ABS-CBN CORP. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME currency in philippine pesos, in millions Horizontal Analysis % of change from 2007 2010 2009 2008 2007 Revenues 60.99% 27.79% 13.87%...




1. Describe the trend of revenues from 2007 to 2010. What observations can be drawn?
2. Describe the trend of direct costs from 2007 to 2010. What observations can be drawn?
3. Describe the trend of operating expenses from 2007 to 2010. What observations can be drawn?
4. Describe the trend of operating income from 2007 to 2010. What observations can be drawn?
5. Describe the trend of net income from 2007 to 2010. What observations can be drawn?


ABS-CBN CORP.<br>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME<br>currency in philippine pesos, in millions<br>Horizontal Analysis<br>% of change from 2007<br>2010<br>2009<br>2008<br>2007<br>Revenues<br>60.99%<br>27.79%<br>13.87%<br>0.00%<br>Cost of Sales<br>53.46%<br>35.43%<br>22.96%<br>0.00%<br>GROSS PROFIT (Gross Income/Net Revenues)<br>70.23%<br>18.42%<br>2.73%<br>0.00%<br>Selling General & Admin Expenses, Total<br>60.55%<br>22.08%<br>3.76%<br>0.00%<br>Depreciation & Amortization, Total<br>26.70%<br>20.69%<br>34.08%<br>0.00%<br>Other Operating Expenses<br>75.55%<br>13.80%<br>14.25%<br>0.00%<br>OTHER OPERATING EXPENSES, TOTAL<br>57.64%<br>21.63%<br>7.26%<br>0.00%<br>INCOME FROM OPERATIONS (Operating Income<br>98.53%<br>11.19%<br>-7.46%<br>0.00%<br>Interest Expense<br>-100.28%<br>-74.25%<br>-37.26%<br>0.00%<br>Interest and Investment Income<br>-4.65%<br>-16.62%<br>-19.48%<br>0.00%<br>Income (Loss) on Equity Investments<br>-99.17%<br>-119.17%<br>-57.50%<br>0.00%<br>Currency Exchange Gains (Loss)<br>Other Non-Operating Income (Expenses)<br>Gain (Loss) on Sale of Investments<br>Other Unusual Items<br>10.43%<br>-55.01%<br>-113.21%<br>0.00%<br>373.75%<br>481.20%<br>509.67%<br>0.00%<br>-5390100.00%<br>-100.00%<br>-100.00%<br>0.00%<br>-100.00%<br>-100.00%<br>63.20%<br>0.00%<br>INCOME BEFORE TAX<br>92.49%<br>8.25%<br>7.29%<br>0.00%<br>Income Tax Expense<br>12.29%<br>-30.65%<br>4.62%<br>0.00%<br>NET INCOME<br>154.74%<br>38.45%<br>9.36%<br>0.00%<br>

Extracted text: ABS-CBN CORP. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME currency in philippine pesos, in millions Horizontal Analysis % of change from 2007 2010 2009 2008 2007 Revenues 60.99% 27.79% 13.87% 0.00% Cost of Sales 53.46% 35.43% 22.96% 0.00% GROSS PROFIT (Gross Income/Net Revenues) 70.23% 18.42% 2.73% 0.00% Selling General & Admin Expenses, Total 60.55% 22.08% 3.76% 0.00% Depreciation & Amortization, Total 26.70% 20.69% 34.08% 0.00% Other Operating Expenses 75.55% 13.80% 14.25% 0.00% OTHER OPERATING EXPENSES, TOTAL 57.64% 21.63% 7.26% 0.00% INCOME FROM OPERATIONS (Operating Income 98.53% 11.19% -7.46% 0.00% Interest Expense -100.28% -74.25% -37.26% 0.00% Interest and Investment Income -4.65% -16.62% -19.48% 0.00% Income (Loss) on Equity Investments -99.17% -119.17% -57.50% 0.00% Currency Exchange Gains (Loss) Other Non-Operating Income (Expenses) Gain (Loss) on Sale of Investments Other Unusual Items 10.43% -55.01% -113.21% 0.00% 373.75% 481.20% 509.67% 0.00% -5390100.00% -100.00% -100.00% 0.00% -100.00% -100.00% 63.20% 0.00% INCOME BEFORE TAX 92.49% 8.25% 7.29% 0.00% Income Tax Expense 12.29% -30.65% 4.62% 0.00% NET INCOME 154.74% 38.45% 9.36% 0.00%
Jun 03, 2022
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