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The document is a balance sheet for Vision Operations (USA) dated February 10, 2004, detailing financial data across several months in 2001 and 2002. It outlines assets, liabilities, and owner's equity, showing fluctuations in cash, accounts receivable, and liabilities over the specified periods. The total assets and liabilities reflect significant variations, indicating financial challenges and changes in the company's financial position.

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emmanuelkbr100
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19 views

balsheetwide

The document is a balance sheet for Vision Operations (USA) dated February 10, 2004, detailing financial data across several months in 2001 and 2002. It outlines assets, liabilities, and owner's equity, showing fluctuations in cash, accounts receivable, and liabilities over the specified periods. The total assets and liabilities reflect significant variations, indicating financial challenges and changes in the company's financial position.

Uploaded by

emmanuelkbr100
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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XML Publisher Balance Sheet Date:10-FEB-2004 23:04:26

Page:1
Vision Operations (USA)
Feb-02

currency USD

PTD-Actual PTD-Actual PTD-Actual PTD-Actual


Apr-01 May-01 Jun-01 Jul-01
ASSETS
Current Assets
Cash and Short Term Investments 15,862,304 51,998,607 <16,583,858> 9,198,226
Accounts Receivable - Net of Allowance 2,560,786 <12,062,845> <6,927,690> 9,480,691
Other Current Assets 9,520 269,064 330,257 6,594
Inventory 448,547 0 0 0
_______________ _______________ _______________ _______________
Total Current Assets 18,881,158 40,204,827 <23,181,292> 18,685,511
PROPERTY, PLANT, EQUIPMENT
Cost of Property, Plant & Equipment 178,889 178,843 <538,870> 718,136
Less Accum. Depr & Amortization <428,024> <428,024> <427,357> <427,357>
_______________ _______________ _______________ _______________
Net Book Value of Assets <249,135> <249,180> <966,227> 290,779
OTHER ASSETS
Other Assets <45,000> 0 0 0
_______________ _______________ _______________ _______________
TOTAL ASSETS 18,587,023 39,955,646 <24,147,519> 18,976,290
=============== =============== =============== ===============
LIABILITIES
Current Liabilities
Liabilities - Due in One Year 10,075,101 19,363,897 <38,409,981> 3,194,933
Current Year Income Taxes Payable 0 0 0 0
Accrued Payroll and Taxes 1,492,430 650,074 317,450 662,579
Other Current Liabilities 0 0 0 0
_______________ _______________ _______________ _______________
Total Current Liabilities 11,567,531 20,013,972 <38,092,531> 3,857,512
Long-Term Liabilities
Long Term Portion of Bank Loan 0 0 0 0
Other Liabilities - Long Term 2,079,190 15,082,013 17,079,360 80,345
_______________ _______________ _______________ _______________
Total Long Term Liabilities 2,079,190 15,082,013 17,079,360 80,345
_______________ _______________ _______________ _______________
TOTAL LIABILITIES 13,646,722 35,095,985 <21,013,171> 3,937,857
OWNER'S EQUITY
XML Publisher Balance Sheet Date:10-FEB-2004 23:04:26
Page:2
Vision Operations (USA)
Feb-02

currency USD

PTD-Actual PTD-Actual PTD-Actual PTD-Actual


Aug-01 Sep-01 Oct-01 Nov-01
ASSETS
Current Assets
Cash and Short Term Investments <406,507> 23,129,633 3,229,427 8,033,408
Accounts Receivable - Net of Allowance <4,328,999> <5,147,483> 5,897,289 12,426,211
Other Current Assets 7,559 9,695 14,581 <60,389>
Inventory 175,908 0 0 0
_______________ _______________ _______________ _______________
Total Current Assets <4,552,039> 17,991,845 9,141,296 20,399,230
PROPERTY, PLANT, EQUIPMENT
Cost of Property, Plant & Equipment <759,239> <169,952> 395,590 783,094
Less Accum. Depr & Amortization <420,274> <420,274> <420,274> <420,274>
_______________ _______________ _______________ _______________
Net Book Value of Assets <1,179,513> <590,226> <24,684> 362,820
OTHER ASSETS
Other Assets 0 0 0 <300,000>
_______________ _______________ _______________ _______________
TOTAL ASSETS <5,731,552> 17,401,620 9,116,612 20,462,050
=============== =============== =============== ===============
LIABILITIES
Current Liabilities
Liabilities - Due in One Year 723,409 19,049,941 3,577,024 10,117,005
Current Year Income Taxes Payable 0 0 0 0
Accrued Payroll and Taxes 527,766 403,418 546,584 499,504
Other Current Liabilities 0 0 0 0
_______________ _______________ _______________ _______________
Total Current Liabilities 1,251,175 19,453,360 4,123,608 10,616,510
Long-Term Liabilities
Long Term Portion of Bank Loan 0 0 0 0
Other Liabilities - Long Term 82,650 79,984 85,137 69,815
_______________ _______________ _______________ _______________
Total Long Term Liabilities 82,650 79,984 85,137 69,815
_______________ _______________ _______________ _______________
TOTAL LIABILITIES 1,333,825 19,533,344 4,208,745 10,686,325
OWNER'S EQUITY
XML Publisher Balance Sheet Date:10-FEB-2004 23:04:26
Page:3
Vision Operations (USA)
Feb-02

currency USD

PTD-Actual PTD-Actual PTD-Actual PTD-Actual


Dec-01 Adj-01 Jan-02 Feb-02
ASSETS
Current Assets
Cash and Short Term Investments <24,388,034> <1,052,744> <19,713,880> 1,591,405
Accounts Receivable - Net of Allowance 9,356,602 <1,715,442> 17,996,898 17,663,194
Other Current Assets 21,036 0 59,662 0
Inventory <1,084,902> 0 <44,966,758> <6,664,454>
_______________ _______________ _______________ _______________
Total Current Assets <16,095,298> <2,768,186> <46,624,078> 12,590,144
PROPERTY, PLANT, EQUIPMENT
Cost of Property, Plant & Equipment 166,773 <208,830> 804,355 164,313
Less Accum. Depr & Amortization <420,274> 0 <419,512> <419,512>
_______________ _______________ _______________ _______________
Net Book Value of Assets <253,501> <208,830> 384,843 <255,200>
OTHER ASSETS
Other Assets 165,505 0 0 0
_______________ _______________ _______________ _______________
TOTAL ASSETS <16,183,293> <2,977,016> <46,239,235> 12,334,945
=============== =============== =============== ===============
LIABILITIES
Current Liabilities
Liabilities - Due in One Year <27,881,133> <217,869> 1,292,727 7,124,174
Current Year Income Taxes Payable 0 0 0 0
Accrued Payroll and Taxes 576,355 <44,402> 839,377 917,866
Other Current Liabilities 0 0 0 0
_______________ _______________ _______________ _______________
Total Current Liabilities <27,304,778> <262,271> 2,132,104 8,042,040
Long-Term Liabilities
Long Term Portion of Bank Loan 0 0 0 0
Other Liabilities - Long Term 86,380 0 <45,123,714> 0
_______________ _______________ _______________ _______________
Total Long Term Liabilities 86,380 0 <45,123,714> 0
_______________ _______________ _______________ _______________
TOTAL LIABILITIES <27,218,398> <262,271> <42,991,610> 8,042,040
OWNER'S EQUITY
XML Publisher Balance Sheet Date:10-FEB-2004 23:04:26
Page:4
Vision Operations (USA)
Feb-02

currency USD

ASSETS
Current Assets
Cash and Short Term Investments 50,897,984
Accounts Receivable - Net of Allowance 45,199,214
Other Current Assets 667,580
Inventory <52,091,660>
_______________
Total Current Assets 44,673,118
PROPERTY, PLANT, EQUIPMENT
Cost of Property, Plant & Equipment 1,713,101
Less Accum. Depr & Amortization <4,651,153>
_______________
Net Book Value of Assets <2,938,052>
OTHER ASSETS
Other Assets <179,495>
_______________
TOTAL ASSETS 41,555,571
===============
LIABILITIES
Current Liabilities
Liabilities - Due in One Year 8,009,230
Current Year Income Taxes Payable 0
Accrued Payroll and Taxes 7,389,003
Other Current Liabilities 0
_______________
Total Current Liabilities 15,398,233
Long-Term Liabilities
Long Term Portion of Bank Loan 0
Other Liabilities - Long Term <10,398,839>
_______________
Total Long Term Liabilities <10,398,839>
_______________
TOTAL LIABILITIES 4,999,394
OWNER'S EQUITY
XML Publisher Balance Sheet Date:10-FEB-2004 23:04:26
Page:5
Vision Operations (USA)
Feb-02

currency USD

PTD-Actual PTD-Actual PTD-Actual PTD-Actual


Apr-01 May-01 Jun-01 Jul-01
Capital and Retained Earnings 2,444,725 2,444,700 <7,334,032> 9,778,651
Net Income for Current Year 2,495,576 2,414,961 4,199,684 5,259,782
_______________ _______________ _______________ _______________
Total Owner's Equity 4,940,302 4,859,661 <3,134,348> 15,038,433
_______________ _______________ _______________ _______________
TOTAL LIABILITIES & OWNER'S EQUITY 18,587,023 39,955,646 <24,147,519> 18,976,290
=============== =============== =============== ===============
XML Publisher Balance Sheet Date:10-FEB-2004 23:04:26
Page:6
Vision Operations (USA)
Feb-02

currency USD

PTD-Actual PTD-Actual PTD-Actual PTD-Actual


Aug-01 Sep-01 Oct-01 Nov-01
Capital and Retained Earnings <12,091,545> <4,876,854> 2,678,603 7,963,795
Net Income for Current Year 5,026,168 2,745,129 2,229,264 1,811,930
_______________ _______________ _______________ _______________
Total Owner's Equity <7,065,377> <2,131,724> 4,907,867 9,775,725
_______________ _______________ _______________ _______________
TOTAL LIABILITIES & OWNER'S EQUITY <5,731,552> 17,401,620 9,116,612 20,462,050
=============== =============== =============== ===============
XML Publisher Balance Sheet Date:10-FEB-2004 23:04:26
Page:7
Vision Operations (USA)
Feb-02

currency USD

PTD-Actual PTD-Actual PTD-Actual PTD-Actual


Dec-01 Adj-01 Jan-02 Feb-02
Capital and Retained Earnings 142,833 <2,714,745> 4,834,179 <3,034,518>
Net Income for Current Year 10,892,271 0 <8,081,804> 7,327,423
_______________ _______________ _______________ _______________
Total Owner's Equity 11,035,105 <2,714,745> <3,247,625> 4,292,904
_______________ _______________ _______________ _______________
TOTAL LIABILITIES & OWNER'S EQUITY <16,183,293> <2,977,016> <46,239,235> 12,334,945
=============== =============== =============== ===============
XML Publisher Balance Sheet Date:10-FEB-2004 23:04:26
Page:8
Vision Operations (USA)
Feb-02

currency USD

Capital and Retained Earnings 235,792


Net Income for Current Year 36,320,385
_______________
Total Owner's Equity 36,556,177
_______________
TOTAL LIABILITIES & OWNER'S EQUITY 41,555,571
===============

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