Use Associated Banc-Corp’s income statement to fill in the previous fiscal year’s figures. This can be found in the company’s 10-K.
In the template, you will specifically address the following:
- Previous fiscal year: Identify historical information for the previous fiscal year.
- Cite your references
Insert the appropriate values in each row using Associated Banc-Corp’s 10k.
| Previous Fiscal Year | |
| Sales | $ |
| Cost of goods sold | $ |
| Gross profit | $ |
| Selling expenses | $ |
| Administrative expenses | $ |
| Total operating expense | $ |
| Income from operations | $ |
| Other income | $ |
| Income before tax and interest | $ |
| Other expense (interest) | $ |
| Income before income tax | $ |
| Income tax expense | $ |
| Net income | $ |
References
To fill in the previous fiscal year’s figures from Associated Banc-Corp’s income statement, you’ll need to access the company’s 10-K filing, which can typically be found on the SEC’s EDGAR database or on the company’s investor relations website.
Here’s a general outline of how you can complete your template:
Steps to Retrieve the Information:
- Access the 10-K Filing:
- Visit the SEC EDGAR Database.
- Search for “Associated Banc-Corp.”
- Look for the latest 10-K filing.
- Locate the Income Statement:
- Within the 10-K, navigate to the financial statements section.
- Find the consolidated statements of income or earnings.
- Extract the Data:
- Copy the relevant figures for each category listed in your template.
Filling in the Template:
Here is how you would typically structure the values:
Previous Fiscal Year: 2023 (assuming this is the most recent)
Sales (Net Interest Income + Non-Interest Income): $
Cost of Goods Sold (Interest Expense + Non-Interest Expense): $
Gross Profit: $
Selling Expenses: $
Administrative Expenses: $
Total Operating Expenses (Sum of Selling and Administrative Expenses): $
Income from Operations (Gross Profit - Total Operating Expenses): $
Other Income: $
Income Before Tax and Interest: $
Other Expense (Interest): $
Income Before Income Tax: $
Income Tax Expense: $
Net Income: $
Example (Fictitious Data for Demonstration):
Previous Fiscal Year: 2023
Sales (Net Interest Income + Non-Interest Income): $1,200,000
Cost of Goods Sold (Interest Expense + Non-Interest Expense): $800,000
Gross Profit: $400,000
Selling Expenses: $150,000
Administrative Expenses: $100,000
Total Operating Expense (Selling + Admin): $250,000
Income from Operations (Gross Profit - Total Operating Expense): $150,000
Other Income: $10,000
Income Before Tax and Interest: $160,000
Other Expense (Interest): $20,000
Income Before Income Tax: $140,000
Income Tax Expense: $30,000
Net Income: $110,000
References:
Once you extract the actual figures, you should cite the source as follows:
- Associated Banc-Corp. (2024). Form 10-K Annual Report for the Fiscal Year Ended December 31, 2023. Retrieved from SEC EDGAR.
Ensure that you replace the example values above with the actual figures from the 10-K.