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Income Statement Molson Coors Inc. Years 1 & 2 ($000s) Year 1 Year 2 Revenues 2,

ID: 2622206 • Letter: I

Question

                                  Income Statement

                                 Molson Coors Inc.

                                  Years 1 & 2 ($000s)

Year 1

Year 2

Revenues

2,429,462

3,776,322

COGS

1,537,623

2,414,530

Depreciation

121,091

230,299

SG&A

619,143

833,208

EBIT

151,605

298,285

Interest Expense

-14,403

49,732

Other income

32,005

8,047

Pre-Tax Income

198,013

256,600

Income Tax

75,049

94,947

Net Income

122,964

161,653

Shares outstanding

36,902

36,140

Earnings per share

$3.33

$4.47

Dividends per common share

$0.80

$0.82



QUESTION: Referring to the Molson Coors financial statements, what is Net Profit Margin in Year 1?

Year 1

Year 2

Revenues

2,429,462

3,776,322

COGS

1,537,623

2,414,530

Depreciation

121,091

230,299

SG&A

619,143

833,208

EBIT

151,605

298,285

Interest Expense

-14,403

49,732

Other income

32,005

8,047

Pre-Tax Income

198,013

256,600

Income Tax

75,049

94,947

Net Income

122,964

161,653

Shares outstanding

36,902

36,140

Earnings per share

$3.33

$4.47

Dividends per common share

$0.80

$0.82

Explanation / Answer

Net profit margin = Net income/Sales = 122964/2429462 = 0.05