Question: How do I find the Net Sales and EBIT% from the following screenshots? The numbers needs to be converted from USD to EUR and please

How do I find the Net Sales and EBIT% from the following screenshots? The numbers needs to be converted from USD to EUR and please mention if it'll be (Million EUR) or (Billion EUR). The information in the screenshots below are from Polaris company's 2020 annual report (automotive one).

How do I find the Net Sales and EBIT% from the followingscreenshots? The numbers needs to be converted from USD to EUR andplease mention if it'll be (Million EUR) or (Billion EUR). The informationin the screenshots below are from Polaris company's 2020 annual report (automotive

one). Consolidated Results of Operations The consolidated results of operations were as

Consolidated Results of Operations The consolidated results of operations were as follows: For the Years Ended December 31, Change 2019 2020 vs. 2019 2018 Change 2019 vs. 2018 2020 ($ in millions except per share data) Sales Cost of sales Gross profit Percentage of sales $7,027.9 $6,782.5 $5,317.7 $5,133.7 $1,710.2 $1,648.8 24.3% 24.3% 4% $6,078.5 4% $4,577.3 4% $1,501.2 +2 basis 24.7% points 12% 12% 10% -39 basis points Operating expenses: Selling and marketing : Research and development General and administrative Goodwill and other intangible asset impairment Total operating expenses Percentage of sales $ 544.3 $ 559.2 (3) % $ 491.8 14% 295.6 292.9 1% 259.7 13% 359.2 393.9 (9) % 349.7 13% 379.2 NM NM $1,578.3 $1,246.0 27% $1,101.2 13% 22.5% 18.4% +409 basis 18.1% +25 basis points points $ 80.4 $ 80.9 (1) % $ 87.4 (7) % $ 212.3 $ 483.7 (56)% $ 487.4 (1) % Income from financial services Operating income 25 For the Years Ended December 31, Change 2020 vs. 2019 Change 2019 vs. 2018 2020 2019 2018 66.7 $ 77.6 $ $ $ $ ($ in millions except per share data) Non-operating expense: Interest expense Equity in loss of other affiliates Other (income) expense, net Income before income taxes Provision for income taxes Effective income tax rate 5.1 4.2 $ (6.8) $ 407.8 $ 141.4 16.5 $ 83.9 (14) % $ 57.0 36% NM $ 29.3 (83)% NM $ (28.1) (76)% (65)% $ 429.2 (5) % (80)% $ 93.9 (11) % NM 21.9% -132 basis points (61)% $ 335.3 NM NM 11.6% 20.6% (3) % $ 124.9 $ 323.9 (0.1) 0.1 $ 124.8 Net income Net (income) loss attributable to noncontrolling interest Net income attributable to Polaris Inc. Diluted net income per share attributable to Polaris Inc. shareholders Weighted average diluted shares outstanding NM = not meaningful $ 324.0 $ 5.20 (61)% $ 335.3 (62)% $ 5.24 (3) % (1) % 1.99 62.6 62.3 % 63.9 (3) % Sales: Sales were $7,027.9 million in 2020, a four percent increase from $6,782.5 million in 2019. The components of the consolidated sales change were as follows: Percent change in total Company sales compared to the prior year 2020 2019 3% 1% 6 Volume Product mix and price Acquisitions Currency (1) 12% 4% The three percent volume increase in 2020 was primarily the result of increased ORV shipments and related PG&A. Product mix and price contributed a one percent increase in 2020, primarily due to lower promotional costs for ORVs. POLARIS INC. CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share data) For the Years Ended December 31, 2020 2019 2018 $7,027.9 $6,782.5 $6,078.5 5,317.7 5,133.7 4,577.3 1,710.2 1,648.8 1,501.2 559.2 292.9 393.9 491.8 259.7 349.7 544.3 295.6 359.2 379.2 1,578.3 80.4 1,246.0 80.9 1,101.2 87.4 487.4 212.3 483.7 Sales Cost of sales Gross profit Operating expenses: Selling and marketing Research and development General and administrative Goodwill and other intangible asset impairments Total operating expenses. Income from financial services Operating income Non-operating expense: Interest expense Equity in loss of other affiliates Other (income) expense, net . Income before income taxes Provision for income taxes Net income Net (income) loss attributable to noncontrolling interest Net income attributable to Polaris Inc. Net income per share attributable to Polaris Inc. common shareholders: Basic Diluted Weighted average shares outstanding: Basic 66.7 4.2 laala 141.4 16.5 77.6 57.0 5.1 29.3 (6.8) (28.1) 407.8 429.2 83.9 93.9 323.9 335.3 0.1 $ 324.0 $ 335.3 124.9 (0.1) $ 124.8 $ 2.02 $ 5.27 $ 5.36 5.24 $ 1.99 $ 5.20 $ 61.9 61.4 62.5 63.9 Diluted 62.6 62.3 POLARIS INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) For the Years Ended December 31, 2020 2019 2018 $124.9 $323.9 $335.3 Net income Other comprehensive income (loss), net of tax: Foreign currency translation adjustments Unrealized (loss) gain on derivative instruments Retirement plan and other activity Comprehensive income Comprehensive (income) loss attributable to noncontrolling interest Comprehensive income attributable to Polaris Inc. 24.2 (9.4) (0.5) 139.2 (2.8) (6.5) 0.2 314.8 0.1 (18.1) 0.4 0.3 317.9 (0.1) $139.1 $314.9 $317.9 Consolidated Results of Operations The consolidated results of operations were as follows: For the Years Ended December 31, Change 2019 2020 vs. 2019 2018 Change 2019 vs. 2018 2020 ($ in millions except per share data) Sales Cost of sales Gross profit Percentage of sales $7,027.9 $6,782.5 $5,317.7 $5,133.7 $1,710.2 $1,648.8 24.3% 24.3% 4% $6,078.5 4% $4,577.3 4% $1,501.2 +2 basis 24.7% points 12% 12% 10% -39 basis points Operating expenses: Selling and marketing : Research and development General and administrative Goodwill and other intangible asset impairment Total operating expenses Percentage of sales $ 544.3 $ 559.2 (3) % $ 491.8 14% 295.6 292.9 1% 259.7 13% 359.2 393.9 (9) % 349.7 13% 379.2 NM NM $1,578.3 $1,246.0 27% $1,101.2 13% 22.5% 18.4% +409 basis 18.1% +25 basis points points $ 80.4 $ 80.9 (1) % $ 87.4 (7) % $ 212.3 $ 483.7 (56)% $ 487.4 (1) % Income from financial services Operating income 25 For the Years Ended December 31, Change 2020 vs. 2019 Change 2019 vs. 2018 2020 2019 2018 66.7 $ 77.6 $ $ $ $ ($ in millions except per share data) Non-operating expense: Interest expense Equity in loss of other affiliates Other (income) expense, net Income before income taxes Provision for income taxes Effective income tax rate 5.1 4.2 $ (6.8) $ 407.8 $ 141.4 16.5 $ 83.9 (14) % $ 57.0 36% NM $ 29.3 (83)% NM $ (28.1) (76)% (65)% $ 429.2 (5) % (80)% $ 93.9 (11) % NM 21.9% -132 basis points (61)% $ 335.3 NM NM 11.6% 20.6% (3) % $ 124.9 $ 323.9 (0.1) 0.1 $ 124.8 Net income Net (income) loss attributable to noncontrolling interest Net income attributable to Polaris Inc. Diluted net income per share attributable to Polaris Inc. shareholders Weighted average diluted shares outstanding NM = not meaningful $ 324.0 $ 5.20 (61)% $ 335.3 (62)% $ 5.24 (3) % (1) % 1.99 62.6 62.3 % 63.9 (3) % Sales: Sales were $7,027.9 million in 2020, a four percent increase from $6,782.5 million in 2019. The components of the consolidated sales change were as follows: Percent change in total Company sales compared to the prior year 2020 2019 3% 1% 6 Volume Product mix and price Acquisitions Currency (1) 12% 4% The three percent volume increase in 2020 was primarily the result of increased ORV shipments and related PG&A. Product mix and price contributed a one percent increase in 2020, primarily due to lower promotional costs for ORVs. POLARIS INC. CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share data) For the Years Ended December 31, 2020 2019 2018 $7,027.9 $6,782.5 $6,078.5 5,317.7 5,133.7 4,577.3 1,710.2 1,648.8 1,501.2 559.2 292.9 393.9 491.8 259.7 349.7 544.3 295.6 359.2 379.2 1,578.3 80.4 1,246.0 80.9 1,101.2 87.4 487.4 212.3 483.7 Sales Cost of sales Gross profit Operating expenses: Selling and marketing Research and development General and administrative Goodwill and other intangible asset impairments Total operating expenses. Income from financial services Operating income Non-operating expense: Interest expense Equity in loss of other affiliates Other (income) expense, net . Income before income taxes Provision for income taxes Net income Net (income) loss attributable to noncontrolling interest Net income attributable to Polaris Inc. Net income per share attributable to Polaris Inc. common shareholders: Basic Diluted Weighted average shares outstanding: Basic 66.7 4.2 laala 141.4 16.5 77.6 57.0 5.1 29.3 (6.8) (28.1) 407.8 429.2 83.9 93.9 323.9 335.3 0.1 $ 324.0 $ 335.3 124.9 (0.1) $ 124.8 $ 2.02 $ 5.27 $ 5.36 5.24 $ 1.99 $ 5.20 $ 61.9 61.4 62.5 63.9 Diluted 62.6 62.3 POLARIS INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) For the Years Ended December 31, 2020 2019 2018 $124.9 $323.9 $335.3 Net income Other comprehensive income (loss), net of tax: Foreign currency translation adjustments Unrealized (loss) gain on derivative instruments Retirement plan and other activity Comprehensive income Comprehensive (income) loss attributable to noncontrolling interest Comprehensive income attributable to Polaris Inc. 24.2 (9.4) (0.5) 139.2 (2.8) (6.5) 0.2 314.8 0.1 (18.1) 0.4 0.3 317.9 (0.1) $139.1 $314.9 $317.9

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!