The French Bistro

Statement of Financial Position Year ended 30 June 2016

vertical vertical Horizontal

Description Budget Actual Analysis
analysis % analysis % Variance $

Sale 250,000 100.00 220,000 100.00 -30,000

Less Cost of Goods Sale
Stock 1 July 2015 28,000 11.20 28,000 12.73 0
Purchases 88,000 35.20 99,000 45.00 11,000
Stock available for sale 116,000 46.40 127,000 57.73 11,000
Less Stock 30 June 2016 18,000 7.20 44,000 20.00 26,000
Cost of Goods Sold 98,000 39.20 83,000 37.73 -15,000
Gross Profit 152,000 60.80 137,000 62.27 -15,000

Other Income
Rent received 3,550 1.42 3,500 1.59 -50
Interest Received 1,200 0.48 1,500 0.68 300
Total Other Income 4,750 1.90 5,000 2.27 250
152,000 137,000
Total Revenue 156,750 62.70 142,000 64.55 -14,750

Expenses
Insurnace 5,000 2.00 5,500 2.50 500
Musicians 6,000 2.40 9,000 4.09 3,000
Wages 66,750 26.70 79,000 35.91 12,250
Advertising 4,000 1.60 1,500 0.68 -2,500
Repairs 1,200 0.48 2,400 1.09 1,200
Bad Debts 500 0.20 1,000 0.45 500
Electricity, Gas, Water 7,500 3.00 12,540 5.70 5,040
Cleaning 6,500 2.60 9,500 4.32 3,000
Rent 12,000 4.80 12,000 5.45 0
Depreciation 2,000 0.80 2,000 0.91 0
Interest 2,000 0.80 2,500 1.14 500
Rates 1,550 0.62 1,750 0.80 200
Total Expenses 115,000 46.00 138,690 63.04 23,690

Net Profit 41,750 16.70 3,310 1.50 -38,440

 Horizontal Favurable /
Analysis Unfavourable
Variance %

- 12 Unfavourable

- -
12.50 Unfavourable
9.48 Unfavourable
144.44 Unfavourable
- 15.31 Favourable
- 9.87 Unfavourable

- 1.41 Unfavourable
25.00 Favourable
5.26 Unfavourable

- 9.41 Unfavourable

10.00 Unfavourable
50.00 Unfavourable
18.35 Unfavourable
- 62.50 Favourable
100.00 Unfavourable
100.00 Unfavourable
67.20 Unfavourable
46.15 Unfavourable
- Unfavourable
- Unfavourable
25.00 Unfavourable
12.90 Favourable
20.60

- 92.07 Unfavourable
Vertical Anaysis - The French Bistro
Statement of Cash Flow Year ended 30 June 2016

Vertical Vertical Horizontal

Description Budget Actual Analysis
Analysis % Analysis % Variance $

Cash Inflow
Cash Sales 200,000 75.7 135,000 45.00 -65,000
Rent Received 3,550 1.34 3,500 1.17 50
Interest Received 1,200 0.45 1,500 0.50 300
Loans Received 10,000 3.78 125,000 41.67 115,000
Debtor Collections 49,500 18.73 35,000 11.67 -14,500
Total Cash Inflows 264,250 100.00 300,000 100.00 35,750

Cash Outflows
Insurnace 5,000 2.38 5,500 1.90 500
Musicians 6,000 2.85 9,000 3.11 3,000
Wages 66,750 31.71 79,000 27.27 12,250
Advertising 4,000 1.90 1,500 0.52 2,500
Repairs 1,200 0.57 2,400 0.83 1,200
Electricity, Gas, Water 7,500 3.56 12,540 4.33 5,040
Cleaning 6,500 3.09 9,500 3.28 3,000
Rent 12,000 5.70 12,000 4.14 0
Interest 2,000 0.95 2,500 0.86 500
Rates 1,550 0.74 1,750 0.60 200
Cash Purchases 80,000 38.00 45,000 15.53 -35,000
Purchase of Vehicles 5,000 2.38 30,000 10.36 25,000
Purchase of Furniture 3,000 1.43 25,000 8.63 22,000
Purchase of Equipment 2,000 0.95 30,000 10.36 28,000
Payment to Creditors 8,000 3.80 24,000 8.28 16,000

Total Cash Outflow 210,500 96.20 289,690 91.72 84,190

Surplus/Deficit 53,750 10,310 -48,440

Opening Bank Balance 12,500 4,250 -8,250

Closing Bank Balance 66,250 14,560 -51,690
Horizontal Favurable /
Analysis Unfavourable
Variance %

-32.5 Unfavourable
1.41 Unfavourable
25 Favourable
1150 Unfavourable
-29.29 Favourable
14 Favourable

10 Unfavourable
50 Unfavourable
18.35 Unfavourable
62.5 Favourable
100.00 Unfavourable
67.20 Unfavourable
46.15 Unfavourable
0.00 Favourable
25.00 Unfavourable
12.90 Unfavourable
-43.75 Unfavourable
500 Unfavourable
733.33 Unfavourable
1400 Favourable
200 Unfavourable

40.00 Unfavourable

-90.12 Favourable

-66.00 Favourable
-78.02 Favourable
Vertical Anaysis - The French Bistro
Statement of Financial Position ended 30 June 2016

Vertical Horizontal Horizontal

Description Budget Analysis Actual Vertical Analysis Analysis
Analysis %
% Variance $ Variance %

Assets
Bank 66,250 7.30 14,560 1.45 -51,690 -78.0
Debtors 5,000 0.55 49,000 4.90 44,000 880.0
Stock 18,000 1.98 44,000 4.40 26,000 144.4
Buildings 550,000 60.61 550,000 55.0 0 0.00
Vehicles 75,000 8.26 100,000 10.0 25,000 33.33
Furniture 125,000 13.77 147,000 14.7 22,000 17.60
Equipment 68,250 7.52 96,250 9.62 28,000 41.03
Total Assets 907,500 100.0 1,000,810 100.0 93,310 10.28

Liabilities
Creditors 12,500 1.38 42,500 4.25 30,000 240.0
Loans 250,000 27.55 365,000 36.47 115,000 46.00
Total Liabilities 262,500 28.93 407,500 40.72 145,000 55.24

Net assets 645,000 593,310 -51,690 -8.01

Owners Equity
Capital 603,250 66.47 590,000 58.95 -13,250 -2.2
Profit 41,750 4.60 3,310 0.33 -38,440 -92.1
Total Owners Equity 645,000 71.07 593,310 59.28 -51,690 -8.01
 Favurable /
Unfavourable

Unfavourable
Favourable
Favourable
Favourable
Favourable
Favourable
Favourable
Favourable

Unfavourable
Unfavourable

Unfavourable

Unfavourable
Unfavourable