=+35. ANALYSIS AND INTERPRETATION OF FINANCIAL INFORMATION 719 Interest (6) 15) (19) Profit on ordinary activities before taxation D4 107 Obi Income tax expense (45) (52) (45) Profit on ordinary activities after taxation ~ 49 M5 5y 40°

19X0 19X1 1

€M €M €M Assets Non-current assets Tangible assets at net book value 176 206 216 Intangible assets 36 40 48 212 246 264 Current assets Bs cor eae Inventories 237 303 294 Receivables 105 141 160 Bank te By 58 2 394 502 506 Total Assets 606 748 770 Equity and Liabilities Equity Ordinary share capital 100 100 100 Retained profits Paes 330 346 399 730 TG Non-current liabilities yey oy Long-term loans a4 138 138 Current liabilities Trade payables 53 ff) 75 Other payables 80 105 +

133 180 186 Total Equity and Liabilities 606 748 770 During each of the years ended 31 December 19x0, 19x1, and 19x2, €24m was debited to equity in respect of dividends paid.