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 FINANCIAL EVALUATION 2016

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hi uh I'm Jean for V evaluation um I've been running finance courses all over the world now uh for the last 20 years or so and people often ask me Jean is there a quick 30- second way of actually assessing a business of course there isn't so but what I'll propose to you is a quick shortcut that that you might find helpful and I think to position this clip you have to appreciate when we get to that stage we've gone through the business we've assessed the business we know what it's about we understand the industry and there's also an important caveat in the sense that the business has not changed it's selling roughly the same things to the same kind of people and that's kind of important so with that in mind we've gone through the accounts unearth nothing sort of horrific or spectacular so with that in mind let's proceed so what we have here is a basic income statement of profit and loss of a

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