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Performance reporting and performance appraisal

Example 1

Statement of profit or loss for year ended 31 December 20X2
(with comparatives).

20X2 20X1

$m $m
Continuing operations

Revenue X X
Cost of sales (X) (X)

–––– ––––
Gross profit/(loss) X/(X) X/(X)
Distribution costs (X) (X)

Administrative expenses (X) (X)

–––– ––––
Profit/(loss) from operations X/(X) X/(X)
Investment income X X

Finance cost (X) (X)
–––– ––––

Profit/(loss) before tax X/(X) X/(X)
Income tax expense (X) (X)

–––– ––––
Profit/(loss) for the period from continuing operations X/(X) X/(X)

Discontinued operations

Profit/(loss) from discontinued operations X/(X) X/(X)
–––– ––––

Profit/(loss) for the period X/(X) X/(X)
–––– ––––

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