Table 2.1 Income Statement ($mn) HVN JBH Item 2019 2020 2019 2020 Revenue 3414.923 3539.386 7097.7 7922.5 Operating Expenses 2721.92 2599.925 6669.4 7364.4 EBITDA 693.003 939.461 428.3 558.1 Depreciation and Amortisation 85.259 223.591 54.7 54 EBIT 607.744 715.87 373.6 504.1 Net Interest Expense 23.52 53.406 14.3 36.4 Pre-tax Profit 584.224 662.464 359.3 467.7 Tax Expense 165.557 175.265 109.5 151.5 Net Profit after Tax 418.667 487.199 249.8 316.2 Table 2.2 Balance Sheet HVN JBH Item 2019 2020 2019 2020 Cash 215.048 313.195 119.2 251.5 Receivables 741.862 511.579 236 220.3 Prepaid Expenses 29.901 30.723 30 30.8 Inventories 395.965 391.984 886.7 739.3 Investments 28.888 30.237 0 0 Other 44.676 20.613 4.6 3.9 Total Current Assets 1456.34 1298.331 1276.5 1245.8 Properties, Plants & Equipment 696.207 1176.671 191.5 814.5 Intangibles (ExGW) 64.631 63.003 290.3 284.4 Goodwill 0 0 747 747 Future Tax Benefit 0 3.227 2.7 22.2 Other 0 0 40.8 38.4 Total Non-Current Asset 3342.404 4530.271 1272.3 1906.5 Total Assets 4798.744 5828.602 2548.8 3152.3 Account Payable 283.682 351.772 656.9 854.1 Short-Term Debt 494.53 233.121 0 164 Provisions 45.077 104.41 99 131.2 Other 75.819 96.141 171.2 196.6 Total Current Liabilities 899.108 785.444 927.1 1345.9 Long-Term Debt 346.942 1237.807 439.1 577.6 Provisions 343.571 327.163 15.2 41.5 Other 11.33 0.863 123.3 81.6 Total Non-Current Liabilities 701.843 1565.833 577.6 700.7 Total Liabilities Share Capital Reserves Retained Earnings 2511.58 Outside Equity Total Equity 30.983 3477.325 1600.951 2351.277 1504.7 2046.6 552.25 717.925 434.8 217.724 216.837 53.7 2397.436 30.383 3197.793 403.2 66.8 555.6 635.7 0 0 1044.1 1105.7 Total Liabilities & Equities 4798.744 5828.602 2548.8 3152.3