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The following information is relevant to questions 4.6 to 4.10. Exmouth Fisheries plc has recently published its draft financial statements which show the following results.

The following information is relevant to questions 4.6 to 4.10. Exmouth Fisheries plc has recently published its draft financial statements which show the following results. Group Income Statement For the year ended 30 June 20X3 20X3 m 20X2 m Revenue 7,890 3,996 Cost of sales (6,501) (3,018) Gross Profit 1,299 978 Operating expenses (360) (212) Operating Profit 939 766 Finance costs (180) (216) Profit/loss before tax 759 550 Tax (559) (404) Profit for the year 200 146 Group Statement of

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