ratios

SIC: 5411 Line of Business:

Grocery stores

Asset Range:

All Asset Ranges within SIC Group

Industry Quartiles

2009 2010 2011 2012 2013

Statement Sampling

Samples: 205 Samples: 164 Samples: 150 Samples: 155 Samples: 95

Solvency Upper Median Lower Upper Median Lower Upper Median Lower Upper Median Lower Upper Median Lower Quick Ratio 1.40 0.70 0.40 1.20 0.60 0.30 1.30 0.70 0.40 1.40 0.60 0.30 1.40 0.70 0.40 Current Ratio

3.10 1.90 1.20 3.00 1.60 1.20 3.10 1.90 1.20 3.00 1.90 1.10 3.00 2.10 1.30

Current Liabilities / Net Worth (%)

22.40 52.30 113.00 23.80 46.70 108.90 25.60 48.60 106.70 23.00 42.60 100.70 22.00 39.00 79.60

Current Liabilities / Inventory (%)

80.70 123.50 190.00 74.70 124.20 217.30 72.10 113.40 179.70 66.60 118.80 202.30 72.70 104.40 185.20

Total Liabilities / Net Worth (%)

32.80 92.60 227.40 33.50 89.90 211.20 38.30 78.00 203.30 35.10 68.10 198.80 31.60 54.50 158.60

Fixed Assets / Net Worth (%)

31.00 71.40 129.70 33.40 61.20 119.30 27.30 56.10 109.60 27.50 53.40 114.70 27.60 53.70 108.50

Efficiency Upper Median Lower Upper Median Lower Upper Median Lower Upper Median Lower Upper Median Lower Collection Period (days)

1.10 3.70 7.30 1.10 3.30 6.90 1.10 3.30 5.10 0.40 2.60 5.80 0.70 3.30 6.90

Sales / Inventory (times)

36.70 20.00 14.40 36.10 20.40 14.70 38.50 21.20 15.00 44.00 25.20 15.90 37.10 21.80 15.50

Assets / Sales (%)

15.20 21.60 35.10 14.60 21.80 35.80 12.70 19.80 33.30 13.30 19.80 29.10 13.90 20.40 36.40

Sales / Net Working Capital (times)

34.60 17.60 11.20 37.60 19.40 12.20 41.20 18.90 12.80 46.00 19.10 12.50 35.20 17.00 11.90

Accounts Payable / Sales (%)

2.00 2.80 4.10 2.10 2.90 3.80 2.00 2.80 3.90 1.80 2.60 4.40 1.70 2.70 4.00

Profitability Upper Median Lower Upper Median Lower Upper Median Lower Upper Median Lower Upper Median Lower Return on Sales (%)

2.60 1.30 0.40 2.40 1.10 0.30 1.90 1.00 0.20 2.90 1.10 0.30 2.50 1.10 0.20

Return on Assets (%)

12.00 4.80 1.90 9.30 5.10 1.30 10.50 4.50 1.30 12.60 6.00 1.70 12.30 5.50 1.20

Return on Net Worth (%)

26.60 11.90 4.20 21.90 10.90 3.30 21.80 10.10 3.20 24.20 12.80 4.70 20.50 11.40 3.30

Median Variance 2009 2010 2011 2012 2013 Solvency Median 2010 2011 2012 2013 Median 2009 2011 2012 2013 Median 2009 2010 2012 2013 Median 2009 2010 2011 2013 Median 2009 2010 2011 2012 Quick Ratio 0.70 14.3 0.0 100.0 100.0 0.60 -14.3 -16.7 100.0 100.0 0.70 0.0 16.7 100.0 100.0 - -100.0 -100.0 -100.0 0.0 - -100.0 -100.0 -100.0 0.0 Current Ratio 1.90 15.8 0.0 100.0 100.0 1.60 -15.8 -18.8 100.0 100.0 1.90 0.0 18.8 100.0 100.0 - -100.0 -100.0 -100.0 0.0 - -100.0 -100.0 -100.0 0.0 Current Liabilities / Net Worth (%)

52.30 5.6 3.7 52.3 52.3 46.70 -5.6 -1.9 46.7 46.7 48.60 -3.7 1.9 48.6 48.6 - -52.3 -46.7 -48.6 - -52.3 -46.7 -48.6

Current Liabilities / Inventory (%)

123.50 -0.7 10.1 123.5 123.5 124.20 0.7 10.8 124.2 124.2 113.40 -10.1 -10.8 113.4 113.4 - -123.5 -124.2 -113.4 - -123.5 -124.2 -113.4

Total Liabilities / Net Worth (%)

92.60 2.7 14.6 92.6 92.6 89.90 -2.7 11.9 89.9 89.9 78.00 -14.6 -11.9 78 78 - -92.6 -89.9 -78 - -92.6 -89.9 -78

Fixed Assets / Net Worth (%)

71.40 10.2 15.3 71.4 71.4 61.20 -10.2 5.1 61.2 61.2 56.10 -15.3 -5.1 56.1 56.1 - -71.4 -61.2 -56.1 - -71.4 -61.2 -56.1

Efficiency Median 2010 2011 2012 2013 Median 2009 2011 2012 2013 Median 2009 2010 2012 2013 Median 2009 2010 2011 2013 Median 2009 2010 2011 2012 Collection Period (days)

3.70 -10.8 -10.8 -100.0 -100.0 3.30 10.8 0.0 -100.0 -100.0 3.30 10.8 0.0 -100.0 -100.0 - 100.0 100.0 100.0 0.0 - 100.0 100.0 100.0 0.0

Sales / Inventory (times)

20.00 -2.0 -6.0 100.0 100.0 20.40 2.0 -3.9 100.0 100.0 21.20 6.0 3.9 100.0 100.0 - -100.0 -100.0 -100.0 0.0 - -100.0 -100.0 -100.0 0.0

1/2

Assets / Sales (%)

21.60 -0.2 1.8 21.6 21.6 21.80 0.2 2 21.8 21.8 19.80 -1.8 -2 19.8 19.8 - -21.6 -21.8 -19.8 - -21.6 -21.8 -19.8

Sales / Net Working Capital (times)

17.60 -10.2 -7.4 100.0 100.0 19.40 10.2 2.6 100.0 100.0 18.90 7.4 -2.6 100.0 100.0 - -100.0 -100.0 -100.0 0.0 - -100.0 -100.0 -100.0 0.0

Accounts Payable / Sales (%)

2.80 -0.1 2.8 2.8 2.90 0.1 0.1 2.9 2.9 2.80 -0.1 2.8 2.8 - -2.8 -2.9 -2.8 - -2.8 -2.9 -2.8

Profitability Median 2010 2011 2012 2013 Median 2009 2011 2012 2013 Median 2009 2010 2012 2013 Median 2009 2010 2011 2013 Median 2009 2010 2011 2012 Return on Sales (%)

1.30 0.2 0.3 1.3 1.3 1.10 -0.2 0.1 1.1 1.1 1.00 -0.3 -0.1 1 1 - -1.3 -1.1 -1 - -1.3 -1.1 -1

Return on Assets (%)

4.80 -0.3 0.3 4.8 4.8 5.10 0.3 0.6 5.1 5.1 4.50 -0.3 -0.6 4.5 4.5 - -4.8 -5.1 -4.5 - -4.8 -5.1 -4.5

Return on Net Worth (%)

11.90 1 1.8 11.9 11.9 10.90 -1 0.8 10.9 10.9 10.10 -1.8 -0.8 10.1 10.1 - -11.9 -10.9 -10.1 - -11.9 -10.9 -10.1

Norms Data 2009 2010 2011 2012 2013 Cash 1061618 16.20% 1160031 15.40% 1234509 18.40% 934739 15.70% 1132879 15.90% Accounts Receivable 491490 7.50% 549885 7.30% 449522 6.70% 369133 6.20% 377626 5.30% Notes Receivable 58979 0.90% 112990 1.50% 26837 0.40% 35723 0.60% 28500 0.40% Other Current 419404 6.40% 376634 5.00% 308628 4.60% 297687 5.00% 434628 6.10% Total Current 3584599 54.70% 3992316 53.00% 3851131 57.40% 3149536 52.90% 3733514 52.40% Fixed Assets 2287066 34.90% 2651500 35.20% 2261030 33.70% 1982600 33.30% 2358384 33.10% Other Current Assets 681533 10.40% 888855 11.80% 597126 8.90% 821618 13.80% 1033128 14.50% Total Assets 6553198 100.00% 7532671 100.00% 6709287 100.00% 5953754 100.00% 7125026 100.00% Accounts Payable 1022299 15.60% 1107303 14.70% 1133870 16.90% 1029999 17.30% 1018879 14.30% Bank Loan 0.00% 67794 0.90% 6709 0.10% 0.00% 21375 0.30% Notes Payable 65532 1.00% 128055 1.70% 67093 1.00% 89306 1.50% 363376 5.10% Other Current 851916 13.00% 964182 12.80% 912463 13.60% 726359 12.20% 1603131 22.50% Total Current 1939747 29.60% 2267334 30.10% 2120135 31.60% 1845664 31.00% 3006761 42.20% Other Long Term 1317193 20.10% 1408609 18.70% 1107032 16.50% 1012138 17.00% 1389380 19.50% Deferred Credits 39319 0.60% 7533 0.10% 6709 0.10% 5954 0.10% 7125 0.10% Net Worth 3256939 49.70% 3849195 51.10% 3475411 51.80% 3089998 51.90% 2721760 38.20% Total Liabilities & Net Worth 6553198 100.00% 7532671 100.00% 6709287 100.00% 5953754 100.00% 7125026 100.00% Net Sales 30338880 100.00% 34553537 100.00% 33885288 100.00% 30069465 100.00% 34926598 100.00% Gross Profit 6765570 22.30% 7359903 21.30% 7353107 21.70% 6344657 21.10% 7404439 21.20% Net Profit After Tax 576439 1.90% 483750 1.40% 440509 1.30% 631459 2.10% 593752 1.70% Working Capital 1644852 0.00% 1724982 0.00% 1730996 0.00% 1303872 0.00% 726753 0.00%

2/2