Income Statement 2021 2020 Sales Cost of sales Gross profit 890m 560m (750)m (448)m 140m 112m Operating expenses Operating profit (69)m 71m (60)m 52m Interest payable Profit after interest (9)m 62m (4)m 48m Statement of Financial Position 2021 2020 Non-Current Assets 124m 106m Current assets Inventories Trade receivables Cash at bank 59m 48m 12m 45m 51m 2m 119m 98m Total assets 243m 204m Equity and liabilities Share capital Retained profits 100m 88m 100m 26m 188m 126m Current liabilities Trade payables 50m 55m 50m 55m Non-Current liabilities Bank Loan 5m 23m 5m 23m Total equity and liabilities 243m 204m Organisation and layout of Presentation Slides: 4 Marks Bibliography and References: 6 marks Income Statement 2021 2020 Sales Cost of sales Gross profit 890m 560m (750)m (448)m 140m 112m Operating expenses Operating profit (69)m 71m (60)m 52m Interest payable Profit after interest (9)m 62m (4)m 48m Statement of Financial Position 2021 2020 Non-Current Assets 124m 106m Current assets Inventories Trade receivables Cash at bank 59m 48m 12m 45m 51m 2m 119m 98m Total assets 243m 204m Equity and liabilities Share capital Retained profits 100m 88m 100m 26m 188m 126m Current liabilities Trade payables 50m 55m 50m 55m Non-Current liabilities Bank Loan 5m 23m 5m 23m Total equity and liabilities 243m 204m Organisation and layout of Presentation Slides: 4 Marks Bibliography and References: 6 marks