Golden Donuts inc

Statement of Financial position

year 2010-2011
2011 vertical
assets
current assets
cash and cash equivalents
trade and other receivables
inventories
other curent assets
total current assets
non current assets
Available financial assets
property and equipments
other noncurrent assets
Deferred tax assets
total noncurrent assets
total assets
Liability and equity
current liability
accounts payable and other
current liabilities
loans payable
dividends payable
current portion of obligations
under lease
total curent liablities
non curent liabilities
operating lease payable
fund held in trust
franchise deposits
pension liability
total non current liabilities
equity
capital stock
Additional paid-in capital
Unrealized gain
retained earnings
total equity
total liabilities and equity

PHP 1,687,561,825.00
PHP 504,007,795.00
PHP 454,261,036.00
PHP 129,503,741.00
PHP 2,775,334,397.00

45%
13%
12%
3%
74%

PHP 38,485,753.00
PHP 1,351,646,697.00
PHP 286,743,443.00
PHP 194,813,212.00
PHP 1,871,689,105.00
PHP 3,743,378,210.00

1%
36%

50%
100%

PHP 266,905,082.00
PHP 32,400,000.00
PHP 2,860,496.00

10%
1%
0%

PHP 1,186,939.00
PHP 303,352,517.00

0%
11%
0%
0%
7%
0%
0%
0%
7%
0%
0%
11%
73%
1%
4%
82%
100%

PHP 175,200,928.00

PHP 496,744.00
PHP 175,697,672.00

PHP 300,000,000.00
PHP 1,951,738,069.00
PHP 36,580,983.00
PHP 101,115,601.00
PHP 2,190,550,254.00
PHP 2,669,600,443.00

tion
2010 vertical

PHP 1,494,444,155.00
PHP 964,677,851.00
PHP 432,259,713.00
PHP 96,340,535.00
PHP 1,590,784,690.00

42%
27%
12%
3%
45%

PHP 43,252,861.00
PHP 1,480,718,448.00
299399485
PHP 148,759,850.00
PHP 1,973,228,491.00
PHP 3,564,013,181.00

1%
42%

55%
100%

PHP 242,020,133.00
PHP 33,000,000.00
PHP 1,552,779.00

38%
5%
0%

PHP 2,036,290.00
PHP 278,609,202.00

0%
44%
0%
0%
4%
0%
0%
0%
4%
0%
0%
20%
0%
16%
17%
53%
100%

PHP 24,033,625.00

PHP 828,537.00
PHP 24,862,162.00

PHP 130,357,500.00
PHP 100,000,000.00
PHP 105,590,767.00
PHP 335,948,267.00
PHP 639,419,631.00

Golden Donuts inc

Statement of Financial position
year 2010-2011
2011

2010 changes

assets
current assets
cash and cash equivalents
trade and other receivables
inventories
other curent assets
total current assets

PHP 106,783,818.00
PHP 173,420,696.00
PHP 34,904,561.00
PHP 39,447,944.00
PHP 354,557,019.00

PHP 107,277,309.00
PHP 235,883,805.00
PHP 47,166,523.00
PHP 37,572,580.00
PHP 427,900,217.00

non current assets

property and equipments
other noncurrent assets
total noncurrent assets

PHP 162,428,304.00
PHP 68,045,184.00
PHP 230,473,488.00

PHP 175,633,555.00
PHP 46,767,009.00
PHP 222,400,564.00

total assets

PHP 585,030,507.00

PHP 650,300,781.00

(493,491.00)
(62,463,109.00)
(12,261,962.00)
1,875,364.00
(73,343,198.00)
(13,205,251.00)
21,278,175.00
8,072,924.00
(65,270,274.00)

PHP 266,905,082.00
PHP 32,400,000.00

PHP 242,020,133.00
PHP 33,000,000.00

24,884,949.00
(600,000.00)

PHP 2,860,496.00

PHP 1,552,779.00

PHP 1,186,939.00
PHP 303,352,517.00

PHP 2,036,290.00
PHP 278,609,202.00

(849,351.00)
24,743,315.00

PHP 25,911,085.00
PHP 15,825,060.00
PHP 7,972,000.00
PHP 496,744.00
PHP 50,204,889.00

PHP 24,033,625.00
PHP 3,022,013.00
PHP 7,859,137.00
PHP 828,537.00
PHP 35,743,312.00

1,877,460.00
12,803,047.00
112,863.00
(331,793.00)
14,461,577.00

PHP 130,357,500.00

PHP 130,357,500.00

PHP 101,115,601.00
PHP 231,473,101.00
PHP 585,030,507.00

PHP 100,000,000.00
PHP 105,590,767.00
PHP 335,948,267.00
PHP 650,300,781.00

Liability and equity

current liability
accounts payable and other
current liabilities
loans payable
dividends payable
current portion of obligations
under lease
total curent liablities
non curent liabilities
accrued retirement cost
fund held in trust
franchise deposits
obligations under finance lease
total non current liabilities
equity
capital stock
retained earnings:
appropriated
unappropriated
total equity
total liabilities and equity

1,307,717.00

(100,000,000.00)
(4,475,166.00)
(104,475,166.00)
(65,270,274.00)

horizantal

0%
-26%
-26%
5%
-17%

-8%
45%
4%
-10%

0.10
(0.02)
0.84

(0.42)
0.09

0.08
4.24
0.01
(0.40)
0.40

(1.00)
(0.04)
(0.31)
(0.10)

2011

2010

2009

assets
current assets
cash and cash equivalents
trade and other receivables
inventories
other curent assets
total current assets

PHP 106,783,818.00
PHP 173,420,696.00
PHP 34,904,561.00
PHP 39,447,944.00
PHP 354,557,019.00

PHP 107,277,309.00 PHP 98,044,652.00

PHP 235,883,805.00 PHP 223,777,774.00
PHP 47,166,523.00 PHP 40,308,323.00
PHP 37,572,580.00 PHP 31,701,833.00
PHP 427,900,217.00 PHP 393,832,582.00

non current assets

property and equipments
other noncurrent assets
total noncurrent assets

PHP 162,428,304.00
PHP 68,045,184.00
PHP 230,473,488.00

PHP 175,633,555.00 PHP 163,610,461.00

PHP 46,767,009.00 PHP 45,025,586.00
PHP 222,400,564.00 PHP 208,636,047.00

total assets

PHP 585,030,507.00

PHP 650,300,781.00 PHP 602,468,629.00

PHP 266,905,082.00
PHP 32,400,000.00
PHP 2,860,496.00

PHP 242,020,133.00 PHP 233,592,349.00

PHP 33,000,000.00
PHP 1,552,779.00

Liability and equity

current liability
accounts payable and other
current liabilities
loans payable
dividends payable
current portion of obligations
under lease
total curent liablities
non curent liabilities
accrued retirement cost
fund held in trust
franchise deposits
obligations under finance lease
total non current liabilities
equity
capital stock
retained earnings:
appropriated
unappropriated
total equity
total liabilities and equity

PHP 1,186,939.00
PHP 303,352,517.00

PHP 25,911,085.00
PHP 15,825,060.00
PHP 7,972,000.00
PHP 496,744.00
PHP 50,204,889.00

PHP 2,036,290.00

PHP 1,949,057.00

PHP 278,609,202.00 PHP 235,541,406.00

PHP 24,033,625.00
PHP 3,022,013.00
PHP 7,859,137.00
PHP 828,537.00
PHP 35,743,312.00

PHP 18,123,605.00
PHP 4,509,249.00
PHP 8,072,429.00
PHP 2,835,024.00
PHP 33,540,307.00

PHP 130,357,500.00

PHP 130,357,500.00 PHP 130,357,500.00

PHP 101,115,601.00
PHP 231,473,101.00
PHP 585,030,507.00

PHP 100,000,000.00
PHP 105,590,767.00
PHP 335,948,267.00
PHP 650,300,781.00

PHP 100,000,000.00
PHP 103,029,416.00
PHP 333,386,916.00
PHP 602,468,629.00

2008

2011

2010

2009

2008

PHP 126,406,404.00
PHP 177,653,174.00
PHP 42,162,723.00
PHP 17,773,716.00
PHP 363,996,017.00

84%
98%
83%
222%
97%

85%
133%
112%
211%
118%

78%
126%
96%
178%
108%

100%
100%
100%
100%
100%

PHP 144,714,279.00
PHP 28,486,976.00
PHP 173,201,255.00

112%
239%
133%

121%
164%
128%

113%
158%
120%

100%
100%
100%

PHP 537,197,272.00

109%

121%

112%

100%

PHP 186,968,337.00

143%

129%

125%

100%

PHP 1,154,020.00

103%

176%

169%

100%

PHP 188,122,357.00

161%

148%

125%

100%

PHP 22,570,053.00
PHP 7,740,291.00
PHP 9,776,925.00
PHP 4,784,081.00
PHP 44,871,350.00

115%
204%
82%
10%
112%

106%
39%
80%
17%
80%

80%
58%
83%
59%
75%

100%
100%
100%
100%
100%

PHP 130,357,500.00

100%

100%

100%

100%

PHP 100,000,000.00
PHP 73,846,065.00
PHP 304,203,565.00
PHP 537,197,272.00

0%
137%
76%
109%

100%
143%
110%
121%

100%
140%
110%
112%

100%
100%
100%
100%

Golden Donuts inc

Statement of comprehensive income
year 2010-2011
2011 vertical
revenues
sales of goods
royalties
franchise income
total sales
cost of good sold
gross income
general and administrative expenses
advertising and promotions expenses
interest expense
interest income
other income
income(loss) before income tax
provision for income tax
net income
total comprehensive income(lose)

1,161,609,942.00
115,331,804.00
16,056,186.00
1,292,997,932.00
1,066,274,621.00
226,723,311.00
(312,070,624.00)
(16,703,594.00)
(3,764,225.00)
945,259.00
7,898,895.00
(96,970,978.00)
2,289,888.00
(99,260,866.00)
(99,260,866.00)

100%
82%
18%
-24%
-1%
0%
0%
1%
-7%
0%
-8%
-8%

2010
PHP 1,159,342,105.00
PHP 118,175,746.00
PHP 10,608,283.00
PHP 1,288,126,134.00
PHP 1,018,769,878.00
PHP 269,356,256.00
-PHP 253,244,880.00
-PHP 16,547,943.00
-PHP 2,262,976.00
PHP 2,851,215.00
PHP 10,728,398.00
PHP 10,880,070.00
PHP 3,104,419.00
PHP 775,651.00
PHP 775,651.00

100%
79%
21%
-20%
-1%
0%
0%
1%
1%
0%
0%
0%

Golden Donuts inc

Statement of Financial position
year 2010-2011
2011
revenues
sales of goods
royalties
franchise income
total sales
cost of good sold
gross income
general and administrative expenses
advertising and promotions expenses
interest expense
interest income
other income
income(loss) before income tax
provision for income tax
net income
total comprehensive income(lose)

1,161,609,942.00
115,331,804.00
16,056,186.00
1,292,997,932.00
1,066,274,621.00
226,723,311.00
(312,070,624.00)
(16,703,594.00)
(3,764,225.00)
945,259.00
7,898,895.00
(96,970,978.00)
2,289,888.00
(99,260,866.00)
(99,260,866.00)

2010

PHP 1,159,342,105.00
PHP 118,175,746.00
PHP 10,608,283.00
PHP 1,288,126,134.00
PHP 1,018,769,878.00
PHP 269,356,256.00
-PHP 253,244,880.00
-PHP 16,547,943.00
-PHP 2,262,976.00
PHP 2,851,215.00
PHP 10,728,398.00
PHP 10,880,070.00
PHP 3,104,419.00
PHP 775,651.00
PHP 775,651.00

changes
2,267,837.00
(2,843,942.00)
5,447,903.00
4,871,798.00
47,504,743.00
(42,632,945.00)
(58,825,744.00)
(155,651.00)
(1,501,249.00)
(1,905,956.00)
(2,829,503.00)
(107,851,048.00)
(814,531.00)
(100,036,517.00)
(100,036,517.00)

horizontal
0.2%
-2.4%
51.4%
0.4%
4.7%
-15.8%
23.2%
0.9%
66.3%
-66.8%
-26.4%
-991.3%
-26.2%
-12897.1%
-12897.1%

Industry Average

Current Ratio
Quick Ratio
Inventory Turnover
Total Asset Turnover
Debt Ratio
Gross Profit on Sales
Net Profit on Sales
Return on Total Assets

dunkin
donut
1.169
1.05
37.04
2.21
0.604
0.195
0.06
-0.17

starbucks
0.46
0.303
31.77
3.291
0.77
0.72
0.008
0.236

krispy kreme mr donut

0.49
0.236
15.27
2.731
0.707
0.263
0.023
0.0631

4.09
3.91
270.827
4.77
0.096
0.054
0.018
0.085

Total

Industry Average

6.209
5.499
354.907
13.002
2.177
1.232
0.109
0.2141

1.55225
1.37475
88.72675
3.2505
0.54425
0.308
0.02725
0.053525

Ratios
Dunkin donut
a. Current Ratio
Current Assets
Current Liabilities
b. Quick or Acid Test Ratio
Current Assets - Inventories
Current Liabilities

354,557,019
303,352,517

354,557,019 - 34,904,561
34,904,561

c. Inventory Turnover Ratio

Sales
Inventories

1,292,997,932
34,904,561

d. Total Assets Turnover Ratio

Sales
Total Assets

1,292,997,932
585,030,507

e. Debt Ratio
Total Debt
Total Assets

353,557,406
585,030,504

f. Gross Profit on Sales

Gross Income
Sales

226,723,311
1,161,609,942

g. Net Profit on Sales

Net Income
Sales

(99,260,866)
1,161,609,942

h. Return on Total Assets

Net Income
Total Assets

(99,260,866)
585,030,507

Mr. donut
a. Current Ratio
Current Assets
Current Liabilities
b. Quick or Acid Test Ratio
Current Assets - Inventories
Current Liabilities
c. Inventory Turnover Ratio
Sales
Inventories

8,200,908
2,003,609

8,200,908 - 366,657
2,003,609

99,300,575
366,657

416,844,485 - 142,479

d. Total Assets Turnover Ratio

Sales
Total Assets

99,300,575
20,831,988

e. Debt Ratio
Total Debt
Total Assets

2,003,609
20,831,988

f. Gross Profit on Sales

Gross Income
Sales

5,339,211
99,300,375

g. Net Profit on Sales

Net Income
Sales

1,773,563
99,300,575

h. Return on Total Assets

Net Income
Total Assets

1,773,563
20,831,988

Starbuck

Krispy kreme

416,844,485
905,689,144

94,164,417
190,228,823

416,844,485 - 142,479,893
905,689,144

94,164,417 - 49,326,878
190,228,823

4,526,651,728
142,479,893

753,456,080
49,326,878

4,526,651,728
1,375,196,648

753,456,080
275,813,143

1,064,913,844
1,375,196,648

195,075,096
275,813,143

15,313,241
200,968,596

197,657,774
753,456,080

4,694,382
200,968,596

17,404,670
753,456,080

4,694,382
64,714,469

17,404,670
275,813,143