Discuss how the insurance company might use a range of financial ratios to assess the performance of the business. Use calculations of ratios to relate to liquidity, profitability, efficiency an d gearing. For each these four areas provide an example of a financial ratio and how it would be calculated

	Restated 2019 Rs 000
Operating Profit	R393,821
Profit/Loss for the year	R338,578
Revenue	R7,286,739
Total Assets	R47,638,787
Non-current assets	R41,778,789
Current Assets	R5,859,998
Current Liabilities	R664,558
Non-current liabilities	R147,368
Total liabilities	R811,926
Equity	R1,279,599
Equity and liabilities	R47,638,787
Earnings per share	R128.63
No. of shares	2,632,210
Value per share	R10