In the P5 Hybrid paper for Sep/Dec 2016, can you please explain me the (iii) part of the question? I cannot understand the values for ROE and ROCE in the answer. How are those values calculated?
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P5 2016 Sept/Dec Hybrid paper Q1?
ROCE = 1811/(1161 + 8739) = 18%
Before restructuring costs = (1811 + 482)/ (1161 + 8739) = 23%
ROE = 1126/1161 = 97%
Some explanations of the calculations are given in the answer text.
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