Calculate the following ratios c. Current Ratio d. Liquid ratio.

PAGE 5 PACKAGING COMPANY LIMITED SAOG STATEMENT OF FINANCIAL POSITION AS AT 31ST DECEMBER 2020, Note 2020 RO. 2019 RO. ASSETS NON-CURRENT ASSET Property, plant and equipment 3 4,989,072 5,434,159 CURRENT ASSETS Inventories Trade and other receivables Other assets Cash and cash equivalent 4 5 6 7 2,064,424 3,098,606 139,190 30,869 5,333,089 2,547,002 3,049,804 10.823 284,480 5,892,109 TOTAL ASSETS 10,322,161 11,326,268 EQUITY AND LIABILITIES MEMBERS' FUNDS Share capital Share premium Legal reserve General reserve Revaluation reserve Accumulated profits Equity funds 3,000,000 90,811 514,292 53,378 649,245 365,157 4,672,883 3,000,000 90.811 481,916 53,378 649,245 73,769 4,349,119 NON-CURRENT LIABILITIES Long term bank borrowing Deferred tax liability Staff end of service gratuity 9 22 d) 20 c) 260,688 115,065 375,753 92,974 251,763 93,431 438,168 CURRENT LIABILITIES Short term bank borrowings Trade and other payables Contract liability Loan from a related party Amount due to a related party Current tax payable 10 11 12 13 13 22 b) 2,682,547 2,354,363 14,141 100,000 74,000 48,474 5,273,525 4,072,072 2,291,921 6,288 93,700 75,000 6,538,981 TOTAL EQUITY AND LIABILITIES 10.322,161 11,326,268 The accompanying notes form an integral part of these financial statements. The report of the independent auditor is set forth on pages 1 to 4. These financial statements have been approved and authorised for issue by the Board of Directors on 19th January 2021. For PACKAGING COMPANY LIMITED SAOG CHAIRMAN DIRECTOR