. Focusing on the extracted data provided in Appendix A and Appendix B, compute the followings:

1. The percentage of expenses from continuing operations on income from continuing operations for both 2019 and 2020 (only Appendix A data). (5 marks)
2. The changes from 2019 to 2020 of the income from continuing operations and the expenses from continuing operations (only Appendix A data). Provide the changes in both dollar values and percentages. (5 marks)
3. Interpret and provide commentary on your findings in a above. (Hint: Have the proportion of the expenses from continuing operations out of the income from continuing operations in 2020 (e.g., employee related expenses) increased or decreased compared to the 2019 results? Explain. You need to identify at least three key points. (10 marks)
4. Interpret and provide commentary on your findings in b above. (Hint: is the change in expenses from continuing operations (e.g., employee related expenses) proportional to the change in income from continuing operations? Explain. You need to identify at least three key points. (10 marks)

9. A

Extracts from Deakin University Annual Report

Statement of Comprehensive Income for the year ended 31 December 2020

	Note	2020 $000s	2019 $000s
Income from continuing operations	2	1,224,003	1,320,511
Expenses from continuing operations
Employee related expenses	2.9	(733,996)	(724,575)
Depreciation and amortisation expense	2.10	(98,060)	(87,282)
Other expenses from continuing operations	2	(359,835)	(401,309)
Total expenses from continuing operations		(1,191,891)	(1,213,166)
Net result before income tax		32,112	107,345