Turnover from continuing operations Entrepreneurship Development Practical Digital Marketing Practical Digital Marketing Objecti…

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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 £’000
2015 £’000
Change %
  Turnover (continuing operations)
  189,711
  179,587
  +5.6%
Profit for the financial year
?
     18,987
   + ? %
Shareholder’s equity
?
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.
Shareholders’ equity increased by 32.9% by £?.
The company’s “quick ratio” (Current Assets (excluding stock) divided by Current Liabilities) is ?
The company’s “current ratio” (Current Assets divided by Current Liabilities.) is ?
PLEASE SHOW YOUR WORKING OUT OF EACH OF THESE CALCULATIONS
Notes to the financial statements
at 31 December 2016
3. Turnover Turnover recognised in the income statement is analysed as follows.
 
 
2016
 
2015
 
£000
 
£000
  Sale of goods
  189,711
 
  179,587
 
 
 
 
Turnover from continuing operations
189,711
 
179,587
         
 
 
 
4. Cost of Sales  
 
 
2016
 
2015
 
£000
 
£000
  Material Cost
    42,597
 
    38.845
  Production Cost
    15,231
 
    12,845
  Labour Cost
    50,758
 
    47,285
 
 
 
 
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
   
 
 
 

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