FINANCIAL STATEMENT ANALYSIS OF
SAN MIGUEL – PUREFOODS, URC AND RFM
GROUP 2
ATENEO GRADUATE SCHOOL OF BUSINESS Arcangel, Abigail Coronado, Paula Marie Fernando, Franco Marquez-Lim, Michelle
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Contents
I. II. III. IV. V. VI. INDUSTRY ...................................................................................................................................... 3 COMPANY PROFILES ...................................................................................................................... 3 VERTICAL ANALYSIS AND FINDINGS............................................................................................... 5 HORIZONTAL ANALYSIS AND FINDINGS ....................................................................................... 17 RATIO ANALYSIS AND FINDINGS .................................................................................................. 27 CONCLUSIONS ON COMPARATIVE ANALYSIS............................................................................... 33
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I.
INDUSTRY
Food Processing Industry The food processing industry specializes in two areas -- food preparation and/ or food packaging. Many processing companies are able to do both: turning raw ingredients into ready-to-eat food and packaging them for shipment. Companies generate revenue from the sale of food and ingredients to a variety of customers, ranging from supermarket chains and local bodegas to restaurants and other sellers.
II.
COMPANY PROFILES
A. RFM Corporation
RFM Corporation is engaged in processing, manufacturing and selling flour; flour based products, milk and juice drinks, canned and processed meat, ice cream and bottled mineral water. The company has a wide range of products which are marketed and distributed under several brands – White King, Fiesta, Butterfresh, Sunkist, Selecta,
