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) Profit for the financial year Shareholder's equity 189,711 ? ? 179,587 18,987 63,057 +5.6% + ? % +32.9% Current assets as % of current liabilities Customer satisfaction Average number of employees ? % 4.5 649 304% 4.1 618 -82% +10% +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. 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 000 2015 000 Sale of goods 189,711 179,587 Turnover from continuing operations 189,711 179,587 4. Cost of Sales 2016 000 2015 000 Material Cost Production Cost Labour Cost 42,597 15,231 50,758 38.845 12,845 47,285 Cost of Sales 108,586 98,975 5. Overheads 2016 000 2015 000 Administrative Expenses Other Operating costs Interest 13,751 22,374 1,943 20,251 34,293 7,081 Total Overheads 38,068 61,625