Credit Evaluation School - October 2023

Internal Use Only

FINANCIAL EXHIBITS Note Abbreviations: (CHECK INSIDE OF REPORT COVER OR BACK PAGE) BALANCE SHEET AR - Accounts Receivable AP - Accounts Payable CA - Current Assets

CPLTD - Current Portion of Long-Term Debt

FA - Fixed Assets

CL - Current Liabilities LTD - Long-term debt TL - Total Liabilities UP/RE- Undivided Profits NW - Net Worth

NR - Notes Receivable CSVLI-Cash surrender value life insurance

INCOME STATEMENT

GP - Gross Profit NP – Net Profit

COGS - Cost of Goods Sold

NI - Net Income

NIAT - Net Income After Taxes

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Internal Use Only

CLASSIFICATION Point out all the reasons for classification • Marginal or Insufficient collateral • Poor or weak financial condition • Lack of a repayment plan • Past due status • Others?

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