Capsim Portfolio Project

3/24/2019 Annual Report

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Baldwin Annual Report

Round  2 - 2021 Report Sim ID ZP81798_1

Cash Flow Statement

2020 2021

Cash Flows from Operating activities

Net Income(Loss) $4,079 $7,123

Depreciation $1,173 $1,733

Extraordinary Gains/Losses/Write-offs $16 $142

Accounts Payable ($75) ($63)

Inventory $2,352 $0

Accounts Receivable ($626) ($171)

Net Cash from Operations Activities $6,920 $8,764

Cash Flows from Investing Activities

Net Plant Improvements ($3,200) ($8,400)

Cash Flows from Financing Activities

Dividends Paid ($500) ($620)

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 ($900) ($2,000)

Net Change in Current Debt $0 $0

Net Cash from Financing Activities ($1,400) ($2,620)

Net Change In Cash Position $2,320 ($2,256)

Closing Cash Position $7,918 $5,662

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

2020 2021

Current Assets

Cash $7,918 $5,662

Accounts Receivable $3,979 $4,151

Inventory $0 $0

Total Current Assets $11,897 $9,812

Fixed Assets

Plant and Equipment $17,600 $26,000

Accumulated Depreciation ($5,973) ($7,707)

Total Fixed Assets $11,627 $18,293

Total Assets $23,523 $28,106

Liabilities and Owner's Equity

2020 2021

Liabilities

Accounts Payable $2,779 $2,715

Current Debt $0 $0

Long-Term Debt $4,316 $2,458

Total Liabilities $7,095 $5,174

Owner’s Equity Common Stock $2,323 $2,323

Retained Earnings $14,106 $20,609

Total Owner's Equity $16,429 $22,932

Total Liabilities & Owner's Equity $23,523 $28,106

3/24/2019 Annual Report

ww5.capsim.com/capsimplatform/annualreport?simKey=368889&round=2&teamKey=2193519&teamName=Baldwin 4/4

Income Statement

Baker Total Industry

Avg Percentage

Sales $50,498 $50,498 $48,298 100%

Variable Costs

Direct Material $18,129 $18,129 $19,771 35.9%

Direct Labor $14,907 $14,907 $15,338 29.5%

Defects $0 $0 $0 0%

Inventory Carry $0 $0 $0 0%

Total Variable Costs (Labor, Material, Carry)

$33,037 $33,037 $35,109 65.4%

Contribution Margin $17,462 $17,462 $13,189 34.6%

Fixed Costs

Depreciation $1,733 $1,733 $1,173 3.4%

SG&A

R&D $531 $531 $129 1.1%

Promotions $1,350 $1,350 $1,108 2.7%

Sales $1,350 $1,350 $1,225 2.7%

Administration $823 $823 $758 1.6%

Fixed Costs $5,787 $5,787 $4,394 11.5%

Net Margin $11,674 $11,674 $8,795 23.1%

Other Expenses $172 $80 0.3%

EBIT $11,502 $8,716 22.8%

Short Term Interest $0 $46 0%

Long Term Interest $320 $461 0.6%

Pro�t Sharing $145 $107 0.3%

Net Pro�t $7,123 $5,229 14.1%