INCOME-STATMENT (VERTICAL ANALY

2005
sales
COGS
Gross Profit

%age

2006

%age

2142659000
100%
5413625000
100%
1323957000 61.790373553120000500 57.632372024
818702000 38.209626452293624500 42.367627976

Operating Cost
Selling and distribution
R&D
Administartion
Amortization
Operating Profit

212340640
93640450
95003300
81414429
336303182

9.910146225
4.370291773
4.433897321
3.799691365
15.69559981

545980400
220340340
405340300
122465588
999497873

10.085301439
4.0701071833
7.4874100072
2.2621734605
18.462635905

Interest
EBT
Taxes
Net income

53251456
283051726
99068104
183983622

2.485297754
13.21030206
4.623605716
8.586696343

145434234
854063638
298922273
555141365

2.6864482486
15.776187638
5.5216656676
10.25452197

MENT (VERTICAL ANALYSIS)

2007

%age

2008

%age

2009

%age

8671715000 100%
12175476500
100%
13664714160 100%
5032513200 58.03366 7886796000 64.7760767 8974149576 65.67389
3639201800 41.96634 4288680500 35.2239233 4690564584 34.32611
854300000
365660340
832740300
187929165
1398571995

9.851569
4.216702
9.602948
2.167151
16.12797

934532230
476350230
999453230
288216088
1590128722

7.675529
3.91237444
8.20874017
2.36718528
13.0600944

1001234530
785774340
980340500
394440051
1528775163

7.327153
5.75039
7.174248
2.886559
11.18776

288898584
1109673411
388385694
721287717

3.331505
12.79647
4.478765
8.317706

277686944
1312441778
459354622
853087156

2.28070699
10.7793874
3.77278558
7.0066018

329923700
1198851462
419598012
779253450

2.414421
8.773337
3.070668
5.702669

BALANCE SHEET (VERTICAL ANALYSIS)

2005
CASH
A/R
Parts Inventory
WIP Inventory
Finished Goods Inventory
Total Current Assest
PP&E
Intangibles

310630300
316972950
253578360
26789180
359340630

%age
14.923704562
15.228426396
12.182741117
1.2870406003
17.263909539

2006
791419373
758988750
607191000
45354460
960187250

%age
18.0409402505
17.3016622497
13.8413297998
1.0338856122
21.888118231

1267311420 60.885822214 3162140833 72.0831404663

2007
1437227573
1201094250
960875400
66650675
1451230215

5117078113

710727625
103416660

34.145700208
4.9684775781

812956891
411698984

18.5319025502
9.3849569835

1317388220
561903428

Total Assets

2081455705

100%

4386796708

100%

6996369761

A/P
Current portion of LT debt
Total current liabilities
Long Term Debt
shareholder equity

422630600
147920710
570551310
739603550
771300845

20.304568528
7.1065989848
27.411167513
35.532994924
37.055837563

1011985000
341394916
1353379916
1706974582
1326442210

23.0688829996
7.7823281707
30.8512111704
38.9116408993
30.2371479303

1305530320
607184919
1912715239
3035924595
2047729927

Total Libilities and equities

2081455705

100%

4386796708

100%

6996369761

AL ANALYSIS)
%age
20.54247591
17.16739239
13.73391391
0.952646548
20.74261745

2008
1366526361
1328523975
1062819180
75640210
1605660505

%age
16.4219683537
15.9652819713
12.7722255771
0.9089917109
19.2957170476

2009
1413474400
1503560340
1201345530
89575400
1805340520

%age
14.1947927
15.0994792
12.0644921
0.89955943
18.1301015

73.13904622
18.82959685
8.031356935

5439170231

100%

8321331107

100%

9957696704

100%

18.66011038
8.678571027
27.33868141
43.39285513
29.26846346

1509430300
651847287
2161277587
3259236437
2900817082

18.1392890223
7.8334497044
25.9727387266
39.1672485458
34.8600127155

1564430450
785532620
2349963070
3927663101
3680070533

15.7107662
7.88869799
23.5994642
39.44349
36.9570458

100%

8321331107

100%

9957696704

100%

2281077095
601083781

65.3641846606 6013296190 60.3884248

27.4124063286 3363891508 33.7818233
7.2234090108
580509006
5.82975183

INCOME-STATMENT (HORIZONTAL ANALYSIS)

2005

2006

%age Change

2006

2007

Change

sales

2142659000

5413625000 152.6591959

5413625000 8671715000

38%

COGS

1323957000

3120000500 135.6572381

3120000500 5032513200

38%

818702000

2293624500 180.1537678

2293624500 3639201800

37%

212340640

545980400 157.1247784

545980400

854300000

36%

R&D

93640450

220340340 135.3046573

220340340

365660340

40%

Administartion

95003300

405340300 326.6591792

405340300

832740300

51%

Amortization

81414429

122465588 50.42246136

122465588

187929165

35%

336303182

999497873 197.2014321

999497873 1398571995

29%

53251456

145434234 173.1084649

145434234

288898584

50%

283051726

854063638 201.7341212

854063638 1109673411

23%

99068104

298922273 201.7341212

298922273

388385694

23%

183983622

555141365 201.7341212

555141365

721287717

23%

Gross Profit

Operating Cost
Selling and distribution

Operating Profit
Interest
EBT
Taxes
Net income

INCOME-STATMENT (HORIZONTAL ANALYSIS)

2007

2008
2009
%age Change
%age Change
8671715000 12175476500 40.404481697 1217547650013664714160 12.23145279
5032513200 7886796000 56.716846764 7886796000 8974149576 13.787012825
3639201800 4288680500 17.846734963 4288680500 4690564584 9.3708095998
854300000
365660340
832740300
187929165
1398571995
288898584
1109673411
388385694
721287717

2008

934532230
476350230
999453230
288216088
1590128722
277686944
1312441778
459354622
853087156

9.3915755589
30.27123204
20.019798489
53.36421465
13.696593932
-3.880822067
18.272796752
18.272796629
18.272796818

934532230 1001234530 7.1375066433

476350230 785774340 64.95727104
999453230 980340500 -1.912318598
288216088 394440051 36.855667474
1590128722 1528775163 -3.858402037
277686944 329923700 18.811383513
1312441778 1198851462 -8.654884194
459354622 419598012 -8.654884069
853087156 779253450 -8.654884261

BALANCE SHEET (HORIZONTAL ANALYSIS)

2005
CASH

310630300

A/R

316972950

Parts Inventory

253578360

WIP Inventory

26789180

Finished Goods Inventory

359340630

Total Current Assest

1267311420

PP&E

710727625

Intangibles

103416660

Total Assets

2081455705

A/P

422630600

Current portion of LT debt

147920710

Total current liabilities

570551310

Long Term Debt

739603550

shareholder equity

771300845

Total Libilities and equities

2081455705

2006

%age Change
154.77854961
791419373
139.44906024
758988750
139.44906024
607191000
69.301411988
45354460
167.20809445
960187250
3162140833 149.51568992
14.38374736
812956891
298.09735105
411698984
4386796708 110.75618844
139.44906024
130.79588788
341394916
1353379916 137.20564519
1706974582 130.79588815
1326442210 71.974686479
4386796708 110.75618844
1011985000

2006

2007

791419373

1437227573

758988750

1201094250

607191000

960875400

45354460

66650675

960187250

1451230215

3162140833

5117078113

812956891

1317388220

411698984

561903428

4386796708

6996369761

1011985000

1305530320

341394916

607184919

1353379916

1912715239

1706974582

3035924595

1326442210

2047729927

4386796708

6996369761

BALANCE SHEET (HORIZONTAL ANALYSIS)

2007
1437227573
1201094250
960875400
66650675
1451230215

5117078113
1317388220
561903428

6996369761
1305530320
607184919
1912715239
3035924595
2047729927

6996369761

2008

%age Change
-4.919277457
1366526361
10.60946924
1328523975
10.60946924
1062819180
13.487537823
75640210
1605660505 10.641336461
5439170231 6.2944538052
2281077095 73.151472009
6.9727912391
601083781
8321331107 18.937840498
15.618172698
7.3556451424
651847287
2161277587 12.995261549
3259236437 7.3556452083
2900817082 41.660140029
8321331107 18.937840498
1509430300

2008

2009

1366526361

1413474400

1328523975

1503560340

1062819180

1201345530

75640210

89575400

1605660505

1805340520

5439170231

6013296190

2281077095

3363891508

601083781

580509006

8321331107

9957696704

1509430300

1564430450

651847287

785532620

2161277587

2349963070

3259236437

3927663101

2900817082

3680070533

8321331107

9957696704

%age Change
81.6012625
58.24928235
58.24928235
46.95506241
51.14033383
61.82321988
62.04896405
36.48404534
59.48698394
29.00688449
77.85411866
41.32877372
77.85411845
54.37762094
59.48698394

%age Change
3.435575071
13.17525075
13.03385869
18.42299222
12.43600465
10.55539604
47.46943518
-3.422946293
19.6647096
3.643768778
20.50868902
8.730275284
20.50868898
26.86323987
19.6647096