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BALANCE SHEET 31/12/2017 31/12/2018 31/12/2019 31/12/2020 Current Assets 419,475 512,396 536,741 538,909 Inventory 654,683 580,143 569,976 561,675 Investments 4,324 8,249 6,372 7,629 Fixed Assets 2,805,595

BALANCE SHEET

31/12/2017

31/12/2018

31/12/2019

31/12/2020

Current Assets

419,475

512,396

536,741

538,909

Inventory

654,683

580,143

569,976

561,675

Investments

4,324

8,249

6,372

7,629

Fixed Assets

2,805,595

2,664,531

2,648,622

2,596,678

Other Assets

210,072

197,214

182,246

170,748

Total Assets

4,094,149

3,962,533

3,943,957

3,875,639

Current Liabilities

1,412,289

1,686,217

1,243,142

1,315,142

Non-Current Liabilities

1,256,543

830,063

1,260,337

1,082,219

Other Liabilities

-

-

-

-

ShareholdersEquity

1,425,317

1,446,253

1,440,478

1,478,278

Total Liabilities and Shareholder Equity

4,094,149

3,962,533

3,943,957

3,875,639

Minority Interests

-

-

-

-

All figures are in

Thousands

Thousands

Thousands

Thousands

STATEMENT OF INCOME

31/12/2017

31/12/2018

31/12/2019

31/12/2020

Sales

2,032,483

2,096,026

2,225,256

2,303,059

Sales Cost

1,301,399

1,320,946

1,380,659

1,577,220

Total Income

731,084

775,080

844,597

725,839

Other Revenues

-

-

-

-

Total Revenues

731,084

775,080

844,597

725,839

Admin and Marketing Expenses

572,601

674,567

615,981

618,679

Depreciation

76,407

44,322

43,621

43,021

Other Expenses

44,371

51,516

187,379

22,769

Total Expenses

693,379

770,405

846,981

684,469

Net Income Before Zakat

37,705

4,675

-2,384

41,370

Zakat

-2,236

2,934

4,914

5,716

Net Income

39,941

1,741

-7,298

35,654

Balance First Period

361,952

397,899

399,466

392,168

Reserves

3,994

174

-

3,565

Cash Dividends

-

-

-

-

Other Distributions

-

-

-

169,338

Balance End Period

397,899

399,466

392,168

254,919

All figures are in

Thousands

Thousands

Thousands

Thousands

According 3 of the latest annual financial statements (balance sheet and income statement), find the company valuation of the common equity, knowing that the company is perpetual??

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