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Extract of Statement of Financial Position as at 31 December: Non-current assets Inventories Trade receivables Cash and cash equivalents Ordinary share capital Accumulated profit Non-current
Extract of Statement of Financial Position as at 31 December: Non-current assets Inventories Trade receivables Cash and cash equivalents Ordinary share capital Accumulated profit Non-current liabilities Trade payables 2022 (R) 2 300 000 500 000 600 000 400 000 3 800 000 2 200 000 900 000 500 000 200 000 3 800 000 2021 (R) 1 900 000 460 000 500 000 340 000 3 200 000 2 000 000 500 000 400 000 300 000 3 200 000 Note: Purchases of inventories for the financial year ended 31 December 2022 amounted to R1 240 000, of which 90% was on credit. Creditors grant credit terms of 60 days.
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