Financial Ratio Analysis - Rate of Return - Additional Question 10

Additional Question 10

The table below contains both financial and non-financial data for Tesco plc.

  • compare group statistics with UK statistics in whichever way you think is best
  • calculate the turnover and profit per employee together with the sales per sq foot values
  • analyse your results to parts 'a' and 'b' and state the conclusions you draw.
Tesco plc Year ended February 1998 1999 2000 2001 2002
Group statistics          
Number of stores 781 821 845 907 979
Total sales area - 000 sq ft 18,254 21,353 24,039 28,362 32,491
Full-time equivalent employees 119,127 126,914 134,896 152,210 171,794
UK retail statistics          
Number of stores 618 639 659 692 729
Total sales area - 000 sq ft 15,215 15,975 16,895 17,965 18,822
Average store size (sales area - sq ft) 25,490 25,627 26,641 27,636 28,576
Full-time equivalent employees 99,941 104,772 108,409 113,998 121,272
UK retail productivity £          
Turnover per employee          
Profit per employee          
Weekly turnover per sq ft          
Wages per employee 15,079 15,271 15,600 16,087 16,821

Note: sq ft = square foot or square feet and there are around 11 square feet in a square metre

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