| | | | Dayton Corporation | | $ in million |
| | | | Income Statement for fiscal year ending 2013 |
| | | | | 2012 | 2013 |
| | | | Sales revenue | $ 47,715 | $ 40,363 |
| | | | Cost of goods sold | $ 27,842 | $ 21,485 |
| | | | Gross Profit | $ 19,873 | $ 18,878 |
| | | | Selling, general and admin expense | $ 8,090 | $ 7,708 |
| | | | Depreciation & amortizaton | $ 628 | $ 555 |
| | | | Total operating expense | $ 8,718 | $ 8,263 |
| | | | Earnings before interest and taxes (EBIT) | $ 11,155 | $ 10,615 |
| | | | Interest expense | $ 754 | $ 792 |
| | | | Earnings before taxes | $ 10,401 | $ 9,823 |
| | | | Income taxes | $ 754 | $ 792 |
| | | | Net profit after taxes | $ 9,647 | $ 9,031 |
| | | | Dividend per share |
| | | | Earning per share | $ 4.19 | $ 3.93 |
| | | | No of common share outstanding | 2300 | 2300 |
| | | | Market price per share | $ 45 | $ 45 |
| | | | Dayton Corporation | | $ in million |
| | | | Comparative Balance sheet ending Dec 2013 |
| | | | | 2012 | 2013 |
| | | | Assets |
| | | | Current assets |
| | | | Cash and equivalents | $ 2,144 | $ 2,536 |
| | | | Receivables | $ 5,215 | $ 5,017 |
| | | | Inventories | $ 3,579 | $ 3,021 |
| | | | Other current assets | $ 2,022 | $ 2,777 |
| | | | Total current assets | $ 12,960 | $ 13,351 |
| | | | Non current assets |
| | | | Property, plant and equipment | $ 18,956 | $ 16,707 |
| | | | Accumulated depreciation | $ (5,853) | $ (5,225) |
| | | | Property, plant and equipment net | $ 13,103 | $ 11,482 |
| | | | Intangible assets | $ 7,746 | $ 7,374 |
| | | | Other non current assets | $ 10,465 | $ 7,700 |
| | | | Total non current assets | $ 31,314 | $ 26,556 |
| | | | Total Assets | $ 44,274 | $ 39,907 |
| | | | Liabilities and stockholders equity |
| | | | Current liability |
| | | | Account payable | $ 5,108 | $ 4,361 |
| | | | Short term debt | $ 4,066 | $ 3,319 |
| | | | Other current liabilities | $ 2,369 | $ 2,029 |
| | | | Total current liabilities | $ 11,543 | $ 9,709 |
| | | | Non current liabilities |
| | | | Long term debt | $ 4,798 | $ 3,600 |
| | | | Other non current liabilities | $ 4,837 | $ 5,020 |
| | | | Total non current liabilities | $ 9,635 | $ 8,620 |
| | | | Total liabilities | $ 21,178 | $ 18,329 |
| | | | Stockholders equity |
| | | | Common shares | $ 6,776 | $ 6,746 |
| | | | Retained earnings | $ 16,320 | $ 14,832 |
| | | | Total stockholders equity | $ 23,096 | $ 21,578 |
| | | | Total liabilities and stockholders equity | $ 44,274 | $ 39,907 |
| | | | Dayton Corporation |
| | | | | 2012 | 2013 |
| | | | Liquidity measure |
| | | | Current ratio | 1.12 | 1.38 |
| | | | Quick ratio | 0.81 | 1.06 |
| | | | Activity measure |
| | | | Receivable turnover | 9.15 | 8.05 |
| | | | Inventory turnover | 7.78 | 7.11 |
| | | | Total assets turnover | 1.08 | 1.01 |
| | | | Leverage measures |
| | | | Debt equity ratio | 0.21 | 0.17 |
| | | | Times interest earned | 14.79 | 13.40 |
| | | | Profitability measures |
| | | | Net profit margin | 20.22% | 22.37% |
| | | | Return on assets | 21.79% | 22.63% |
| | | | Return on equity | 41.77% | 41.85% |
| | | | Common stock measure |
| | | | Earning per share | $ 4.19 | $ 3.93 |
| | | | Price to earning ratio | 10.73 | 11.46 |
| | | | Book value per share | 10.04 | 9.38 |
| | | | Price to book value ratio | 4.48 | 4.80 |
saud.t1
book1.xlsx
