Comparitive and Common Size Statements
Comparitive and Common Size Statements
Comparitive and Common Size Statements
● Comparison of financial statements for a number of years may also indicate the
strong points and weak points of the firm.
● Comparative statements help a business unit to compare its performance with the
average performance of the industry.
● Common size statements provide a common base for comparison. Common size
balance sheet: A common size balance sheet is a balance sheet that displays both
the numeric value and relative percentage for total assets, total liabilities, and
equity accounts.
-Non-current liabilities
a))Long term borrowings 462.76 447.75 15.01 3.35%
b))Long term provisions 9.87 6.69 3.18 47.5%
c)Deferred Tax liabilities 53.76 87.81 (34.05) (38.77%)
e)Other Non-current liabilities 4.79 3.85 0.94 24.4%
-Current liabilities
a)Short term borrowings 334.5 285.01 49.49 16.3%
b)Trade Payables 1,065.81 999.33 66.48 6.65%
c)Other Current Liabilities 64.17 60.12 4.05 6.73%
d) Provisions 46.35 31.97 14.38 44.9%
e)Other Financial liabilities 192.22 193.30 (1.08) (0.55%)
f)Current Tax liabilities 3.54 3.63 (0.09) (2.47%)
Findings:
Working capital for the year 2020 = current assets-current liabilities
= 2,586.35-1,706.59
= 879.76
= 2,582.59-1,573.36
= 1,009.23
● In both the years current assets have exceeded the current liabilities. However,
the working capital has decreased in the year 2020 as compared to the year 2019.
● The financial assets have decreased in the year 2020 as compared to the year
2019. However non-current assets have increased in the year 2020 as compared to
2019.
● Inventories have increased in the year 2020.
● Fixed assets such as capital work in progress have increased whereas intangible
assets have decreased.
● The long term borrowings have increased in the year 2020.
● The share capital of the company has not changed.
● Reserves and surplus have increased in the year 2020.
Findings:
● Rfo of the company has increased in the year 2020.
● Other incomes of the company have increased as well in the year 2020.
● The expenses of the company have increased.
● The earnings before tax have increased in the year 2020
● The earnings after tax have increased as well in the year 2020
-Non-current liabilities
a))Long term borrowings 462.76 447.75 9.43% 9.80%
b))Long term provisions 9.87 6.69 0.20% 0.14%
c)Deferred Tax liabilities 53.76 87.81 1.09% 1.92%
e)Other Non-current 4.79 3.85 0.09% 0.08%
liabilities
-Current liabilities
a)Short term borrowings 334.5 285.01 6.81% 6.24%
b)Trade Payables 1,065.81 999.33 21.7% 21.88%
c)Other Current 64.17 60.12 1.30% 1.31%
Liabilities
d) Provisions 46.35 31.97 0.94% 0.70%
e)Other Financial 192.22 193.30 3.91% 4.23%
liabilities
f)Current Tax liabilities 3.54 3.63 0.07% 0.07%
Findings:
● The percentage of share capital has decreased in the year 2020 as compared to
2019.
● The percentage of current assets have reduced similarly the percentage of current
liabilities have reduced.
● The percentage of non current assets have reduced in the year 2020 as compared
to 2019.
Findings:
● Percentage of rfo remains 100 for both the years.
● Percentage of income has increased in the year 2020 as compared to 2019.
● Percentage of expenses have reduced from 87.4% in 2020 to 86.14% in 2019.
● The net profit after tax has increased in the year 2020 as compared to the year
2019.