Comment on the following scenario :
Breaking even is breaking out all over Blacks breaks even
Blacks Leisure Group plc, the UK outdoor leisure business (Blacks, Millets, Freespirit and so on), is barely breaking even during 2006 despite a small increase in its sales revenue and profit margins. Source: ‘Ashley buys 29.4% of Blacks Leisure', Tom Griggs, Financial Times, 26 October 2006. Superjumbo break-even point grows German industrial group EADS is developing the Airbus A380 aircraft. The aircraft can carry up to 555 passengers on each flight. When EADS approved development of the plane in 2000, it was estimated that the business would need to sell 250 of them to break even. By 2005, the break even number had increased to 270, but by late 2006 the costs of development had increased to the point where it was estimated that it would require sales of 420 of the aircraft for it to break even. So far the business has 159 firm orders, but total sales of the aircraft are expected to be 750 over its commercial lifetime The Vatican looking up The administration of the Vatican City had budget deficits for each of the three years 2001, 2002 and 2003, but in 2005 the administration was forecast to break even. The Vatican derives its income from Catholic churches (US$80m), from individual donations (US$50m) and the rest from income from investments in land as well as company shares and loan stocks.