Non$-$Current Assets

Property plant and equipment

Laan to Old Limited@$16\%$

Current Assets

Inventary

Debtors

Prepaid

Interest receivable

Cash and Bank

Additional Information

Rs$.$ In mallion

Rs$.$ In maillion

von$-$Current Liabilities

oan From Bran Bank $($c$)12\%$

$50$

$65$

Currerat L$$cibilities

Creditiors

expense for the vear was RS$.40$ million

information was obtained

a$)$ The fair value of the plant was assessed at Rs$.78$ million and in order to sell the plant, a brokerage cost of $3$

million, transportation cost of Rs$.4$ million and site restoration cost of Rs$.9$ million will have to be paid

b$)$ The plant in its current condition is able to produce $500,000$ units p$.$a$.$ which will reduce by $5\%$ every year.

c$)$ The selling price for the products will be Rs$.150$ per unit and per unit cost is Rs$.80$

d$)$ Maintenance cost for the plant is Rs$\mathrm{.}7\mathrm{.}5$ million every year

e$)$ The effective interest rate is $10\%$

Another plant was disposed of at a loss of Rs$.5$ million

On June $30,2019$ YL paid Rs$.15$ million along with the interest due to Bran Bank. Interest of Rs$\mathrm{.}3\mathrm{.}9$ million was accrued at

the beginning of the year which is included in accrued expenses.

Additional loan of Rs$.25$ million was given to Old Limited on July $1,2019.$ There was no capital repayment from OL

Accrued expense include tax payable at the beginning of the year Rs$\mathrm{.}5\mathrm{.}1$ million and that of on year end was Rs$.8$ million.

Tax paid to the authorities amounted to Rs$.17\mathrm{.}1$ million

During the year, a dividend of Rs$.85$ million was paid

Required