Company Identification Details
|
Subject Reported on
|
MACKAYS STORES LIMITED
|
|
Registration Number
|
SC036368
|
|
VAT Number
|
GB263808936
|
|
Address
|
5 INCHINNEN DRIVE, INCHINNEN BUSINESS PARK, RENFREW, RENFREWSHIRE,
PA4 9AF.
|
|
Telephone
|
01418 129000
|
|
Facsimile
|
01418 129221
|
|
Email
|
help@mackaysstores.co.uk
|
|
Web Address
|
www.mandco.com
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
SC036368
|
|
VAT Number
|
GB263808936
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
25/04/1961
|
|
Registered Office
|
5 INCHINNAN DRIVE, INCHINNAN, RENFREW, RENFREWSHIRE, PA4 9AF.
|
|
History
|
5/10/2007 : The
Registered Office address changed from CALEDONIA HOUSE, CALEDONIA STREET,
PAISLEY, P.
|
|
|
19/07/1982 : Change
of name from J. MACKAY (DRAPERS) LTD..
|
|
Date of Last Annual Return to Registry
|
03/12/2012
|
|
Accounts
|
The last filed accounts at Companies House are those to 24/02/2012
|
|
Accounting Reference Date
|
23/02
|
Operations
|
Activities
|
Retailers of petite, boutique, lingerie, ladies and kids clothes and
accessories.
|
|
Nace Code
|
5242
|
|
Premises
|
Owned,Offices,Warehouse
|
|
Staff Employed
|
3,852
|
|
Trade Names
|
MACKAYS, M&CO WEB TEAM, M&CO
|
|
Export Countries
|
No Export Activity
|
|
Bankers
|
CLYDESDALE BANK PLC
|
|
Address
|
PAISLEY DUNN SQUARE.
|
|
Sort Code
|
825404
|
|
Auditors
|
KPMG LLP
|
|
Branches
|
20 CONDUIT STREET,
PADDINGTON, LONDON, W2 1HS.
|
|
|
94-102 HIGH ST, 17
REDDICAP TRADING EST, RICKMANSWORTH, HERTFORDSHIRE, WD3 1AQ.
|
|
|
73 WESTGATE,
GUISBOROUGH, CLEVELAND, TS14 6AF.
|
|
|
10 CASTLE ST,
LUDLOW, SHROPSHIRE, SY8 1AT.
|
|
|
79 HIGH ST, ELGIN,
MORAYSHIRE, IV30 1EA.
|
|
|
11-12 HIGH ST,
MARKET HARBOROUGH, LEICESTERSHIRE, LE16 7NJ.
|
|
|
70 FORE ST, REDRUTH,
CORNWALL, TR15 2AF.
|
|
|
15-16 KNIGHTSWICK
CENTRE, CANVEY ISLAND, ESSEX, SS8 7AD.
|
|
|
108-112 MAIN ST,
LARGS, AYRSHIRE, KA30 8AN.
|
|
|
25-29 HOPETOUN ST,
BATHGATE, WEST LOTHIAN, EH48 4PA.
|
|
|
9 MARKET ST,
CREWKERNE, SOMERSET, TA18 7JP.
|
|
|
22-24 MERE ST, DISS,
NORFOLK, IP22 4AD.
|
|
|
2-3 SILVER ST,
TROWBRIDGE, WILTSHIRE, BA14 8AA.
|
|
|
78-80 HIGH ST, WICK,
CAITHNESS, KW1 4NB.
|
|
|
34 GROVE ST, WILMSLOW,
CHESHIRE, SK9 1DR.
|
|
|
25-29 BEVERIDGE WAY,
NEWTON AYCLIFFE, COUNTY DURHAM, DL5 4DU.
|
|
|
29 MARYGATE,
BERWICK-UPON-TWEED, NORTHUMBERLAND, TD15 1AT.
|
|
|
132 HIGH ST, WOOTTON
BASSETT SWINDON, WILTSHIRE, SN4 7AY.
|
|
|
1 MARKET ST, MARPLE
STOCKPORT, CHESHIRE, SK6 7AA.
|
|
|
29 GALGATE, BARNARD
CASTLE, COUNTY DURHAM, DL12 8EJ.
|
|
Subsidiaries
|
KILBIN LIMITED
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
10
|
20
|
42
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
17/12/2012
|
Miscellaneous
|
|
03/12/2012
|
Miscellaneous
|
|
03/12/2012
|
Miscellaneous
|
|
30/11/2012
|
Miscellaneous
|
|
28/11/2012
|
Miscellaneous
|
|
27/11/2012
|
Miscellaneous
|
|
22/11/2012
|
Miscellaneous
|
|
21/11/2012
|
Miscellaneous
|
|
02/11/2012
|
Miscellaneous
|
|
29/10/2012
|
Miscellaneous
|
|
03/10/2012
|
Miscellaneous
|
|
28/09/2012
|
Miscellaneous
|
|
16/09/2012
|
Miscellaneous
|
|
16/09/2012
|
Miscellaneous
|
|
25/08/2012
|
Miscellaneous
|
|
13/08/2012
|
Miscellaneous
|
|
13/08/2012
|
Miscellaneous
|
|
31/07/2012
|
Miscellaneous
|
|
13/07/2012
|
Miscellaneous
|
|
06/07/2012
|
Miscellaneous
|
|
05/07/2012
|
Miscellaneous
|
|
27/06/2012
|
Miscellaneous
|
|
31/05/2012
|
Miscellaneous
|
|
24/05/2012
|
Miscellaneous
|
|
24/05/2012
|
Miscellaneous
|
|
23/05/2012
|
Miscellaneous
|
|
16/05/2012
|
Miscellaneous
|
|
16/05/2012
|
Miscellaneous
|
|
15/05/2012
|
Miscellaneous
|
|
14/05/2012
|
Miscellaneous
|
|
02/05/2012
|
Miscellaneous
|
|
30/04/2012
|
Miscellaneous
|
|
26/04/2012
|
Miscellaneous
|
|
20/04/2012
|
Miscellaneous
|
|
10/04/2012
|
Miscellaneous
|
|
24/02/2012
|
Miscellaneous
|
|
23/02/2012
|
Miscellaneous
|
|
15/02/2012
|
Miscellaneous
|
|
10/02/2012
|
Miscellaneous
|
|
01/02/2012
|
Data processing, hosting and related activities
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
|
Summary of Mortgages, Charges and Satisfactions
|
Total Number of Mortgages/Charges Registered
|
72
|
|
Number Outstanding
|
4
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
68
|
|
|
|
|
Date of Latest Mortgage Created
|
13/06/2012
|
|
Date of Latest Satisfaction
|
02/11/2005
|
Details of most recent Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
22/06/2012
|
12/06/2012
|
Standard Security
|
MG01S
|
Clydesdale Bank Plc
|
|
|
19/06/2012
|
13/06/2012
|
Standard Security
|
MG01S
|
Hsbc Bank Plc
|
|
|
05/06/2008
|
19/05/2008
|
Floating Charge
|
410
|
Clydesdale Bank Plc
|
|
|
30/05/2008
|
19/05/2008
|
Floating Charge
|
410
|
Hsbc Bank Plc
|
|
02/11/2005
|
21/12/2001
|
12/12/2001
|
Floating Charge
|
410
|
Clydesdale Bank Public Limited Company
|
|
02/11/2005
|
18/12/2001
|
12/12/2001
|
Floating Charge
|
410
|
Hsbc Bank Plc
|
|
22/06/2004
|
23/05/1991
|
04/05/1991
|
Assignation
|
N/A
|
Clydesdale Bank Public Limited Company As Trustee
|
|
16/06/1997
|
10/04/1990
|
26/03/1990
|
Rent Deposit Agreement
|
N/A
|
Barclays Nominees (George Yard) Ltd
|
|
14/07/1978
|
12/09/1972
|
24/08/1972
|
Bond Of Cash Credit Floating Charge See Docs 46, 47 48
|
N/A
|
Clydesdale Bank Public Limited Company
|
|
30/10/1986
|
|
17/11/1980
|
Standard Security
|
419A
|
Clydesdale Bank Public Limited Company
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
18/12/2012
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
23/11/2012
|
Companies House Gazette
|
All documents required to be delivered to the registrar under
section 441 (annual accounts and reports)
|
|
16/05/2012
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
12/12/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
25/11/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
23/11/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
18/11/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
03/12/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
18/10/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
02/12/2009
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
24/03/2009
|
Companies House Gazette
|
Change among directors of a company
|
|
27/02/2009
|
Companies House Gazette
|
Notification (given under section 122) of the redemption of shares
|
|
27/03/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
21/03/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
08/05/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
17/04/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
10/01/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
29/03/2005
|
Companies House Gazette
|
Change among directors of a company
|
|
09/02/2005
|
Companies House Gazette
|
Change among directors of a company
|
|
24/01/2005
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
MALCOLM JAMES ARCHIBALD MILLER
|
|
Service Address
|
61 WESTLAND DRIVE, JORDANHILL, GLASGOW, G14 9PE.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Appointment Date
|
09/03/2009
|
Directors
|
Director
|
MR IAIN WILLIAM MCGEOCH
|
|
Service Address
|
CALEDONIA HOUSE 5 INCHINNAN, DRIVE INCHINNAN, RENFREW, PA4 9AF.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
17/12/1945
|
|
Appointment Date
|
18/11/1988
|
|
Other Directorships
|
MACKAYS STORES (HOLDINGS) LIMITED, HAZELDEN
LIMITED, JANPRO LIMITED, KILBRIDE INDUSTRIAL SERVICES
LIMITED, BURGLAS, EBOX HOLDINGS LIMITED, MACKAYS STORES
GROUP LIMITED, MACKAYS GROUP TRUSTEES LIMITED, M.E.G. RENEWABLES
LIMITED, M.E.G. WEST KIRKCARSWELL LIMITED, WILLIAM MCILROY
SWINDON LIMITED, LAROQUE LIMITED
|
|
Director
|
MATTHEW RICHARD MCKIMMIE
|
|
Service Address
|
2 CAMPBELL PLACE, TORRANCE, GLASGOW, LANARKSHIRE, G64 4HR.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
27/05/1957
|
|
Appointment Date
|
15/02/2002
|
|
Other Directorships
|
MACKAYS STORES (HOLDINGS) LIMITED, JANPRO LIMITED, MACKAYS
STORES GROUP LIMITED, MACKAYS GROUP TRUSTEES LIMITED, M.E.G.
RENEWABLES LIMITED, M.E.G. WEST KIRKCARSWELL LIMITED, WILLIAM
MCILROY SWINDON LIMITED, G. E. WORTHINGTON LIMITED, LAROQUE
LIMITED
|
|
Director
|
GEORGE BRYCE HOWIE
|
|
Service Address
|
32 BREWLANDS ROAD, SYMINGTON, KILMARNOCK, AYRSHIRE, KA1 5QY.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
05/03/1957
|
|
Appointment Date
|
27/04/2007
|
|
Director
|
COLIN RUTHERFORD
|
|
Service Address
|
33 CRANLEY MEWS, LONDON, SW7 3BY.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
02/02/1968
|
|
Appointment Date
|
17/03/2008
|
|
Director
|
MR ANDREW JOHN MCGEOCH
|
|
Service Address
|
CALEDONIA HOUSE 5 INCHINNAN, DRIVE INCHINNAN, RENFREW, PA4 9AF.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
09/03/1980
|
|
Appointment Date
|
30/11/2009
|
|
Other Directorships
|
MACKAYS STORES (HOLDINGS) LIMITED, EBOX HOLDINGS
LIMITED, MACKAYS STORES GROUP LIMITED
|
|
Director
|
MRS LINDSEY CLAIRE WILLIAMS
|
|
Service Address
|
CALEDONIA HOUSE 5 INCHINNAN, DRIVE INCHINNAN, RENFREW, PA4 9AF.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
25/04/1965
|
|
Appointment Date
|
15/11/2011
|
Share Capital
|
Shares
|
Cumulative Preference GBP 1.00
|
|
Issued Number
|
5,000
|
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
495,000
|
|
Principal Shareholder
|
495,000 MacKays Stores (Holdings) Ltd
|
|
|
5,000 MacKays Stores (Holdings) Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
MACKAYS STORES (HOLDINGS) LIMITED
|
|
Ultimate Parent
|
MACKAYS STORES GROUP LIMITED
|
Financial Data– Statutory
Accounts
|
For annual accounts images, view the
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
53
|
52
|
|
Accounts Date
|
24/02/2012
|
25/02/2011
|
26/02/2010
|
20/02/2009
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
173339
|
186939
|
181905
|
162687
|
|
Cost of goods sold
|
159164
|
153791
|
151283
|
140093
|
|
GROSS PROFIT
|
14175
|
33148
|
30622
|
22594
|
|
Wages and Salaries
|
41396
|
39607
|
38474
|
37712
|
|
Directors Emoluments
|
1442
|
1535
|
1755
|
1658
|
|
Auditors Fees
|
51
|
52
|
45
|
45
|
|
Non-Audit Fees
|
65
|
87
|
141
|
67
|
|
Trading Profit
|
(155)
|
19808
|
19006
|
13811
|
|
Depreciation
|
8899
|
9071
|
8940
|
9224
|
|
OPERATING PROFIT
|
(9054)
|
10737
|
10066
|
4587
|
|
Non Trading Income
|
(292)
|
40
|
(317)
|
(23)
|
|
Interest Payable
|
1617
|
2092
|
1692
|
1906
|
|
PRE TAX PROFIT
|
(10963)
|
8685
|
8057
|
2658
|
|
Taxation
|
(2427)
|
3187
|
3008
|
1032
|
|
PROFIT AFTER TAX
|
(8536)
|
5498
|
5049
|
1626
|
|
RETAINED PROFITS
|
(8536)
|
5498
|
5049
|
1626
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
53
|
52
|
|
Accounts Date
|
24/02/2012
|
25/02/2011
|
26/02/2010
|
20/02/2009
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
38332
|
44235
|
47040
|
50902
|
|
Tangible Assets
|
38332
|
44235
|
47040
|
50902
|
|
Fixed Assets
|
38332
|
44235
|
47040
|
50902
|
|
TOTAL CURRENT ASSETS
|
36177
|
47126
|
35908
|
37367
|
|
Trade debtors
|
649
|
727
|
611
|
413
|
|
Stocks
|
25599
|
24434
|
21799
|
22235
|
|
Other Current Assets
|
9929
|
21965
|
13498
|
14719
|
|
Misc Current Assets
|
4778
|
3476
|
3419
|
3737
|
|
Due From Group
|
2531
|
6345
|
2334
|
3684
|
|
Cash
|
2620
|
12144
|
7745
|
7298
|
|
TOTAL ASSETS
|
74509
|
91361
|
82948
|
88269
|
|
TOTAL CURRENT LIABILITIES
|
18732
|
22837
|
20169
|
28544
|
|
Trade creditors
|
5822
|
6706
|
7580
|
5875
|
|
Short Term Loans
|
3610
|
5540
|
546
|
13100
|
|
Bank Overdraft
|
3503
|
|
|
4716
|
|
Due To Group
|
107
|
5540
|
546
|
8384
|
|
Other Liabilities
|
9300
|
10591
|
12043
|
9569
|
|
WORKING CAPITAL
|
17445
|
24289
|
15739
|
8823
|
|
TOTAL LONG TERM LIABS
|
19779
|
18361
|
19272
|
15199
|
|
Long Term Loans
|
6348
|
10000
|
10000
|
11492
|
|
Bank Loans
|
6348
|
10000
|
10000
|
11492
|
|
Other Liabilities
|
13431
|
8361
|
9272
|
3707
|
|
NET ASSETS/(LIABILITIES)
|
35998
|
50163
|
43507
|
44526
|
|
SHARE CAPITAL + RESERVES
|
35998
|
50163
|
43507
|
44526
|
|
Share Cap + Sundry Res
|
500
|
500
|
500
|
500
|
|
Issued Share Capital
|
495
|
495
|
495
|
495
|
|
Sundry Reserves
|
5
|
5
|
5
|
5
|
|
Revaluation Reserves
|
210
|
212
|
214
|
216
|
|
Profit and Loss account
|
35288
|
49451
|
42793
|
43810
|
|
SHAREHOLDERS FUNDS
|
35998
|
50163
|
43507
|
44526
|
|
CAPITAL EMPLOYED
|
55777
|
68524
|
62779
|
59725
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
53
|
52
|
|
Accounts Date
|
24/02/2012
|
25/02/2011
|
26/02/2010
|
20/02/2009
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Directors Remuneration
|
1442
|
1535
|
1755
|
1658
|
|
Auditors Remuneration
|
51
|
52
|
45
|
45
|
|
Liquid Assets
|
3269
|
12871
|
8356
|
7711
|
|
Net Working Capital
|
17445
|
24289
|
15739
|
8823
|
|
Long Term Debt(>12 Months)
|
6348
|
10000
|
10000
|
11492
|
|
Other Deferred Liabs
|
13431
|
8361
|
9272
|
3707
|
|
Tangible Net Worth(T.N.W)
|
35998
|
50163
|
43507
|
44526
|
|
Equity
|
35998
|
50163
|
43507
|
44526
|
|
Number of Years Trading
|
51
|
50
|
49
|
48
|
|
Number of Employees
|
3852
|
3507
|
3463
|
3316
|
|
Profit per Employee
|
(2846.1)
|
2476.5
|
2326.6
|
801.6
|
|
Sales per Employee
|
44999.7
|
53304.5
|
52528.2
|
49061.2
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
24/02/2012
|
25/02/2011
|
26/02/2010
|
20/02/2009
|
|
Current Ratio
|
1.9
|
2.1
|
1.8
|
1.3
|
|
Long Term Debt/T.N.W
|
0.2
|
0.2
|
0.2
|
0.3
|
|
Pre Tax Profit Margin%
|
(6.3)
|
4.6
|
4.4
|
1.6
|
|
Gross Profit%
|
8.2
|
17.7
|
16.8
|
13.9
|
|
Debtors Days (D.S.O)
|
1
|
1
|
1
|
1
|
|
Creditors Days (D.P.O)
|
12
|
13
|
15
|
13
|
|
Quick Ratio
|
0.6
|
1
|
0.7
|
0.5
|
|
W.I.P/Inventory Days
|
58.7
|
58
|
52.6
|
57.9
|
|
Return on Investment%
|
(15.7)
|
14.6
|
15.4
|
6.3
|
|
Return on Assets%
|
(14.7)
|
9.5
|
9.7
|
3
|
|
T.N.W/Total Assets%
|
48.3
|
54.9
|
52.5
|
50.4
|
|
Return on Capital%
|
(19.7)
|
12.7
|
12.8
|
4.5
|
|
Rtn on Shareholders Funds%
|
(30.5)
|
17.3
|
18.5
|
6
|
|
Working Capital/Sales%
|
10.1
|
13
|
8.7
|
5.4
|
|
Borrowing Ratio%
|
27.7
|
31
|
24.2
|
55.2
|
|
Equity Gearing%
|
93.5
|
121.8
|
110.3
|
101.8
|
|
Stock Turnover
|
6.8
|
7.7
|
8.3
|
7.3
|
|
Days Purchases Outstanding
|
13.4
|
15.9
|
18.3
|
15.3
|
|
Sales/Fixed Assets
|
4.5
|
4.2
|
3.9
|
3.2
|
|
Debt Gearing
|
17.6
|
19.9
|
23
|
25.8
|
Key Industry Sector Trends
|
Year
|
2012
|
2011
|
2010
|
2009
|
|
Sample Size
|
13448
|
38222
|
37404
|
36417
|
|
Pre-Tax Profit Margin
|
3.6
|
1.9
|
1.6
|
1.1
|
|
Current Ratio
|
1.4
|
1.3
|
1.3
|
1.3
|
|
Borrowing Ratio
|
34.8
|
34
|
25.7
|
22.4
|
|
Return on Capital
|
33.3
|
34
|
38.7
|
37.9
|
|
Creditors Days
|
57
|
107
|
110
|
91
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Other retail sale of new goods in
specialised stores
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the accounts for the period
ended 24/02/2012.
|
|
Turnover
|
|
Turnover reduced from GBP 186,939,000 to
GBP 173,339,000, a decrease of 7 % in the period.
|
|
Operating Loss
|
|
Totalled GBP 9,054,000. In the year
prior a Profit of GBP 10,737,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject made a loss of GBP
10,963,000 in the period compared with a profit of GBP 8,685,000 in the
previous period.
|
|
Working Capital
|
|
The company's working capital, while
remaining positive, decreased by 28 % in the period.
|
|
Net Worth
|
|
Net worth reduced by GBP 14,165,000
during the period and now stands at GBP 35,998,000.
|
|
Fixed Assets
|
|
The subject's fixed assets reduced
during the year by GBP 5,903,000 to GBP 38,332,000 and are now 51 % of
total assets compared with 48 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities
increased during the period by 7% and are now 55 % of net worth compared
with 37 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 27 % of
total liabilities compared with 20 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 35 % of
capital employed, an increase of 8 % over the previous period.
|
|