Cash flow statement

BUS523Unit3WGCCashFlowTemplate.xlsx

Cash Flow Statement

		Cash Flow Statement 2016
		($ Thousands)
		Cash Flow from Operating Activities	Line(s) Used (e.g., 2015 Accounts Payable - 2016 Accounts Payable)
		Net income
		Change in Accounts Payable
		Change in Accounts Receivable
		Change in Inventory
		Other Adjustments:
		Accrued Expenses
		Depreciation Expense
		Income Taxes
		Net Cash provided by Operating Activities
		Cash Flow from Investing Activities	Line(s) Used
		Sale of Plant, Property and Equipment
		Purchase of Assets (Intangibles)
		Sales of other assets
		Income from short term investments (assumption from IS)
		Net Cash used in Investing Activities
		Cash Flows from Financing Activities	Line(s) Used
		Additions to long-term debts
		Cash dividends
		Repurchase of Treasury Stock
		Net cash used in Financing Activities
		Increase/Decrease in cash and cash equivalents
		Cash and Cash Equivalents at the beginning of the period
		Cash and Cash Equivalents at the end of the period
ERROR:#REF!	ERROR:#REF!

ANNUAL BALANCE SHEET
($ Thousands)
	31-Dec-15	31-Dec-16
ASSETS
Cash & Short-Term Investments	$17.11	$25.05
Net Receivables	$1.62	$1.84
Inventories	$42.72	$39.68
Prepaid Expenses	$0.00	$0.00
Other Current Assets	$3.38	$2.93
Total Current Assets	$64.84	$69.49
Gross Plant, Property & Equipment	$63.75	$58.28
Accumulated Depreciation	$36.16	$32.61
Net Plant, Property & Equipment	$27.58	$25.67
Intangibles	$5.88	$6.01
Other Assets	$6.16	$5.81
TOTAL ASSETS	$104.47	$106.98
LIABILITIES
Long Term Debt Due In One Year	$0.00	$0.00
Accounts Payable	$10.59	$11.91
Taxes Payable	$1.87	$2.01
Accrued Expenses	$7.19	$6.91
Other Current Liabilities	$1.88	$1.85
Total Current Liabilities	$21.54	$22.67
Long Term Debt	$6.95	$19.79
Deferred Taxes	$1.16	$2.32
Other Liabilities	$3.04	$2.43
TOTAL LIABILITIES	$32.68	$47.21
EQUITY
Common Stock	$0.07	$0.06
Capital Surplus	$27.25	$24.31
Retained Earnings	$73.89	$61.10
Less: Treasury Stock	$29.42	$25.71
TOTAL EQUITY	$71.79	$59.77
TOTAL LIABILITIES & EQUITY	$104.47	$106.98
Common Shares Outstanding	$5.14	$5.05

Annual Income Statement
($ Thousands, except per share )
	2015	2016
Sales	$179.24	$164.28
Cost of Goods Sold	$95.71	$91.99
Gross Profit	$83.53	$72.29
Selling, General, & Administrative Exp.	$56.36	$50.65
Operating Income Before Deprec.	$27.17	$21.64
Depreciation,Depletion,&Amortization	$5.85	$5.89
Operating Profit	$21.33	$15.74
Interest Expense	$0.88	$0.56
Non-Operating Income/Expense	$0.93	$0.31
Special Items	$0.00	$0.00
Pretax Income	$21.38	$15.49
Total Income Taxes	$7.23	$5.60
Income Before Extraordinary
Items & Discontinued Operations	$14.15	$9.90
Savings Due to Common Stock Equiv.	$0.00	$0.00
Adjusted Net Income	$14.15	$9.90
EPS Basic from Operations	$0.26	$0.19
EPS Diluted from Operations	$0.25	$0.19
Dividends Per Share	$0.02	$0.00
Com Shares for Basic EPS	$5.06	$5.12
Com Shares for Diluted EPS	$5.21	$5.27