SANDY MANUFACTURING PTY LTD STATEMENT OF FINANCIAL POSTION AT 30 JUNE 2021 Notes SHAREHOLDER CONTRIBUTION Share...

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SANDY MANUFACTURING PTY LTD STATEMENT OF FINANCIAL POSTION AT 30 JUNE 2021 Notes SHAREHOLDER CONTRIBUTION Share capital Shareholders loans Distributable reserve 2021 2020 3 1000 1000 4 10 651 600 5637 400 3 054 200 3029 900 13 706 800 8 668 300 NON-CURRENT LIABILITIES Long term liability 11 2 961 200 1 550 000 CURRENT LIABILITIES Accounts payable (including current 17 396 000 5772 700 portion of long term liability) Bank overdraft 9 927 300 4 465 000 27 323 300 10 237 700 43 991 300 20 456 000 TOTAL NON-CURRENT ASSETS Equipment, fittings and vehicles 5 7 093 500 Trade investment 164 300 7 257 800 5 921 600 1415 400 7337000 CURRENT ASSETS Stock Accounts receivable 27 389 200 Cash on hand 53 200 36 733 500 9 291 100 7 476 900 5599 700 42 400 13 119 000 TOTAL 43 991 300 20 456 000 SANDY MANUFACUTURING PTY LTD DETAILED STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 30 JUNE 2021 PRINCIPAL REVENUE 2021 159 697 500 2020 107 043 200 Less: COST OF SALES Opening stock 7 476 900 6 486 900 Purchases Closing stock DIRECT OPERATING EXPENSES Repairs and maintenance Depreciation - tools Depreciation - plant/ equip Rent Wages Water and electricity OTHER OPERATING EXPENSES Advertising 89 881 400 9 291 100 1 158 600 100 100 2 455 300 3 958 100 28 337 400 1 602 900 56 820 100 7 476 900 21100 100 000 1 075 800 3 883 100 22 519 800 1 178 300 531 100 256 000 Accounting fee Auditors' remuneration Bank charges Bad debts Depreciation - motor vehicle Depreciation - Furn/ fittings Marketing & entertainment General expenses Insurance Legal expenses Motor vehicle expenses Printing and stationery Salaries and contributions Telephone OTHER INCOME Profit on sale of fixed assets 407 900 199 000 190 000 497 800 469 600 247 100 905 900 215 600 3 341 300 576 100 2446 700 8 100 3 720 000 259 100 17 992 900 970 700 750 900 213 100 2 669 000 479 200 2 302 900 129 300 2 443 200 210 500 10 456 800 668 400 Interest received INTEREST PAID NET INCOME FOR THE YEAR 447 500 6000 304 000 2 127 800 1 317 100 24 300 183 000 Liquidity Ratio Current Ratio = Current Assets / Current Liabilities Solvency Ratio Debt Ratio = Total Debt / Total Assets Profitability Ratio ROA = Net Income / Total Assets * 100 ROE = Net Income / Total Equity * 100 Financial Leverage Factor = ROE / ROA Gross Profit Ratio = Gross Profit / Turnover (sales) * 100 Net Profit Margin =Net Income / Turnover (sales) *100 Activity Ratio Turnover Ratio of Current Assets = Sales / Current Assets 2021 2020 43,991,300/27,323,300 = 1.61 30,284,500/43,991,300 = 0.69 24,300/43,991,300 = 0.06% 24,300 / 13,706,800 = 0.2% 0.06% 0.25 0.3% 71,630,300 / 159,697,500 = 44.85% 24,300 / 159,697,500 = 0.02% Debtors Payment Period = Account Receivable / Net Sales *365 Credit Payment Period = Accounts Payable / Purchases * 365 159,697,500 / 36,733,500 4.35 27,389,200/ 159,697,500 *365 = 62.60 17,396,000/ 89,881,400 *365 = 70.64 SANDY MANUFACTURING PTY LTD STATEMENT OF FINANCIAL POSTION AT 30 JUNE 2021 Notes SHAREHOLDER CONTRIBUTION Share capital Shareholders loans Distributable reserve 2021 2020 3 1000 1000 4 10 651 600 5637 400 3 054 200 3029 900 13 706 800 8 668 300 NON-CURRENT LIABILITIES Long term liability 11 2 961 200 1 550 000 CURRENT LIABILITIES Accounts payable (including current 17 396 000 5772 700 portion of long term liability) Bank overdraft 9 927 300 4 465 000 27 323 300 10 237 700 43 991 300 20 456 000 TOTAL NON-CURRENT ASSETS Equipment, fittings and vehicles 5 7 093 500 Trade investment 164 300 7 257 800 5 921 600 1415 400 7337000 CURRENT ASSETS Stock Accounts receivable 27 389 200 Cash on hand 53 200 36 733 500 9 291 100 7 476 900 5599 700 42 400 13 119 000 TOTAL 43 991 300 20 456 000 SANDY MANUFACUTURING PTY LTD DETAILED STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 30 JUNE 2021 PRINCIPAL REVENUE 2021 159 697 500 2020 107 043 200 Less: COST OF SALES Opening stock 7 476 900 6 486 900 Purchases Closing stock DIRECT OPERATING EXPENSES Repairs and maintenance Depreciation - tools Depreciation - plant/ equip Rent Wages Water and electricity OTHER OPERATING EXPENSES Advertising 89 881 400 9 291 100 1 158 600 100 100 2 455 300 3 958 100 28 337 400 1 602 900 56 820 100 7 476 900 21100 100 000 1 075 800 3 883 100 22 519 800 1 178 300 531 100 256 000 Accounting fee Auditors' remuneration Bank charges Bad debts Depreciation - motor vehicle Depreciation - Furn/ fittings Marketing & entertainment General expenses Insurance Legal expenses Motor vehicle expenses Printing and stationery Salaries and contributions Telephone OTHER INCOME Profit on sale of fixed assets 407 900 199 000 190 000 497 800 469 600 247 100 905 900 215 600 3 341 300 576 100 2446 700 8 100 3 720 000 259 100 17 992 900 970 700 750 900 213 100 2 669 000 479 200 2 302 900 129 300 2 443 200 210 500 10 456 800 668 400 Interest received INTEREST PAID NET INCOME FOR THE YEAR 447 500 6000 304 000 2 127 800 1 317 100 24 300 183 000 Liquidity Ratio Current Ratio = Current Assets / Current Liabilities Solvency Ratio Debt Ratio = Total Debt / Total Assets Profitability Ratio ROA = Net Income / Total Assets * 100 ROE = Net Income / Total Equity * 100 Financial Leverage Factor = ROE / ROA Gross Profit Ratio = Gross Profit / Turnover (sales) * 100 Net Profit Margin =Net Income / Turnover (sales) *100 Activity Ratio Turnover Ratio of Current Assets = Sales / Current Assets 2021 2020 43,991,300/27,323,300 = 1.61 30,284,500/43,991,300 = 0.69 24,300/43,991,300 = 0.06% 24,300 / 13,706,800 = 0.2% 0.06% 0.25 0.3% 71,630,300 / 159,697,500 = 44.85% 24,300 / 159,697,500 = 0.02% Debtors Payment Period = Account Receivable / Net Sales *365 Credit Payment Period = Accounts Payable / Purchases * 365 159,697,500 / 36,733,500 4.35 27,389,200/ 159,697,500 *365 = 62.60 17,396,000/ 89,881,400 *365 = 70.64