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The predicted level for Cost of Sales in the first pass is [ 1. Use sales growth rate of 2%. 2019 1st pass A2 Milk

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The predicted level for Cost of Sales in the first pass is [ 1. Use sales growth rate of 2%. 2019 1st pass A2 Milk Company. Consolidated Income Statement for the year ended June 30, 2019 in thousands of NZ$ 1,304,336 1,330,423 (590,584)A 160 163 Sales Cost of sales Other revenue Distribution expenses Administration expenses Marketing expenses Other expenses EBIT Interest Income Finance costs Net finance income EBT (Pre-tax income) Taxes Net Income Dividend payout Addition to Retained Earnings (31,290) (31,916) (71,161) (72,584) (135,301) (138,007) (64.608) (65,900) 411,552 419,783 4,277 4,277 (118)B 4,159 4,159 415,711 423,942 (127,970) (127,183) 287,741 296,759 (29,676) 267,083 The predicted level of finance costs interest expense) in the first pass is [ ]. 2019 1st pass A2 Milk Company. Consolidated Income Statement for the year ended June 30, 2019 in thousands of NZ$ Sales Cost of sales Other revenue Distribution expenses Administration expenses Marketing expenses Other expenses EBIT Interest Income Finance costs Net finance income EBT (Pre-tax income) Taxes Net Income Dividend payout Addition to Retained Earnings 1,304,336 1,330,423 (590,584)A 160 163 (31,290) (31,916) (71,161) (72,584) (135,301) (138,007) (64,608) (65,900) 411,552 419,783 4,277 4,277 (118)B 4,159 4,159 415,711 423,942 (127,970) (127,183) 287,741 296,759 (29,676) 267,083

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