Following are the March 31, 2016 and 2017 balance sheets and 2017 income statement for Espanair SA, an airline headquartered in Seville, Spain

Following are the March 31, 2016 and 2017 balance sheets and 2017 income statement for Espanair SA, an airline headquartered in Seville, Spain. The financial statements are prepared according to IASB accounting standards: 1. Espanair SA Consolidated Balance Sheet At March 31, 2016 2017 EM Non-current assets Property, plant and equipment Intangible assets Investments Total non-current assets Current assets Inventories Other assets Trade receivables Financial assets: cash > 3 months Cash and cash equivalents 5,471 47 926 6,443 6,262 47 6,397 139 60 4,356 1,185 5,742 149 3,344 1,259 4,821 Total current assets Total assets 11.21812185 Non-current liabilities Provisions for legal obligations Deferred taxes Non-current maturities of debt Total non-current liabilities Current liabilities Trade payables Accrued expenses and other liabilities1,804 Dividends payble Current maturities of debt 149 529 3,573 4,251 181 591 4,032 4,804 197 1,547 391 1,212 3,347 231 329 1,006 3,370 Total current liabilities Shareholders' equity 9 720 3,306 10 Issued share capital Share premium account Retained earnings 2,857 5974,035 3,597 Shareholders' equity Total liabilities and shareholders' equity 11,218 12,185