COVENTRY UNIVERSITY SCHOOL OF ENGINEERING Postgraduate Engineering Programs Financial Statement Analysis Report on Somerfield plc's performance and financial position MODULE LEADER: Mr. GRAHAM SARA STUDENT'S NAME: AMIN SAADAIE Session date: 2004/05 TABLE OF CONTENTS I- INTRODUCTION<Tab/>3 II- PERFORMANCE<Tab/>4 RETURN ON CAPITAL EMPLOYED (ROCE)<Tab/>4 RETURN ON SALES (ROS) AND ASSET TURNOVER<Tab/>5 GROSS PROFIT MARGIN (GPM)<…showed first 75 words of 2206 total…

…showed last 75 words of 2206 total…offsets the affect of loan in cash flow. All above facts plus other minor facts show that the company has spent more money than it has earned, hence, the company's cash flow is negative in fiscal year 2004. V- References Atrill P et al.; 2004; "Accounting and Finance for Non-Specialists"; 4th edition; pp122-126. Sara G; 2005; "Lectures Note"; Business School; Coventry University. http://www.j-sainsbury.co.uk, 2005. http://www.somerfield.plc.uk, 2005. http://www.tesco.com/corporateinfo, 2005.