Question 1

See Appendix 1 Glencore Plc 2021 Financial Accounts

a. Calculate the following ratios for 2020 and 2021

: Net Profit Margin

Gross Profit Margin

Debtor (Receivable) Days

Creditor (Payable) Days

Debt Equity Ratio

Return on Capital Employed

b. Based on the ratios calculated above comment on the financial performance of Glencore over two years.

Consolidated statement of financial position As at 31 December 2021 1 In the currentyear, post-retirement and other empioyee benefits have been disaggregated from provisions. The prioryear balances have been restated to conform with current year presentation The accompanying notes are an integral part of the consolidated financial statements. Consolidated statement of income For the year ended 31 December 2021 The accompanying notes are an integral part of the consolidated financial statements. Consolidated statement of financial position As at 31 December 2021 1 In the currentyear, post-retirement and other empioyee benefits have been disaggregated from provisions. The prioryear balances have been restated to conform with current year presentation The accompanying notes are an integral part of the consolidated financial statements. Consolidated statement of income For the year ended 31 December 2021 The accompanying notes are an integral part of the consolidated financial statements