1.Evaluate the financial performance of the company( calculations and coments are compolsory)

2.Which information and ratious are more important for: a)Shareholders,b)Competitors,c)Management.

Income statement

Notes 2nd year 1st year

Net turnover 1 50 96 65 72 50 02 26 55

Cost of sales 2 (44 42 57 78) (44 14 04 03)

Gross profit or loss 6 54 07 94 5 88 22 52

Distribution costs 3 (2 22 65 13) (2 15 27 52)

Administrative expenses 4 (2 68 50 20) (1 96 57 65)

Other operating income 37 18 51 23 77 23

Interest receivable and similar income 89 29 40 38 51 26

Interest payable and similar expenses (1 18 18 17) (57 35 47)

Profit or loss before taxes 1 71 22 35 1 81 30 37

Corporate income tax (25 01 62) (27 19 55)

Other taxes 4 44 87 4 63 05

Profit or loss for the reporting year 1 41 75 86 1 49 47 77

Earnings per share 18,91 19,94