ANALYSIS OF ANNUAL ANALYSIS OF ANNUAL REPORT REPORT OF OF APPLE COMPUTER INC APPLE COMPUTER INC PRESENTED BY:- PRESENTED BY:- SUNNY CHHUTANI(PGD FM- SUNNY CHHUTANI(PGD FM- 09/018) 09/018)
Trend Analysis Of Balance Sheet Of Apple Company
Nov 01, 2014
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
ANALYSIS OF ANNUAL ANALYSIS OF ANNUAL REPORT REPORT
OF OF APPLE COMPUTER INCAPPLE COMPUTER INC
PRESENTED BY:-PRESENTED BY:- SUNNY CHHUTANI(PGD FM-SUNNY CHHUTANI(PGD FM-
09/018)09/018)
APPLE COMPUTER INCAPPLE COMPUTER INC
Apple Inc. is an American multinational Apple Inc. is an American multinational corporation that designs and corporation that designs and manufactures consumer electronics and manufactures consumer electronics and computer software products.computer software products.
The company’s best known hardware The company’s best known hardware products include Macintosh computers, the products include Macintosh computers, the iPod and the iPhone.iPod and the iPhone.
The company operates more than 250 The company operates more than 250 retail stores in nine countries.retail stores in nine countries.
APPLE COMPUTER INCAPPLE COMPUTER INC
Apple introduced the Apple Macintosh family in Apple introduced the Apple Macintosh family in 1984 and today makes consumer, professional, 1984 and today makes consumer, professional, and educational computers. The and educational computers. The Mac miniMac mini is the is the company's consumer sub-desktop computer, company's consumer sub-desktop computer, introduced in January 2005.introduced in January 2005.
The The iMaciMac is a consumer desktop computer that is a consumer desktop computer that was first introduced by Apple in 1998.was first introduced by Apple in 1998.
The current The current iPodsiPods, Apple's most successful , Apple's most successful product line. Shown here, (left to right) the product line. Shown here, (left to right) the iPod iPod shuffleshuffle, , iPod nanoiPod nano, , iPod classiciPod classic and and iPod touchiPod touch..
INCOME STATEMENTINCOME STATEMENT
YEARS YEARS SALES SALES EBITEBIT(EARN(EARNING ING BEFORE BEFORE INTEREST INTEREST AND TAX)AND TAX)
DEPRECIDEPRECIATIONATION
TOTAL TOTAL NET NET INCOMEINCOME
EPSEPS
(EARNIN(EARNING PER G PER SHARE)SHARE)
TAX TAX RATERATE (%) (%)
20042004 8,279.08,279.0 370.0370.0 150.0150.0 266.0266.0 0.340.34 28.1128.11
20052005 13,931.13,931.00
1,808.1,808.00
179.0179.0 1,328.1,328.00
1.551.55 26.5526.55
20062006 19,315.19,315.00
2,818.2,818.00
225.0225.0 1,989.1,989.00
2.272.27 29.4229.42
20072007 24,006.24,006.00
5,008.5,008.00
297.0297.0 3,496.3,496.00
3.933.93 30.1930.19
20082008 32,479.32,479.00
6,895.6,895.00
436.0436.0 4,834.4,834.00
5.365.36 29.8929.89
IN MILLIONS OF DOLLARS
IN U.S. DOLLARS
TREND PERCENTAGE OF INCOME TREND PERCENTAGE OF INCOME STATEMENTSTATEMENT
YEARYEARSS
20042004 20052005 20062006 20072007 20082008
SALES SALES 8,2798,279 (13,931/ (13,931/ 8,279) * 100 8,279) * 100 = 168.26 = 168.26
(19,315/ (19,315/ 8,279) * 100 8,279) * 100 = 233.30= 233.30
(24,006/ (24,006/ 8,279) * 100 8,279) * 100 = 289.96= 289.96
(32,479/ (32,479/ 8,279) * 8,279) * 100 = 100 = 392.30392.30
EBIT(EARNEBIT(EARNING ING BEFORE BEFORE INTEREST INTEREST AND TAX)AND TAX)
370 370 (1,808/370) (1,808/370) * 100 = * 100 = 488.64488.64
(2,818/370) (2,818/370) * 100 = * 100 = 761.62761.62
(5,008/370) (5,008/370) * 100 = * 100 = 1,353.511,353.51
(6,895/370) (6,895/370) * 100 = * 100 = 1,863.511,863.51
DEPRECIADEPRECIATION TION
150150 (179/150) * (179/150) * 100 = 100 = 119.33119.33
(225/150) * (225/150) * 100 = 150100 = 150
(297/150) * (297/150) * 100 = 198100 = 198
(436/150) * (436/150) * 100 = 100 = 290.67290.67
TOTAL TOTAL NET NET INCOMEINCOME
266 266 (1,328/266) (1,328/266) * 100 = * 100 = 499.25499.25
(1,989/266) (1,989/266) * 100 = * 100 = 747.74747.74
(3,496/266) (3,496/266) * 100 = * 100 = 1,314.281,314.28
(4,834/266) (4,834/266) * 100 = * 100 = 1,817.291,817.29
EARNING EARNING PER PER SHARESHARE
0.34 0.34 (1.55/0.34) * (1.55/0.34) * 100 = 100 = 455.88455.88
(2.27/0.34) (2.27/0.34) * 100 = * 100 = 667.64667.64
(3.93/0.34) (3.93/0.34) * 100 = * 100 = 1,155.881,155.88
(5.36/0.34) (5.36/0.34) * 100 = * 100 = 1,576.471,576.47
GRAPHICAL PRESENTATION OF TREND PERCENTAGE GRAPHICAL PRESENTATION OF TREND PERCENTAGE OF INCOME STATEMENTOF INCOME STATEMENT
0200400600800
100012001400160018002000
2004 2005 2006 2007 2008
YEARS
TOTAL NETINCOME
EBIT
SALES
DEPRECIATION
EPS
BALANCE SHEET BALANCE SHEET
YEARSYEARS 09/200409/2004 09/200509/2005 09/200609/2006 09/200709/2007 09/200809/2008
Cash and Cash and EquivalentsEquivalents
2,9692,969 3,4913,491 6,3926,392 9,3529,352 11,87511,875
Marketable Marketable securitiessecurities
2,4952,495 4,7704,770 3,7183,718 6,0346,034 12,61512,615
ReceivablesReceivables 774774 895895 1,2521,252 4,0294,029 4,7044,704
InventoriesInventories 101101 165165 270270 346346 509509
Other Other current current assetsassets
485485 648648 2,2702,270 996996 3,0653,065
Total Total current current assetsassets
6,8246,824 9,9699,969 13,90213,902 20,75720,757 32,76832,768
IN U.S. DOLLARS
IN MILLIONS OF DOLLARSASSETS
BALANCE SHEET (cont.)BALANCE SHEET (cont.)
YEARSYEARS 09/200409/2004 09/200509/2005 09/200609/2006 09/200709/2007 09/200809/2008Gross fixed Gross fixed assetsassets
864864 1,4811,481 2,0752,075 2,8412,841 3,7473,747
AccumulateAccumulated d depreciatiodepreciationn
(458)(458) (664)(664) (794)(794) (1,009)(1,009) (1,292)(1,292)
Net fixed Net fixed assetsassets
406406 817817 1,2811,281 1,8321,832 2,4552,455
IntangiblesIntangibles 1717 9696 160160 382382 285285Other non-Other non-current current assetsassets
191191 155155 1,2171,217 1,0511,051 1,9351,935
Total non-Total non-current current assetsassets
614614 1,0681,068 2,6582,658 3,2653,265 4,6754,675
Total assetsTotal assets 7,4387,438 11,03711,037 16,56016,560 24,02224,022 37,44337,443
ASSETSIN U.S. DOLLARS IN MILLIONS OF DOLLARS
BALANCE SHEET (cont.)BALANCE SHEET (cont.)
YEARSYEARS 09/200409/2004 09/200509/2005 09/200609/2006 09/200709/2007 09/200809/2008
Accounts Accounts payablepayable
1,4511,451 1,7791,779 3,3903,390 4,9704,970 5,5205,520
Other Other current current liabilitiesliabilities
1,2291,229 628628 1,1441,144 1,6591,659 NilNil
Total Total current current liabilitiesliabilities
2,6802,680 2,4072,407 4,5344,534 6,6296,629 5,5205,520
Deferred Deferred income taxincome tax
294294 601601 381381 619619 675675
Other non-Other non-current current liabilitiesliabilities
NilNil NilNil 369369 897897 3,7753,775
Total non-Total non-current current liabilitiesliabilities
294294 601601 750750 1,5161,516 4,4504,450
LIABILITIES IN U.S. DOLLARS
IN MILLIONS OF DOLLARS
BALANCE SHEET (cont.)BALANCE SHEET (cont.)
YEARSYEARS 09/20009/20044
09/20009/20055
09/20009/20066
09/20009/20077
09/20009/20088
Total Total liabilitiesliabilities
2,9742,974 3,0083,008 5,2845,284 8,1458,145 9,9709,970
Total Total EquityEquity
5,0765,076 7,4667,466 9,9849,984 14,5314,5322
21,0321,0300
Total Total liabilities liabilities & Stock & Stock EquityEquity
8,0508,050 10,4710,4744
15,2615,2688
22,6722,6777
31,0031,0000
LIABILITIES IN U.S. DOLLARS
IN MILLIONS IN DOLLARS
TREND PERCENTAGE OF BALANCE TREND PERCENTAGE OF BALANCE SHEETSHEET
YEARSYEARS 20042004 20052005 20062006 20072007 20082008
CURRENT CURRENT ASSETSASSETS
6,824 6,824 which is which is taken as taken as base base year= 100year= 100
(9,969/ (9,969/ 6,824)* 6,824)* 100 = 100 = 146.08146.08
(13,902/ (13,902/ 6,824)* 6,824)* 100 = 100 = 203.7203.7
(20,757/ (20,757/ 6,824)* 6,824)* 100 = 100 = 304.2304.2
(32,768/ (32,768/ 6,824)* 6,824)* 100 = 100 = 480.2480.2
NON NON CURRENT CURRENT ASSETSASSETS
614 which 614 which is taken as is taken as base year base year = 100= 100
(1,068/ (1,068/ 614) * 100 614) * 100 = 173.9= 173.9
(2,658/ (2,658/ 614) * 100 614) * 100 = 432.9= 432.9
(3,265/ (3,265/ 614) * 100 614) * 100 = 531.7= 531.7
(4,675/ (4,675/ 614) * 100 614) * 100 = 761.4= 761.4
TOTAL TOTAL ASSETSASSETS
7,438 7,438 which is which is taken as taken as base year base year = 100= 100
(11,037/ (11,037/ 7,438)* 7,438)* 100 = 100 = 148.4148.4
(16,560/ (16,560/ 7,438)* 7,438)* 100 = 100 = 222.6222.6
(24,022/ (24,022/ 7,438)* 7,438)* 100 = 100 = 322.9322.9
(37,443/ (37,443/ 7,438)* 7,438)* 100 = 100 = 503.4503.4
GRAPHICAL PRESENTATION OF TREND PERCENTAGE GRAPHICAL PRESENTATION OF TREND PERCENTAGE OF ASSETSOF ASSETS
0
100
200
300
400
500
600
700
800
2004 2005 2006 2007 2008
CURRENT ASSETS
NON CURRENTASSETSTOTAL ASSETS
TREND PERCENTAGE OF BALANCE TREND PERCENTAGE OF BALANCE SHEET (cont.)SHEET (cont.)
YEARSYEARS 20042004 20052005 20062006 20072007 20082008CURRENT CURRENT LIABILITIESLIABILITIES
2,680 2,680 which is which is taken as taken as base year base year = 100= 100
(2,407/ (2,407/ 2,680)* 100 2,680)* 100 = 89.8= 89.8
(4,534/ (4,534/ 2,680)* 100 2,680)* 100 = 169.2= 169.2
(6,629/ (6,629/ 2,680)* 100 2,680)* 100 = 247.4= 247.4
(5,520/ (5,520/ 2,680)* 100 2,680)* 100 = 205.9= 205.9
NON-NON-CURRENT CURRENT LIABILITIESLIABILITIES
294 which 294 which is taken as is taken as base year base year = 100= 100
(601/ 294)* (601/ 294)* 100 = 204.4100 = 204.4
(750/ 294)* (750/ 294)* 100 = 255.1100 = 255.1
(1,516/ (1,516/ 294)* 100 = 294)* 100 = 515.6515.6
(4,450/ (4,450/ 294)* 100 = 294)* 100 = 1,513.61,513.6
TOTAL TOTAL EQUITYEQUITY
5,076 5,076 which is which is taken as taken as base year base year = 100 = 100
(7,466/ (7,466/ 5,076)* 100 5,076)* 100 = 147.1= 147.1
(9,984/ (9,984/ 5,076)* 100 5,076)* 100 = 196.7= 196.7
(14,532/ (14,532/ 5,076)* 100 5,076)* 100 = 286.2= 286.2
(21,030/ (21,030/ 5,076)* 100 5,076)* 100 = 414.3= 414.3
TOTAL TOTAL LIABILITIESLIABILITIES
8,050 8,050 which is which is taken as taken as base year base year = 100= 100
(10,474/ (10,474/ 8,050)* 100 8,050)* 100 = 130.1= 130.1
(15,268/ (15,268/ 8,050)* 100 8,050)* 100 = 189.7= 189.7
(22,677/ (22,677/ 8,050)* 100 8,050)* 100 = 281.7= 281.7
(31,000/ (31,000/ 8,050)* 100 8,050)* 100 = 385.1= 385.1
GRAPHICAL PRESENTATION OF GRAPHICAL PRESENTATION OF TREND PERCENTAGE OF TREND PERCENTAGE OF
LIABILITIESLIABILITIES
0
200
400
600
800
1000
1200
1400
1600
2004 2005 2006 2007 2008
CURRENTLIABILITIESNON-CURRENTLIABILITIESTOTAL EQUITY
TOTAL LIABILITIES
INTERPRETATIONSINTERPRETATIONS
1.1. BY ANALYSIS OF INCOME STATEMENT ITS BY ANALYSIS OF INCOME STATEMENT ITS CONCLUDED THAT COMPANY HAS STRONG CONCLUDED THAT COMPANY HAS STRONG POSITION.POSITION.
2.2. EARNING PER SHARE IS INCREASING.EARNING PER SHARE IS INCREASING.
3.3. INCREASE IN DEPRECIATION SHOULD BE INCREASE IN DEPRECIATION SHOULD BE CONSIDERED. CONSIDERED.
4.4. BY THE ANALYSIS OF THE TREND PERCENTAGE BY THE ANALYSIS OF THE TREND PERCENTAGE OF INCOME STATEMENT THERE IS AN OF INCOME STATEMENT THERE IS AN CONTINUOS INCREASE IN TREND PERCENTAGE CONTINUOS INCREASE IN TREND PERCENTAGE WHICH REFLECTS THAT COMPANY HAS A WHICH REFLECTS THAT COMPANY HAS A GROWTH TREND .GROWTH TREND .
INTERPRETATIONS (cont.)INTERPRETATIONS (cont.)
6.6. AS CURRENT ASSETS IS INCREASING IN AS CURRENT ASSETS IS INCREASING IN BALANCE SHEET IT REFLECTS A STRONG BALANCE SHEET IT REFLECTS A STRONG LIQUIDITY POSITION OF THE COMPANY.LIQUIDITY POSITION OF THE COMPANY.
7.7. THE AVERAGE GROWTH RATE PERCENTAGE OF THE AVERAGE GROWTH RATE PERCENTAGE OF THE COMPANY IS 292% ITS SHOWS A GOOD THE COMPANY IS 292% ITS SHOWS A GOOD GROWTH OF COMPANY.GROWTH OF COMPANY.
THANK YOUTHANK YOU
Related Documents
