analyse the project appraisal

Extracts from Smile's annual report Statement of profit and loss and other comprehensive income for the year ended 31 Aug 202331 Aug 2022 Revenue Cost of sales Gross profit Selling and administration expenses Operating profit Finance cost (Intereot) Profit before tax Tax Profit for the year Other comprehensive income Revaluation gains Total comprehensive income Statement of financial position as at Rs00031Aug2023Rs000Rs00031Aug2022Rs000 Assets Rs000 nit 04.001 Non-current assets Property, plant \& equipment Patents 6,1137,1131,000 3631,551224 Total assets Equity \& llabilities Equity Share capital Share premium Retained eamings Non-current liabilities Loans Current liabilities Trade payables Tax payable 6261,926 1.926 5,6521,0006,652 \begin{tabular}{r} 308 \\ 2.138 \\ 1,489 \\ 237 \\ \hline \end{tabular} 9,251 \begin{tabular}{rr} 2,000 & 2,000 \\ 600 & 600 \\ 2.599 & 2,742 \\ \hline 5,199 & 5,342 \end{tabular} 1,500 1,200 \begin{tabular}{l} 2.034 \\ 8.686 \\ \hline \end{tabular} 8,686 \begin{tabular}{r} 2,000 \\ 600 \\ 2.742 \\ \hline 5,342 \\ 1,200 \end{tabular} 2,144 8,686