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1 Revenue Statement & Analysis
30 june 23 30 june 22 30 june21
Revenue
Other income 124755 114876 118948
Operating Exp
Services provided to ey 576 182 751
member
Employee benefits exp 53579 56743 52697
Amortization of intangible 75 142
asset
Depreciation of 5231 3143 6317
plant,equipment
Depreciation on right to use 15409 10780 19941
asset
Other operating expense 39894 47725 48843
total 114689 118648 128692
Operating profit/loss 10066 -3772 8350

Finance income 5571 8376 7973
Finance exp -3545 -4183 -5847
Share of profit from 210687 205964 150157
subsidiaries
Profit before tax 222779 206385 160613
Less income tax exp - - -
Profit for the financial year 222779 206385 160613

1. Key components
2. Turnover :the amount of business that company does in a

particular period of time
TURNOVER : 137,042 (2021)
114,876 (2022)
124755 (2023)
3. Expenses : the amount spend by the company ;

128,692 (2021)
118,648 (2022)
114,689 (2023)
4. Operating profit/loss: Revenue from a firm’s regular activities

less cost and expenses
8350 (2021)
(-3772) (2022)
10066 (2023)
5. Profit before tax : profit earned by the company before tax
deduction
160,613 (2021)
206,385 (2022)
222779 (2023)
6. Profit for the financial year:
160,613 (2021)
206,385 (2022)
222779 (2023)
Analyzing Revenue Statements

Once you have the revenue statements for the last three years, here’s
how you can analyze them:
1. Revenue Growth:
o Year-over-Year Comparison: Calculate the percentage
growth or decline in revenue from one year to the next.
This shows how the company is expanding or contracting.
o Compound Annual Growth Rate (CAGR): This metric
provides a smoothed annual growth rate over a period.
2. Revenue Composition:
o Revenue Sources: Break down the revenue by service line
(e.g., assurance, consulting, advisory) if available. This
shows which services are driving growth.
o Geographical Breakdown: If provided, analyze revenue
from different regions to understand geographical
performance.
3. Profitability:
o Gross Profit Margin: Assess how much profit is made
from revenue after subtracting the cost of goods sold
(COGS).
o Operating Profit Margin: Evaluate profitability after
accounting for operating expenses.
4. Comparative Analysis:
o Industry Benchmarks: Compare EY’s revenue growth and
margins with competitors like Deloitte, PwC, and KPMG.
o Market Trends: Analyze how broader market trends, such
as demand for consulting services or economic conditions,
might impact EY’s performance.
5. Financial Health Indicators:
o Revenue Stability: Look for consistency in revenue
streams. Volatility might indicate risk.
o Cost Management: Assess how effectively EY is managing
its costs relative to revenue.
6. Strategic Insights:
o Investment and Expansion: Review any strategic
investments or expansions reported in the financial
statements that could impact future revenue.
o Client Base: Consider changes in the client base or
significant contracts that might influence future revenues.
Sample Analysis Based on Hypothetical Data
If you had the revenue figures, for instance:
 2021: €1.5 billion
 2022: €1.6 billion
 2023: €1.8 billion
Analysis:
 Growth Rate:
o 2021 to 2022: ((1.6 - 1.5) / 1.5) * 100 = 6.67%
o 2022 to 2023: ((1.8 - 1.6) / 1.6) * 100 = 12.5%
o CAGR (2021-2023): [(1.8 / 1.5)^(1/2) - 1] * 100 ≈ 8.5%
 Revenue Composition: If you find that consulting services have
grown faster than assurance services, it might indicate a
strategic shift.
 Profit Margins: If margins are increasing, it suggests effective
cost management or higher-margin services are becoming a
larger part of revenue.
 Comparative Performance: If EY’s growth outpaces
competitors, it may reflect better market positioning or
strategic advantages.
SUMMARY
1. Revenue Trends: An overview of whether revenue has
increased, decreased, or remained stable over the past three
years.
2. Key Drivers: Identification of factors driving changes in revenue,
such as new service lines, market conditions, or strategic shifts.
3. Comparative Analysis: A comparison with industry benchmarks
or competitors, if available.
4. Profitability: Insights into profit margins and net income trends.
5. Geographical Performance: Revenue distribution by geographic
region, if relevant.
6. Future Outlook: Any forward-looking statements or projections
provided by the company.
For precise figures and detailed analysis, accessing Ernst & Young
Nederland LLP’s financial reports or consulting a financial analyst
would be necessary.

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1 Revenue Statement & Analysis

30 june 23 30 june 22 30 june21

Operating profit/loss 10066 -3772 8350

Less income tax exp - - -

Profit for the financial year 222779 206385 160613

2. Turnover :the amount of business that company does in a

3. Expenses : the amount spend by the company ;

4. Operating profit/loss: Revenue from a firm’s regular activities

Analyzing Revenue Statements

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