Blackmore Financial Statement

Introduction:

Blackmore is one the Australia’s leading natural health brand based on latest science and research. It provides the world’s best natural health solutions in healthcare industry. To meet the standard or requirement of the people they convert their supreme inheritance and knowledge into advanced, innovative, best quality recognised healthcare solutions in the market. There good quality products, reliable and free naturopathic advisory service and many more reasons make them one of the most trusted names in the natural health industry in Australia.

A company’s earning capability and financial position can be projected, compared and evaluated by analysing the important financial statements which is balance sheet and income
Australian Market condition plus Blackmore’s investments in growth program for Australia and Asia helped them to make net profit up to $27.8 million in the market with increased sales of $261 million. Their success for the year includes many things such as:

Net profit after tax of $27.8 million
Increase in the sales growth up to 11%, $261 million
Growth in Asia was up to 20%, $53 million; Asia also stands for 20% of group sales and 6% of group profit.
There are now in the preparation of launching them into China and also wants to make other agreements to develop Bio-Ceuticals group of companies.
They came up with strong balance sheet and interest cover on their debts and also strong dividends. (A) Establishing
Their main focus was on education, they planned to provide improved opportunities for schools and students in various areas by offering mentors and support programs in school. Mentors coached students in special workshops held at their company to help gain practical knowledge. They also took part in various reading program for primary school students to help them develop their literacy, vocabulary and other learning skills. Mentors offered special programs like improving language skills and personality development for the students for their schooling and community. Their main aim was to come with such a program which provides the participants or students and other people with their coaching skills and development, job awareness, satisfaction and exposure to the community.

The company sponsor Bilgola Surf Life Saving Club. The club is located close to Blackmore’s campus on Sydney’s Northern Beaches. They promote beach safety for the community by providing trained lifesavers on the beach. The surf club and the company share a common interest, they encourage people to stay fit and healthy and also promote Australian beach culture. Along with club they carry various health awareness programs for local