The following supporting information is available: i. Details relating to the non-current assets are: Property, plant and equipment at: 31 March 2023 31 March 2022 Cost/Valuation Depreciation Carrying value Cost/ Valuation Depreciation Carrying value $m $m $m $m $m $m Land and buildings 600 12 588 500 80 420 Plant 440 148 292 445 105 340 880 760 ABC revalued the carrying value of its land and buildings by an increase of $70 million on 1 April 2022. On 31 March 2023 ABC transferred $3 million from the revaluation reserve to retained earnings representing the realization of the revaluation reserve due to the depreciation of buildings. - During the year ABC acquired new plant at a cost of $60 million and sold some old plant for $15 million at a loss of $12 million. - There were no acquisitions or disposals of intangible assets. ii. The following extract is from the draft statement of profit or loss for the year to 31 March 2023: $m $m Operating loss (32) Interest receivable 12 Finance costs (24) Loss before tax (44) Income tax repayment claim 14 Deferred tax charge (15) (1) Loss for the period (45) Note The finance costs are made up of: Interest expenses (18) Penalty cost for early redemption of fixed rate (6) Loan (24) iii. The short-term deposits meet the definition of cash equivalents. iv. Dividends of $25 million were paid during the year