Essay About Board Meeting And 302.3Direct Costs

Evaluation of Board Meeting
Evaluation of Board Meeting
(Period 0)This is where you review and print off your results for each Board Meeting in Phase 3, see feedback and keep track of the decisions you have made each Board Meeting.SHARE PRICEYour Share Price is currently:£4.94  (EUR 5.93)Share Price TrendYou can see your Share Price trend after each Board Meeting.StartPositionBoard MeetingOne(Period 1)Board MeetingTwo(Period 2)Board MeetingThree(Period 3)Board MeetingFour(Period 4)Board MeetingFive(Period 5)Board MeetingSix(Period 6)£2.28£2.53£3.08£2.92£3.14£3.60£4.94EUR 2.74EUR 3.03EUR 3.69EUR 3.50EUR 3.77EUR 4.32EUR 5.93 Note: £ / Euro exchange rate is fixed at £1 = Euro 1.2Financial PerformanceYour financial performance is shown in terms of an Income Statement:INCOME STATEMENT for Period 6StartPosition(Period 5)£mStartPosition(Period 5)€mBoardMeeting 6(Period 6)£mBoardMeeting 6(Period 6)€mRevenue242.2 290.6252.0 302.3Direct costs(11.5)(13.8)(12.0)(14.5)Gross profit230.6 276.8239.9 287.9        Operating costs:    Staff costs(152.2)(182.7)(152.4)(182.8)Establishment costs(21.9)(26.3)(22.4)(26.8)Other operating costs(17.2)(20.7)(17.4)(20.9)Total operating costs(191.4) (229.7)(192.1) (230.5)Profit before interest and taxation39.3 47.147.8 57.4       Finance income7.48.98.710.4Finance costs(10.0)(12.0)(10.0)(12.0)Total finance costs(2.6)(3.1)(1.3)(1.6)Profit before taxation36.7 44.046.5 55.8Taxation(11.7)(14.1)(14.9)(17.8)Profit for Period24.9 29.931.6 37.9Key Ratios: