The first two lines of Unilever Group's 2013 consolidated income statement (using IFRS) report the following amounts (in millions of euros):

Required:
A. On the income statement, the first two lines in Unilever's income statement are turnover and operating profit. What does the term turnover mean? Which costs are typically reported between turnover and operating profit?
B. How useful is Unilever's income statement presentation considering that this information about expenses is disclosed in footnote 3 rather than being reported on the face of the income statement?

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Income Statement Continuing Operations 2013 2012 49,797 7,517 51,324 6,977 Turnover Operating profit Footnotes In footnote 3, the following is disclosed: Turnover Cost of sales Gross profit Selling and administration expenses Operating profit 49,797 29,245 20,552 13,035 7,517 51,324 30,703 20,621 13,644 6,977