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Jaguar World Magazine XJR – Super-chargers. Nov 08 Back Issue

13 issues per year View Reviews   |   Write Review From $3.31 per issue Jaguar World magazine is an amazing read, it brings together owners of all types of Jaguars, from the classics such as XKs and E-types through to the dynamic range of modern saloons and sports cars. If you like Jaguars then this is the magazine for you.

WAYS TO READ Jaguar World Magazine

Single Digital Back Issue XJR – Super-chargers. Nov 08
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Issue Cover

Jaguar World  |  XJR – Super-chargers. Nov 08  


The credit crunch and the perilous state
of the world’s financial markets have
made for all too depressing reading in
the press of late, but that general tale of
quite justifiable woe seems to have led to a few
wrong conclusions as far as Jaguar Land Rover’s
financial health is concerned.
When, on 18 September, Tata issued a letter of
offer to its shareholders (see news, page seven),
it provided a chance to see Jaguar Land Rover
accounting figures for the first time in many years.
Previously, under Ford ownership and as part of
the Premier Automotive Group along with Volvo
and, until March 2007, Aston Martin, ‘standalone’
Jaguar Land Rover figures were never published.
Unsurprisingly, then, when Tata produced its letter
many journalists were keen to take a look. Sadly,
some also reported on a figure that showed an
overall JLR loss for the first six months of 2008,
without choosing to delve a little deeper.
Split into the final period under Ford ownership
(1 January – 1 June 2008) and the first month
of Tata’s ownership (2 June – 30 June 2008),
the figures show overall earnings before interest
and tax (EBIT, or operating profit) of US$688m –
approximately £372m. However, within the Ford
figures until 1 June is a provision for tax of some
US$912m, hence an indicated overall loss for that
period of US$383m (£207m). It is that figure that
many chose to seize upon, without asking any
further questions. Had they done so, they would
have discovered that as part of the sale process
Ford wrote off a number of assets and taxes against
Jaguar Land Rover, hence the disproportionately
high provision for tax figure, and the apparent loss.
The adverse headlines clearly took Tata by
surprise, as it issued a statement to clarify that
it believed the EBIT figure prior to adjustments
represented the true performance of Jaguar Land
Rover.
Jaguar World magazine is an amazing read, it brings together owners of all types of Jaguars, from the classics such as XKs and E-types through to the dynamic range of modern saloons and sports cars. If you like Jaguars then this is the magazine for you.
As a subscriber you'll receive the following benefits:

  A discount off the RRP of your magazine
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You'll receive 13 issues during a 1 year Jaguar World magazine subscription.

Note: Digital editions do not include the covermount items or supplements you would find with printed copies.
SUBSCRIBER

Jaguar World

Awesome magazine! The reason I ordinally found pocketmags, and the reason I'm still here. Reviewed Monday, November 2, 2020
SUBSCRIBER

Jaguar World

Excellent, very excellent Reviewed Monday, April 13, 2020
SUBSCRIBER

Jaguar World

I always enjoy each issue of Jaguar World. Its the only mag that subscribe to. Keep up the great work! Reviewed Thursday, February 20, 2020

jaguar

Hi I have just purchased a 2002 xjr 100 .great car .just have to sort out how everything works on it lol . original black with black leather seats with Montreal wheels ,looks great and runs the same.i would like any information from other owners ,thank you ,Ray. Reviewed Sunday, May 3, 2015

Finding a car

Trying to decide which Jag I want to buy, I really like the old style S Type but having read the reviews I'm going to see if I can get an XK8. Bit of a modern classic and now really quite affordable. So glad I read this mag before jumping in blind Reviewed Tuesday, July 16, 2013

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