This question requires an analysis of financial statements from annual reports of companies. Complete the analysis by incorporating the three dimensions of ratios which are liquidity, profitability, and solvency.

Required:

a) Calculate the financial ratios for the year 2020. Calculate all/relevant ratios (8 ratio). (Use the financial information from CONSOLIDATED financial statements).

pg. 66 Consolidated Statement of Financial Position As at 31 December 2020 Note 2020 RM 2019 RM ASSETS NON-CURRENT ASSETS 11 373,605,154 348,472,707 12 Property, plant and equipment Right-of-use assets Goodwill arising on consolidation Equity instruments classified as FVOCI 13 5,106,469 102,424 6,740 5,127,342 102,424 8,455 15 26 158,021 Deferred tax assets Prepayment for purchase of property, plant and equipment 448,699 3,720,849 18 0 382,990,335 353,868,949 CURRENT ASSETS 16 55,691,491 56,854,079 17 46,612,475 Biological assets Inventories Trade and other receivables Tax recoverable 18 48,195,713 53,401,183 5,761,800 44,918,529 62,517,609 1,594,218 41,101,083 Cash and bank balances 19 207,968,716 208,679,464 TOTAL ASSETS 590,959,051 562,548,413 EQUITY AND LIABILITIES EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY Share capital 20 60,011,036 60,001,654 Treasury shares 21 Other reserves 22 (8,345,642) (25,043,907) 281,412,693 (8,345,642) (25,188,738) 280,162,795 Retained earnings TOTAL EQUITY 308,034,180 306,630,069 Pg. 67 Consolidated Statement of Financial Position (Continued) As at 31 December 2020 Note 2020 RM 2019 RM LIABILITIES NON-CURRENT LIABILITIES 23 45,322,688 24 Bank borrowings Hire purchase payables Lease liabilities Deferred tax liabilities 52,178,042 9,245,774 3,341,633 33,444,068 25 12,910,416 3,354,458 33,139,428 26 98,209,517 94,726,990 CURRENT LIABILITIES 27 58,424,649 54,577,784 122,010,629 23 Trade and other payables Bank borrowings Hire purchase payables Lease liabilities Tax payable 94,313,230 7,548,626 24 6,354,451 25 172,116 232,150 1,540,340 732,733 184,715,354 161,191,354 TOTAL LIABILITIES 282,924,871 255,918,344 TOTAL EQUITY AND LIABILITIES 590,959,051 562,548,413