BUSF_A01.qxd

Appendix: Jackson plc’s 2007 financial statements

sheet for Appendix: Jackson plc’s income statement and balance

for 2007

Jackson plc

Income statement for the year ended 31 December 2007

£ million £ million £ million

Revenue 701
Cost of sales (394)
Gross profit 307
Distribution costs
Salaries and wages (35)
Motor expenses (41)
Depreciation of motor vehicles (16)
Sundry distribution expenses (14) (106)
Administrative expenses
Salaries and wages (53)
Motor expenses (21)
Depreciation of motor vehicles (18)
Sundry administrative expenses (12) (104) 210
Operating profit 97
Interest payable (33)
Profit before taxation 64
Taxation (18)
Profit for the year 46

The cost of sales figure includes depreciation of £22m and raw materials inventories usage of £190m. During the
year raw materials inventories purchases totalled £187m.