Financial Performance Analysis of Diansi Restaurant (2019-2020)

This report presents a detailed financial analysis of Diansi Restaurant, covering the years 2019 and 2020. It includes an in-depth examination of the income statement, balance sheet, and cash flow statement. The income statement highlights sales revenue, cost of goods sold (COGS), gross margin, operating expenses, and net income before and after taxes. The balance sheet provides a snapshot of the restaurant's assets, liabilities, and equity, detailing current and fixed assets, current and long-term liabilities, and owner's equity. The cash flow statement analyzes cash receipts and payments from operating, investing, and financing activities, offering insights into the restaurant's cash management and financial health. The analysis covers key financial metrics such as profitability, liquidity, and solvency, providing a comprehensive overview of Diansi Restaurant's financial performance over the specified period.

Personal and
Professional
Development
[Reflective Report]

Table of Contents
Income Statement: ......................................................................................................................3
Balance Sheet:..............................................................................................................................4
Cash Flow Statement:..................................................................................................................7

Income Statement of Diansi Restaurant:
PARTICULARS 2020 2019
Sales revenue 150000 125000
COGS 50000 40000
Gross margin 100000 85000
Advertising 1500 1200
Rent 3000 3000
Furniture and equipment 8000 8500
Interest expense 4000 5000
Maintenance and repairs 150 100
Salaries and wages 25000 25000
Total expenses 41650 42800
Net Income Before Taxes 58350 42200
Income tax expense 17505 12660
Total 40845 29540
Balance sheet of Diansi Restaurant:
BALANCE SHEET
Assets
Current Assets
Cash 100000
Accounts receivable 200000
Inventory 150000
Prepaid expenses 25000
Other current assets 10000
Total Current Assets 485000
3

Fixed Assets
Machinery & equipment 500000
Furniture & fixtures 250000
Leasehold improvements 15000
Land & buildings 550000
Other fixed assets 100000
Total Fixed Assets (net of
depreciation) 1415000
Other Assets
Intangibles 10000
Deposits 5000
Goodwill 15000
Other 1000
Total Other Assets 31000
TOTAL Assets 1931000
Liabilities and Equity
Current Liabilities
Accounts payable 25000
Interest payable 15000
Taxes payable 30000
Notes, short-term (due within 12
months) 25000
Current part, long-term debt 11000
Other current liabilities 10000
Total Current Liabilities 116000
Long-term Debt
Bank loans payable 300000
Notes payable to stockholders 150000
Other long term debt 250000
Total Long-term Debt 700000
4

Total Liabilities 816000
Owners' Equity
Invested capital 1000000
Retained earnings - beginning 100000
Retained earnings - current 15000
Total Owners' Equity 1115000
Total Liabilities & Equity 1931000
Cash flow statement of Diansi Restaurant:
Cash receipts
from
Customers 6,93,200
Other Operations
Cash paid for
Inventory purchases -2,60,000
General operating and administrative
expenses -1,20,000
Wage expenses -1,20,000
Interest -13,000
Income taxes -32,000
Net Cash Flow from Operations 1,48
,200
Investing
Activities
Cash receipts
from
Sale of property and equipment 33,000
Collection of principal on loans
Sale of investment securities
Cash paid for
Purchase of property and equipment -75,500
Making loans to other entities
Purchase of investment securities
Net Cash Flow from Investing Activities
-
42,5
00
Financing
Activities
5

Cash receipts
from
Issuance of stock nil
Borrowing nil
Cash paid for
Repurchase of stock (treasury stock)
Repayment of loans -33,000
Dividends -50,000
Net Cash Flow from Financing Activities
-
83,0
00
Net Increase in
Cash 22,700
6