fm3_chapter04 - A 1 2 3 4 5 6 7 8 9 ASSETS Cash and...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
PPG CORP. BALANCE SHEETS, 1991-2000 ASSETS 2000 1999 1998 1997 1996 Cash and Short-Term Investments 111 158 128 129 70 Receivables 1,563 1,594 1,366 1,353 1,226 Inventories - Total 1,121 1,016 917 863 797 Other Current Assets 298 294 249 239 205 Total Current Assets 3,093 3,062 2,660 2,584 2,296 Property, Plant, and Equipment, Gross 7,089 6,859 6,739 6,758 6,688 4,148 3,926 3,834 3,903 3,775 Property, Plant, and Equipment, Net 2,941 2,933 2,905 2,855 2,914 Intangibles 1,700 1,685 632 370 23 Other Assets 1,391 1,234 1,190 1,059 1,208 TOTAL ASSETS 9,125 8,914 7,387 6,868 6,441 LIABILITIES Accounts Payable 764 755 630 646 602 Accrued Expense 606 649 634 564 504 Other Current Liabilities 12 26 11 8 15 Debt 2,971 2,790 1,718 1,701 1,482 Deferred Taxes 543 520 440 406 419 Minority Interest 128 98 87 82 76 Other Liabilities 1,004 970 987 952 861 EQUITY Common Stock 484 484 484 484 484 Capital Surplus 102 104 105 99 97 Retained Earnings 6,019 5,786 5,489 4,916 4,569 Less: Treasury Stock - Total Dollar Amount 3,508 3,268 3,198 2,990 2,667 Total stockholders equity 3,097 3,106 2,880 2,509 2,483 TOTAL LIABILITIES AND EQUITY 9,125 8,914 7,387 6,868 6,441 168 174 175 178 183 Balance sheet--historical ratios ASSETS 2000 1999 1998 1997 1996 Cash and Short-Term Investments Receivables/Sales 18.11% 20.55% 18.19% 18.34% 16.98% Inventories/Sales 12.99% 13.10% 12.21% 11.70% 11.03% Other Current Assets/Sales 3.45% 3.79% 3.32% 3.24% 2.84% Operating CA/Sales 35.84% 39.47% 35.42% 35.02% 31.81% Property, Plant, Equipment, Gross/Sales 82.15% 88.42% 89.73% 91.58% 92.66% Depreciation, Depletion, and Amortization (Accumulated) COMMON SHARES OUTSTANDING (million) A B C D E F 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Annual depreciation/PPE 6.31% 6.05% 5.25% 5.15% 5.09% Property, Plant, Equipment, Net/Sales 34.08% 37.81% 38.68% 38.69% 40.36% Other Assets/Sales 16.12% 15.91% 15.85% 14.35% 16.74% Other Assets, growth rate since 1991 7.93% #MACRO? LIABILITIES Accounts Payable/Sales 8.85% 9.73% 8.39% 8.75% 8.34% Accrued Expense/Sales 7.02% 8.37% 8.44% 7.64% 6.98% Other Current Liabilities/Sales 0.14% 0.34% 0.15% 0.11% 0.21% Operating CL/Sales 16.02% 18.43% 16.98% 16.51% 15.52% Debt Debt/equity 95.93% 89.83% 59.65% 67.80% 59.70% Debt/assets 32.56% 31.30% 23.26% 24.77% 23.01% Other Liabilities/Sales 11.64% 12.50% 13.14% 12.90% 11.92% Other Liabilities, growth rate since 1991 12.53% #MACRO? Balance sheet--model parameters ASSETS Cash and Short-Term Investments constant Receivables/Sales 18.28% #MACRO? Inventories/Sales 12.24% #MACRO? Other Current Assets/Sales 3.21% #MACRO? Operating CA/Sales 35.11% #MACRO? Property, Plant, Equipment, Gross
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/23/2011 for the course FGB 780 taught by Professor Edwardchang during the Spring '09 term at Missouri State University-Springfield.

Page1 / 47

fm3_chapter04 - A 1 2 3 4 5 6 7 8 9 ASSETS Cash and...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online