assets20132012 cash & equivalents 13.71%18.27% cash and short term investments 13.71%18.27%...

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LINCOLN ELECTRIC,INC Financial Analysis Project Presentation Common Size Balance Sheet Abdul

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Page 1: Assets20132012 Cash & Equivalents 13.71%18.27% Cash and Short Term Investments 13.71%18.27% Accounts Receivable - Trade, Gross 17.67%19.89% Provision

LINCOLN ELECTRIC,INC Financial Analysis Project

Presentation Common Size Balance Sheet

Abdul

Page 2: Assets20132012 Cash & Equivalents 13.71%18.27% Cash and Short Term Investments 13.71%18.27% Accounts Receivable - Trade, Gross 17.67%19.89% Provision

Common Sized Balance Sheet ( Current Assets)

Assets 2013 2012

Cash & Equivalents 13.71% 18.27%

Cash and Short Term Investments 13.71% 18.27%

Accounts Receivable - Trade, Gross 17.67% 19.89%

Provision for Doubtful Accounts -0.41% -0.36%

Accounts Receivable - Trade, Net 17.26% 19.54%

Total Receivables, Net 17.26% 19.54%

Inventories - Finished Goods 9.72% 10.82%

Inventories - Work In Progress 2.00% 2.13%

Inventories - Raw Materials 5.74% 5.93%

Total Inventory 17.46% 18.88%

Deferred Income Tax - Current Asset 0.00% 0.76%

Other Current Assets 5.78% 4.23%

Other Current Assets, Total 5.78% 4.99%

Total Current Assets 54.21% 61.68%

Page 3: Assets20132012 Cash & Equivalents 13.71%18.27% Cash and Short Term Investments 13.71%18.27% Accounts Receivable - Trade, Gross 17.67%19.89% Provision

Common Sized Balance Sheet ( Non-Current Assets)

Item 2013 2012Buildings - Gross 16.45% 16.32%

Land / Improvements - Gross 2.13% 2.17%

Machinery / Equipment - Gross 35.05% 36.67%

Property / Plant / Equipment, Total - Gross 53.63% 55.16%

Accumulated Depreciation, Total -30.37% -31.36%

Property / Plant / Equipment, Total - Net 23.27% 23.80%

Goodwill, Net 0.00% 3.29%

Intangibles - Gross 0.00% 6.54%

Accumulated Intangible Amortization 0.00% -1.76%

Intangibles, Net 0.00% 4.78%

LT Investment - Affiliate Companies 0.00% 1.25%

LT Investments - Other 0.00% 1.53%

Long Term Investments 0.00% 2.77%

Pension Benefits - Overfunded 0.00% 0.00%

Defered Income Tax - Long Term Asset 0.00% 2.91%

Other Long Term Assets 22.53% 0.76%

Other Long Term Assets, Total 22.53% 3.68%

Total Assets 100.00% 100.00%

Page 4: Assets20132012 Cash & Equivalents 13.71%18.27% Cash and Short Term Investments 13.71%18.27% Accounts Receivable - Trade, Gross 17.67%19.89% Provision

Common Size Balance Sheet ( Current Liabilities)

Item 2013 2012

Accounts Payable 10.03% 8.92%

Accrued Expenses 0.00% 4.87%

Notes Payable / Short Term Debt 0.87% 1.01%

Current Portion of Long Term Debt / Capital Leases 0.02% 4.12%

Dividends Payable 0.00% 0.72%

Customer Advances 0.00% 0.78%

Income Taxes Payable 0.00% 1.11%

Other Current Liabilities 10.14% 2.30%

Other Current liabilities, Total 10.14% 4.91%

Total Current Liabilities 21.07% 23.83%

Page 5: Assets20132012 Cash & Equivalents 13.71%18.27% Cash and Short Term Investments 13.71%18.27% Accounts Receivable - Trade, Gross 17.67%19.89% Provision

Common Size Balance Sheet ( Long Term Liabilities and Other Liabilities)

Item 2013 2012

Long Term Debt 0.08% 0.10%

Total Long Term Debt 0.08% 0.10%

Total Debt 0.97% 5.23%

Deferred Income Tax – Long Term Liability 0.00% 0.89%

Deferred Income Tax 0.00% 0.89%

Minority Interest 0.76% 0.82%

Pension Benefits - Underfunded 10.34% 11.75%

Other Long Term Liabilities 3.52% 3.07%

Other Liabilities, Total 13.86% 14.82%

Total Liabilities 35.77% 40.46%

Page 6: Assets20132012 Cash & Equivalents 13.71%18.27% Cash and Short Term Investments 13.71%18.27% Accounts Receivable - Trade, Gross 17.67%19.89% Provision

Common Size Balance Sheet ( Equities)

Item 2013 2012

Common Stock 0.47% 0.50%

Common Stock, Total 0.47% 0.50%

Additional Paid-In Capital 9.82% 9.06%

Retained Earnings (Accumulated Deficit) 80.52% 75.09%

Treasury Stock - Common -15.31% -12.57%

Unrealized Gain (Loss) 0.00% 0.05%

Translation Adjustment 0.00% 0.33%

Minimum Pension Liability Adjustment 0.00% -12.92%

Other Comprehensive Income -11.26% 0.00%

Other Equity, Total -11.26% -12.59%

Total Equity 64.23% 59.54%

Total Liabilities & Shareholders' Equity 100.00% 100.00%