Audit and economical analysis

Table110

Horizontal analysis of accounting balance

ACTIVITY AND PASSIVE	Value of balance items		Horizontal analysis
	Period beginning thousand UZS	End of period, thousandUZS	Absolute change, thousandUZS	Relative change,%
ACTIVE
1. Long-term assets	10 219 731 945	12 593 199 960	2 373 468 015	123.2
The starting value of the main tools	10 527 417 487	14,773,593,626	4 246 176 139	140.3
Depreciation of fixed assets	3 423 307 367	4 320 658 666	897351299	126.2
Residual value of property, plant and equipment	7 104 110 120	10 452 934 960	3348824840	147.1
Intangible assets' residual value	417 151	345 379	71 772	82.79
Capital investments	2,834,711,892	1 572 602 311	1262109581	55.4
Other long-term assets	280 492 782	567 317 310	286824528	2.02
2. Current assets	2,978,372,713	11 683 693 105	8 705 320 392	3.9
Production stocks	819 530 511	1 047 437 972	227 907 461	127.8
Future expense	1 366 091 169	8 441 062 224	7 074 971 055	6178
Funds	171 917 383	468 669 767	296 752 384	2.72
Other Current Assets	117 495 315	160 480 738	42 985   423	136.7
Total debtors	503 338 335	1 566 042 404	1 062 704 069	3,11
Including:
Calculations with customers and customers	163 855 350	268 038 094	104182744	1.64
Advance payments to the budget	7 740 384	5 252 951	-2487433	67.8
Total Assets	13 198 104 658	24 276 893 065	11 078 788 407	1.84
PASSIVE
1. Own source of funds	7 745 794 466	10 124 233 076	2 378 438 610	130.7
Charter capital	614 384 306	828 202 670	213 818 364	135.0
Reserve capital	5 737 851 427	8 121 422 920	2 383 571 493	141.6
Undistributed benefits	507 693 607	223 400 675	284 292 932	44.0
Other Resources	885 865 126	951 206 811	65 341 685	107.5
2. Obligations	5 452 310 192	14 152 659 989	8 705 320 392	2.59
Long term bank loans and borrowings	4,675,490 146	12 304 013 149	7 628 523 003	2,63
Other Liabilities	14 744 216	8 878 479	5 865 737	60.2
Total Liabilities, Total	762 075 830	1 839 768 361	1 077 692 531	2,41
Including:
Obligations to suppliers and contractors	219 818 890	514 650 184	294 831 294	2.35
Obligations to the budget	20 798 130	62 317 043	41 518 913	3.0
Total on balance sheet liabilities	13 198 104   658	24 276 893 065	11 078 788 407	1.84

Conclusion: Change of assets in the enterprise compared to the beginning of the year 11   078   788   407 thousand UZS. The relative change, ie the growth rate was 1.84 or 184 percent. The growth of long-term assets in current assets is in absolute terms 2,373,468   015 thousand UZS, growth rate - 123.3%. Current assets change compared to the beginning of the period 8 705 320   392 thousand UZS, increase of 3.9 times.

Funding sources of its own source of funds compared to the beginning of the period 2 378 438   The share of education increased by 610,000 UZS to 130.7%. The amount of liabilities at the beginning of the period is 8,705,320  increased by 392,000 soms, and the level of education was 2.59. The highest growth in equity was in debt capital. 

Vertical Analysis - It complements the elements of financial reporting as a filling method for horizontal analysis, to evaluate the composition of the items. These aspects can be applied to all forms of financial reporting. In the general context, the diagnosis of the enterprise's financial condition is based on the individuality of the individual and its changes.Understanding the financial well-being of the enterprise focuses on the correct correlation of unity lines in the overall composition.

Among long-term and current assets, capital and liabilities, the proportion of individual components can be calculated relative to the total balance sheet and the aggregate of the composition. This procedure allows evaluating the structural changes in assets and the effectiveness of the liquidity and solvency indices in the asset structure. That is, it is possible to take measures to improve the financial situation by implementing structural changes.

Vertical analysis assumes a uniformity in the horizontal analysis. That's why they are always shared and shared. It is impossible to ensure the completeness of the analysis by applying them one at a time.

The share of long-term and current assets in total assets is determined by the following links:

Table 111

Calculation of the balance sheets and their relative expression on their content

Relativeexpressionof balancematerials	Set to determine the order	Calculation on the balance sheet line
The share of long-term assets in total assets	UMA / BJ * 100	Line130 / Line400 * 100
The share of total assets in total assets	JA / BJ * 100	Line390 / Line400 * 100
The share of inventory in the structure of current assets	INVENTORY / JA * (JA / BJ * 100)	Line140 / Line390 * (Line390 / Line400 * 100)
The share of accounts receivable in the structure of current assets	DM / JA * (JA / BJ * 100)	Line210 / Line390 * (Line390 / Line400 * 100)
The share of funds in the structure of current assets	PM / JA * (JA / BJ * 100)	Line320 / Line390 * (Line390 / Line400 * 100)
The share of own sources in total resources	UMM / JM * 100	Line480 / Line780 * 100
The share of liabilities in total resources	M / JM * 100	Line770 / Line780 * 100
The share of long-term liabilities in the structure of liabilities	UMC / M * (M / JM * 100)	Line490 / Line780 * (Line770 / Line780 * 100)
The share of current liabilities in the structure of liabilities	JM / M * (M / JM * 100)	Line600 / Line780 * (Line770 / Line780 * 100)

The study of the structural component of the balance sheets for consolidated rows also provides an accurate estimate of the impact of inflation on the impact of price changes on property value. For example; In the balance sheets, the source of its own resources does not represent a definitive situation in terms of revenue. If a relative expression of the balance is found in the balance sheet, it can be clearly understood in terms of the degree of autonomy, dependency, and financial security of the enterprise 

 Table 112

Vertical analysis of accounting or balance

ACTIVEAND PASSIVE	Value of balance items		Vertical Analysis
	Periodbeginning, thousand USD	Endof period, thousand USD	At the beginning of the period %	At the end of the period, %
ACTIVE
1. Long-termassets	10 219 731 945	12 593 199 960	77.4	51.8
The starting value of the main tools	10 527 417 487	14 773 593   626	79.7	60.8
Depreciation of fixed assets	3 423 307 367	4 320 658   666	25.9	17.8
Residual value of property, plant and equipment	7 104 110 120	10 452 934   960	53.8	43.0
Intangible assets' residual value	417 151	345   379	0.003	0.001
Capital investments	2,834,711,892	1 572 602 311	21.4	6.5
Other long-termassets	280 492 782	567 317 310	2.1	2.3