Financial Reporting and Decision Making

Running head: FINANCIAL REPORTING AND DECISION MAKING
Financial Reporting and Decision Making
Name of the Student:
Name of the University:
Authors Note:

1FINANCIAL REPORTING AND DECISION MAKING
Contents
Financial performance evaluation:..................................................................................................2
Observation:.....................................................................................................................................5
References:......................................................................................................................................6

2FINANCIAL REPORTING AND DECISION MAKING
Financial performance evaluation:
In order to evaluate the financial performance of Woolworths Group Limited it is
important to conduct a detailed analysis of income statement of the company. Further to assess
whether the company’s financial performance has improved or not over the last few years a
comparative analysis of different items of income statement of the company shall be conducted
(Ives, 2015).
The income statement of Woolworths Group is provided below:
INCOME STATEMENT OF WOOLWORTHS GROUP LTD
AUD in millions 2014-06 2015-06 2016-06 2017-06 2018-06
Gross revenue 60,952.
00
60,868.
00
58,276.
00
55,669.
00
56,726.
00
Less: Direct revenue cost 44,475.
00
44,345.
00
42,677.
00
39,740.
00
40,256.
00
Gross profit 16,478.
00
16,524.
00
15,599.
00
15,929.
00
16,470.
00
Expenditures
General administrative and sale
expenses
11,962.
00
5,511.
00
12,964.
00
13,134.
00
13,804.
00
Operating expenses (Others) 11,172. 18,567. 12,033. 11,686. 11,957.