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Dear All, For anyone who is interested, I have completed an interim report into the results of M&S and it is free to download from http://www.duncanwil.co.uk/finacc.htm If you disagree with what I have written then that's fine; and I would be happy for anyone to write and tell me that my technical analysis is flawed or my conclusions are invalid. However, it's not all controversial and I do not dwell on anything untoward. For the more advanced student of accounting, having looked at a few basic financial ratios, I then look at supplementary analyses whose results contradict each other to an extent. I also include extracts from an interview with Stuart Rose, the CEO of M&S and will update this report following the M&S AGM, to be held in July! Besy wishes for the up and coming Bank Holiday ... haven't I just provided you with the most perfect reading material? Duncan Williamson ********************* * TO LEAVE THE LIST * ********************* Write to [log in to unmask] and, in the text of your message (NOT the subject line), write: SIGNOFF ECON-BUSINESS-EDUCATORS