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Business review Template The Net Profit for the year 2016, is £? (2015: £18,987,000). The Company's key financial and other performance indicators during the year were as follows: 2016 2015 Change £'000 £'000 Turnover (continuing operations) Profit for the financial year Shareholder's equity 189,711 179,587 18,987 +5.6% 2 + ? % 63,057 +32.9% Current assets as % of current liabilities 2 % 304% -82% Customer satisfaction 4.5 4.1 +10% Average number of employees 649 618 +5% Turnover from continuing operations increased by 5.6% during the year, primarily due to the acquisition of the Extinguishers business on 1 May 2015, which made a full years contribution in 2016. Gross Profit = £? Net Profit = £? Net Profit increased in 2016 by ? % during the year.

Business review Template The Net Profit for the year 2016, is £? (2015: £18,987,000). The Company's key financial and other performance indicators during the year were as follows: 2016 2015 Change £'000 £'000 Turnover (continuing operations) Profit for the financial year Shareholder's equity 189,711 179,587 18,987 +5.6% 2 + ? % 63,057 +32.9% Current assets as % of current liabilities 2 % 304% -82% Customer satisfaction 4.5 4.1 +10% Average number of employees 649 618 +5% Turnover from continuing operations increased by 5.6% during the year, primarily due to the acquisition of the Extinguishers business on 1 May 2015, which made a full years contribution in 2016. Gross Profit = £? Net Profit = £? Net Profit increased in 2016 by ? % during the year.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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16 2015 Change Notes to the financial statements 00 000.3 at 31 December 2016 11 179,587 +5.6% 18,987 + ? % 63,057 +32.9% 3. Turnover Turnover recognised in the income statement is anavsed as follows. 2 % 304 % -82% 2016 2015 4.5 4.1 +10% £00 £000 49 618 +5% Sale of goods 189,711 179,587 ar, primarily due to the a full years contribution in Turnover from continuing operations 189,711 179,587 4. Cost of Sales 2016 2015 £000 £000 Material Cost 42,597 38.845 y Current Liabilities) is ? Production Cost 15,231 12,845 es.) is ? Labour Cost 50,758 47,285 EACH OF THESE Cost of Sales 108,586 98,975 5. Overheads 2016 2015 £000 £000 Administrative Expenses 13,751 20,251 Other Operating Costs 22,374 34,293 Interest 1,943 7,081 Total Overheads 38,068 61,625
Transcribed Image Text:16 2015 Change Notes to the financial statements 00 000.3 at 31 December 2016 11 179,587 +5.6% 18,987 + ? % 63,057 +32.9% 3. Turnover Turnover recognised in the income statement is anavsed as follows. 2 % 304 % -82% 2016 2015 4.5 4.1 +10% £00 £000 49 618 +5% Sale of goods 189,711 179,587 ar, primarily due to the a full years contribution in Turnover from continuing operations 189,711 179,587 4. Cost of Sales 2016 2015 £000 £000 Material Cost 42,597 38.845 y Current Liabilities) is ? Production Cost 15,231 12,845 es.) is ? Labour Cost 50,758 47,285 EACH OF THESE Cost of Sales 108,586 98,975 5. Overheads 2016 2015 £000 £000 Administrative Expenses 13,751 20,251 Other Operating Costs 22,374 34,293 Interest 1,943 7,081 Total Overheads 38,068 61,625
L 2:1 1 | ' · 1. 2 | 3. | 4. |. 6. 7 9 10. 11 I 12 13 14: I 15 '| 17. | 18 Business review Template The Net Profit for the year 2016 , is £? (2015: £18,987,000). The Company's key financial and other performance indicators during the year were as follows: 2016 2015 Change 000.3 000.3 % Turnover (continuing operations) Profit for the financial year Shareholder's equity 189,711 179,587 +5.6% + ? % ? ? 18,987 63,057 +32.9% Current assets as % of current liabilities ? % 304% -82% Customer satisfaction 4.5 4.1 +10% Average number of employees 649 618 +5% Turnover from continuing operations increased by 5.6% during the year, primarily due to the acquisition of the Extinguishers business on 1 May 2015, which made a full years contribution in 2016. Gross Profit = £? Net Profit = £? Net Profit increased in 2016 by ? % during the year. D Focus re to search 17°C 4x G EN
Transcribed Image Text:L 2:1 1 | ' · 1. 2 | 3. | 4. |. 6. 7 9 10. 11 I 12 13 14: I 15 '| 17. | 18 Business review Template The Net Profit for the year 2016 , is £? (2015: £18,987,000). The Company's key financial and other performance indicators during the year were as follows: 2016 2015 Change 000.3 000.3 % Turnover (continuing operations) Profit for the financial year Shareholder's equity 189,711 179,587 +5.6% + ? % ? ? 18,987 63,057 +32.9% Current assets as % of current liabilities ? % 304% -82% Customer satisfaction 4.5 4.1 +10% Average number of employees 649 618 +5% Turnover from continuing operations increased by 5.6% during the year, primarily due to the acquisition of the Extinguishers business on 1 May 2015, which made a full years contribution in 2016. Gross Profit = £? Net Profit = £? Net Profit increased in 2016 by ? % during the year. D Focus re to search 17°C 4x G EN
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