Tasks: 1. Explaln what the current ratio measures, calculate the current ratio for Naspers, and interpret their result. 2. Explaln what the quick (acid test) ratio measures, calculate the quick ratio for Naspers, and Interpret their result. 3. Explain what the net working capital ratio measures, calculate the net working capital ratio for Naspers, and interpret their result. 4. Explain what the debt ratio measures, calculate the debt ratio for Naspers, and interpret their result. 5. Explain what the debt to equity ratio measures, calculate the debt to equity ratio for Naspers, and interpret their result.

Here is Naspers' balance sheet for the year 2020/21: Summarised consolidated statement of financial position os at 31 March Related 2221 US 2020 USS Nato USS US 26 807 10 46130 545 2 186 825 566 160 1795 17 11 Assos Non-cumonassos Progeny, pont and equipment Good Other tongible et Inements in sociales moments in joint ventures Other investments and loons Other combies Devote inancial ruments Dolored baton Currentosos hvertory hode ocovables Other recevables and loons Darwch financial instruments Shon veten Cash and cash ounces 2 237 898 22 255 74 826 5 55 20 9512 260 139 542 21.750 3362 (6 846 27 234 8178 29 928 4184 231 3508 16 Equity and liabarties Capital and rosorvos olibutable to the group's equity holders Share capital and premium Other Ves Potoined coming Noncontrolling Interests Total que Noncuront licbilities Copelised lease abilities Uobilios - Internal bearing nonnect bearing Other noncontables Pestomployment medical liability Derective financial instruments Dolorod lodtion Current abilities Current portion o long bom dobe Trode poyables Accrved experees and other current liabilities Dividend payable Provisions Derivative financial instruments Bank overdos 29 194 932 (3 783) 32 015 1166 40 861 8647 240 7 860 7 48 216 22 32 229 4 309 110 395 3774 2 205 7 682 397 185 1 882 18 1 639 3758 7679 8 53 817 14 4060 4 303 9 304 205 36 319 17 2 201 2207 67 322 1711 1 13 Ascombed as held or sole Todos osos 1 10 2 38 9 4 309 32 23181 13 U os dolod as hold for solo Total equity and liabilities 53 817 36 31