4. The following are the summarized financial statements of Merton plc for the years ended 31* December 2009 and 2010. Statements of Financial Position as at 31" December 2009 2010 fm fm Non-Current assets Tangible 1000 1200 Intangible 40 140 1040 1340 Current asgets Inventories 430 480 Receivable: 712 680 Prepayments 100 180 Cash at bank 48 160 1290 1500 Total assets 2330 2840 Current liabilities Trade payables 270 500 Taxation 200 240 470 740 Non-current liabilities Loans 200 160 Total liabilities 670 900 Net assets 1660 1940