GCE Business Studies
01 January 2016
Amendment to GCE Business Studies pre-release case study material (H430)
Please note there are errors in the electronic version of the pre-release case study for Unit F297/01/CS (Strategic Management) which has already been issued to centres on the OCR website.
Appendix 2 has incorrect transposed figures shown in the column for 2015 under both Dividends and Retained Profit. Dividends for 2015 should read 3.8 (£m) and Retained Profit should read 1.0 (£m). Please instruct candidates to amend their hard copy of the pre-release stimulus material accordingly:
Appendix 2: Profit and Loss Account (year ending 30 June)
| 2015 | 2014 |
|---|
| £m | £m |
| Revenue | 33.0 | 30.1 |
| Cost of sales | 16.8 | 19.6 |
| Gross profit | 16.2 | 10.5 |
| Salaries, administration & overheads | 3.8 | 3.6 |
| Marketing, distribution & product development | 0.2 | 0.4 |
| Operating profit | 12.2 | 6.5 |
| Depreciation | 5.8 | 3.7 |
| Interest | 1.2 | 1.3 |
| Profit before taxation | 5.2 | 1.5 |
| Taxation on ordinary activities | 0.4 | 0.1 |
| Net profit | 4.8 | 1.4 |
| Dividends | 3.8 | 0.3 |
| Retained profit | 1.0 | 1.1 |
Website pre-release Stimulus Material A corrected version will be uploaded to the OCR website shortly. It will be available in the pre-release materials section of the GCE Business Studies page of the OCR website.
Hard copy pre-release Stimulus Material The version sent as hard copy to centres in March will be corrected and OCR will not be sending an erratum notice.
Hard copy day of the exam Stimulus Material The version for use with the question paper on the day of the exam will be corrected and OCR will not be sending an erratum notice.
We apologise for any inconvenience caused. If you have any queries about this notice, please call our Customer Contact Centre on 01223 553998.