The following financial statements relate to BI for the year ended 31 May 20X7: Statement of financial positions as at 31 May 20X7 Sm Sm 20x6 Sm Sm Non-current assets: Property, plant and equipment Intangible 572 496 30 40 602 536 Current assets: Inventory Receivables 140 130 155 110 Investments Cash at bank 95 7 20 3 372 288 974 824 Equity: $1 Equity shares 230 200 Share premium 45 35 Revaluation surplus 22 12 Retained earnings 166 147 463 394 Non-current liabilities: Lease liability Loans Government grants Deferred tax Warranty provision 30 588 60 75 67 26 262 258 Current liabilities: Bank overdraft Trade payables 210 20 111 Lease liability 5 3 Income tax 14 10 Interest payable 2 8 Government grant 10 20 249 172 974 824