financial management 
MBA International - Managing Financial Performance (ACC 7011) Assignment 2014(1)
Q1
The Hibu Group Plc facilitates connections between consumers who want to find products and services locally and the merchants who provide them. They assist merchants compete in the digital world with a broad range of marketing and commerce solutions delivered online and through direct sales teams. They are a long established directories provider offering a range of print and distribution based marketing services supported with digital media products operating in the UK, USA, Spain, Argentina, Chile and Peru.
The company’s financial statements for the period 2008-2012 are presented below.
Required
Present a business report for the board of directors analysing the company’s performance during the period 2008-2012.
Hibu Group Plc Income Statement
as at 31st March
2012
£m
2011
£m
2010
£m
2009
£m
2008
£m
Revenue
1609.9
1877.6
2122.7
2397.9
2218.7
Cost of sales
(921.1)
(838.0)
(955.3)
(1050.2)
(956.8)
Gross profit
688.8
1039.6
1167.4
1347.7
1261.9
Distribution costs
(61.8)
(69.2)
(84.7)
(91.3)
(85.3)
Administrative expenses
(2144.5)
(640.5)
(673.4)
(720.3)
(601.1)
Impairment goodwill
(1272.3)
Operating (loss) profit
(1517.5)
329.9
409.3
(736.2)
575.5
Finance costs
(159.5)
(265.5)
(340.8)
(299.4)
(266.7)
Finance income
259.9
1.9
1.8
2.7
3.5
Loss on sale of subsidiary
(1.4)
Profit/Loss before taxation
(1417.1)
66.3
70.3
(1032.9)
310.9
Taxation
(228.2)
(19.6)
(23.5)
(108.5)
(104.1)
Profit /Loss for the year
(1188.9)
46.7
46.8
(1141.4)
206.8
Stock Market Information
Year as at 31March
2012
2011
2010
2009
2008
Hibu Plc Share Price in pence
6p
12p
58p
65.6p
144p
FTSE 100
6387.6
5948.3
5672.3
3962.1
5702.1
Hibu Group Plc Comprehensive Statement of Position
as at 31st March
2012
£m
2011
£m
2010
£m
2009
£m
2008
£m
Non- Current Assets
Goodwill
1909.9
3123.9
3218.3
3329.2
3898.2
Intangibles
637.7
1157.0
1266.9
1423.5
Q1
The Hibu Group Plc facilitates connections between consumers who want to find products and services locally and the merchants who provide them. They assist merchants compete in the digital world with a broad range of marketing and commerce solutions delivered online and through direct sales teams. They are a long established directories provider offering a range of print and distribution based marketing services supported with digital media products operating in the UK, USA, Spain, Argentina, Chile and Peru.
The company’s financial statements for the period 2008-2012 are presented below.
Required
Present a business report for the board of directors analysing the company’s performance during the period 2008-2012.
Hibu Group Plc Income Statement
as at 31st March
2012
£m
2011
£m
2010
£m
2009
£m
2008
£m
Revenue
1609.9
1877.6
2122.7
2397.9
2218.7
Cost of sales
(921.1)
(838.0)
(955.3)
(1050.2)
(956.8)
Gross profit
688.8
1039.6
1167.4
1347.7
1261.9
Distribution costs
(61.8)
(69.2)
(84.7)
(91.3)
(85.3)
Administrative expenses
(2144.5)
(640.5)
(673.4)
(720.3)
(601.1)
Impairment goodwill
(1272.3)
Operating (loss) profit
(1517.5)
329.9
409.3
(736.2)
575.5
Finance costs
(159.5)
(265.5)
(340.8)
(299.4)
(266.7)
Finance income
259.9
1.9
1.8
2.7
3.5
Loss on sale of subsidiary
(1.4)
Profit/Loss before taxation
(1417.1)
66.3
70.3
(1032.9)
310.9
Taxation
(228.2)
(19.6)
(23.5)
(108.5)
(104.1)
Profit /Loss for the year
(1188.9)
46.7
46.8
(1141.4)
206.8
Stock Market Information
Year as at 31March
2012
2011
2010
2009
2008
Hibu Plc Share Price in pence
6p
12p
58p
65.6p
144p
FTSE 100
6387.6
5948.3
5672.3
3962.1
5702.1
Hibu Group Plc Comprehensive Statement of Position
as at 31st March
2012
£m
2011
£m
2010
£m
2009
£m
2008
£m
Non- Current Assets
Goodwill
1909.9
3123.9
3218.3
3329.2
3898.2
Intangibles
637.7
1157.0
1266.9
1423.5