MEDTECH (PTY) LTD Consolidated Statement of Profit or Loss for the year ended 31 December 2022 2022 2021 A'm Rim Revenue 820 771 Cost of sales 537 495 Gross profit 283 276 Operating expenses 125 115 Operating profit 158 161 Finance costs 11 11 Profit before tax 147 150 Tax 25 23 Profit for year 122 127 MEDTECH (PTY) LTD Consolidated Statement of Financial Position at 31 December 2022 2022 2021 R'm R'm Non-Current Assets 229 218 Property, plant and equipment 141 136 Intangible assets 88 82 Current Assets 767 666 Inventory 350 300 Trade receivables 350 300 Bank 67 66 Total Assets 996 BE4 Equity 704 Share capital 100 100 Retained earnings 704 604 Non-Current Liabilities 100 100 Bank loans 100 100 Current Liabilities 92 BO Trade payables 51 47 Deferred tax 41 30 Total Equity and Liabilities 996