COMPANY NAME: Nestle Pakistan Limited

B .COM Group 5

GROUP MEMBERS:
Komal Zulfiqar 2025109029
Menahil Mubashir 2025109040
Rimsha Zahid 2025109048
Pakistan Limited
 Nestle Pakistan Li
BALANCE SHE

Notes 2020
ASSETS
Non - Current Assets
Property, plant and equipment 17 28,679,851
Capital work in progress 18 4,097,316
Intangible Assets 19 -
Long term loans 20 179,191
Total Non-Current Assets 32,956,358
Current Assets
Stores and spares 21 2,670,279
Stock-in-trade 22 16,252,021
Trade debts 23 1,930,333
Current portion of long term loans 20 134,078
Sales tax refundable - Net 4,324,260
Advances, Deposits, payment and other receivables 24 1,849,981
Cash and bank balances 25 789,055
Total Current Assets 27,950,007
Total Assets 60,906,365
Shareholders Equity and Liabilities
Share Capital and reserve's
Authorized Capital
75,000,000 (2019: 75,000,000) ordinary share's of PKR 10 each 750,000
Issued, Subscribed and paid up capital 3 453,496
Share premium 4 249,527
General reserve 280,000
Accumulated profit 3,207,419
Cash Flow hedge reserve _
Total Shares Capital and Reserve's 4,190,442
Non Current LIABILITIES
Long term financing 5 12,081,975
Lease liabilities 6 34,682
Deferred taxation 7 1,332,919
Retirement Benefits 8 3,117,661
Total Non-Current Liabilities 16,567,237
Current Liabilities
Current portion of long-term liabilities 9 3,734,310
Short-term borrowings - secured 10 6,417,473
Running finance under mark-up arrangements - secured 11 830,245
Trade and other payables 12 26,563,482
Contract liabilities 13 562,263
Interest and mark-up accrued 14 303,183
Customer security deposits - interest free 15 222,166
Income tax payable 1,443,443
Unclaimed dividend 72,121
Unpaid dividend -
Total Current Liabilities 40,148,686
Contingencies and Commitments 16
TOTAL EQUITY AND LIABILITIES 60,906,365
Nestle Pakistan Limited
BALANCE SHEET

2021 2022

29,274,553 29,386,433
2,026,307 2,612,423
- -
159,848 209,395
31,460,708 32,208,251

3,045,805 3,291,671
18,600,718 27,094,551
923,484 1,989,358
116,810 130,572
7,059,231 11,771,112
3,453,222 6,623,728
743,920 542,508
33,943,190 51,443,500
65,403,898 83,651,751

750,000 750,000
453,496 453,496
249,527 249,527
280,000 280,000
4,422,786 4,784,934
-2,537 2,289
5,403,272 5,770,246

12,000,000 6,500,000
115,479 1,378,203
1,241,580 2,290
3,376,097 3,387,912
16,733,156 11,268,405
 130,869 9,087,234
6,000,000 519,260
4,226,529 3,756,401
28,023,293 43,739,673
682,065 766,154
480,643 297,289
195,890 224,225
1,444,883 2,100,895
71,894 87,756
2,011,404 6,034,213
43,267,470 66,613,100

65,403,898 83,651,751
Revenue from contract with Customers -Net
Cost of goods sold
Gross Profit
Distribution and Marketing expense
Administrative expense
Operating Profit
Finance cost
Other Expenses

Other Income
Profit before Taxation
Taxation
Profit after Taxation
Earnings per share - basic and diluted (Rs.)
 Nestle Pakistan Limited
INCOME STATEMENT
Notes 2020 2021 2,022
26 188,781,274 133,295,472 162,516,255
27 84,016,549 92,803,347 112,886,474
34,764,725 40,492,125 49,629,781
28 14,256,719 14,897,747 17,347,229
29 4,447,506 4,016,767 5,503,574
16,060,500 21,577,611 26,778,978
30 2,805,015 1,840,228 2,335,994
31 1,019,221 2,079,361 2,282,490
3,824,236 3,919,589 4,618,484
32 354,830 295,578 631,543
12,591,094 17,953,600 22,792,037
33 3,706,499 5,185,499 7,724,321
8,884,595 12,768,101 15,049,,716
34.00 195.91 281.55 331.86
HORIZONTAL ANALYSIS OF BALANCE SHEET
BalanceSheet

ASSETS 2020 vs 2021

Non - Current Assets
Property, plant and equipment 2.07%
Capital work in progress -50.55%
Intangible Assets
Long term loans -10.79%
Total Non-Current Assets -4.54%
Current Assets
Stores and spares 14.06%
Stock-in-trade 14.45%
Trade debts -52.16%
Current portion of long term loans -12.88%
Sales tax refundable - Net 63.25%
Advances, Deposits, payment and other receivables 86.66%
Cash and bank balances -5.72%
Total Current Assets 21.44%
Total Assets 7.38%
Shareholders Equity and Liabilities
Share Capital and reserve's
Authorized Capital
75,000,000 (2019: 75,000,000) ordinary share's of PKR 10 each 0.00%
Issued, Subscribed and paid up capital 0.00%
Share premium 0.00%
General reserve 0.00%
Accumulated profit 37.89%
Cash Flow hedge reserve
Total Shares Capital and Reserve's 28.94%
Non Current LIABILITIES
Long term financing -0.68%
Lease liabilities 232.97%
Deferred taxation -6.85%
Retirement Benefits 8.29%
Total Non-Current Liabilities 1.00%
Current Liabilities
Current portion of long-term liabilities -96.50%
Short-term borrowings - secured -6.51%
Running finance under mark-up arrangements - secured 409.07%
Trade and other payables 5.50%
Contract liabilities 21.31%
Interest and mark-up accrued 58.53%
Customer security deposits - interest free -11.83%
Income tax payable 0.10%
Unclaimed dividend -0.31%
Unpaid dividend 0.00%
Total Current Liabilities 7.77%
Contingencies and Commitments 0.00%
TOTAL EQUITY AND LIABILITIES 7.38%
2021 vs 2022

0.38%
28.93%

31.00%
2.38%

8.07%
45.66%
115.42%
11.78%
66.75%
91.81%
-27.07%
51.56%
27.90%

0.00%
0.00%
0.00%
0.00%
8.19%
-190.22%
6.79%

-45.83%
1093.47%
-99.82%
0.35%
-32.66%

6843.76%
-91.35%
-11.12%
56.08%
12.33%
-38.15%
 14.46%
45.40%
22.06%
200.00%
53.96%
0.00%
27.90%
HORIZONTAL ANLYSIS OF INCOME STATEMENT
BalanceSheet
2020 VS 2021
Revenue from contract with Customers -Net -29.39%
Cost of goods sold 10.46%
Gross Profit 16.47%
Distribution and Marketing expense 4.50%
Administrative expense -9.68%
Operating Profit 34.35%
Finance cost -34.40%
Other Expenses 104.01%
2.49%
Other Income -16.70%
Profit before Taxation 42.59%
Taxation 39.90%
Profit after Taxation 43.71%
Earnings per share - basic and diluted (Rs.) 43.71%
2021 VS 2022
21.92%
21.64%
22.57%
16.44%
37.02%
24.11%
26.94%
9.77%
17.83%
113.66%
26.95%
48.96%
#VALUE!
17.87%
Vertical Analysis of Balance sheet
Balance Sheet
ASSETS 2020
Non - Current Assets
Property, plant and equipment 47%
Capital work in progress 7%
Intangible Assets -
Long term loans 0%
Total Non-Current Assets 54%
Current Assets 0%
Stores and spares 4%
Stock-in-trade 27%
Trade debts 3%
Current portion of long term loans 0%
Sales tax refundable - Net 7%
Advances, Deposits, payment and other receivables 3%
Cash and bank balances 1%
Total Current Assets 46%
Total Assets 100%
Shareholders Equity and Liabilities
Share Capital and reserve's
Authorized Capital
75,000,000 (2019: 75,000,000) ordinary share's of PKR 10 each 1%
Issued, Subscribed and paid up capital 1%
Share premium 0%
General reserve 0%
Accumulated profit 5%
Cash Flow hedge reserve -
Total Shares Capital and Reserve's 7%
Non Current LIABILITIES 0%
Long term financing 20%
Lease liabilities 0%
Deferred taxation 2%
Retirement Benefits 5%
Total Non-Current Liabilities 27%
Current Liabilities 0%
Current portion of long-term liabilities 6%
Short-term borrowings - secured 11%
Running finance under mark-up arrangements - secured 1%
Trade and other payables 44%
Contract liabilities 1%
Interest and mark-up accrued 0%
Customer security deposits - interest free 0%
Income tax payable 2%
Unclaimed dividend 0%
Unpaid dividend -
Total Current Liabilities 66%
Contingencies and Commitments 0%
TOTAL EQUITY AND LIABILITIES 100%
 2021 2022

45% 35%
3% 3%
- -
0% 0%
48% 39%
0% 0%
5% 4%
28% 32%
1% 2%
0% 0%
11% 14%
5% 8%
1% 1%
52% 61%
100% 100%

1% 1%
1% 1%
0% 0%
0% 0%
7% 6%
0% 0%
8% 7%
0% 0%
18% 8%
0% 2%
2% 0%
5% 4%
26% 13%
0% 0%
0% 11%
9% 1%
6% 4%
43% 52%
1% 1%
1% 0%
 0% 0%
2% 3%
0% 0%
3% 7%
66% 80%
0% 0%
100% 100%
Vertical Analysis of Income Statment
Income Statment
2020 2021
Revenue from contract with Customers -Net 100% 100%
Cost of goods sold 45% 70%
Gross Profit 18% 30%
Distribution and Marketing expense 8% 11%
Administrative expense 2% 3%
Operating Profit 9% 16%
Finance cost 1% 1%
Other Expenses 1% 2%
2% 3%
Other Income 0% 0%
Profit before Taxation 7% 13%
Taxation 2% 4%
Profit after Taxation 5% 10%
Earnings per share - basic and diluted (Rs.) 0% 0%
 2022
100%
69%
31%
11%
3%
16%
1%
1%
3%
0%
14%
5%
-
0%