Balance Sheet

At december 31
(000s)
Hi Inc.
Assets 2018 2017 2016 2015
Current Assets 185 165 155 140
Capital assets,at carrying amount 535 397 392 378
720 562 547 518
Liabilities
Current liabilities 160 135 130 110
Bonds Payable
12% due in 10 years 120 0 0 0
15% due in 7 years
Total Liabilities 280 135 130 110

Shareholders Equity
Share capital
Preferred
(issued:200000 shares) 200 200 200 200
Common
(Issued: Hi 100000 shares; 100 100 100 100
Low 50000 shares
Retained earnings 140 127 117 108
Total shreholders' equity 440 427 417 408
720 562 547 518

Income Statements
For the year Ended December 31
(000s)
Hi Inc.
2018 2017 2016 2015
Sales 600 540 528 516
Cost of goods sold 460 430 420 410
Gross Profit 140 110 108 106
Operating expenses 56 50 50 50
Income from operations 84 60 58 56
Interest Expenes 14 0 0 0
Income (loss) before income taxes 70 60 58 56
Income taxes (recovered) 35 30 29 28
Net Income (loss) 35 30 29 28

Dividends declared
Preferred 10 10 10 10
Common 12 10 10 10
Market price per common share 1.25 1 0.95 0.9
 Balance Sheet
At december 31
(000s)
Low Corp
2018 2017 2016 2015
480 450 410 381
599 603 572 601
1079 1053 982 982

272 251 170 180

400 400 400 400

672 651 570 580

200 200 200 200

50 50 50 50
157 152 162 152
407 402 412 402
1079 1053 982 982

Income Statements
For the year Ended December 31
(000s)
Low Corp.
2018 2017 2016 2015
INCREASING SALES POSITIVE SIGN OF GROWTH 330 330 320 270
BOTH HAVE RISING TREND BUT LOW CORP IS MORE S 105 75 100 90
FLUCTATING IN 2018 225 255 220 180
85 105 100 96
140 150 120 84
60 60 60 60
80 90 60 24
40 45 30 12
40 45 30 12
LOW CORP HAS MORE INCOME COMPARED TO HI
INC BUT STILL THE MPS IS MORE FOR HI INC DUE TO
ITS EFFICIENCY
20 0 10 10
15 0 10 10
0.8 0.2 1.2 0.1
 Hi Inc.
2017 VS 2018 2017 VS 2016 2016 VS 2015
DIFFERENCE % DIFFERENCE % DIFFERENCE %
20 12.1% 10 6.5% 15 10.7%
138 34.8% 5 1.3% 14 3.7%
158 28.1% 15 2.7% 29 5.6%

25 18.5% 5 3.8% 20 18.2%

120 0 0
0 0 0
145 107.4% 5 3.8% 20 18.2%

0 0.0% 0 0.0% 0 0.0%

0 0.0% 0 0.0% 0 0.0%

13 10.2% 10 8.5% 9 8.3%

13 3.0% 10 2.4% 9 2.2%
158 28.1% 15 2.7% 29 5.6%

Hi Inc.
2017 VS 2018 2017 VS 2016 2016 VS 2015
DIFFERENCE % DIFFERENCE % DIFFERENCE %
60 11.1% 12 2.3% 12 2.3%
30 7.0% 10 2.4% 10 2.4%
30 27.3% 2 1.9% 2 1.9%
6 12.0% 0 0.0% 0 0.0%
24 40.0% 2 3.4% 2 3.6%
14 0.0% 0 0.0% 0 0.0%
10 16.7% 2 3.4% 2 3.6%
5 16.7% 1 3.4% 1 3.6%
5 16.7% 1 3.4% 1 3.6%
 HI INC.
2018 2017 2016
CURRENT RATIO 1.156 1.222 1.192
SALES TO TOTAL ASSET 0.936 0.974 0.992
RETURN ON TOTAL ASSETS 0.131 0.108 0.109
RETURN ON SHAREHOLDERS EQUITY 1.384 1.280 1.280
GROSS PROFIT 0.233 0.204 0.205
NET PROFIT 0.058 0.056 0.055
DEBT TO SHAREHOLDERS EQUITY 0.636 0.316 0.312
EARNINGS PER SHARE 0.250 0.200 0.190
PRICE-EARNINGS 5.000 5.000 5.000
WORKING CAPITAL 25 30 25

AVERAGE TOTAL ASSETS 641 554.5 532.5

AVERAGE SHAREHOLDER EQUITY 433.5 422 412.5
 LOW INC.
2018 2017
ACCEPTABLE 1.765 1.793
FLUCTUATING 0.310 0.324
SIMILAR TO BOTH COMPANIES 0.131 0.147
HI INC IS PAYING MORE DIVIDENDS TO SHAREHOLDERS. 0.816 0.811
LOW INC IS LEADING WITH INCREASED PROFITS 0.682 0.773
BOTH HAVE INCREASING PATTERNS 0.121 0.136
1.651 1.619
COMPANY HI INC IS MORE SUITABLE FOR INVESTMENT PURPOSE 0.400 0.900
2.000 0.222
208 199

1066 1017.5
404.5 407
LOW INC.
2016
2.412
0.326
0.122
0.786
0.688
0.094
1.383
0.400
3.000
240

982
407