Financial Analysis: Submitted by
Financial Analysis: Submitted by
Financial Analysis: Submitted by
Submitted By:
January 5, 2022
FINANCIAL STATEMENT
Financial Statement are written records that convey the business activities and the
government agencies, accountants, firms, etc. to ensure accuracy and for tax,
Balance sheet
Income statement
KEY TAKEAWAYS
Financial statements are written records that convey the business activities and
revenues, the statement produces a company's profit figure called net income.
The cash flow statement (CFS) measures how well a company generates cash
Investors and financial analysts rely on financial data to analyze the performance of a
company and make predictions about its future direction of the company's stock price.
One of the most important resources of reliable and audited financial data is the annual
evaluate a company's financial health and earnings potential. The three major financial
statement reports are the balance sheet, income statement, and statement of cash
flows.
stockholders' equity as a snapshot in time. The date at the top of the balance sheet
tells you when the snapshot was taken, which is generally the end of the fiscal year.
\displaystyle \text{Assets}=(\text{Liabilities}+\text{Owner's
Equity})Assets=(Liabilities+Owner’s Equity)
The balance sheet totals will be calculated already, but here's how you identify them.
2. Total all liabilities, which should be a separate listing on the balance sheet. It
3. Locate total shareholder's equity and add the number to total liabilities.
4. Total assets should equal the total of liabilities and total equity.
Data From the Balance Sheet
The balance sheet identifies how assets are funded, either with liabilities, such as debt,
or stockholders' equity, such as retained earnings and additional paid-in capital. Assets
Liabilities are listed in the order in which they will be paid. Short-term or current
liabilities are expected to be paid within the year, while long-term or non-current
Assets
bills and certificates of deposit.
Inventory
Liabilities
Wages payable
Dividends payable
Shareholders' Equity
Shareholders' equity is a company's total assets minus its total
30, 2018.
Total liabilities and equity were $354,628, which equals the total assets for the
period.
Income Statements
Unlike the balance sheet, the income statement covers a range of time, which is a year
for annual financial statements and a quarter for quarterly financial statements. The
income statement provides an overview of revenues, expenses, net income and
earnings per share. It usually provides two to three years of data for comparison.
\text{Net Income}=(\text{Revenue}-\text{Expenses})Net Income=(Revenue−Expenses)
3. Subtract total expenses from revenue to achieve net income or the profit for the
period.
known as the profit and loss statement or the statement of revenue and expense, the
particular period.
Once expenses are subtracted from revenues, the statement produces a company's
Types of Revenue
activities of a company.
revenues fall outside the primary function of the business. Some non-operating
Other income is the revenue earned from other activities. Other income could include
gains from the sale of long-term assets such as land, vehicles, or a subsidiary.
Types of Expenses
Primary expenses are incurred during the process of earning revenue from the primary
activity of the business. Expenses include the cost of goods sold (COGS) , selling,
Expenses that are linked to secondary activities include interest paid on loans or debt.
whether sales or revenue is increasing when compared over multiple periods. Investors
can also see how well a company's management is controlling expenses to determine
whether a company's efforts in reducing the cost of sales might boost profits over time.
The cash flow statement (CFS) measures how well a company generates cash to pay
its debt obligations, fund its operating expenses, and fund investments. The cash flow
The CFS allows investors to understand how a company's operations are running,
where its money is coming from, and how money is being spent. The CFS also
three sections that report cash flow for the various activities for which a company uses
its cash. Those three components of the CFS are listed below.
Operating Activities
The operating activities on the CFS include any sources and uses of cash from running
the business and selling its products or services. Cash from operations includes any
payable. These transactions also include wages, income tax payments, interest
payments, rent, and cash receipts from the sale of a product or service.
Investing Activities
investments into the long-term future of the company. A purchase or sale of an asset,
Also, purchases of fixed assets such as property, plant, and equipment (PPE) are
Financing Activities
well as the uses of cash paid to shareholders. Financing activities include debt
issuance, equity issuance, stock repurchases, loans, dividends paid, and repayments
of debt.
The cash flow statement reconciles the income statement with the balance sheet in
September 30, 2018. We can see the three areas of the cash flow statement and their
results.
Operating activities generated a positive cash flow of $27,407 for the period.
for the period. Additions to property, plant, and equipment made up the majority
of cash outflows, which means the company invested in new fixed assets.
for the period. Reductions in short-term debt and dividends paid out made up
have limitations. The statements are open to interpretation, and as a result, investors
For example, some investors might want stock repurchases while other investors might
prefer to see that money invested in long-term assets. A company's debt level might be
fine for one investor while another might have concerns about the level of debt for the
periods to determine if there are any trends as well as compare the company's results
SMG Story:
San Miguel Corporation (SMC) is one of the Philippines’ largest and most diversified
Originally founded in 1890 as a single product brewery in the Philippines, SMC today
has highly integrated operations with ownership in market leading businesses and
investments in various sectors, such as beverages, food, packaging, energy, fuel and
oil, infrastructure, property development and leasing, cement, car distributorship and
banking services. SMC has a portfolio of companies that is interwoven into the
Since adopting its business diversification program in 2007, SMC has channeled its
resources into what it believes are attractive growth sectors, which are aligned with the
development and growth of the Philippine economy. SMC believes that continuing this
strategy and pursuing growth plans within each business will achieve a more diverse
mix of sales and operating income, and better position SMC to access capital, present
different growth opportunities and mitigate the impact of downturns and business
cycles.
SMC is one of the nation’s largest employers, with a direct workforce of 45,522
employees as of December 2020. For each job created within the San Miguel
ecosystem, many additional jobs are generated through suppliers, distributors, retailers,
and other business partners. At present, we have more than 100 major facilities in the
partners, notably Kirin Brewery Co., Ltd., Nihon Yamamura Glass, U.S.-based Hormel
Foods Corporation, and Korea Water Resources Corporation, are world leaders in their
respective businesses.
SMC is listed on the Philippine Stock Exchange (PSE Ticker: SMC). Publicly-listed
subsidiaries include San Miguel Food and Beverage, Inc., Ginebra San Miguel, Inc.,
San Miguel Food and Beverage, Inc. (SMFB) is the Philippines’ leading food and
beverage company, combining the strength of San Miguel Brewery Inc., Ginebra San
Miguel Inc, and San Miguel Foods. It has among the most recognizable and top-of-mind
brands in the industry and holds market leading positions in the food, beer and spirits
categories. Key brands under the SMFB portfolio include San Miguel Pale Pilsen, San
Mig Light and Red Horse for beer, Ginebra San Miguel for gin and Vino Kulafu for
Chinese wine, Magnolia for chicken, ice cream and dairy products, Monterey for fresh
and marinated meats, Purefoods and Purefoods Tender Juicy, for refrigerated prepared
and processed meats and canned meats, Star and Dari Crème for margarine and B-
Petron Corporation, is the largest integrated oil refining and marketing company in the
Philippines and a strong player in the Malaysian downstream oil market. Petron has a
combined refining capacity of 268,000 barrels per day producing a full range of world-
class fuels and petrochemicals to fuel the lives of millions of Filipinos and Malaysians. It
produces a full range of petroleum products including gasoline, diesel, LPG, jet fuel,
With the most extensive service stations around the country, Petron retail gasoline,
diesel, and autoLPG to motorists and the public transport sector. It has also partnered
with popular food and service locator chains to give our customers a one-stop, full-
service experience.
Power
Our power subsidiary, SMC Global Power Holdings Corp. (SMCGP), together with its
subsidiaries, associates and joint ventures, is one of the largest power companies in the
Philippines which currently has a combined capacity of 4,714 MW. It has a full spectrum
greenfield power plants. SMCGP benefits from a diversified power portfolio, including
natural gas, coal, and renewable energy, such as hydroelectric power and more
recently the battery energy storage systems (BESS). , Based on the total installed
share Limitation, SMCGP believes that its current combined installed capacity
comprises approximately 27% of the Luzon grid, 8% of the Mindanao grid, and 20% of
Infrastructure
SMC Infrastructure, our infrastructure arm, today manages the construction, operation
and maintenance of the country’s largest infrastructure network. Its current portfolio
Southern Tagalog Arterial Road (STAR), South Luzon Expressway (SLEX) TR1, TR2,
TR3, Skyway Stages 1, 2, 3, and the NAIA Expressway (NAIAx); Mass Rail - Mass Rail
Transit Line 7 (MRT-7); Bulk Water - Bulacan Bulk Water Supply; and Airports -
Boracay and the Manila International Airport. SMC Infrastructure also has investments
in Manila North Harbour Port Inc. Other projects in the pipeline include SLEX-TR4,
Our Vision
businesses will lead effort on national goals, setting the pace of progress in the
Philippines.
Our Goals
San Miguel's goal is to help people enjoy and make progress in their lives through
the many products and services that our company offers. We want to give every
customer and consumer we touch access to the best we can offer—whether in terms of
Our Mission
To provide goods and vital services well within the reach of every Filipino, making
Our Objectives
San Miguel's goal is to help people enjoy and make progress in their lives through
the many products and services that our company offers. We want to give every
customer and consumer we touch access to the best we can offer—whether in terms of
Net Sales - - -
Gross Profit 171.29 181.87 199.20
Operating Income 118.11 116.76 73.26
Net Income 1,106,029,000,00 1,105,430,000,00 801,884,000,000
0 0
Series 1
120
100
NET INCOME
80
60 Series 1
40
20
NET INCOME