Income statements for the year ended 30 June

2008 2009
000 000
Revenue 1,180 1,200
Cost of sales -680 -750
Gross profit 500 450 0.423729
Operating expenses -200 -208
Depreciation -66 -75
Operating profit 234 167 0.198305
Interest (–) -8
Profit before taxation 234 159
Taxation -80 -48
Profit for the year 154 111 0.130508
Dividend paidout 0.309524

Statements of financial position as at 30 June

2008 2009
ASSETS 000 000
Non-current assets
Property, plant and equipment 702 687
Current assets
Inventories 148 236 0.527638
Trade receivables 102 156 0.527638
Cash 3 4
253 396 1.271357
Total assets 955 1,083
EQUITY AND LIABILITIES
Equity
Ordinary share capital of £1 (fully paid) 500 500
etained earnings 256 295
756 795
Non-current liabilities
liabilities Borrowings – Bank loan (-) 50
Current liabilities
Trade payables 60 76
Other payables and accruals 18 16
Taxation 40 24
Short-term borrowings (all bank overdraft) 81 122
199 238
Total equity and liabilities 955 1,083
 return on capital employed
(2) operating profit margin
(3) gross profit margin
(4) current ratio
(5) acid test ratio
(6) settlement period for trade receivables
(7) settlement period for trade payables
(8) inventories turnover period.
 0.375

0.1391666667

0.0925
0.2100628931

0.6722689076

1.6638655462