=+The accounts department have produced the following projected profit and loss accounts.

Year Projected profit and loss (Em)

1 2

3 4

5 Sales 0

9 9

7 Less expenses Materials and consumables 0.6 0.4 0.5 0.5 0.4 Wages 0.3 0.7 0.7 0.7 0.7 Overheads 0.4 0.5 0.6 0.6 0.5 Depreciation of equipment 0

2.0 2.0 2.0 2.0 Albanian govt. payments 0.5 0.5 0.5 0.5 0.5 Survey costs written off 0.3 Profit (loss) excluding licence fee

(2.1)

3.9 4.7 4.7 2.5 The following additional information is available:

a Payments and receipts arise at the year ends unless otherwise stated.