Capsim Portfolio Project

3/24/2019 Annual Report

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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

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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

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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

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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%