top of page
  • 549576

Souza's Mobil Balance sheet



Balance sheets can be used with other important financial statements to conduct fundamental analysis or calculating financial ratios. Balance sheet refers to a financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time. Balance sheets provide the basis for computing rates of return for investors and evaluating a company's capital structure. In short, the balance sheet is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders.Balance sheets can be used with other important financial statements to conduct fundamental analysis or calculating financial ratios.

Souza Mobil Corporation


Assets


Current assets

Cash and cash equivalents 5,669

Notes and accounts receivable-net 27,880

Inventories

Crude oil, products and merchandise 14,617

Materials and supplies 4,144

Other current assets 1,665

Total current assets 53,975

Investments, advances and long-term receivables 40,427

Property, plant and equipment-net 249,153

Other assets, including intangibles-net 11,073

Total assets 354,628




Liabilities


Current liabilities

Notes and loans payable 19,413

Accounts payable and accrued liabilities 41,714

Income taxes payable 4,161

Total current liabilities 65,288

Long term debt 20,624

Postretirement benefits reserves 21,448

Deferred income tax liabilities. 27,084

Long-term obligations to equity companies 4,625

Other long-term obligations 18,728

Total liabilities 157,797


Commitments and contingencies



Equity


Common stock without pay value

(9,000 million shares authorized, 8,019 million shares issued ) 15,254

Earnings reinvested 419,155

Accumulated other comprehensive income (18,370)

Common stock held treasury

(3,785 million shares at September and

3,780 million shares at December ) (225,674)

Souza'smobil share equity 190,365

Noncontrolling interests 6,466

Total equity 196,831

Total liabilities and equity 354,628



A balance sheet should be analyzed by the assets, liabilities and shareholders equity



This means that assets, or the means used to operate the company, are balanced by a company's financial obligations, along with the equity investment brought into the company and its retained earnings.

Assets are what a company uses to operate its business, while its liabilities and equity are two sources that support these assets. Owners' equity, referred to as shareholder's equity, in a publicly traded company, is the amount of money initially invested into the company plus any retained earnings and it represents a source of funding for the business.

It gives you all the company's financial situation using these three methods mentioned above.

Balance sheet: assets, liabilities

Income statement: income, expenses

Cash Flow: Cash Inflows, cash outflows



7 views0 comments

Recent Posts

See All

Comments


bottom of page