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Student Name

Company Name
Industry

Financial highlights of Cash Flow Statement (Rupees in thousand)

Net Cash generated/(used in) from operating activities


Net Cash generated /(used in) from investing activities
Net Cash generated /(used in) from financing activities

Net Increase / (decrease) in cash and cash equivalents

Cash and Cash Equivalents at the beginning of the year

Cash and Cash Equivalents at the end of the Year


M.Usman Bilal Sufi - Section A - 13U00231
Colony Textiles Limited
Textiles

2015 2014 2013 2012 2011

1050879 1628186 863552 99,102 738287


-597100 -960690 -887715 -64,066 -262541
-460389 -687780 14476 -13617 -442360

-6610 -20284 -9687 21419 33386

64881 85165 58719 37300 3914

58271 64881 49032 58719 37300


Company Name
Industry

Financial Ratios

Liquidity Ratios Current Ratio


Quick Ratio
Inventory TO
Days Sales in Inventory
Receivables TO
Days Sales in Receivables

Profitability Ratios Return on Sales


Gross Profit Margin
Operating Profit Margin

EBITDA to Sales
Return on Assets (ROA)
Return on Equity (ROE)
Return on net operating Assets (RNOA)

Solvency Ratios Liabilities to Equity ratio


Total Leverage
EBITDA Coverage Ratio
Times Interest Earned

Asset Utilization & Efficiency Ratios Sales to Asset ratio (turnover)


Sales to Avg NWC
Sales to Fixed Assets turnover

Market Value Ratios Price Earning Ratio


Dividend Yield
Market to Book Value
Formula 2014 2013 2012 2011 2010 Average

CA / CL 0.807186 0.823645 0.829521 0.938855 0.813992 84%


(CA - Inventories)/CL 0.200816 0.240139 0.283693 0.271204 0.230073 25%
CGS / Avg Inventory 2.791578 4.762121 4.203528 3.132645 3.513554 368%
365/ Inventory TO 130.7504 76.64651 86.83182 116.515 103.8834 10293%
Net Sales / Average Account Receivables 21.09647 22.4556 17.56706 15.94008 19.3839 1929%
365/ Receivables TO 17.30147 16.2543 20.77752 22.89826 18.83006 1921%
#DIV/0!
NI / Sales -5.6% -1.1% 1.9% -2.7% 0.5% -1%
GP / Sales 4.5% 7.5% 10.1% 11.0% 14.2% 9%
EBT / Sales -5.3% -0.2% 1.9% -2.3% 2.1% -1%
EBIT / Sales 1.6% 5.1% 6.9% 8.6% 12.7% 7%
EBITDA / Sales 1.7% 5.2% 6.9% 8.7% 12.7% 7%
NI / Avg TA -3.2% -1.1% 2.1% -2.4% 0.5% -1%
NI / Avg Equity -9.8% -3.8% 11.0% -12.3% 2.4% -2%
NOPAT / Avg NOA 0.8% 4.3% 6.7% 6.1% 10.4% 6%
#DIV/0!
TL / Equity 2.171977 1.939571 3.982184 4.328475 3.820951 325%
Total Debt / EBITDA 68.27973 16.12421 10.2316 10.32233 6.116068 2221%
#DIV/0!
EBIT / Interest Expense 0.227292 0.772502 1.191197 0.887711 1.21623 86%
#DIV/0!
Sales / TA 0.580408 0.792675 1.126624 0.907955 1.017409 89%
Sales / Avg NWC -9.87714 -17.5507 -24.5786 -17.862 -13.2394 -1662%
Sales / Fixed Assets 0.806283 1.112997 1.76629 1.450451 1.625462 135%
#DIV/0!
Stock Price / EPS -9.61111 -40.8085 9.583333 -7.64444 41.42857 -141%
Dividend Per share / Stock Price 0 0 0 0 0 0%
Stock Price / Book Value per Share 0.285193 29%
Percentage Change
Total Assets 100.4152436851
Trade Debt -28.3799455292
Stock In Trade 58.2916581805
Property, Plant and Equipment 130.4934323619
Short Term Investments -93.237704918
Long Term Investments -50.385863888
Total Liabilities 73.1479453766
Long Term Financing 76.7583663789
Short Term Financing 29.2669584901
Equity 204.6026167725
Sales 14.3322897067
COS 27.1545634478
Total Operating Expenses 27.9142265716
NI -1414.912242115

Trend Percent 2015


Total Assets 200.4152436851
Trade Debt 71.6200544708
Stock In Trade 158.2916581805
Property, Plant and Equipment 230.4934323619
Short Term Investments 6.762295082
Long Term Investments 49.614136112
Total Liabilities 173.1479453766
Long Term Financing 176.7583663789
Short Term Financing 129.2669584901
Equity 304.6026167725
Sales 114.3322897067
COS 127.1545634478
Total Operating Expenses 127.9142265716
NI -1314.912242115
2014 2013 2012 2011
204.9491 102.0266 97.73881 100
138.482 137.1899 112.1372 100
156.5118 94.25203 101.92 100
233.2001 103.971 97.74845 100
6.147541 5.327869 121.7213 100
58.26595 61.77652 50.56511 100
170.6196 102.8908 100.1752 100
167.2537 93.25007 109.3894 100
134.672 91.83144 86.79174 100
336.1203 98.72486 88.42944 100
159.6783 112.9789 87.22399 100
172.0552 118.2806 90.42345 100
152.1254 142.0524 145.4058 100
-343.528 429.5635 -482.437 100
Company Name Colony Textiles L
Industry Textiles

Balance Sheet (Rupees in thousand) 2015


Assets
Non-Current Assets
Property, Plant and Equipment 19790959
Intangible Assets 0
Long-term Investments 247451
Long-term loans & Advances 0
Long-Term deposits 49650
Deferred income tax asset 0
Investment Property 431615

Total Non-Current Assets 20519675


Current Assets
Stores, spare parts and loose tools 253974
Stock-in-Trade 5238387
Trade Debts 515678
Loans and Advances 190928
Short term deposits and prepayments 92260
Accrued Interest
other Receivables 623695
Short term Investments 33
Cash and Bank Balances 58271

Total Current Assets 6973226


Total Assets 27492901

Liabilities and Equity 2015


Share Capital & Reserves
Issued, subscribed and paid up share capital 4980100
Reserves 3686801

Surplus/Deficit on revaluation of operating fixed assets 536


Total Equity 8667437
Non-Current Liabilities
Long-Term Financing 7758181
Liabilities agaisnt assets subject to finance lease 37513
Directors' subordinated loan 120000
Deferred Liabilities 2270850
Total Non-Current Liabilities 10186544
Current Liabilities
Trade and other Payables 1965358
Accrued mark-up 1172999
Short-Term Borrowings 4315050
Current portion of non-current liabilities 1021787
Provision for taxation 163736
Total Current Liabilities 8638930
Total Liabilities 18825474
Contingencies & Commitment 0
Total Equity and Liabilities 27492911

Additional Data
2015
Net Working Capital (CA -CL) -1665704
Average NWC -1615559
Operating Assets 26573224
Operating Liabilities 4399944
Net Operating Assets 22173280
Average NOA 23107143
Total Inventory = Stock in Trade + Stores, Spare parts 5492361
Average Inventory 5456697.5
Average Receivables 756387.5
Average Total Assets 27803877
Average Equity 9115853.5

Market Stock Price (closing date) 10


Market Value of Equity 4980100
Lease payments
Loan repayments (current portion of long term debt) 1021787

Net Financial Obligation (NFO) 13987118


Net Financial Expense (NFE) -943805
LEV 1.6137548
Net Borrowing Cost NBC
Spread 0.0753777
ROE computed -0.103463
NFR -0.067477
RNOA 1%
ROCE 13%
Colony Textiles Limited
Textiles

2014 2013 2012 2011

20,023,366 8,927,310 8393018 8586344

290,602 308,111 252194 498751

58,193 20,305 19626 19626


0
431,615

20803776 9255726 8664838 9104721

241,547 116,414 133437 100255


5,179,487 3,119,107 3372864 3309326
997,097 987,793 807409 720019
184,950 152,146 251759 445860
79,445

563,639 315,738 118160


30 26 594 488
64,881 49,032 58719 37300

7311076 4740256 4742942 4613248


28114852 13995982 13407780 13717969

2014 2013 2012 2011

4980100 2,441,763 2441763 2441763


4583558 366,806 73848 402865

612 637 640 862


9564270 2809206 2516251 2845490

7341006 4,092,881 4801258 4389145


50581 11,087 31298 52614
120000 120,000 100000 100000
2162505 1,248,359 907137 663284
9674092 5,472,327 5839693 5205043
1499618 1,090,779 1223292 1420063
948806 335,732 238708 234768
4495475 3,065,418 2897188 3338092
1705848 1,126,099 571265 534775
226743 96,421 121383 139738
8876490 5714449 5051836 5667436
18550582 11186776 10891529 10872479

28114852 13995982 13407780 13717969

2014 2013 2012 2011


-1565414 -974193 -308894 -1054188
-1269803.5 -641543.5 -681541 -1054188
27,929,872 13,535,699 12903233 12772870
3888866 2,435,559 2251812 2223085
24041006 11100140 10651421 10549785
17570573 10875780.5 10600603 10549785
5421034 3235521 3506301 3409581
4328277.5 3370911 3457941 3409581
992445 897601 763714 720019
21055417 13701881 13562875 13717969
6186738 2662728.5 2680870.5 2845490

10 10 10 10
4980100 2441763 2441763 2441763

1705848 1126099 571265 534775

14,186,134 8,290,934 8135170 7704295


-550946 292958 -329017 68199
1.483242736 2.95134426 3.2330519 2.707546

0.070571938 0.03012526 0.1006818 0.0947249


-0.024495649 0.10428498 -0.130757 0.0239674
-0.038836938 0.03533474 -0.040444 0.0088521
3% 7% 6% 10%
14% 15% 39% 36%
Balance Sheet (Rupees in thousand) 2015
Assets

Property, Plant and Equipment 71.99%


Intangible Assets 0.00%
Long-term Investments 0.90%
Long-term loans & Advances 0.00%
Long-Term deposits 0.18%
Deferred income tax asset 0.00%
Investment Property 1.57%
0.00%
Total Non-Current Assets 74.64%
0.00%
Stores, spare parts and loose tools 0.92%
Stock-in-Trade 19.05%
Trade Debts 1.88%
Loans and Advances 0.69%
Short term deposits and prepayments 0.34%
Accrued Interest 0.00%
other Receivables 2.27%
Short term Investments 0.00%
Cash and Bank Balances 0.21%
0.00%
Total Current Assets 25.36%
Total Assets 100.00%
0.00%
Liabilities and Equity 0.01%
0.00%
Issued, subscribed and paid up share capital 18.11%
Reserves 13.41%
0.00%
Surplus/Deficit on revaluation of operating fixed assets 0.00%
Total Equity 31.53%
2015
Long-Term Financing 28.22%
Liabilities agaisnt assets subject to finance lease 0.14%
Directors' subordinated loan 0.44%
Deferred Liabilities 8.26%
Total Non-Current Liabilities 37.05%
0.00%
Trade and other Payables 7.15%
Accrued mark-up 4.27%
Short-Term Borrowings 15.70%
Current portion of non-current liabilities 3.72%
Provision for taxation 0.60%
Total Current Liabilities 31.42%
Total Liabilities 68.47%
Contingencies & Commitment 0.00%
Total Equity and Liabilities 100.00%
2014 2013 2012 2011

71.22% 63.78% 62.60% 62.59%


0.00% 0.00% 0.00% 0.00%
1.03% 2.20% 1.88% 3.64%
0.00% 0.00% 0.00% 0.00%
0.21% 0.15% 0.15% 0.14%
0.00% 0.00% 0.00% 0.00%
1.54% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
74.00% 66.13% 64.63% 66.37%
0.00% 0.00% 0.00% 0.00%
0.86% 0.83% 1.00% 0.73%
18.42% 22.29% 25.16% 24.12%
3.55% 7.06% 6.02% 5.25%
0.66% 1.09% 1.88% 3.25%
0.28% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
2.00% 2.26% 0.88% 0.00%
0.00% 0.00% 0.00% 0.00%
0.23% 0.35% 0.44% 0.27%
0.00% 0.00% 0.00% 0.00%
26.00% 33.87% 35.37% 33.63%
100.00% 100.00% 100.00% 100.00%
0.00% 0.00% 0.00% 0.00%
0.01% 0.01% 0.02% 0.01%
0.00% 0.00% 0.00% 0.00%
17.71% 17.45% 18.21% 17.80%
16.30% 2.62% 0.55% 2.94%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.01%
34.02% 20.07% 18.77% 20.74%
2014 2013 2012 2011
26.11% 29.24% 35.81% 32.00%
0.18% 0.08% 0.23% 0.38%
0.43% 0.86% 0.75% 0.73%
7.69% 8.92% 6.77% 4.84%
34.41% 39.10% 43.55% 37.94%
0.00% 0.00% 0.00% 0.00%
5.33% 7.79% 9.12% 10.35%
3.37% 2.40% 1.78% 1.71%
15.99% 21.90% 21.61% 24.33%
6.07% 8.05% 4.26% 3.90%
0.81% 0.69% 0.91% 1.02%
31.57% 40.83% 37.68% 41.31%
65.98% 79.93% 81.23% 79.26%
0.00% 0.00% 0.00% 0.00%
100.00% 100.00% 100.00% 100.00%
Company Name Colony Textile Limited
Industry Textiles

Income Statement (Rupees in thousand) 2015 2014 2013

Net Sales 15957105 22285945 15768215


Cost of Sales 15232795 20611783 14169719
Gross Profit 724310 1674162 1598496

Distribution Cost 250408 315436 238132


Administrative Expenses 212433 220010 174978
Other Expenses 0 0 100888

Other Operating Income 0 0


Profit/Loss from Operation (EBIT) 261469 1138716 1084498

Finance Cost (Interest Expense) 1150368 1474062 910427


Other Operating Charges 0 15000
Other Income 47048 316663 122938
Profit/Loss Before Taxation (EBT) -841851 -33683 297009

Taxation 54906 200600 4051

Profit/Loss After Taxation (NI after Tax) -896757 -234283 292958

EPS -1.8 -0.47 1.2

Additional Information
2014 2013 2012
Dividend Per Share 0 0 0
Depreciation 14242 11764 8857
Ammortization 0 0 0
EBITDA 275711 1150480 1093355
NOPAT 175184.2 762939.7 726613.7
RNOA 1% 3% 7%
ny Textile Limited
Textiles

2012 2011

12173659 13956779 2015 2014 2013 2012 2011


10832501 11979747 Operating expenses 462841 550446 513998 526132 361837
1341158 1977032

241687 219034
141834 127080

88325 137795
1045962 1768713

1178269 1454259
142611 15723

-274918 298731

54099 230532

-329017 68199

-1.35 0.28

2011 2010
0 0
9181 8978
0 0
1055143 1777691
641616.8 1092715
6% 10%
Income Statement (Rupees in thousand) 2015 2014

Net Sales 100.00% 100.00%


Cost of Sales 95.46% 92.49%
Gross Profit 4.54% 7.51%
0.00% 0.00%
Distribution Cost 1.57% 1.42%
Administrative Expenses 1.33% 0.99%
Other Expenses 0.00% 0.00%
0.00% 0.00%
Other Operating Income 0.00% 0.00%
Profit/Loss from Operation (EBIT) 1.64% 5.11%
0.00% 0.00%
Finance Cost (Interest Expense) 7.21% 6.61%
Other Operating Charges 0.00% 0.07%
Other Income 0.29% 1.42%
Profit/Loss Before Taxation (EBT) -5.28% -0.15%
0.00% 0.00%
Taxation 0.34% 0.90%
0.00% 0.00%
Profit/Loss After Taxation (NI after Tax) -5.62% -1.05%
2013 2012 2011

100.00% 100.00% 100.00%


89.86% 88.98% 85.83%
10.14% 11.02% 14.17%
0.00% 0.00% 0.00%
1.51% 1.99% 1.57%
1.11% 1.17% 0.91%
0.64% 0.00% 0.00%
0.00% 0.00% 0.00%
0.00% 0.73% 0.99%
6.88% 8.59% 12.67%
0.00% 0.00% 0.00%
5.77% 9.68% 10.42%
0.00% 1.17% 0.11%
0.78% 0.00% 0.00%
1.88% -2.26% 2.14%
0.00% 0.00% 0.00%
0.03% 0.44% 1.65%
0.00% 0.00% 0.00%
1.86% -2.70% 0.49%
Cash Flow From Operating Activities 2015 2015
Cash Generated from operations 2021115 66.778%
Finance cost paid -788115 -26.040%
Workers' profit participation fund paid 0 0.000%
Staff retirement benefits paid -53636 -1.772%
Income tax paid -128415 -4.243%
0.000%
Net cash generated from operating activities 1050879 34.721%
0.000%
Cash flow generated from investing activities 0.000%
0.000%
Fixed capital expenditure -606773 -20.048%
Proceeds from disposal of property, plant and equipment 1130 0.037%
Investment property 0 0.000%
Proceeds from long term loan- net 0 0.000%
Long term deposits 8543 0.282%
Receipt of musharika loan from CSUML 0 0.000%
Proceeds from disposal of investment in CSUML 0 0.000%
Net cash used in investing activities -597100 -19.728%
0.000%
Cash flow generated from financing activities 0.000%
Long term finances repaid -257771 -8.517%
Long term finances obtained 0 0.000%
Directors' subordinated loan obtained 0 0.000%
Lease rentals paid/obtained -22183 -0.733%
Lease finances repayments 0 0.000%
Short term borrowings - net -180435 -5.962%
Net cash used in financing activities -460389 -15.211%
0.000%
Net decrease in cash and cash equivalents -6610 -0.218%
Cash and cash equivalents at beginning of the year 64881 2.144%
Cash and cash equivalents at end of the year 58271 1.925%
0.000%
Total Inflows 3026600 100.000%
2014 2014 2013 2013 2012 2012 2011 2011
2510556 83.749% 1,391,394 61.82% 1096274 43.79% 1,827,733 63.3032426%
-6210144 -207.162% -448,393 -19.92% -839976 -33.55% -910929 -31.5498814%
-15895 -0.530% 0 0.00% -15723 -0.63% -19564 -0.6775960%
-46466 -1.550% -26,278 -1.17% -27396 -1.09% -20358 -0.7050961%
-199865 -6.667% -53,171 -2.36% -114077 -4.56% -138595 -4.8002158%
0.000% 0.00% 0.00% 0.0000000%
1628186 54.314% 863,552 38.36% 99102 3.96% 738287 25.5704532%
0.000% 0.00% 0.00% 0.0000000%
0.000% 0.00% 0.00% 0.0000000%
0.000% 0.00% 0.00% 0.0000000%
-957056 -31.926% -891890 -39.62% -176556 -7.05% -263812 -9.1370868%
7139 0.238% 4168 0.19% 2864 0.11% 1271 0.0440209%
-23480 -0.783% 686 0.03% 0 0.00% 0 0.0000000%
17509 0.584% 0 0.00% 0 0.00% 0 0.0000000%
-4802 -0.160% -679 -0.03% 0 0.00% 0 0.0000000%
0 0.000% 0 0.00% 87626 3.50% 0 0.0000000%
0 0.000% 0 0.00% 22000 0.88% 0 0.0000000%
-960690 -32.047% -887715 -39.44% -64066 -2.56% -262541 -9.0930659%
0.000% 0.00% 0.00% 0.0000000%
0.000% 0.00% 0.00% 0.0000000%
-672286 -22.427% -304620 -13.53% -156300 -6.24% -38128 -1.3205572%
0 0.000% 159940 7.11% 639747 25.56% 0 0.0000000%
0 0.000% 20000 0.89% 0 0.00% 0 0.0000000%
-26720 -0.891% -29,074 -1.29% -56160 -2.24% 0 0.0000000%
0 0.000% 0 0.00% 0 0.00% -74232 -2.5710135%
11226 0.374% 168230 7.47% -440904 -17.61% 0 0.0000000%
-687780 -22.943% 14476 0.64% -13617 -0.54% -442360 -15.3210684%
0.000% 0.00% 0.00% 0.0000000%
-20284 -0.677% -9687 -0.43% 21419 0.86% 33386 1.1563188%
85165 2.841% 58719 2.61% 37300 1.49% 3914 0.1355608%
64881 2.164% 49032 2.18% 58719 2.35% 37300 1.2918796%
0.000% 0.00% 0.00% 0.0000000%
2997725 100.000% 2250885 100.00% 2503333 100.00% 2887266 100.0000000%