Atlas Honda balance sheet

ASSETS 2023

Non current assets

Property, platn and euipment 12,158,765
Intangible assets 35,311
Long term investments 340,816
Long term loans and advances 75,469
long term deposits 41,662
total non current asset 12,652,023
Current assets
Stores, spares and loose tools 1,083,666
Stock-in-trade 8,005,452
Trade debts 797,382
Loans and advances 94,502
Trade deposits and prepayments 2,242,128
Short term investments 10,114,241
Accrued mark-up / interest 343,803
Other receivabales 1,874
Taxation - net
Bank balances 34,702,516
Total current assets 57,385,564
total asset 70,037,587

EQUITY AND LIABILITIES

Equity
Share capital 1,240,879
Reserves 21,539,063
total equity 22,779,942

Liabilities
Non current liabilities
Lease liabilities 148,102
Long term borrowing
Deffered income
Staff retirement benefits 559,591
Deffered taxation 633,022
Total Non Current Liabilities 1,340,715
Current liabilities
Trade and other payables 45,813,308
Current portion of lease liabilities 53,617
Current portion of long term borrowings 0
Current portion of deffered income - government grant 0
taxation-net 50,005
total current liabilities 45,916,930
total equity and liability 70,037,587

Icome Statement 2023

Profit and Loss Account
Sales 135485652
Cost of sales 125813871
Gross Profit 9671781
Sales and marketing expenses 3032096
Administrarive expenses 860548
Other income 4555670
Other operating expenses 2156059
Share of profit of an Associated Company - net of tax 322
Profit from operations 8179070
Finance cost 76027
Profit before taxation 8103043
Taxation 3098888
Profit after taxation 5004155
e sheet common size balance sheet

2022 2021 2020 2023 2022 2021

10,251,485 9,788,162 10,041,495 0.1736 0.2162 0.2275

56,255 101,813 135,119 0.0005 0.0012 0.0024
343,534 329,669 322,240 0.0049 0.0072 0.0077
64,159 48,253 36,671 0.0011 0.0014 0.0011
14,077 12,071 13,025 0.0006 0.0003 0.0003
10,729,510 10,279,968 10,548,552 0.1806 0.2263 0.2389
0.0000 0.0000 0.0000
998,612 647,035 683,123 0.0155 0.0211 0.0150
6,541,711 4,026,612 4,888,616 0.1143 0.1379 0.0936
1,126,808 1,501,925 8,183,980 0.0114 0.0238 0.0349
59,889 47,429 42,752 0.0013 0.0013 0.0011
1,491,756 1,388,594 686,517 0.0320 0.0315 0.0323
8,819,083 10,063,915 5,248,268 0.1444 0.1860 0.2339
19,540 14,657 22,392 0.0049 0.0004 0.0003
2,583 1,754 329,021 0.0000 0.0001 0.0000
208,547 770,419 1,487,667 0.0000 0.0044 0.0179
17,424,657 14,288,180 6,308,616 0.4955 0.3674 0.3320
36,693,186 32,750,520 20,510,952 0.8194 0.7737 0.7611
47,422,696 43,030,488 31,059,504 1.0000 1.0000 1.0000

1,240,879 1,240,879 1,240,879 0.01771733 0.02616635 0.03995167

19,786,759 17389648 15339529 0.30753577 0.41724239 0.49387553
21,027,638 18630527 16580408 0.3252531 0.44340874 0.5338272
0 0 0
0 0 0
0 0 0
151,561 168616 209148 0.00211461 0.00319596 0.00673378
187382 0 0
3525 0 0
484,855 393569 342594 0.00798987 0.01022411 0.01103025
533,022 528062 604200 0.00903832 0.01123981 0.01945298
1,169,438 1281154 1155942 0.01914279 0.02465988 0.03721701
0 0 0
25,014,674 22832604 13292920 0.65412459 0.52748317 0.42798237
23,446 39610 30234 0.00076555 0.0004944 0.00097342
 183,975 226135 0 0.00387947 0
3,525 20458 0 7.43315E-05 0
0.00071397 0 0
25,225,620 23118807 13323154 0.65560411 0.53193138 0.42895579
47,422,696 31059504 31059504 1 1 1

common size income statement

2022 2021 2020 2023 2022 2021

131930193 93156958 84775972 100 100

122045479 86277404 78660040 92.86 92.51 92.62
9884714 6879554 6115932 7.14 7.49 7.38
2688082 1936861 2001683 2.24 2.04 2.08
770535 681124 632161 0.64 0.58 0.73
2065562 1392482 1370948 3.36 1.57 1.49
629260 448068 388968 1.59 0.48 0.48
16905 9329 4443 0.00 0.01 0.01
7879304 5215312 4468511 6.04 5.97 5.60
59655 62913 56718 0.06 0.05 0.07
7819649 5152399 4411793 5.98 5.93 5.53
2234484 1557601 1333393 2.29 1.69 1.67
585165 3594798 3078400 3.69 0.44 3.86
ize balance sheet index balance sheet

2020 2020 2023 2022 2021

0.32329863 100 121.085207 102.091222 97.4771386

0.00435033 100 26.1332603 41.6336711 75.3506169
0.01037492 100 105.764647 106.608118 102.305425
0.00118067 100 205.800224 174.958414 131.58354
0.00041936 100 319.861804 108.076775 92.6756238
0.33962397 100 119.940851 101.715477 97.4538306
0 100
0.02199401 100 158.634097 146.183337 94.7172032
0.15739517 100 163.757022 133.815194 82.3671158
0.26349358 100 9.74320563 13.7684598 18.3520121
0.00137645 100 221.046969 140.084674 110.939839
0.02210328 100 326.59468 217.293381 202.266513
0.16897462 192.715787 168.03797 191.756881
0.00072094 100 1535.38317 87.2633083 65.456413
0.01059325 100 0.56956851 0.78505627 0.53309667
0.04789732 100 0 14.0183926 51.7870599
0.20311387 100 550.081286 276.204115 226.48676
0.66037603 100 279.78011 178.895577 159.67333
1 100 225.494866 152.683365 138.542096
100
100
100
100
0.03995167 100 100 100 100
0.49387553 100 140.415413 128.991959 113.364941
0.5338272 100 137.39072 126.822199 112.364708
0 100
0 100
0 100
0.00673378 100 70.8120565 72.4659093 80.6204219
0
0
0.01103025 100 163.339405 141.524662 114.879128
0.01945298 100 104.770275 88.2194638 87.3985435
0.03721701 100 115.984626 101.167533 110.832031
0 100
0.42798237 100 344.644427 188.18043 171.76515
0.00097342 100 177.340081 77.5484554 131.011444
 0 100
0 100
0 100
0.42895579 100 344.64009 189.336699 173.523529
1 100 225.494866 152.683365 100

me statement
2020

92.79
7.21
2.36
0.75
1.62
0.46
0.01
5.27
0.07
5.20
1.57
3.63
 Atlas Honda balance sheet

ASSETS 2023 2022 2021

Non current assets

Property, platn and euipment 12,158,765 10,251,485 9,788,162
Intangible assets 35,311 56,255 101,813
Long term investments 340,816 343,534 329,669
Long term loans and advances 75,469 64,159 48,253
long term deposits 41,662 14,077 12,071
total non current asset 12,652,023 10,729,510 10,279,968
Current assets
Stores, spares and loose tools 1,083,666 998,612 647,035
Stock-in-trade 8,005,452 6,541,711 4,026,612
Trade debts 797,382 1,126,808 1,501,925
Loans and advances 94,502 59,889 47,429
Trade deposits and prepayments 2,242,128 1,491,756 1,388,594
Short term investments 10,114,241 8,819,083 10,063,915
Accrued mark-up / interest 343,803 19,540 14,657
Other receivabales 1,874 2,583 1,754
Taxation - net 208,547 770,419
Bank balances 34,702,516 17,424,657 14,288,180
Total current assets 57,385,564 36,693,186 32,750,520
total asset 70,037,587 47,422,696 43,030,488

EQUITY AND LIABILITIES

Equity
Share capital 1,240,879 1,240,879 1,240,879
Reserves 21,539,063 19,786,759 17389648
total equity 22,779,942 21,027,638 18630527

Liabilities
Non current liabilities
Lease liabilities 148,102 151,561 168616
Long term borrowing 187382
Deffered income 3525
Staff retirement benefits 559,591 484,855 393569
Deffered taxation 633,022 533,022 528062
Total Non Current Liabilities 1,340,715 1,169,438 1281154
Current liabilities
Trade and other payables 45,813,308 25,014,674 22832604
Current portion of lease liabilities 53,617 23,446 39610
Current portion of long term borrowings 0 183,975 226135
Current portion of deffered income - government grant 0 3,525 20458
taxation-net 50,005
total current liabilities 45,916,930 25,225,620 23118807
total debt 47,257,645 26,395,058 24,399,961
total equity and liability 70,037,587 47,422,696 31059504

Icome Statement 2023 2022 2021

Profit and Loss Account
Sales 135485652 131930193 93156958
Cost of sales 125813871 122045479 86277404
Gross Profit 9671781 9884714 6879554
Sales and marketing expenses 3032096 2688082 1936861
Administrarive expenses 860548 770535 681124
Other income 4555670 2065562 1392482
Other operating expenses 2156059 629260 448068
Share of profit of an Associated Company - net of tax 322 16905 9329
Profit from operations 8179070 7879304 5215312
Finance cost 76027 59655 62913
Profit before taxation 8103043 7819649 5152399
Taxation 3098888 2234484 1557601
Profit after taxation 5004155 585165 3594798
 Ratio calculation
2020 2023 2022
liquidity ratio
Current ratio 1.25 1.45
10,041,495 Quick ratio 1.05 1.16
135,119 inventory 9089118 7540323
322,240 Financial Leverage (Debt) Ratios
36,671 Debt-to-Equity Ratio 2.07 0.56
13,025 Debt-to-Total-Assets Ratio 0.67 0.56
10,548,552 Capitalization ratio 0.67 0.56
Coverage Ratios
683,123 interest coverage ratio 107.58 132.08
4,888,616 activity ratio
8,183,980 Account recievable turnover ratio 72297.57 51076.34
42,752 ARTO in days 0.00 0.01
686,517 Inventory turnover ratio 13.84 16.19
5,248,268 ITO IN DAYS 26.01 22.24
22,392 total asset turnover ratio 2.36 3.60
329,021 Profitibility ratios
1,487,667 Gross profit margin 7.14 7.49
6,308,616 net profit margin 3.69 0.44
20,510,952 Return on Assets 7.14 1.23
31,059,504 Return on Equity 21.97 2.78

1,240,879
15339529
16580408

209148

342594
604200
1155942

13292920
30234
 13323154
14,479,096
31059504

2020

84775972
78660040
6115932
2001683
632161
1370948
388968
4443
4468511
56718
4411793
1333393
3078400
on
2021 2020

1.42 1.54
1.21 1.12
4673647 5571739

0.57 0.47
0.57 0.47
0.79 0.47

82.90 78.78

53111.15 257.66
0.01 1.40
18.46 14.12
19.50 25.50
2.84 4.13

7.38 7.21
3.86 3.63
8.35 9.91
19.30 18.57