Below you will find three extracts from a Financial Times article titled Profits fall 25% at UKs biggest listed companies published on 3 June 2013: Profit at the UKs largest quoted companies fell by one-quarter last year even though revenues rose slightly, as businesses suffered a severe margin squeeze from higher costs they could not fully pass on to customers. Companies failed to pass on rising costs of all kinds to their customers, both in terms of an increase in the purchase or production price of the items they sell and in broader operating costs. [] It suggests that companies are finding that the costs of running their businesses are rising more quickly than any increase in sales. Companies scope for offsetting poor sales growth with cost-cutting is muted, because they have taken many cost reduction measures earlier in the recession. Analyse the information presented in the extracts above and explain in detail what they are referring to by using a template income statement (exact figures are not required) and explaining the movements in revenue, costs and profit.