Financial statements of HSY

8/12/2019 Financial statements of HSY

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HSYFinancial analysis

12/13/2012

Submitted by : Aqsa Omer

Anam Afzal

Chandni Saleem

Submitted to : Mamm huma Fatima

Programme : Bba(hons) eve 5thsemester

University of education bank road campus


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Table of Contents

Acknowledgement

Introduction

History

Balance Sheet

Profit And Loss Statement

Financial Ratios

Financial Ratio Analysis

Liquidity Ratios Current Ratio Quick Ratio

Activity Ratio Inventory Turnover Average Collection Period Average Payment Period Total Asset Turnover

Debt Ratios Debt Ratio Times Interest Earned Ratio

Profitability Ratios Gross Profit Margin Operating Profit Margin


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Net Profit Margin Earnings Per Share Return On Total Asset Return On Common Equity


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Acknowledgement

The directors are thankful to the shareholders, financial

institutions and customers of the company who have

extended their support in one way or the other to the cause

of the company. The directors also place on record their

appreciation for dedicated services rendered by the

employees of the company during this period.


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I ntroduction

Fashion DesignerHassan Sheheryar Yasin

HSYHassan Sheheryar Yasin (HSY) is a big name comes in

the list of top Pakistani fashion designers. He was born in

Lahore, graduated from the Pakistan School ofFashion

Designin 2000 also a member of BOD of the same

institution. Hassan has introduced himself as a fashion

choreographer. He also proved himself as a designer in

several fashion shows in Pakistan and abroad. Yasinreveals his brand title HSY in the year 2000.
http://www.zimbio.com/go/UZdRl4BLFu_/http:/thetrendsinfashion.blogspot.com/2012/06/what-is-fashion-designing-its-history.htmlhttp://www.zimbio.com/go/UZdRl4BLFu_/http:/thetrendsinfashion.blogspot.com/2012/06/what-is-fashion-designing-its-history.htmlhttp://www.zimbio.com/go/UZdRl4BLFu_/http:/thetrendsinfashion.blogspot.com/2012/06/what-is-fashion-designing-its-history.htmlhttp://www.zimbio.com/go/tCOwCDmS_Om/http:/1.bp.blogspot.com/-yO8EkfMB7bk/UAhrZe7JayI/AAAAAAAAB3c/_b6DW4PxaCk/s1600/hys_photo.jpghttp://www.zimbio.com/go/UZdRl4BLFu_/http:/thetrendsinfashion.blogspot.com/2012/06/what-is-fashion-designing-its-history.htmlhttp://www.zimbio.com/go/UZdRl4BLFu_/http:/thetrendsinfashion.blogspot.com/2012/06/what-is-fashion-designing-its-history.html


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The designer has introduced HSY collection of home

furniture, interior accessories, and soft furnishings in

2005. He has also introduced HSY brand jewelry. HSY

won Lux Style Fashion Designer award of the Year 2005.

He also received Best Couture Designer award at DFW,

Dubai, the Most Stylish Fashion Icon at the MTV Style

Awards in 2009.HSY has a numerous range of dresses for

men and women in bridal wear, formal wear and lawn

collections for summer.Fashion designer HSY is considered among the top

Pakistani Fashion designers.


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Balance sheetAssets Dec 31

2009

Dec 31

2010

Dec 31

2011

Cash and

Equivalents253.6

884.6 693.7

TOTAL CASHAND SHORT

TERM

INVESTMEN

T

253.6

884.6 693.7

Accounts

Receivable

410.4390.1 399.5

Inventory 519.7 533.6 649.0

Prepaid

Expenses147.2

134.4 159.7

Other

Current

Assets

14.7

6.7 7.9

TOTAL

CURRENT

ASSETS

1,385.42,005.2 2,046.6


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NET

PROPERTY

PLANT AND

EQUIPMENT

1,404.8

1,437.7 1,559.7

Long-Term

Investments9.2 36.5 40.7

Goodwill 571.6 524.1 516.7

Other

Intangibles

125.5123.1 111.9

Other Long-Term Assets

174.2 124.7 98.0

TOTAL

ASSETS

3,675.04,272.7 4,412.2

LIABILITIES &

EQUITY

Accounts

Payable

287.9 410.7 420.0

AccruedExpenses

535.5 576.1 604.8

Short-Term

Borrowings

24.1 24.1 42.1

Current Portion 15.2 270.3 97.6


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of Long-Term

Debt/Capital

Lease

Other CurrentLiabilities

10.9 8.3 7.4

TOTAL

CURRENT

LIABILITIES

910.61,298.8 1,173.8

Long-Term

Debt

1,502.7 1,541.8 1,748.5

Minority

Interest39.9 35.3 23.6

Other

Liabilities, Total501.3 494.5 617.3

TOTAL

LIABILITIES

2,914.7 3,335.1 3,539.6

Common Stock 359.9 359.9 359.9

Additional Paid

in Capital394.7 434.9 490.8

Retained

Earnings4,148.4 4,374.7 4,699.6

Treasury Stock -3,979.6 -4,052.1 -4,259.0

Comprehensive

Income and

Other

-202.8-215.1 -442.3


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TOTAL

COMMON

EQUITY

720.5902.3 849.0

TOTAL EQUITY 760.3 937.6 872.6

TOTAL

LIABILITIES

AND EQUITY

3,675.04,272.7 4,412.2


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Income statementDec 312009

Dec 312010

Dec 312011

Revenues 5,298.7 5,671.0 6,080.8

TOTAL

REVENUES

5,298.75,671.0 6,080.8

Cost of

Goods Sold

3,235.43,242.2 3,503.8

GROSS

PROFIT

2,063.32,428.9 2,577.0

Selling

General &

Admin

Expenses,Total

1,202.6 1,425.0 1,472.8

OTHER

OPERATING

EXPENSES,

TOTAL

1,202.6

1,425.0 1,472.8

OPERATING

INCOME 860.7 1,003.9 1,104.2

Interest

Expense

-91.3-91.8 -94.8

Interest and 0.9 1.3 2.6


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Investment

Income

NET

INTEREST

EXPENSE

-90.5 -90.5 -92.2

EBT,

EXCLUDING

UNUSUAL

ITEMS

770.3 913.3 1,012.0

Merger &Restructuring

Charges

-99.1-98.6 -49.2

Other

Unusual

Items, Total

---5.9 --

OtherUnusual

Items

-- -5.9 --

EBT,

INCLUDING

UNUSUAL

ITEMS

671.1 808.9 962.8

Income Tax

Expense 235.1 299.1 333.9


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Earnings

from

Continuing

Operations

436.0 509.8 629.0

NET INCOME436.0 509.8 629.0

NET INCOME

TO

COMMON

INCLUDINGEXTRA ITEM

436.0 509.8 629.0

NET INCOME

TO

COMMON

EXCLUDING

EXTRA ITEMS

436.0 509.8 629.0


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Financial RatiosLiquidity Ratios2009 2010 2011

Current Ratio 1.52 1.54 1.74

Quick Ratio 0.81 1.04 1.19

Activity Ratios2009 2010 2011

Inventory

Turnover

5.84 6.18 6.00

Average

Collection

Period

28.8 25.1 23.9

Average

Payment

97.9 114.5 106.3


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Period

Total Asset

Turnover

13.52 13.76 14.70

Profitability Ratios

2009 2010 2011

Gross Profit

Margin

38.75 42.59 41.64

Operating

Profit Margin

14.3% 15.9% 17.35%

Net Profit

Margin

8.23 8.99 10.34

Earnings Per

Share

33.36 28.39 25.67

Return On

Total Asset

13.52 13.76 14.70


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Return On

Common

Equity

83.59 62.83 71.83

Debt Ratios2009 2010 2011

Debt Ratio 2.00 1.64 1.98

Times

Interest

Earned Ratio

0 0 0

Financial statements of HSY

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