Revenue Up, Gross Profit Up, Profit Before Tax Upand Cash at Bank Up
the yorkshire report REVENUE UP, GROSS PROFIT UP, PROFIT BEFORE TAX UP AND CASH AT BANK UP the region’s recovery is continuing and there are even better prospects ahead 2 What is the o yorkshire 14 Yorkshire Report? on the up & up revenue £91bn (up 5%) taking the region’s gross profit £20bn (up 4%) temperature, examining its health and considering the figures profit before tax £3bn (up 18%) best course of treatment… key cash at bank £10bn (up 22%) We compile the latest published accounts of Yorkshire’s 150 biggest companies (by revenue) and aggregate the figures to create a barometer of economic health for our region. Please note that we refer to the top 150 companies collectively as ‘the Group’ throughout the report and, as the Group’s composition changes every twelve months, year-on-year comparisons may not be like-for-like. CURRENT PREVIOUS CHANGE YEAR YEAR % As a proud region with a strong sense of identity, Yorkshire has its own distinct Revenue £90.7bn £88.7bn 2% economy. So why shouldn’t it have its Operating profit £4.56bn £4.34bn 5% very own annual review? That was the highlights thinking behind the first BDO Yorkshire Effective tax rate 32.0% 28.5% 12% Report and now, seven years later, we have charted our fictional Group through Dividend £0.9bn £1.4bn (36%) some of the most turbulent economic times in our region’s history. Investment in £3.4bn 2.9bn 17% property, plant & machinery No. of employees 470,000 479,000 (2%) Average salary £24,340 £23,730 3% Average director’s £183,000 £178,000 3% emolument Gearing 37% 41% (10%) 2014 | the yorkshire report 1 The latest results for the Group, comprising Yorkshire’s Top 150 companies, show the region’s recovery continuing and even better prospects ahead welcome contents It’s a pleasure, after a number of tough years for the region, to introduce such an upbeat Yorkshire Welcome 01 report.
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