Elliot J, 2008).However, Exxon Mobil’s adjustment of postretirement benefits reserves continued to increase in 2013, showing that the company continued to invest in benefits plans. From the company’s Comprehensive Income Statement, the comprehensive income due to Exxon Mobil significantly declined in 2013. The net cash value used in the organization’s operating activities also declined in the same year, resulting from the reduced activity upstream. The cash flow from the sale of assets and operations declined from $63,825 in 2012 to $47,621 in 2013.Financial Ratio AnalysisThe gross margin for Exxon Mobil was 27.6% in 2013, down from 29.9% in 2012 and 31.6% in 2010. The operating margin for the organization in 2012 and 2013 was 16.3% and 13.2% respectively. The earnings per share for the organization for the two respective years were at 9.7 dollars and 7.37 dollars (ExxonMobil, n.d.). As indicated in the financial statements of the company, the organization failed to record a growth in its profits. This adversely affected the earnings per share for the organization, making them drop significantly. The decline in profitability and rate of growth for the company directly affected its earnings per share. The financial performance of Exxon Mobil for the year 2013.
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Financial Statements and Supplementary Information. (n.d.). ExxonMobil Website. Retrieved September 30, 2014, from http://cdn.exxonmobil.com/en/shareholder-archive/~/media/Reports/Other%20Reports/2014/2013_ExxonMobil_Financials.pdf
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