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An extract from the financial statements for Deegan Technology Ltd for 2018 is provided as follows: 2018 2017 $m 1292.3 $m Non-current assets 1281.2 Current

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An extract from the financial statements for Deegan Technology Ltd for 2018 is provided as follows: 2018 2017 $m 1292.3 $m Non-current assets 1281.2 Current assets 1210.5 Total Assets 2491.7 1167.5 2459.8 853.5 Equity 947.6 Non-current liabilities 626.9 Current Liabilities 917.2 Total equity and 720.9 885.4 1: Equity 947.6 853.5 Non-current liabilities 626.9 720.9 Current Liabilities 917.2 885.4 Total equity and liabilities 2491.7 2459.8 Required:- (a) Comment on Deegan Technology Ltd's profitability and liquidity situation (b) Analyse and comment on Deegan Technology Ltd's financing structure for the 2017-18 period. (7+8=15marks)

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