Comparative Statement Examples
A comparative statement is prepared in order to compare the figures of financial statements for two or more years. It gives an idea about the financial health of the organization. Every company which wants to estimate its future progress must refer to its past performance. When financial statements of one firm for two or more years are compared then it is known as an inter-period comparison. Similarly, when financial statements of two or more firms are compared over a number of years then it is known as an inter-firm comparison.
Comparative Statement Examples
Comparative Statement: Example 1:
Following is the information available from the records of AEE Ltd
Absolute Change and Percentage Change in Revenue from Operations is:
Explanation: –
Absolute Change = Current year balance – Previous year balance
Absolute Change = 1200000 – 960000 = 240000
Percentage Change % = 240000/960000 X 100
= 25 %
Comparative Statement : Example 2
Following is the information available from the records of N Ltd
Absolute Change and Percentage Change in Expenses is:
Explanation: –
Absolute Change = Current year balance – Previous year balance
Absolute Change = 700000 – 500000 = 200000
Percentage Change % = 200000/500000 X 100
= 40 %
Comparative Statement: Example 3
Following is the information available from the records of ABC Ltd
Absolute Change and Percentage Change in Other income is:
Explanation: –
Absolute Change = Current year balance – Previous year balance
Absolute Change = 250000 – 200000 = 50000
Percentage Change % = 50000/200000 X 100
= 25 %
Comparative Statement : Example 4
Following is the information available from the records of One Ltd
Profit before tax is :
Explanation: –
Absolute change = Current year balance – Previous year balance
Revenue from Operations = 500000 – 400000 = 100000
Other Income = 120000 – 80000 = 40000
Expenses = 450000 – 250000 = 200000
Revenue from Operations = 100000/400000 X 100 = 25
Other Income = 40000/80000 X 100 = 50
Expenses = 200000/250000 X 100 = 80
Comparative Statement: Example 5
Following is the information available from the records of ANY LTD
The rate of Tax is 20 %
Profit after Tax is :
Explanation: –
Absolute Change = Current year balance – Previous year balance
Revenue from Operations = 3500000 – 2000000 = 1500000
Other Income = 240000 – 160000 = 80000
Expenses = 2400000 – 2000000 = 400000
Revenue from Operations = 1500000/2000000 X 100 = 75
Other Income = 80000/160000 X 100 = 50
Expenses = 400000/2000000 X 100 = 20
Comparative Statement : Example 6
Following is the information provided by A LTD
Purchase of Stock Percentage to Revenue from Operations is:
Explanation: –
Purchase of Stock
2006 = 900000/1500000 X 100
= 60
2007 = 1500000/3000000 X 100
= 50
Comparative Statement: Example 7
Following is the information provided by A LTD
Other Expenses Percentage to Revenue from Operations is:
Explanation : –
Other Expenses
2006 = 180000/1200000 X 100
= 15
2007 = 200000/2000000 X 100
= 10
Comparative Statement: Example 8
Following is the information provided by A LTD
Profit after Tax for the year 2006 is
Explanation: –
Comparative Statement: Example 9
Following is the information provided by A LTD
Absolute Change and Percentage Change in share capital is
Explanation: –
Absolute Change = Current year’s figure – Previous year’s figure
= 4500000 – 2500000
= 2000000
= 2000000/2500000 X 100
= 80 %
Comparative Statement : Example 10
Following is the Balance sheet of AA Ltd
Absolute Change and Percentage Change in Reserve and Surplus is:
Explanation: –
Absolute change = Current year’s figure – Previous year’s figure
= 1500000 – 1000000
= 500000
= 500000/1000000 X 100
= 50
Comparative Statement: Example 11
Following is the Balance sheet of B Ltd
Absolute Change and Percentage Change in Long-term Borrowings is:
Explanation: –
Absolute Change = Current year’s figure – Previous year’s figure
= 300000 – 300000
= 0
= 0/300000 X 100
= 0
Example 12
Following is the Balance sheet of A Ltd
Absolute Change and Percentage Change in Trade payable is:
Explanation: –
Absolute Change = Current year’s figure – Previous year’s figure
= 500000 – 400000
= 100000
= 100000/400000 X 100
= 25
Comparative Statement: Example 13
Following is the Balance sheet of A Ltd
Absolute Change and Percentage Change in Fixed Assets(Tangible) is:
Explanation: –
Absolute Change = Current year’s figure – Previous year’s figure
= 1800000 – 1500000
= 300000
= 300000/1500000 X 100
= 20
Comparative Statement: Example 14
Following is the Balance Sheet of AX Ltd
Share Capital Percentage of Balance Sheet total for 2005 will be:
Explanation: –
Share Capital Percentage of Balance Sheet Total 2005 =
= 700000/1400000 X 100
= 50
Example 15
Following is the Balance Sheet of A Ltd
Reserve and Surplus Percentage of Balance Sheet total for 2005 will be:
Explanation: –
Reserve and Surplus Percentage of Balance Sheet Total 2005 = 
= 8000/80000 X 100
= 10
Comparative Statement: Example 16
Following is the balance sheet of A Ltd
Fixed Assets(Tangible) Percentage of Balance Sheet Total for 2006 will be:
Explanation: –
Fixed Assets(Tangible) Percentage of Balance Sheet Total 2006 
= 180000/720000 X 100
= 25
Comparative Statement: Example 17
Following is the Balance sheet of AB Ltd
Absolute Change and Percentage Change in Inventories is:
Explanation: –
Absolute Change = Current year’s figure – Previous year’s figure
= 550000 – 400000
= 150000
= 150000/400000 X 100
= 37.5
Chapter 4 – Analysis of Financial Statements