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Income Statement FY 2 0 FY 2 1 Sales 1 1 , 1 0 7 , 0 0 0 , 0 0 0 1 2

Income Statement
FY20
FY21
Sales
11,107,000,000
12,485,000,000
Cost of Goods Sold
4,999,000,000
5,619,000,000
Other Expenses
4,443,000,000
4,994,000,000
Depreciation
889,000,000
1,000,000,000
Earnings Before Int. & Tax
776,000,000
872,000,000
Interest Expense
445,000,000
501,000,000
Taxable Income
331,000,000
371,000,000
Taxes (25%)
82,750,000
92,750,000
Net Income
248,250,000
278,250,000
Dividends
0
0
Add. to Retained Earnings
248,250,000
278,250,000
Calculate the change in the net working capital during fy21

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