Scribd Logo
Upload

Welcome to Scribd!

  • HO 8 - Model Answer

    Uploaded by

    Saud Hidayatullah
    7 views1 page
    Tugela Telecoms' statement of financial performance for the year ending 28 February 2014 shows that the company generated revenue of R7.2 billion and an operating profit of R856 million after accounting for direct operating costs, staff expenses, depreciation and other operating expenses. After deducting finance costs and adding interest income, the company's pre-tax profit was R800 million. Accounting for taxation, the company's net profit for the year was R576 million.

    Original Description:

    Original Title

    HO 8 - Model Answer

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Tugela Telecoms' statement of financial performance for the year ending 28 February 2014 shows that the company generated revenue of R7.2 billion and an operating profit of R856 million after accounting for direct operating costs, staff expenses, depreciation and other operating expenses. After deducting finance costs and adding interest income, the company's pre-tax profit was R800 million. Accounting for taxation, the company's net profit for the year was R576 million.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    7 views1 page

    HO 8 - Model Answer

    Uploaded by

    Saud Hidayatullah
    Tugela Telecoms' statement of financial performance for the year ending 28 February 2014 shows that the company generated revenue of R7.2 billion and an operating profit of R856 million after accounting for direct operating costs, staff expenses, depreciation and other operating expenses. After deducting finance costs and adding interest income, the company's pre-tax profit was R800 million. Accounting for taxation, the company's net profit for the year was R576 million.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    TUGELA

     TELECOMS  PTY  (LTD)


    STATEMENT  OF  FINANCIAL  PERFORMANCE
    as  at  28  February Company's Your
    Actual Budget Budget
    2014 2015 2015
    $'000 $'000 $'000
    Revenue              7  200  000

    Direct  operating  costs        (2  


      874  758)
    Staff  Expenses                (103  546)
    Other  operating  expenses        (3  
      178  167)
    Depreciation                    (87  489)
    Amortisation  of  intangible  assets                (100  000)

    Operating  Profit                    856  


      040                                      -­‐                                      -­‐

    Finance  Costs                    (66  202)


    Interest  income                          10  547

    Profit  before  tax                    800  


      385                                      -­‐                                      -­‐

    Taxation                (224  108)

    Net  profit                    576  


      277                                      -­‐                                      -­‐

    You might also like