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Analysis of Apple Inc.'s financial statements for the period from 2013 to 2014 using finstanon.com

This report analyzes the balance sheets and income statements of APPLE INC.. Trends for the major balance sheet and income statement items and ratio analysis are used to understand the financial position and financial effectiveness of the company. The report studied the 2013 - 2014 period. 1. The Common-Size Analysis of the Assets, Liabilities and Shareholders' Equity

Table 1. Assets Trend Analysis, in million USD Indicators | 2013 | 2014 | Absolute change, +/- | Percentage change, % | Cash, cash equivalents | 14259 | 13844 | -415 | -2.91 | Marketable securities (short-term investments) | 26287 | 11233 | -15054 | -57.27 | Receivables, net, current | 20641 | 27219 | 6578 | 31.87 | Inventory, net | 1764 | 2111 | 347 | 19.67 | Other assets, current | 10335 | 14124 | 3789 | 36.66 | CURRENT ASSETS (TOTAL) | 73286 | 68531 | -4755 | -6.49 | Property, plant and equipment, net | 16597 | 20624 | 4027 | 24.26 | Long-term investments, net | 106215 | 130162 | 23947 | 22.55 | Goodwill | 1577 | 4616 | 3039 | 192.71 | Intangible assets, net (excluding goodwill) | 4179 | 4142 | -37 | -0.89 | Other assets, noncurrent | 5146 | 3764 | -1382 | -26.86 | NONCURRENT ASSETS (TOTAL) | 133714 | 163308 | 29594 | 22.13 | ASSETS (TOTAL) | 207000 | 231839 | 24839 | 12 |

It can be noticed from Table 1 that there was a tendency to increase in the total value of the assets. The percentage change was equal 12% in 2014. The value of the assets totalled USD 231,839 million at the end of 2014. The overall increase of the assets reflects a growth in the noncurrent assets by 22.13%, while the value of the