Capsim Portfolio Project
3/24/2019 Annual Report
ww5.capsim.com/capsimplatform/annualreport?simKey=368889&round=3&teamKey=2193519&teamName=Baldwin 1/4
Baldwin Annual Report
Round 3 - 2022 Report Sim ID ZP81798_1
Cash Flow Statement
2021 2022
Cash Flows from Operating activities
Net Income(Loss) $7,123 $11,006
Depreciation $1,733 $2,500
Extraordinary Gains/Losses/Write-offs $142 $189
Accounts Payable ($63) $489
Inventory $0 $0
Accounts Receivable ($171) ($1,107)
Net Cash from Operations Activities $8,764 $13,077
Cash Flows from Investing Activities
Net Plant Improvements ($8,400) ($11,500)
Cash Flows from Financing Activities
Dividends Paid ($620) ($900)
Sales Of Common Stock $0 $0
Purchase Of Common Stock $0 $0
Cash From Long-Term Debt Issued $0 $0
Early Retirement Of Long-Term Debt ($2,000) ($1,500)
Net Change in Current Debt $0 $0
Net Cash from Financing Activities ($2,620) ($2,400)
Net Change In Cash Position ($2,256) ($823)
Closing Cash Position $5,662 $4,839
Assets
3/24/2019 Annual Report
ww5.capsim.com/capsimplatform/annualreport?simKey=368889&round=3&teamKey=2193519&teamName=Baldwin 2/4
Cash Accounts Receivable Inventory Plant and Equipment
Accumulated Depreciation
Liabilities and Owner's Equity
Accounts Payable Current Debt Long-Term Debt Common Stock
Retained Earnings
3/24/2019 Annual Report
ww5.capsim.com/capsimplatform/annualreport?simKey=368889&round=3&teamKey=2193519&teamName=Baldwin 3/4
Assets
2021 2022
Current Assets
Cash $5,662 $4,839
Accounts Receivable $4,151 $5,257
Inventory $0 $0
Total Current Assets $9,812 $10,096
Fixed Assets
Plant and Equipment $26,000 $37,500
Accumulated Depreciation ($7,707) ($10,207)
Total Fixed Assets $18,293 $27,293
Total Assets $28,106 $37,390
Liabilities and Owner's Equity
2021 2022
Liabilities
Accounts Payable $2,715 $3,204
Current Debt $0 $0
Long-Term Debt $2,458 $1,147
Total Liabilities $5,174 $4,351
Owner’s Equity Common Stock $2,323 $2,323
Retained Earnings $20,609 $30,715
Total Owner's Equity $22,932 $33,039
Total Liabilities & Owner's Equity $28,106 $37,390
3/24/2019 Annual Report
ww5.capsim.com/capsimplatform/annualreport?simKey=368889&round=3&teamKey=2193519&teamName=Baldwin 4/4
Income Statement
Baker Total Industry
Avg Percentage
Sales $63,964 $63,964 $50,234 100%
Variable Costs
Direct Material $21,981 $21,981 $18,668 34.4%
Direct Labor $17,006 $17,006 $15,918 26.6%
Defects $0 $0 $0 0%
Inventory Carry $0 $0 $0 0%
Total Variable Costs (Labor, Material, Carry)
$38,987 $38,987 $34,586 61%
Contribution Margin $24,978 $24,978 $15,648 39.1%
Fixed Costs
Depreciation $2,500 $2,500 $1,326 3.9%
SG&A
R&D $980 $980 $371 1.5%
Promotions $1,300 $1,300 $1,100 2%
Sales $1,550 $1,550 $1,258 2.4%
Administration $1,009 $1,009 $787 1.6%
Fixed Costs $7,339 $7,339 $4,842 11.5%
Net Margin $17,639 $17,639 $10,807 27.6%
Other Expenses $211 $63 0.3%
EBIT $17,428 $10,743 27.2%
Short Term Interest $0 $0 0%
Long Term Interest $149 $423 0.2%
Pro�t Sharing $225 $134 0.4%
Net Pro�t $11,006 $6,574 17.2%