• NPAT* excluding sass & bide put option revaluation $129 million, down 5.1% • Strong cash flow supports final dividend of 8 cps, full year dividend 18 cps, fully franked “Continued execution of five-point plan” * Excludes sass & bide put option revaluation: FY2012 ($3.0 million gain) and FY2013 ($2.2 million expense) Image: TBC (TBC) Image: Orla Kiely DELIVERING OUR PLAN / 3 Full year highlights • Sales and gross profit growth in key categories • Myer Exclusive Brands now 20.0% of sales mix • sass & bide double-digit sales and profit growth • Increased recognition of our customer service journey • Ongoing investment: new stores, refurbishments, brands, online • MYER one strengthened with Platinum tier, app launched • Online sales, page views and average monthly visits doubled • Net debt down 11.2%, lending facilities refinanced Image: sass & bide OVERVIEW / 4 12 September 2013 2 MYER Full Year Results 2013 • • • • • Overview Financial update Delivering our five-point plan Investing for the future Outlook Image: Wayne by Wayne Cooper (Myer Exclusive Brand) Financial
The increase in the total liabilities was $ 15,427. This shows that the company increased its borrowing. For example, the accounts payable in the year 2008 were $4,185 while in 2009, they were $9,198. This shows that the hospital purchased more inventories on credit. The biggest portion of current liabilities in the year 2009 is long term debt’s current portion.
Cash flow Growth: 8%. Dividend Yield: 2.90%. Dividend Growth: 9% (Alden, 2011). Coca-Cola has additionally grown offering 14 brands to the company making a profit of $1 billion or more in annual sales, the company sold $25.5 billion unit case and had revenue of $35.119 billion in 2010 (Alden, 2011). Coca-Cola has grown its’ revenue rapidly over 5 years, this brought about an important highlight for the company in between 5 years, so the company earned about 8.5% in annual revenue growth.
22 LOWE’S 2010 AnnuAL REpORt Income tax provision Our effective income tax rate was 36.9% in 2009 versus 37.4% in 2008. The decrease in the effective tax rate was primarily due to favorable state tax settlements. LOWE’S BUSINESS OUTLOOK as of february 23, 2011, the date of our fourth quarter 2010 earnings release, we expected total sales in 2011 to increase approximately 5%, which includes the 53rd week. The 53rd week was expected to increase total sales by approximately 1.6%. We expected comparable store sales to increase 1% to 2% in 2011.
Horizontal Analysis *** (see accompanying Excel Spread Sheets) A1a. Strengths and Weaknesses of Horizontal Analysis (amounts in millions except per share values) The First Strength: The Home Depot, Inc. Net Sales show a significant increase in growth from $74,754M in 2013 compared to $78,812 in 2014. The company increased sales by $4,058 a 5.4% growth. This is a comparable growth to 6.19% for the prior fiscal year 2013. This increase in net sales is supported by a decline in cost of sales.
The net sales also increased from year 14 to year 17 ending at $7,115,112. This showed to be very profitable with trend percentages at 103.7%. A2) There are certain risks a banker might be concerned with. Over the years the advertising expenses have increased from $243,000 to $255,600. The increase in advertising can be helping with increase in net sales which has also increased from 46,520,500 in year 12 to $6,858,600 in year 14.
Net income was $2,849 million in 2008, which was an increase of 2.2% over 2007. Also, in 2008 Target posted receivables at $8,651 million, which was a 28.03% increase over 2007. The 28 percent jump in receivables can be an indicator of rising credit risk impending on the retailer. Target is aggressively offering the Target Visa card as well as the Target Check card. The increase in receivables could be due to an increase in accounts with higher credit limits.
During the same period, stockholders’ equity (“net worth”) has increased by 7.12% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near
Thatcher’s administration saw and annual percentage growth of 2.7% and a total percentage growth of 69% . Employment plunged from 1.66 million in 1980 to 3.16milllion in 1984 to 2.1million in 1990 and inflation was 6.2% from 1981-1991. Consumer Price Index in the USA went from 47.85% in 1980 to 71.99% in 1989 and in the UK 39.27% in 1980 to 67.67% in 1989. So it can be concluded that both the Reagan and Thatcher governments in terms of economic growth and stability were successful in achieving their objectives. But in terms of public manner the UK experienced much civil unrest under the Thatcher Government and is remembered extensively for this uneasy time.
In recent years, Australia’s population has increased significantly due to immigration. The growth rate of its population was 2.1% in 2010, which is higher than that of in China, US and Canada. It is predicted to reach 36 million in 2050. However, both positive and negative impacts come into being because of ‘Big Australia’. It impacts on environmental, social and economical issues in Australia.