exhibits bayern

 Essay about exhibits bayern

EXHIBIT 1

BAYERN BRAUEREI

TRADITIONAL AND FORECASTED INCOME TRANSACTIONS AND EQUILIBRIUM SHEETS

(fiscal year concluded December thirty-one; all statistics in DM thousands)

increase/decrease

Historial and Projected Income Statements

ACTUAL

PROJECTED

GENUINE

PROJECTED

1989

1990

1991

1992

1993

1994

1990

1991

1992

1993

1994

1

Sales: European Länder

78, 202

78, 984

70, 959

83, 476

85, 981

88, 560

782. 00

1, 975. 00

2, 517. 00

2, 505. 00

2, 579. 00

2

Product sales: Eastern Länder

---

several, 113

doze, 825

18, 879

28, 375

thirty-five, 587

--

9, 712. 00

6, 054. 00

8, 496. 00

8, 212. 00

3

Net Sales

78, 202

82, 097

93, 784

102, 355

113, 356

124, 147

782. 00

11, 687. 00

8, 571. 00

11, 001. 00

10, 791. 00

Operating Expenditures

4

Creation costs and expenses

40, 667

43, 390

60, 159

56, 298

sixty four, 302

69, 272

a couple of, 723. 00

6th, 769. 00

six, 139. 00

8, 004. 00

4, 970. 00

five

Admin. And selling expenses

15, 734

15, 967

18, 663

20, 164

21, 1000

24, 500

233. 00

two, 696. 00

one particular, 501. 00

836. 00

3, 500. 00

6

Downgrading

4, 550

5, 439

7, 367

7, 650

7, 600

8, 530

889. 00

1, 928. 00

283. 00

0. 00

880. 00

7

Bar Duties

10, 526

14, 174

eleven, 734

14, 949

12, 469

13, 656

(352. 00)

560. 00

215. 00

520. 00

1, 187. 00

8

Total operating bills

(72, 477)

(75, 970)

(87, 923)

(96, 061)

(105, 421)

(115, 458)

(3, 493. 00)

(11, 953. 00)

(8, 138. 00)

(9, 360. 00)

(10, 037. 00)

on the lookout for

Operating margin

5, 725

6, 127

5, 861

6, 294

7, 935

8, 689

402. 00

(266. 00)

433. 00

1, 641. 00

754. 00

twelve

Allowance intended for doubtful accounts

(9)

(6)

(28)

(19)

(188)

(46)

3. 00

(22. 00)

on the lookout for. 00

(169. 00)

142. 00

10

Interest expenditure

(841)

(778)

(2, 260)

(2, 085)

(2, 406)

(2, 679)

63. 00

(1, 482. 00)

175. 00

(321. 00)

(273. 00)

doze

Earnings prior to taxes

5, 875

5, 343

three or more, 573

4, 190

five, 341

5, 964

468. 00

(1, 770. 00)

617. 00

1, 151. 00

623. 00

13

Income taxes

(1, 647)

(1, 845)

(1, 412)

(1, 634)

(1, 869)

(2, 087)

(198. 00)

433. 00

(222. 00)

(235. 00)

(218. 00)

14

Net earnings

three or more, 228

3, 498

two, 161

2, 556

3, 472

3, 877

270. 00

(1, 337. 00)

395. 00

916. 00

405. 00

15

Dividends to all common shares

two, 428

two, 628

1, 622

you, 917

2, 604

two, 908

200. 00

(1, 006. 00)

295. 00

687. 00

304. 00

18

Retention of earnings

800

870

539

639

868

969

70. 00

(331. 00)

100. 00

229. 00

101. 00

Source: Case article writer analysis

Curricular and Expected Balance Sheet

ACTUAL

PROJECTED

REAL

PROJECTED

1989

1990

1991

1992

1993

year 1994

1990

1991

1992

93

1994

Property

1

Funds

6, 764

10, 040

11, 254

doze, 283

13, 603

13, 898

3, 276. 00

1, 214. 09

1, 028. 57

1, 319. 99

1, 295. 02

2

Accounts Receivable

Traditional western Länder

almost 8, 740

9, 004

9, 104

9, 477

being unfaithful, 658

9, 948

264. 00

100. 00

373. 00

181. eleven

289. 74

Eastern Länder

0

310

2, 987

four, 505

6, 750

eight, 775

310. 00

2, 677. 00

you, 518. 00

2, 244. 93

2, 024. 98

Permitting for Uncertain Accounts

(87)

(93)

(121)

(140)

(328)

(374)

(6. 00)

(28. 00)

(19. 00)

(188. 16)

(46. 29)

a few

Inventories

7, 732

7, 853

8, 965

14, 330

12-15, 870

17, 381

121. 00

1, 112. 00

5, 364. 78

1, 539. 98

1, 510. 86

4

Total Current Assets

23, 149

twenty-seven, 114

32, 189

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