Analisis Laporan Keuangan

A. Horizontal Analysis

PT. Gajah Tunggal, Tbk.

Condsolidated Statements of Financial Position

December 31, 2014 and 2013

Increase or Decrease
during 2013
2014 2013 Amount Percent
ASSETS
Current Assets 6,283,252 6,843,853 (560,601) (8,19%)
Non Current Assets 9,759,645 8,506,901 1,252,744 14,73%
Total Assets 16,042,897 15,350,754 692,143 4,51%

LIABILITIES
Current Liabilities 3,116,223 2,964,235 151,988 5,13%
Non Current Liabilities 6,943,382 6,662,176 281,206 4,22%
Total Liabilities 10,059,605 9,626,411 433,194 4,50%

EQUITY
Share Capital-Ordinary 1,742,400 1,742,400 - 0,00%

Additional paid in capital (502,515) (502,515) - 0,00%

Other Comprehensive 712,223 688,294 23,929 3,48%
Retained Earnings
Appropriated 55,000 50,000 5,000 10,00%
Unappropriated 3,976,623 3,746,603 230,020 6,14%
Total 5,983,731 5,724,782 235,020 6,19%
Less cost of Treasury stocks- 254000 (439) (439) - 0.00%
Total Equity 5,983,731 5,724,343 258,949 4,52%
Total Equity and Liabilities 16,042,897 15,350,754 692,143 4,51%

Increase or Decrease
during 2013
2014 2013 Amount Percent
Net Sales 13,070,734 12,352,917 717,817 5,81%
Cost Of Good Sold 10,625,591 9,864,990 760,601 7,71%
Gross Profit 2,445,143 2,487,927 (42,784) (1,72%)

Selling expense (793,732) (709,685) (84,047) 11,84%

General and Administrative exp (497,675) (412,910) (84,765) 20,53%
Finance cost (621,108) (576,137) (44,971) 7,81%
Loss on Foreign exchange- net (179,426) (889,998) 710,572 (79,84%)
Equity in net income (loss) of
associate (74,192) 4,790 (78,982) (1648,89%)
Interest Income 50,292 55,985 (5,693) (10,17%)
Other gains and loss 64,757 206,501 (141,744) (68,64%)
Income Before Tax 394,059 166,473 227,586 136,71%
Tax Expense (124,191) (46,143) (78,048) 169,14%
Net Income For The Year 269,868 120,330 149,538 124,27%
PT. Gajah Tunggal, Tbk.

Consolidated Statements of Comprehensive Income

December 31, 2014 and 2013

B. Vertical Analysis

PT. Sepatu Bata, Tbk.

Consolidated Statements of Financial Position

December 31

2014 2013
Amount Percent Amount Percent
ASSETS
Current Assets 6,283,252 39,16% 6,843,853 44,58%
Non Current Assets 9,759,645 60,84% 8,506,901 55.42%
Total Assets 16,042,897 100% 15,350,754 100%
LIABILITIES
Liabilities current assets 3,116,223 19,42% 2,964,235
Liabilities Non Current
Assets 6,943,382 43,28% 6,662,176
Total Liabilities 10,059,605 62,70% 9,626,411

EQUITY
Share Capital-Ordinary 1,742,400 10,86% 1,742,400 19,31%
Additional paid in capital (502,515) (3,13%) (502,515) 3,27%
Other Comprehensive 712,223 4,43% 688,294 4,48
Retained Earnings
Appropriated 55,000 0,34% 50,000 0,0032%
Unappropriated 3,976,623 24,78% 3,746,603 24,40%
Total 5,983,731 37,29% 5,724,782 37,29%
Less cost of Treasury stocks-
254000 (439) 0,002% (439) 0,002%
Total Equity 5,983,731 37,29% 5,724,343 37,29
Total Equity and Liabilities 16,042,897 100% 15,350,754 100%

PT. Sepatu Bata, Tbk.

Consolidated Income Statements

For the Years Ended December 31

2014 2015
Amount Percent Amount Percent
Net Sales 13,070,734 100% 12,352,917
Cost Of Good Sold 10,625,591 9,864,990
Gross Profit 2,445,143 2,487,927

Selling expense (793,732) (709,685)

General and Administrative exp (497,675) (412,910)
Finance cost (621,108) (576,137)
Loss on Foreign exchange- net (179,426) (889,998)
Equity in net income (loss) of
associate (74,192) 4,790
Interest Income 50,292 55,985
Other gains and loss 64,757 206,501
Income Before Tax 394,059 166,473
Tax Expense (124,191) (46,143)
Net Income For The Year 269,868 120,330