Please Analyze the Balance Sheet, in the analysis, you should analyze in which year the company was in good position and what was the result and also propose the alternative strategies that the company takes to increase it is effeiency.
2016£000's 2015£000's
Revenue 20,658 16,137
Cost of sales (11,997) (10,101)
Gross profit 8,661 6,036
Administrative expenses (4,901) (3,031)
Operating profit before exceptional expenses 3,760 3,005
Exceptional admin expenses (385) (1,399)
Operating profit 3,375 1,606
Finance income 9 43
Finance costs (63) (139)
Exceptional finance costs (240)
Profit before tax 3,081 1,510
Tax expense (704) (415)
Profit for the financial year attributable to
the Group's equity shareholders 2,377 1,095
Earnings per share from operations
Basic earnings per share (£) 0.0367 0.0179
Diluted earnings per share (£) 0.0351 0.0175