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Financial Highlights of John Lewis Performance EssaySalesSales be the activity in spite of appearance a business for the purchases of products and service. This is also the in operation(p) revenues that is earned by the companyby selling their products or services. Last stratum, the business was involved in an accounting s brush offdal, and saw the departure of some ripened executives. However the retail giant, which has more than 3,300 stores in the UK, had a better Christmas than expected. The sales over the holiday period were down just 0.3 percent on the yr before and up 0. 1% if fuel sales are included. Overall, comparable sales for the three months to the beginning of January were down by 2.9%.Tescos chief executive, Dave Lewis, said the staunch was facing the reality of the situation and was seeing the benefits of listening to our customers.RevenueRevenue are the amount of money that the business receives during a specific period which includes the discounts and ded uctions that are for returned merchandise Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold. Tescos revenue increased from the years 2010 to 2011 from 57,502m to 61,174m. This infers to us that there would be an increase in the corporations stockholders equity and its assets. The revenues will increase the retained earnings section of stockholders equity. The assets that unremarkably increase are cash or accounts receivable. Conversely at bottom the years of 2012 to 2013 the business revenue decreased from 64,541m to 63,967. This indicates to us that the business reduced their pricing. However at heart 2013 and 2014 there was an increase within the revenue figures from 63,967 to 64,149.ProfitProfit is the money that the business makes after accounting for all the expenses. This is a financial benefit that is realised when the amount of revenue gained from the business activity exceeds the expenses, costs an d taxes needed to sustain the activity. Any profit that is gained goes to the businesss owners, who may or may not decide to legislate it on the business. Tescos Britains biggest retailer Shares fell as much as 17 per cent to their lowest in around 14 years as it said trading profits for the year ending February 2015 would not exceed 1.4bn. This is 500m below current market forecasts of 1.9bn.DebtDebt is the amount of money borrowed by one mortal from another. Manycorporations and souls use debt as a method for making large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing individual permission to borrow money under the condition that it is to be paid back at a later date, normally with interest.Within Tesco the debt decreased within the years of 2010 to 2013 from 14.0b to 13.5b because the business is paying off debts owed regularly which results in a positive cash flow. On the other hand the business debt increased within th e years 2013 to 2014 from 13.5b to 14.5b. This is for the reason that the business are not paying off the liabilities that are owed.PensionA aid is a type of retirement plan, usually tax exempt, where an employer makes contributions toward a pool of funds set aside for an employees future benefit. The funds is then invested on the employees behalf, allowing the employee to receive benefits upon retirement.Philip Clarke and Laurie Mcllwee are members of the Tesco PLC award scheme, which provides a pension up to two-thirds of base salary on retirement, normally at the age 60, dependent on service. Within the organisation each years pension earned before 1 June 2012 will be increased up to a maximum 5%.TurnoverTurnover is the number of times an asset is replaced during a financial period. This would be the number of shares traded for a period as a percentage of the total shares in a portfolio or of an exchange.As we can see above, on Tesco profit and loss sheet there was an increase in the turnover from the years 2010 to 2011 from 56910.0m to 60455.0m. This indicates to us that Tesco has strong sales within this year as the business is re-stocking cash quickly and has a lower risk of becoming stuck with obsolete inventory. On the other hand within the years 2012 and 2013 there was a decrease in figures from 63916.0m to 63406.0m. This tells that the business is carrying too much inventory which suggest poor inventorymanagement and low sales.