Calculate the following based on the attached balance sheet/income statement:
ROE
ROA
Gross profit margin
Operating profit margin
EBITDA
Asset Turnover Ratio
Debt to Asset Ratio
Debt to Equity Ratio
Exhibit 14
Hennes & Mauritz Income Statement and Balance Sheet USD 000
1999/2000 3,009,190 1,487,747 1,521,443
1998/1999 3,280,953 49.4% 1,547,329 50.6% 1,733,624
Net Operating Revenues
Cost Of Goods Sold
Gross Margin
Operating Expenses
Income (Personnel, R&D, Depreciations and other operating expenses)
Operating Profits
Other Incomes (Expenses)
Financial Expenses
Income
Pretax Income
Income Tax
Net Income
47.2%
52.8%
1,150,099
371,344
38.2%
1,194,800
12.3%
538,824
0.0%
-0.8%
-21,012
13.1%
559,835
-4.8%
192,729
17.9%
367,106
36.4%
16.4%
0.0%
9.0%
17.1%
5.9%
11.2%
-23,379
394,723
-143,330
538,053
Asset
Current Assets
Cash + Investments
Inventories
Other Current Assets
Non-Current Assets
Prop Plant & Equip Net
Other Assets
1,551,392
1,051,897
533,913
439,595
78,389
499,495
489,950
9,545
1,670,343
67.8%
1,297,848
34.4%
803,812
28.3%
424,624
5.1%
69,412
32.2%
372,495
31.6%
363,589
0.6%
8,906
77.7%
48.1%
25.4%
4.2%
22.3%
21.8%
0.5%
1,551,422
299,723
91,433
208,290
1,670,400
19.3%
378,471
5.9%
104,824
13.4%
273,647
0.0%
5.0%
80,894
0.3%
5,082
4.7%
75,812
75.7%
1,211,035
15.8%
194,259
84.2%
1,016,776
0.0%
Liabilities
Current Liabilities
Accounts Payable (Short Term Debts)
Short Term Other
Short Term Liabilities
Non-Current Liabilities
Debts (Long Term)
Other Long Term Liabilities
Equity
Common Stock & Surplus
Retained Earnings
Other Equity
22.7%
6.3%
16.4%
0.0%
4.8%
0.3%
4.5%
72.5%
16.0%
84.0%
0.0%
76,818
4,140
72,678
1,174,881
185,840
989,041
20,680
579,805
17,652
Full-time average employee
Square Meters
Source: Hennes & Mauritz Report 1998/2000.
Exchange rate
Date 30/11/2000 30/11/2001
Exchange 1 US$ = SEK 8.5 10.12