Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Management and Economic Simulation Exercise 企业经营决策实战模拟 第一讲财务报告 Oct 2008

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. 内容 公司财务报告 Company Report – 损益表 Income Statement – 资产负债表 Balance Sheet – 现金流表 Cash Flow 行业财务报告 Industry Report –MPI 财务的重要性 财务报告讲解

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Finance Function Why does Finance exist in a company? –To ensure people have reliable information about the performance and financial position of the company, and managers have the right information to make decisions to improve the performance of the business. What Finance Does? –Manages the planning process and sets financial targets. –Provides regular analysis about the business’ performance against the targets. –Provides insights to managers to guide the business in meeting targets. –Provides information for shareholders on how we are using their money and supporting reinvestment. –Ensures all taxation and statutory requirements are met. –Leads and educates the business in meeting standards of compliance and integrity. –……

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Finance Dept. Structures

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Finance works through the operation flow

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Financial Report How To Read A Financial Report Wringing Vital Signs Out of the Numbers

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Basic Performance Measures Income Statement = “Book” 损益表 : Covers period from front to back “cover”. (Sales, costs, profits…) Tells shareholders what we did with the money they gave us Balance Sheet =“Snapshot” 资产负债表 : For the business at one point in time. (Assts. Liabilities, Equities…) Tells shareholders what their investment has turned into. Cash-flow = “Piggy Bank” 现金流量表 : Reflects the Cash In/Out. Binds together what we did and how well we did it.

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Previous Decisions Summary 上期决策结果 Production Summary 生产现状 Orders Summary 订单情况 成本 Next period 下一期 损益表 资产负 债表 现金流 量表 Company Report

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Operations Report _ 1 Decisions —— Previous Decision Summary 上期决策结果 Production Report —— Production Summary 生产现状

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Operations Report _ 2 Marketing Report —— Orders Summary 订单情况 Inventory Report

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Income Statements 损益表记录的是企业在一段时间内的财务业绩，反映企业在这段时期的赚钱能力，以及 这一时期中所创造的收入 - 所发生的所有费用 = 净收入 / 利润，不反映企业真实的现金状况

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Balance Sheet 资产负债表是一副静态图画，是报表编制那天公司财务构成的一张快照，资产负债是 关于一个公司财务构成的记录，表明公司拥有什么（资产），公司欠别人什么（负 债），公司所拥有的减去公司所欠的（即净资产，通常也被称为权益），为公司的股 东留下什么，反映的是最为基本的会计等式：资产 = 负债 + 净资产。不直接反映公司的 财务业绩如何，也不反映它是否在某一时期中赚得足够的利润以承担其还债责任，并 为公司股东增加了净资产。

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Cash Flow 现金流表揭示了企业在一定时期中所创造的现金数额，记录同一时期现金流 入量 - 现金流出量 = 现金净额。现金额可用于债务偿付、设备投资、营销研发 投入。

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. MESE Company Report 损益表损益表 Sales Made*Production Cost $18.35×525 ×5% ×$1 Loans*((Interes t Rate+1%)/4) 25 %

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. 资产负债表资产负债表 每期 Net Profit 的累计 Operational Cost: Production Cost+Marketing+R&D $18.35*525+$1400+$525 MESE Company Report

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. MESE Company Report 现金流 量表 同 Depreciation as been deducted in Income Statement, but it's not a real cash out. So plus back to reflect the real cash flow

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. Industry Report

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China. MPI MESE 评判标准：获得企业长期竞争力 MPI –50% retained earnings （留存利润） –10% supply potential 供应能力 _ Factory Size –10% demand potential 需求潜力 _ Marketing and R&D –10% productivity 生产效率 _ Capacity Utilization –10% market share 市场占有率 –10% potential growth 增长潜力 _ COGS

Copyright©2005. All rights reserved. This document, or parts thereof may not be reproduced in any form without permission from Junior Achievement China.