Question 2 The following information are extracted from the financial statements of Zarelo Holdings Ltd, a player in the manufacturing sector. Specifically, Zarelo manufactures Secure Digital (SD) card for computers of different brands. Zarelo Holdings Income Statement for the year ended 31 December 2020 and 2021 2020 RM' mil 2021 RM 'mil Revenue 207 153 Cost of sales (101) (76) Gross profit 106 77 Distribution expenses (22) (20) Administrative expenses (20) (28) Operating profit 64 29 Interest payable (4) (4) Profit before taxation 60 25 Taxation (16) (6) Profit for the year 44 19 Statement of financial position as at 31 December 2021 2020 RM'mil 2021 RM'mil Non-current Assets Property, plant and equipment Land and buildings Plant and machinery Current assets Inventory Trade receivables Cash at bank Total Assets g #eng| 110 130 62 56 172 186 24 25 26 25 19 69 50 241 236 Non-current liabilities Borrowings- loan note (10%) 40 40 Current liabilities Borrowings (all bank overdraft) Trade payables Taxation 2 37 34 007 8 3 45 39