Compute amount of net income or loss that rolls royce report

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Reference no: EM13206746

The income statement of Rolls Royce Group Plc., a U.K. automotive manufacturer, for the year ended December 31, 2007, reported revenues of £7,435 and cost of sales of £6,003. In addition, it reported other operating expenses of £918, a loss of £2 on the sale of a business, and net financing income of £221. Tax expense for the year was £133. Rolls Royce reports all amounts in millions of pounds sterling (£). Compute the amount of net income or loss that Rolls Royce reported for 2007.

Reference no: EM13206746

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