The following are the financial statements of Prospect plc for last year and this year: Turnover Cost

The following are the financial statements of Prospect plc for last year and this year:

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Turnover Cost of sales Gross profit Income statement for the year ended 31 December Last year 000 Operating expenses Operating profit Interest payable Profit before taxation Taxation Profit for the year ASSETS Non-current assets Current assets Inventories Trade receivables Other receivables Cash 14,006 (7,496) 6,510 (4,410) 2,100 Statement of financial position as at 31 December Last year 000 Total assets EQUITY AND LIABILITIES (432) 1,668 (420) 1,248 8,600 2,418 1,614 268 56 4,356 12,956 This year 000 22,410 (11,618) 10,792 (6,174) 4,618 (912) 3,706 (780) 2,926 This year 000 16,470 4,820 2,744 402 8 7,974 24,444