Financial Performance And Position Of Next Plc

1441 Words6 Pages
This report provides information acquired through the analysation of NEXT Plc. Consolidated Income Statement and Balance Sheet with support of ratio analysis, regarding the profitability, liquidity and financial stability for the years 2014 to 2015 and gives explanation for the observed changes throughout these years. This report focuses on the financial performance and position of NEXT PLC. and also discusses the limitation of using financial statements and ratio analysis. Finally it explains how integrated reporting can be implemented to enhance performance analysis. – what type of company is next, is it cautious company, risk taking 1.1. Company Overview NEXT Plc. is a retailer based in the United Kingdom, and is one of the biggest clothing organisations that also offer footwear, accessories and home products. The company’s divisions consists of NEXT Retail which has over 500 stores in the UK, NEXT Directory a catalogue containing furniture and home products with over 4 million active customer in the UK and overseas and a website distributing to customers in approximately 70 countries. Include NEXT Sourcing and LIPSY 2. Analysis of financial performance 500/600 words 705 words • The overall Gross Profit Margin increased by 0.43% from 33.16% in 2014 to 33.59% in 2015. • The Operational Profit Margin increased by 0.97% from 19.33% in of 2014 20.30% in 2015. • The Return on Capital Employed increased by 3.14% from 55.05% in 2014 to 58.19% in 2015. • The Effective Tax

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