Aulia' Valley Co. Is a limited liability company, manufacturers various heating and spa products which it sells to both High Street and catalogue retailers. The balance sheets for the year ended 2017 and 2018 are set out below. Last year, materiality level was set as RM 10,000. 2017 2018 RM 000 RM 000 RM 000 RM 000 Non-current assets Tangible non-current asset 20 21 Investment 2 2 Current Assets Cash in hand 1 1 Cash at bank 12 34 Receivables 78 136 Inventory 52 179 143 350 Total assets 165 373 Long term liabilities Long Term Fixed Deposit 20 25 Provision 20 Current liabilities Trade payables 121 133 Bank Loan 5 5 126 138 Capital and reserves Shares capital 2 2 Profit and loss account (3) 208 Total Liabilities 165 373 *** Peruntukan RM 20,000 terdiri daripada peruntukan jaminan. *** The provision of RM 20,000 consists entirely of a warranty provision