1. Selien Cornelis English oral exam3AFD J. Sainsbury plc

2.  3 rd largest chain of supermarkets in the UK  3 divisions:  Sainsbury's Supermarkets Ltd  Sainsbury's Convenience Stores Ltd  Sainsbury's Bank  Head office in London  Employees 107,000  Financial year from 04/01/2013 – 03/31/2014

3. Balance sheet Assets (£m)20142013 Tangible Assets9,8809,804 Intangible Assets & Goodwill286171 Investments and other non current assets2,005806 Total non-current assets12,17110,781 Inventory1,005987 Trade & Receivables433306 Cash & Receivables1,592517 Other current assets and assets held for resale1,339104 Total Assets16,54012,695 Equity and Liabilities (£m) Short term liabilities6,7653,115 Long term liabilities3,7703,846 Total liabilities10,5356,961 Share capital545541 Minority Interests21 Retained earnings3,5604,060 Share premium account1,0911,075 Other equity80757 Total Equity6,0055,734

4. Income statement (profit and loss account) (£m)20142013 Turnover23,94923,303 Cost of sales22,56222,062 Gross profit1,3871,277 Operating profit1,009887 Pre-tax profit898788 Profit/Loss for the year716614

5. Financial ratios  Current ratio = 0.64  Equity ratio = 32,950.50 £  Cash flow = 1,491 million £  EPS (Earnings per Share) = 2.35 £  EBITDA margin = 5.45%

6. Financial ratios  Current ratio = 0.64  Equity ratio = 32,950.50 £  Cash flow = 1,491 million £  EPS (Earnings per Share) = 2.35 £  EBITDA margin = 5.45%

7. Financial ratios  Current ratio = 0.64  Equity ratio = 32,950.50 £  Cash flow = 1,491 million £  EPS (Earnings per Share) = 2.35 £  EBITDA margin = 5.45%

8. Financial ratios  Current ratio = 0.64  Equity ratio = 32,950.50 £  Cash flow = 1,491 million £  EPS (Earnings per Share) = 2.35 £  EBITDA margin = 5.45%

9. Financial ratios  Current ratio = 0.64  Equity ratio = 32,950.50 £  Cash flow = 1,491 million £  EPS (Earnings per Share) = 2.35 £  EBITDA margin = 5.45%

10. Conclusion   S&P 500 index Total Returns  2014 = good  2015 

11. Conclusion   S&P 500 index Total Returns  2014 = good  2015 

12. Conclusion   S&P 500 index Total Returns  2014 = good  2015 