annual report 2001 bringing digital technology to life document1 8 28 03 2 pm page 1 financial highlights 2000 000 profit and loss turnover 11 235 653 gross 4 191 346 distribution selling expenses 065 216 research development 910 753 general administration 028 842 operating 725 388 assets net 5 337 236 cash at bank in hand 513 517 performance ratios growth year 30 3 margin 37 27 sales per employee 181 144 stock turns 2000turnover d s r imaging high quality sound are now part of everyday wolfson is dedicated producing the that allows people access music pictures coded into information our mixed signal products provide analogue interface between processing transducers physical senses touch sight found leading hi fi