TELFORD ENGINEERING P/L account:

Menai $,000 P/L

(before MEXIT)
Sales 8,000
* Note: Exports to CETA based customers pre-MEXIT
= 40% and the volume of these fell by 30% post-
MEXIT
Costs Production costs
Materials ** -2,000
** Note: 50% of imports Pre-MEXIT
are from CETA based suppliers
Staff costs -1,500
Overheads -300
Distribution costs
Staff costs -600
Other costs -160
Gen Admin costs
Staff costs -900
Other costs -200
Accounting costs * -800
Finance costs -100

Net profit 1,440

Exchange rate: C$/M$ 1.40
 Menai $,000 Actual P/L
(one year after MEXIT under outsource option)
7,200

-2,160

-1,800
-300

-680
-160

-1,000
-200
-700
-100

100
1.12