Total de cuotas compensatorias
4.6 GRAFICAS DE PANELES BINACIONALES
Only Toyota Genuine Parts are designed & engineered specially for your Toyota. Over the years, heavy investments in R&D have been made to study the design, material selection &
internal construction of Toyota Genuine Parts. These parts are also tested under various simulated extreme conditions to ensure Quality, Reliability & Durability. For peace of mind, always insist on Toyota Genuine Parts.
All Toyota Genuine Parts carry a 6 month / 10,000 Km [whichever is earlier] Toyota Warranty*.
If a non-genuine part is fitted to your Toyota, and that part's failure damages your vehicle, then that damage will not be covered by your Toyota Warranty. Also, when your car is serviced by a Toyota Dealership, any warranty covered repairs identified will be carried out and are covered under your Toyota Warranty.
FINANCIALS
TOYOTA MOTOR CORP ADR (TM) CashFlowFlag BALANCE SHEET Fiscal year ends in March. JPY in
millions except per share data. 2010-03 2011-03 2012-03 2013-03 2014-03 Assets
Cash and cash equivalents 2258470 2284583 1759501 1824997 2221377
Short-term investments 1793165 1225435 1181070 1445663 2046877
Total cash 4051635 3510018 2940571 3270660 4268254
Receivables 1886273 1449151 1999827 1971659 2036232
Inventories 1422373 1304242 1622282 1715786 1894704
Deferred income taxes 632164 605884 718687 749398 866386
Prepaid expenses 511284 517454 516378 527034 672014
Other current assets 4569875 4443006 4523444 5550353 5980116
Total current assets 13073604 11829755 12321189 13784890 15717706 Gross property, plant and equipment 17093748 16611349 16849282 18223620 19764791 Accumulated Depreciation -10382847 -10302189 -10613902 -11372381 -12123493 Net property, plant and equipment 6710901 6309160 6235380 6851239 7641298
Equity and other investments 4135599 5398518 6491934 7849681 9931209
Other long-term assets 6429183 6280733 5602462 6997507 8147260
Total non-current assets 17275683 17988411 18329776 21698427 25719767
Total assets 30349287 29818166 30650965 35483317 41437473
Liabilities
Short-term debt 5497997 5951836 5963269 6793956 7780483
Accounts payable 1956505 1503072 2242583 2113778 2213218
Taxes payable 153387 112801 133778 156266 594829
Accrued liabilities 1735930 1773233 1828523 2185537 2313160
Other current liabilities 1342395 1450048 1613421 1662983 1778995
Total current liabilities 10686214 10790990 11781574 12912520 14680685
Long-term debt 7015409 6449220 6042277 7337824 8546910
Deferred taxes liabilities 813221 810127 908883 1385927 1811846
Accrued liabilities 678677 668022 708402
Minority interest 570720 587653 516217 624821 749839
Other long-term liabilities 225323 179783 143351 308078 411427
Total non-current liabilities 9303350 8694805 8319130 10422762 12287640
Total liabilities 19989564 19485795 20100704 23335282 26968325
Common stock 397050
Additional paid-in capital 898381 902810 550650 948090 948358
Retained earnings 11568602 11835665 11917074 12689206 14116295
Treasury stock -1260425 -1261383 -1135680 -1133138 -1123666
Accumulated other comprehensive -846835 -1144721 -1178833 -356123 528161 Total stockholders' equity 10359723 10332371 10550261 12148035 14469148 Total liabilities and stockholders'
equity 30349287 29818166 30650965 35483317 41437473
TOYOTA MOTOR CORP ADR (TM) CashFlowFlag INCOME STATEMENT
Fiscal year ends in March. JPY in millions
except per share data. 2010-03 2011-03 2012-03 2013-03 2014-03
Revenue 18950973 18993688 18583653 22064192 25691911
Cost of revenue 16683797 16615326 16388564 18640995 20801139
Gross profit 2267176 2378362 2195089 3423197 4890772
Operating expenses
Sales, General and administrative 2119660 1910083 1839462 2102309 2598660
Total operating expenses 2119660 1910083 1839462 2102309 2598660
Operating income 147516 468279 355627 1320888 2292112
Interest Expense 33409 29318 22922 22967 19630
Other income (expense) 177361 124329 100168 105728 168598
Income before taxes 291468 563290 432873 1403649 2441080
Provision for income taxes -92664 -312821 -262272 551686 767808
Other income -139920 -410626 -326843 231519 318376
Net income from continuing operations 244212 465485 368302 1083482 1991648
Other -34756 -57302 -84743 -121319 -168529
Net income 209456 408183 283559 962163 1823119
Net income available to common shareholders 209456 408183 283559 962163 1823119 Earnings per share
Basic 133.58 260.34 180.42 607.64 1150.6
Diluted 133.58 260.32 180.4 607.56 1149.84
Weighted average shares outstanding
Basic 1568 1568 1572 1583 1584
Diluted 1568 1568 1572 1584 1585
EBITDA 1739446 1768181 1523625 2531725 3711563
TOYOTA MOTOR CORP ADR (TM) Statement of CASH FLOW Fiscal year ends in March. JPY in millions
except per share data. 2010-03 2011-03 2012-03 2013-03 2014-03 Cash Flows From Operating Activities
Net income 244212 465485 368302 1083482 1991648
Depreciation & amortization 1414569 1175573 1067830 1105109 1250853
Deferred income taxes 25537 85710 6395 160008 -56279
Accounts receivable 421423 -585464 -168260 -121926
Inventory 56059 51808 -344923 50483 -110819
Accounts payable 649214 -406210 756363 -209284 65312
Accrued liabilities 102207 -40629
Income taxes payable 20943 22127 438527
Other working capital -39312 461010 246997 597907 401869
Other non-cash items 106044 -190161 -84008 -190256 -213150
Net cash provided by operating activities 2558530 2024009 1452435 2451316 3646035 Cash Flows From Investing Activities
Investments in property, plant, and equipment -1437601 -1691191
-1532082 -1974152 -2678691 Property, plant, and equipment reductions 517565 538037 467946 572632 783530
Purchases of investments -2413202 -4422106
-3173781 -3412423 -4738278 Sales/Maturities of investments 1108741 3716156 2856825 2669091 3319327
Other investing activities -625687 -257240 -61566 -882460 -1022136
Net cash used for investing activities -2850184 -2116344
-1442658 -3027312 -4336248 Cash Flows From Financing Activities
Debt issued 3178310 2931436 2394807 3392484 4358286
Debt repayment -2938202 -2489632
-2867572 -2682136 -2988923
Common stock repurchased -10251 -28617 -37448 -43098
Dividend paid -172476 -141120 -156785 -190008 -459095
Other financing activities -335363 162260 311651 9212
Net cash provided by (used for) financing
activities -277982 434327 -355347 477242 919480
Effect of exchange rate changes -8898 -127029 -55939 137851 93606
Net change in cash -578534 214963 -401509 39097 322873
Cash at beginning of period 2444280 1865746 2080709 1679200 1718297
Cash at end of period 1865746 2080709 1679200 1718297 2041170
Free Cash Flow
Operating cash flow 2558530 2024009 1452435 2451316 3646035
Capital expenditure -1437601 -1691191
-1532082 -1974152 -2678691
Free cash flow 1120929 332818 -79647 477164 967344
FINANCIAL RATIOS Ratio
analysis:-Ratio Analysis is a form of Financial Statement Analysis that is used to obtain a quick indication of a firm's financial performance in several key areas. The ratios are categorized as Short-term Solvency Ratios, Debt Management Ratios, Asset Management Ratios, Profitability Ratios, and Market Value Ratios.
Ratio Analysis as a tool possesses several important features. The data, which are provided by financial statements, are readily available. The computation of ratios facilitates the comparison of firms which differ in size. Ratios can be used to compare a firm's financial performance with industry averages. In addition, ratios can be used in a form of trend analysis to identify areas where performance has improved or deteriorated over time.
Because Ratio Analysis is based upon Accounting information, its effectiveness is limited by the distortions which arise in financial statements due to such things as Historical Cost Accounting and inflation. Therefore, Ratio Analysis should only be used as a first step in financial analysis, to obtain a quick indication of a firm's performance and to identify areas which need to be investigated further
Classification of financial ratios on the basis of function:
On the basis of function or test, the ratios are classified as liquidity ratios, profitability ratios, activity ratios and solvency ratios
Liquidity Ratios:
Liquidity ratios measure the adequacy of current and liquid assets and help evaluate the ability of the business to pay its short-term debts. The ability of a business to pay its short-term debts is frequently referred to as short-term solvency position or liquidity position of the business.
a) Profitability ratios:
Profitability ratios measure the efficiency of management in the employment of business resources to earn profits. These ratios indicate the success or failure of a business enterprise for a
b) Activity ratios:
Activity ratios (also known as turnover ratios) measure the efficiency of a firm or company in generating revenues by converting its production into cash or sales. Generally a fast conversion increases revenues and profits.
c) Solvency ratios:
Solvency ratios (also known as long-term solvency ratios) measure the ability of a business to survive for a long period of time. These ratios are very important for stockholders and creditors.
OBJECTIVES:-The importance of ratio analysis lies in the fact that it presents data on a comparative basis and enables the drawing of inferences regarding the performance of the firm. Ratio analysis helps in concluding the following aspects:
a) Liquidity Position:
Ratio analysis helps in determining the liquidity position of the firm. A firm can be said to have the ability to meet its current obligations when they become due. It is measured with the help of liquidity ratios.
b) Long- Term Solvency:
Ratio analysis helps in assessing the long term financial viability of a firm. Long- term solvency measured by leverage/capital structure and profitability ratios.
c) Operating Efficiency:
Ratio analysis determines the degree of efficiency of management and utilization of assets. It is measured by the activity ratios.
d) Over-All Profitability:
The management of the firm is concerned about the overall profitability of the firm which ensures a reasonable return to its owners and optimum utilization of its assets. This is possible if an integrated view is taken and all the ratios are considered together.
GROSS PROFIT
RATIO:-Gross profit ratio is a profitability ratio that shows relationship between gross profit and total net sales revenue. It is a popular tool to evaluate the operational performance of the business. When gross profit ratio is expressed in percentage form, it is known as gross profit margin or gross profit percentage.
The basic components of the formula of gross profit ratio are gross profit and sales
FORMULA:-
RATIOS:-YEAR 2010 2011 2012 2013 2014
SALES 1,89,50,973 1,89,93,688 1,85,83,653 2,20,64,192 2,56,91,911 GROSS
PROFIT
22,67,176
23,78,362 21,95,089 34,23,197 48,90,772
G.P RATIO(%) 11.96 12.52 11.81 15.51 19.03
INTERPRETATION:-There is a fluctuation in the gross profit ratio. The percentage of gross profit over sales is gradually decreasing till 2012 and after which it is increased to 15.51 and 19.03 in 2013 and 2014. Thus it show an increasing trend from 2013 onwards. It is also apparent that the GP ratio is increasing about 4%
from 2012-2013(11.81%-15.51%) and 2013-2014(15.51-19.03%), Hence it can be stimulated that between 2014 and 2015 there may be an increase in GP ratio of at least 4%.
2010 2011 2012 2013 2014
RATIO:-Net profit ratio is a popular profitability ratio that shows relationship between net profit after tax and net sales. It is computed by dividing the net profit (after tax) by net sales. The relationship between net profit and net sales may also be expressed in percentage form. When it is shown in percentage form, it is known as net profit margin.
FORMULA:-
RATIOS:-YEAR 2010 2011 2012 2013 2014
SALES 1,89,50,973 1,89,93,688 1,85,83,653 2,20,64,192 2,56,91,911 NET PROFIT 17,39,446 17,68,181 15,23,625 25,31,725 37,11,563