ABC ltd is a publicly listed company. Details of its statements of financial position as at 31 March 2023 and 2022 are shown below together with other relevant information:

Statement of financial position as of 31 March 2023 31 March 2022

Non-current assets (note (i) $m $m $m $m

Property, plant and equipment 880 760

Intangible assets 400 510

1,280 1,270

Current assets

Inventory 350 420

Trade receivables 808 372

Interest receivable 5 3

Short term deposits 32 120

Bank 15 1,210 75 990 Total assets 2,490 2,260

Share capital and reserves

Ordinary shares of $1 each 300 200 Reserves Share premium 60 nil Revaluation reserve 112 45 Retained earnings 1,098 1,270 1,165 1,210 1,570 1,410

Non-current liabilities 12% loan note 150 8% variable rate loan note 160 nil Deferred tax 90 250 75 225

Current liabilities Trade payables 530 515 Bank overdraft 125 Taxation 15 110

670 625

Total equity and liabilities 2,490 2,260