Sunbright Enterprises Plc (continued)

Capital and Reserves £000 £000 £000 £000 £000 Share Capital Ordinary share capital (£1 each) 250 250 250 300 300 Preference share capital (£1 each) 88 88 88 100 100 338 338 338 400 400 Reserves Capital reserves Share premium account Az 12 12 25 25 Other reserves Profit and loss account 128 200 257 295 304 Total shareholders’ funds 478 550 607 720 729 Share price £1.10 £1.08 £1.07 £1.05 £0.95 Required:

Analyse the last five years’ financial results for the company and calculate the appropriate ratios. Present your advice as a short report.

Note: Horizontal analysis, vertical analysis and a calculation of the cash flow ratio are not required.