) 28.25 11.02 14.16

PROFIT AND LOSS ACCOUNT PROFIT AND LOSS ACCOUNT

Net sales 86,167 157,996 139,716 111,943 108,759 96,516 100.00 100.00 100.00 100.00 100.00 100.00 Net sales 86,167 157,996 139,716 111,943 108,759 96,516 (45.46) 13.08 24.81 2.93 12.68
Cost of sales 78,716 138,805 115,831 92,450 91,027 82,272 91.35 87.85 82.9 82.59 83.70 85.24 Cost of sales 78,716 138,805 115,831 92,450 91,027 82,272 (43.29) 19.83 25.29 1.56 10.64
Gross profit 7,451 19,191 23,885 19,493 17,731 14,244 8.65 12.15 17.10 17.41 16.30 14.76 Gross profit 7,451 19,191 23,885 19,493 17,731 14,244 (61.17) (19.65) 22.53 9.94 24.48
Distribution costs 1,469 1,404 1,284 1,228 1,061 996 1.70 0.89 0.92 1.10 0.98 1.03 Distribution costs 1,469 1,404 1,284 1,228 1,061 996 4.63 9.35 4.56 15.75 6.51
Administrative expenses 1,385 1,410 1,524 1,053 931 799 1.61 0.89 1.09 0.94 0.86 0.83 Administrative expenses 1,385 1,410 1,524 1,053 931 799 (1.77) (7.48) 44.73 13.13 16.54
Other operating expenses 197 235 194 177 144 119 0.23 0.15 0.14 0.16 0.13 0.12 Other operating expenses 197 235 194 177 144 119 (16.17) 21.13 9.60 23.05 20.42
WPPF and WWF 232 1,406 1,705 1,418 1,285 1,052 0.27 0.89 1.22 1.27 1.18 1.09 WPPF and WWF 232 1,406 1,705 1,418 1,285 1,052 (83.50) (17.54) 20.24 10.31 22.15
Operating income 3,205 4,307 3,901 3,593 3,164 2,907 3.72 2.73 2.79 3.21 2.91 3.01 Operating income 3,205 4,307 3,901 3,593 3,164 2,907 (25.59) 10.41 8.57 13.54 8.86
Finance costs 86 67 80 69 77 52 0.10 0.04 0.06 0.06 0.07 0.05 Finance costs 86 67 80 69 77 52 28.36 (16.25) 15.94 (10.70) 48.93
Profit before taxation 7,287 18,976 22,999 19,141 17,397 14,133 8.46 12.01 16.46 17.10 16.00 14.64 Profit before taxation 7,287 18,976 22,999 19,141 17,397 14,133 (61.60) (17.49) 20.16 10.02 23.10
Taxation 2,205 5,261 7,227 6,140 5,943 5,022 2.56 3.33 5.17 5.48 5.46 5.20 Taxation 2,205 5,261 7,227 6,140 5,943 5,022 (58.09) (27.20) 17.70 3.32 18.32
Profit after taxation 5,082 13,715 15,772 13,001 11,455 9,110 5.90 8.68 11.29 11.61 10.53 9.44 Profit after taxation 5,082 13,715 15,772 13,001 11,455 9,110 (62.95) (13.04) 21.31 13.50 25.74

44 Annual Report 2020 45