Balance sheet as at 31 December 2009 Non-current assets 20,000 Current assets Inventories 5,000 Trade receivables 3,000 Investments 1,500 Cash and bank 500 Current liabilities Bank overdraft 1,650 Trade payables 6,000 Taxation 1,000 Dividend (proposed) 200 Non-current liabilities Loan 1,000 Equity Ordinary shares 4,000 Share premium 4,650 Retained earnings 11,500 The total assets less current liabilities are