WeSchool PGDM Finance 98
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Transcript of WeSchool PGDM Finance 98
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Financial Results for All FirmsMikesBikes-Advanced - Single-Player - Period 2013
l Cool Cycles ainTop Cycles
Owned By
Shareholder Value (SV! "##$%& "2&$03
'uula)ive 'hange in SV 32#* 1+%*
,nderlying Share Price "##$%& "2&$03
Susidiary 'on)riu)ion "0$00 "0$00
Share Price* $44.69 $29.!
.ividend Per Share "0$00 "0$00
/e)ail Sales "#0&%&00 "%1#&00
holesale Sales "30%1#31 "30+#
Proi) A)er 4a5 "11%&&06+ "&0330
7conoic Value 'rea)ed "+%0+322 "%+3+0
8uer o Shares 2000000 2000000
7arnings 9er Share "6$60 "#$#6#
:nves)or P/ :nde5 0$%# 0$%&
Plan) "#000000 "#00000
'urren) ;iaili)ies "6+%2222 "#3+%6
;ong-)er ;iaili)ies "100000 "100000
8e) Asse)s < Shareholder =un "6&2106%% "32#12%#6
.ui)y! 0$13 0$1&
Marke) 'a9i)ali?a)ion "&3+16#% "60%%#
4o)al Shareholder Value "&30000 "60%0000
* See Reports"#Scenario nformation"#Ta%eo&er Rules an' Re(ulations for an o&er&ie) of Parent Firm Share Pri
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e
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Cost of ualityMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
4his re9or) lis)s )he cos) associa)ed wi)h ensuring >uali)y 9roduc)s$
Pre&ention Costs
/ela)ionshi9s "100000Preven)a)ive Main)enance "600000
4raining 759enses "&0
4raining ;aor 'os) "36636
4o)al Preven)io "+3##16
Appraisal Costs
@uali)y Sys)es "160000
:ns9ec)ion "11&360
4o)al A99raisal "13#360
nternal Failure Costs
/ework Ma)erials 'os) "&6+%
/ework ;aor "2#++
4o)al :n)ernal = "11#3%3
+,ternal Failure Costs
arran)y 'lais "3#++6
4o)al 75)ernal "3#++6
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Factory -&erhea' Allocation RatesMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
4his re9or) lis)s )he ac)ory overhead cos)s and calcula)es )he overhead a99lica)ion ra)es$
8o)e )ha) )he direc) cos)s are ased on )he 9roduc) s)andards (no) ac)uals!$
aterial -&erhea's/aw Ma)erials "&120
/ela)ionshi9s wi)h Su99liers "100000
/ework Ma)erials 'os) "&6+%
4o)al Ma)erial "206%
4o)al .irec) Ma)erial 'os)s "#662100
Ma)erial Overhead A99lica)ion /a)e (" 9er .Ma)"! "0$0%
/a0or -&erhea's
Se)u9 ;aor "236&0
4raining ;aor "36636
/ework ;aor "2#++
O)her ;aor "31#33
:ns9ec)ion "11&360
4raining 759enses "&0
orkorce 'hange 'os) "2#000
Produc)ion Scheduling Ad "100000
4o)al ;aor Ov "110%4o)al .irec) ;aor ours 10#0#
;aor Overhead A99lica)ion /a)e (" 9er .;r! "1$0&
achine -&erhea's
Preven)a)ive Main)enance "600000
.e9recia)ion 759ense "1310+2
/educ)ion o Se)u9 4ies "260000
@uali)y Sys)es "160000
ain On Sale O Plan) "0
;oss On Sale Plan) "0
4o)al Machine "10310+2
4o)al .irec) Machine ours +03%
Machine Overhead A99lica)ion /a)e (" 9er .Machr! "13$21
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C-1 an' 1ross ar(in ReportMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
1ross ar(in Report
Pro'uct Roc%3opper
Sales ,ni)s 1&60&
/e)ail Price "2100
Average holesale Price "16%&
Sales Re&enue $!654!5
O9ening =inished oods :nve "0
PlusC 'os) o oods Manuac) "&006#
"&006#
;essC 'losing =inished oods "0
Cost of 1oo's Sol' $974
1R-SS AR18 $2569!4!
Cost of 1oo's anufacture' Report
8o)eC See )he Overhead /a)es /e9or) or Overhead Alloca)ion /a)e calcula)ions$
Pro'uct Roc%3opper
Prod .ev9) Pr cko99erProD
Produc)ion (uni)s! 1&60&
Materials Costs
irect Ra) aterials $47725
aterials -&erhea' Applie' $276
("0$0% 9er .Ma)"!
Labor Costs
S)andard .irec) ;aor "1300%00
.irec) ;aor 7iciency Varian ("#0%!
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(due )o eec)iveness wage levels!
irect /a0or $5279674
Standard Direct Labor Hours 104,048
/a0or -&erhea' Applie' $556("1$0& 9er .;r!
Machine Costs
Standard Machine Hours 78,036
achine -&erhea' Applie' $5!5:2
("13$21 9er .Machr!
T-TA/ C-ST -F 1--S $974
Avg Manuac)uring 'os) Per "#%1$%1
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ncome Statement 3istoryMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
25! 252 255
Sales /evenue "30%1#31 "30+&2+0+ "336&6
;essC 'os) o oods Sold "&006# "&0266&3 "&%102%
1R-SS AR $2569!4! $25:6:554 $2!:!4959
Sellin( ; istri0ution +,penses
Salaries "160000 "200000 "200000
Brand Adver)ising "1000000 "1000000 "1000000
Produc) Adver)ising "2#00000 "2#00000 "2#00000
Produc) P/ "600000 "600000 "600000
.is)riu)ion 'hannel Su99or) "1&0#1 "1&316+ "1&3&30
arran)y 'lais "3#++6 "3##02 "3+1%21
Produc) .evelo9en) ProDec) "0 "0 "0
Sales O Osole)e S)ock "0 "0 "0
'os) O Osole)e oods Sold "0 "0 "0
"#6&1&2 "#%3+16 "#%%6661
A'ministration +,penses
Salaries "300000 "360000 "360000
=inished oods arehousing "0 "0 "+6100:nves)or P/ "300000 "300000 "300000
;egal =ees "0 "0 "0
Miscellaneous 759ense "0 "0 "0
,nalloca)ed =ac)ory Overhea "0 "0 "0
"%00000 "%60000 "+26100
Financial +,penses
:n)eres) on Overdra) "0 "0 "0
:n)eres) on .e) )o Owning ' "0 "0 "0
:n)eres) on ;ong 4er .e) "1##000 "1##000 "1##000
.e) )o Owned 'o9any ri) "0 "0 "0
4akeover ids 9reius and "0 "0 "0
"1##000 "1##000 "1##000
T-TA/ -T3+R +
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-ther ncome
:n)eres) on 'ash in Bank "11612& "&6%2+6 "%&&+3
:n)eres) on ;oans )o Owned "0 "0 "0
.e) )o Owning 'o9any ri "0 "0 "0
Miscellaneous 'ash indall "0 "0 "0
T-TA/ -T3+ $557529 $9762:7 $699:!
Profit =efore Ta,ation $5:4652:9 $5:29224 $59545
;essC :ncoe 4a5 $7:62222 $7:642: $62!:46
PlusC 4a5 'redi) $ $ $
Profit After Ta,ation $556997: $5577::: $5266!94
.ividends received ro Own "0 "0 "0
8+T 8C 6997: 77::: 66!94
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25 29 2
"2+1##% "2#%1&&1+ "136&60
"&0300 "++% "+033+
$27554: $56:!222 $7:755!
"200000 "200000 "200000
"1000000 "1000000 "100000
"2#00000 "2#00000 "00000
"600000 "600000 "600000
"1&101 "1+2%0 "20%#
"32%&& "20##1 "1+%601
"0 "0 "0
"0 "0 "0
"0 "0 "0
"#%1+&0 "#6%++00 "1&2&&6
"300000 "260000 "260000
"13+60 "&0600 "+++60"300000 "300000 "300000
"0 "0 "0
"0 "0 "0
"0 "0 "0
"+3+60 "%#0600 "%2++60
"0 "0 "0
"0 "0 "0
"1##000 "1##000 "1##000
"0 "0 "0
"0 "0 "0
"1##000 "1##000 "1##000
$7499! $7!722 $2:74:47
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"#3+%&% "21&63# "&300
"0 "0 "0
"0 "0 "0
"0 "0 "0
$4!:696 $2597!4 $9!
$577595! $55799762 $!52456:
$75252:4 $!2:76 $5!9:7
$ $ $
$5!9::!9 $:::5:: $29!592
"0 "0 "0
!9::!9 ::5:: 9!592
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=alance Sheet 3istoryMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
25! 252 255
+>uity
8uer o Shares Ou)s)andin 2000000 2000000 2000000
Share 'a9i)al "2000000 "2000000 "2000000
/e)ained 7arnings "6+2106%% "#661160 "33&26+32
T-TA/ + 25766 7557 927:!2
4hese unds are re9resen)ed yC
Current Assets'ash "%6+&32&0 "63&0#+0% "#2%+&106
/aw Ma)erials :nven)ory "#66210 "#6++0 "#%##+3
=inished oods :nven)ory "0 "0 "0
"%%2#600 "6#3%26+% "#31#36+
8on Current Assets
Plan) "#000000 "#000000 "#000000
;essC Accuula)ed .e9recia)i "3#+6+12 "33##%#0 "31000
"62#2 "%663%0 "1&200
n&estments
7>ui)y in Owned =irs "0 "0 "0
;oans 4o Owned =irs "0 "0 "0
T-TA/ ASS+TS $66::2: $775:9!6 $4!962::
Current /ia0ilities
Overdra) "0 "0 "0
'o9any 4a5 4o Pay "6+%2222 "6+0%#2+ "%23+0#%
"6+%2222 "6+0%#2+ "%23+0#%
8on Current /ia0ilities
;ong 4er .e) "100000 "100000 "100000
;oans =ro Owner "0 "0 "0
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"100000 "100000 "100000
T-TA/ /A=/T+S $:762222 $:7642: $!:46
T-TA/ 8+T ASS+$7925766 $4:7557 $!7927:!2 $2
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"100000 "100000 "100000
$69252:4 $762:76 $2!9:7
2626!: $526499 $79!592
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Cashflo) Statement 3istoryMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
25! 252 255
Cashflo)s from -peratin( Acti&ities
'ash was 9rovided roC
Sales "30%1#31 "30+&2+0+ "336&6Sales O Osole)e S)ock "0 "0 "0
Miscellaneous 'ash indall "0 "0 "0
'ash was disursed )oC
.esign .evelo9en) ProDe "0 "0 "0
Brand Adver)ising "1000000 "1000000 "1000000
Produc) Adver)ising "2#00000 "2#00000 "2#00000
Produc) P/ "600000 "600000 "600000
.is)riu)ion "1&0#1 "1&316+ "1&3&30
=inished oods olding 'os) "0 "0 "+6100
;aour cos)s "22+6000 "2326000 "2326000
4raining 759enses "&0 "&&3%0 "&
orkorce 'hange 'os) "2#000 "2000 "32000
/aw Ma)erial Purchases "#6##0 "#6+20&+ "#%%62&0
/aw Ma)erials olding 'os) "&120 "&2213 "&013
/ela)ionshi9s wi)h Su99liers "100000 "100000 "100000
Preven)a)ive Main)enance "600000 "600000 "600000
/educ)ion o Se)u9 4ies "260000 "260000 "260000
@uali)y Sys)es "160000 "160000 "160000
:ns9ec)ion "11&360 "1200120 "121+1%0
/ework Ma)erials 'os) "&6+% "3%0 "+##arran)y 'lais "3#++6 "3##02 "3+1%21
:nves)or P/ "300000 "300000 "300000
;egal =ees (when under s)a)u "0 "0 "0
'o9any )a5 9aid "6+0%#2+ "%23+0#% "61212+#
Miscellaneous 759enses "0 "0 "0
-P+RAT81 $54:477 $545!!26 $545575:2
Cashflo)s From n&estin( Acti&ities
'ash was 9rovided roC
Sale O Plan) "0 "0 "0
Sale o 'o9anies "0 "0 "0
Sale o Shares )o Owned 'o "0 "0 "0
.ividends ro Owned 'o9 "0 "0 "0
;oan =ro Owned =irs /e9 "0 "0 "0
:n)eres) ro Owned 'o9ani "0 "0 "0
'ash was disursed )oC
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Purchase o Plan) "0 "0 "0
Purchase o 'o9anies "0 "0 "0
Purchase o Shares o Owne "0 "0 "0
;oan 4o Owned =irs "0 "0 "0
8?+ST+8T $ $ $
Cashflo)s From Financin( Acti&ities
'ash was 9rovided roC
;ong 4er .e) /aised "0 "0 "0
Share :ssue "0 "0 "0
7ergency 7>ui)y :nDec)ion "0 "0 "0
:n)eres) on 'ash in Bank "11612& "&6%2+6 "%&&+3
;oan =ro Owner "0 "0 "0
'ash was disursed )oC
;ong 4er .e) /e9aid "0 "0 "0
;oan )o Owner /e9aid "0 "0 "0
Share /e9urchase "0 "0 "0
Share :ssue
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25 29 2
"2+1##% "2#%1&&1+ "136&60"0 "0 "0
"0 "0 "0
"0 "0 "0
"1000000 "1000000 "100000
"2#00000 "2#00000 "00000
"600000 "600000 "600000
"1&101 "1+2%0 "20%#
"13+60 "&0600 "+++60
"2300000 "22+6000 "2300000
"10000 "101+%0 "103200
"#0000 "#000 "%0000
"#600+%+ "#132&6# "3%&&&%
"2%00 "#6#63 "+233
"100000 "100000 "30000
"600000 "600000 "600000
"260000 "260000 "20000
"160000 "160000 "160000
"11%3#00 "1002#20 "&63#%0
"6061 "+6222 "13%0"32%&& "20##1 "1+%601
"300000 "300000 "300000
"0 "0 "0
"32+6% "1030&+6 "1000000
"0 "0 "0
$5575754! $55499!2 $272!977
"0 "0 "0
"0 "0 "0
"0 "0 "0
"0 "0 "0
"0 "0 "0
"0 "0 "0
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"0 "0 "0
"0 "0 "0
"0 "0 "0
"0 "0 "0
$ $ $
"0 "0 "0
"0 "0 "0
"0 "0 "0
"#3+%&% "21&63# "&300
"0 "0 "0
"0 "0 "0
"0 "0 "0
"0 "0 "0
"0 "0 "0
"0 "0 "0
"1##000 "1##000 "1##000
"0 "0 "0
"0 "0 "0
"0 "0 "0
$29!696 $:77!4 @$72
!9 $5227466 $24:!:77
$56599225 $79:!:77 $!7
6 599225 9:!:77
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+conomic ?alue StatementMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
+arnin(s
8e) O9era)ing "11001601
(e5cluding in)eres) cos)s!
:nves)en) 7arnings "0
7A/8:8S "11001601
Cost of Capital
:n)eres) 'harge ("%&+66%!
7>ui)y 'harge "#0&1+36
'AP:4A; 'A/7 "33+&
+C-8-C ?A/B+ CR+AT+ $:6:!22
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ar%et Summary @All Pro'uct etailsMikesBikes-Advanced - Single-Player - Period 2013
4his re9or) shows various inora)ion or all 9roduc)s on )he arke)$
Mos) values are re9or)ed as a ra)ing e)ween 0$00 and 1$00 where 1$00 is )he highes) 9ossile ra)ing$
7very segen) has dieren) 9reerences and 1$00 is rarely )he o9)ial value )o ai or$
Firm Sales Retail Price
A'&enturers
/'E/ocko99er /eal 'ool 'ycles 1&60& "2100
EM4E/ocko99er Moun)ain4o9 'ycles 3#1%% "100
Average (eig 63%+6 "1&%
/eisure
(8o sales!
8otes
1$ FPrev .eliveryF reers )o )he .elivery ra)ing or )his 9roduc) in )he 9revious 9eriod$
:) is shown ecause )he siula)ion used )his igure when calcula)ing 9roduc) deand or )he curren) 9eriod$
Gour cus)oersF u)ure .elivery e59ec)a)ions are ased on your 9as) .elivery 9erorance
no) your curren) .elivery 9erorance$
2$ F'urren) .eliveryF reers )o )he .elivery ra)ing or )his 9roduc) in )he curren) 9eriod$
4his value will e used in )he deand calcula)ions or )he ne5) rollover$
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A)areness PR istri0ution uality
0$% 0$03 0$#& 0$+
0$3+ 0$03 0$& 0$&
0$#+ 0$03 0$++ 0$3
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Pre& eli&ery Current eli& Pro'uct Specs
0$3& 0$# 0$61
0$& 0$&1 0$
0$+# - 0$+1
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anufacturin( Responsi&eness ReportMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
Perio' 25! 252
CAPACTD
8uer o 79loyees 0 0Adinis)ra)ion S)a % +
Marke)ing Sales S)a 3 #
Produc)ion Adin S)a 2 2
=ac)ory orkorce %& %+
=ac)ory orkorce 'a9aci)y ( 2660 2+110
7ec)ive Plan) (S',! 26000 26000
4O4A; 'APA':4G (S',! 2%+1% 2%03#
Capacity )as allocate' to
4raining (*! 2* 2*
/ework (*! 1* 1*
Se)u9 (*! 1* 2*
Breakdowns (*! 21* 1*
/aw Ma)erials S)ockou) (*! 2* 2*
Produc)ion (*! +3* +6*
:dle 4ie (*! 0* 0*
5E 5E
P;A84 =O/ 87H4 P7/:O.
7ec)ive Plan) (S',! 26000 26000
Plan) sold (a) end o 9eriod! 0 0
8ewly 9urchased
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+>uity o&ements StatementMikesBikes-Advanced - Single-Player - /eal 'ool 'ycles - Period 2013
8uer o Sha 2000000
ssue' CapitalO9ening Share 'a9i)al "2000000
Shares :ssued "0
Shares /e9urchased "0
Share 4ransac)ion 'os)s "0
Share 'a9i)al "2000000
Retaine' +arnin(s
Previous /e)ained 7arnings "#661160
8e) Sur9lus "11%&&06+
/evalua)ion o Owned 'o9a "0
;essC .ividends "0
PlusC 7ergency 7>ui)y :nDec) "0
;essC i)hdrawal o 7ergen "0
/e)ained 7arnings "6+2106%%
T-TA/ + 25766