Ananlysis of Comparitive Balance Sheets

For Years Ended March 31, 2021 and 2022

2022 2021 Horizontal Variance
Description
Amount Amount Amount Percentage
Assets
Cash ₹ 330,000 ₹ 280,000 50,000 17.9%
Securities ₹ 200,000 ₹ 220,000 (20,000) -9.1%
Accounts Receivable - AR ₹ 50,000 ₹ 30,000 20,000 66.7%
Notes ₹ 500,000 ₹ 560,000 (60,000) -10.7%
Stock/Inventory ₹ 700,000 ₹ 430,000 270,000 62.8%
Prepaid Expenses ₹ 60,000 ₹ 40,000 20,000 50.0%
Current Assets ₹ 1,840,000 ₹ 1,560,000 280,000 17.9%
Fixed Assets (Property, Plant, Equipment ₹ 4,100,000 ₹ 3,100,000 1,000,000 32.3%
Total Assets ₹ 5,940,000 ₹ 4,660,000 1,280,000 27.5%

Liabilities and Stockholder's Equity

Liabilities
Accounts Payable - AP ₹ 410,000 ₹ 380,000 30,000.00 7.9%
Staff Salaries ₹ 50,000 ₹ 35,000 15,000.00 42.9%
Accrued Liabilities ₹ 12,000 ₹ 15,000 (3,000.00) -20.0%
Short -term borrowings ₹ 123,000 ₹ 86,500 36,500.00 42.2%
Taxes ₹ 40,000 ₹ 20,000 20,000.00 100.0%
Current Liabilities ₹ 635,000 ₹ 536,500 98,500.00 18.4%
Loans ₹ 300,000 ₹ 250,000 50,000.00 20.0%
Other long terms debt ₹ 142,000 ₹ 186,000 (44,000.00) -23.7%
Total Liabilities ₹ 1,077,000 ₹ 972,500 104,500.00 10.7%

Stockholder's Equity
Preferred Stock ₹ 400,000 ₹ 400,000 ₹ - 0.0%
Common Stock ₹ 1,750,000 ₹ 1,450,000 ₹ 300,000 20.7%
Retained Earnings ₹ 1,620,000 ₹ 1,370,000 ₹ 250,000 18.2%
Total Stockholder's Equity ₹ 3,770,000 ₹ 3,220,000 ₹ 550,000 17.1%

Total Liabilities and Stockholder's Equity ₹ 4,847,000 ₹ 4,192,500 ₹ 654,500 15.6%

 Important Formulas

Variance Formula
Current Year Amount - Past Year Amount

Percentage Formula
Variance / Last year Amount
 Asian Paints Ltd Income Statement Comparative Horizontal Ananlysis
For Years Ended March 31, 2016 and 2015
2016 2015 Variance
Description
Amount Amount Amount Percentage
INCOME
Revenue from sale of goods and services (Net of discounts) ₹ 13,992.15 ₹ 12,878.80 ₹ 1,113.35 8.64%
Less: Exicse duty ₹ 1,533.50 ₹ 1,393.13 ₹ 140.37 10.08%
Revenue from sale of goods and services (Net of discounts
₹ 12,458.65 ₹ 11,485.67 ₹ 972.98 8.47%
and excise duty)
Other Operating Revenue ₹ 187.23 ₹ 163.16 ₹ 24.07 14.75%
Other Income ₹ 225 ₹ 187 ₹ 38.48 20.60%
Total Revenue (I) ₹ 12,871.18 ₹ 11,835.65 ₹ 1,035.53 8.75%
EXPENSES
Cost of Materials Consumed 20A ₹ 5,842.29 ₹ 6,191.72 $ (349.43) -5.64%
Purchases of Stock-in-Trade ₹ 524.42 ₹ 380.56 ₹ 143.86 37.80%
Changes in inventories of finished goods, work-in-progress
₹ 162.86 $ (132.43) ₹ 295.29 -222.98%
and stock-in-trade
Employee Benefits Expense ₹ 664.20 ₹ 606.94 ₹ 57.26 9.43%
Other Expenses ₹ 2,972.55 ₹ 2,591.52 ₹ 381.03 14.70%
Total (II) ₹ 10,166.32 ₹ 9,638.31 ₹ 528.01 5.48%
EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND
₹ 2,704.86 ₹ 2,197.34 ₹ 507.52 23.10%
AMORTISATION (EBITDA) (I) -(II)
Depreciation and Amortisation Expense ₹ 238.36 ₹ 223.11 ₹ 15.25 6.84%
Finance Costs ₹ 23.40 ₹ 27.13 $ (3.73) -13.75%
PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX ₹ 2,443.10 ₹ 1,947.10 ₹ 496.00 25.47%
Exceptional Items ₹ 65.35 ₹ 13.53 ₹ 51.82 383.00%
PROFIT BEFORE TAX ₹ 2,377.75 ₹ 1,933.57 ₹ 444.18 22.97%
Less : Tax Expense
Current Tax ₹ 743.74 ₹ 616.42 ₹ 127.32 20.65%
Excess tax provision for earlier years $ (3.33) $ (0.96) $ (2.37) 246.88%
Deferred Tax expense/(benefit) 5 ₹ 39.91 $ (9.29) ₹ 49.20 -529.60%
Total Tax Expenses ₹ 780.32 ₹ 606.17 ₹ 174.15 28.73%
PROFIT AFTER TAX ₹ 1,597.43 ₹ 1,327.40 ₹ 270.03 20.34%
 Product Profitability Analysis
Sales Revenue Data
Shipping
Quantity Total
Product Price/Unit Markup % Cost Charged
Sold Revenue
to Customer

Product 1 ₹ 125 10% 35 ₹ 4,813 ₹ 50

Product 2 ₹ 85 25% 52 ₹ 5,525 ₹ 50
Product 3 ₹ 100 30% 28 ₹ 3,640 ₹ 50
Product 4 ₹ 250 30% 55 ₹ 17,875 ₹ 50
Product 5 ₹ 135 40% 40 ₹ 7,560 ₹ 50
Product 6 ₹ 145 25% 60 ₹ 10,875 ₹ 50
Product 7 ₹ 120 30% 37 ₹ 5,772 ₹ 50
Product 8 ₹ 110 50% 44 ₹ 7,260 ₹ 50

Productwise Revenue

Product 1 Product 2 Product 3 Product 4 Product 5

Total Revenue ₹ 4,813 ₹ 5,525 ₹ 3,640 ₹ 17,875 ₹ 7,560

% of Total Revenue 8% 9% 6% 28% 12%

Productwise Profit
Product 1 Product 2 Product 3 Product 4 Product 5
Profit ₹ 1,313 ₹ 2,384 ₹ 1,540 ₹ 5,500 ₹ 3,160
Profit % 6% 10% 7% 24% 14%

Productwise Revenue % of Total Revenue

₹ 120

₹ 100
Product 1 11% 8%
₹ 80 9%
Product 2
9% 6
₹ 60 Product 3 %
Product 4
₹ 40 Product 5
17%
Product 6
₹ 20
Product 7 28%
₹- Product 8 12%
t1 t2 t3 t4 t5 t6 t7 t8
duc duc duc duc duc duc duc duc
o o o o o o o o
Pr Pr Pr Pr Pr Pr Pr Pr
ysis From: 1/1/2022

To: 31/01/2022

Actual
Return
Shipping Profit/Unit Net Income
Goods
Cost

₹ 25 ₹ 38 0 ₹ 1,313
₹ 25 ₹ 46 1 ₹ 2,384
₹ 25 ₹ 55 0 ₹ 1,540
₹ 25 ₹ 100 0 ₹ 5,500
₹ 25 ₹ 79 0 ₹ 3,160
₹ 25 ₹ 61 0 ₹ 3,675
₹ 25 ₹ 61 2 ₹ 2,185
₹ 25 ₹ 80 0 ₹ 3,520

Product 6 Product 7 Product 8 All

₹ 10,875 ₹ 5,772 ₹ 7,260 ₹ 63,320

17% 9% 11% 100%

Product 6 Product 7 Product 8 All

₹ 3,675 ₹ 2,185 ₹ 3,520 ₹ 23,276
16% 9% 15% 100%

Total Income/Product
₹ 6,000
₹ 5,000
9% ₹ 4,000
6 ₹ 3,000
%
₹ 2,000
₹ 1,000
28% ₹0
1 2 3 4 5 6 7 8
u ct u ct u ct u ct u ct u ct u ct u ct
rod rod rod rod rod rod rod rod
P P P P P P P P
 Name of Company
Break-Even Analysis
Product Name Date :
For the Period: Jun 1,2021- Jun 30,2022
Selling Price (P): ₹ 240
Break-Even Units (X): ₹ 234 Units
Break-Even Sales (S): ₹ 56,160
Fixed Costs
Advertising ₹ 10,000
Accounting, Legal
Depreciation ₹ 1,200
Interest Expense -
Insurance -
Manufacturing ₹ 2,000
Payroll ₹ 6,000
Rent ₹ 12,000
Supplies -
Taxes(real estate, etc.) -
Utilities -
Other (specify) -
Total Fixed Costs (TFC) ₹ 31,200
Variable Costs
Variable Costs based Amount per Unit
Cost of Goods Sold ₹ 25 per unit
Direct Labor ₹ 50 per unit
Overhead ₹ 11 per unit
Other (specify) per unit
Sum: ₹ 86
Variable Costs Based on Percentage
Commissions 7.50% per unit
Other (Specify) 1.00% per unit
Sum: 8.50%
Total Variable Cost per Unit (V) ₹ 106
Contribution Margin per unit (CM) = P - V ₹ 134
Contribution Margin Ration (CMR) = 1 - V/P = cm / P 55.67%
Break - Even Point
Break - Even UnitS (X) X = TFC / (P-V) 234
Break - Even UnitS (S) S = X * P = TFC / CMR ₹ 56,160
 Company Name
Cost Sheet Template
Description Amount
Opening Stock - Raw Material -
Add: Purchase - Raw Material -
Add: Other Purchase Expenses - Raw Material -
Add: Raw Material Utilised -
Add: Direct Labour/Wages -
Add: Other Direct Expenses -
Less: Closing Stock - Raw Material -
PRIME COST (A) -
Add:- Over Heads Expenses Factory
Rent - Factory -
Electricity Charges -
Indirect Material Expenses -
Other Indirect Wages -
Salaries of Production Heads/Supervisors -
Other Salaries -
Insurance - Factory -
Depreciation - Factory -
WORKS COST INCURRED -
Add: Opening Stock - Work in Progress -
Less: Closing Stock - Work in Progress -
WORKS COST (A+B) -
Add:-Administration Over Heads:
Office Rent -
Asset Depreciation -
General Charges -
Audit Fees -
Bank Charges -
Other Office Expenses -
COST OF PRODUCTION (B+C) -
Add: Opening Stock - Finished Goods -
Less: Closing Stock - Finished Goods -
COST OF GOODS SOLD (C+D) -
Add:- Selling and Distribution Overhead Expenses:-
Commisions -
Salary - Sales -
 Travelling Exps -
Advertisement -
Delivery Expenses -
Sales Tax @ 5 % -
Bad Debts -
COST OF SALES (D+E) -
ADD: PROFIT -
SALES -