Complete this report with the terms from Exercises A and B.

Решение:

In our home markets it has been another excellent year. Pre-tax profits¹ are up by £23 million, and the outlook² for the next quarter is equally good. Profits from abroad are down because of a recession³ in Japan. However, our performance overall has been good, and the revenues⁴ have increased to 26.4p and the dividends⁵ will be increased to 4.3p per share, which will please our shareholders*.

We plan to issue new shares⁶ in order to finance expansion in Asia. We also plan to increase our investment⁷ in plant and equipment before entering the Chinese market. We are particularly pleased with our performance in France and Germany where revenues⁸ have increased. As a result of using a new distributor, our costs fell giving us a gross margin⁹ of 40 percent on our main product line. We will use any extra cash to reduce the level of our debt¹⁰.

Our performance in Italy should improve significantly following the entry¹¹ of our biggest competitor. However, we should not become too satisfied with our share price as economic conditions remain uncertain and the stock market¹² will continue to reflect this. Share prices will not rise in the short term.

*Shareholders: the people who own shares in a business

Ответ: 1. Pre-tax profits, 2. outlook, 3. recession, 4. revenues, 5. dividends, 6. shares, 7. investment, 8. revenues, 9. gross margin, 10. debt, 11. entry, 12. stock market.