This document contains an analysis of various financial ratios for a company over multiple years, including liquidity ratios, activity ratios, profitability ratios, investor ratios, and DuPont analysis. It also discusses the company's dividend policy, working capital policy, weighted average cost of capital calculation, and trend analysis. Key metrics analyzed include current ratio, average collection period, gross profit margin, return on equity, price-earnings ratio, and assets turnover.

2. Industry background

4. RATIO ANALYSIS

7. Receivable Turnover Ratio

8. Average Payment Period

9. Fixed Assets Turnover Ratio

10. AVERAGE COLLECTION PERIOD 90 100 110 120 Days 00 01 02 03 04 Years Average Collection Period Days

11. GROSS PROFIT MARGIN Gross Profit Margin 37.3676 43.71912 42.88894 42.72985 38.34223 36.57909 99 00 01 02 03 04 Yr. Gross Profit Margin %age %age

12. NET PROFIT MARGIN Net Profit Margin 30.23836 37.65251 36.83756 36.53225 32.29699 30.89674 99 00 01 02 03 04 Yrs NPM %age %age

13. RETURN ON EQUITY 0 10 20 30 40 Return 00 01 02 03 04 Year ROE ROE

15. DUPONT ANALYSIS Financial Management Operating Activities Investing Activities Financing Activities Total Efficiency (Profitability) PAT/Sales 1243.47/4760.89 0.26 Production Efficiency (Gross Margin/Sales) 1741.49/4760.89 0.36 Operating Efficiency (PAT/Gross Margin) 1243.47/1741.49 0.71 Assets Turnover (Sales/Average Assets) 4760.89/4380.9 1.08 Receivables/Sales 1432.7/4760.89 .30 Investments/Sales 560.89/4760.89 .11 Cash & Bank/Sales 1480/4760.89 .31 Leverage (Equity Multiplier) (Average Assets/Average Equity) 4380.9/33.22 131.8 Sales/Fixed Assets 1519.7/4760.89 .31

16. DIVIDEND POLICY

18. Cash Conversion Period

20. TREND ANALYSIS