you are an intern working in Salam Berhad. Salam is interested to invest money in either Top Glove Berhad or Hartatelaga Berhad. Your manager has recently asked to interpret the financial statements of both companies for the financial year 2020. You are required to produce a report, which focuses on specific aspects of financial performance and financial position of Top Glove and Hartatelaga, which are of particular interest your manager. Your report should contain the following:

1. Prepare the following ratio calculations based on the 2020 financial statements (use Group figures). The financial statements of both companies have been attached (please see below).

• Working capital trade receivables collection period, trade payables payment period and inventory turnover

Please use the following format to present your calculations (You are required to state the formula used clearly) & All the needed information are down below.

Ratio	Top Glove	Hartatelaga
For example: Gross profit margin: Gross profit/ Revenue x 100	2,000/50,000 x 100 = x%	5,000/15,000 x 100 = x%

26. Trade and other receivables 2020 RM'000 Group 2019 (Restated) RM'000 2018 (Restated) RM'000 Trade receivables Third parties 772,250 565,579 621,765 Less: Allowance for expected credit loss (1,146) (2,809) (3,707) Trade receivables, net 771,104 562,770 618,058 Other receivables Sundry receivables (Note 52) 19,440 255,842 250,695 Refundable deposits 8,261 14,011 8,962 27,701 269,853 259,657 Total trade and other receivables 798,805 832,623 877,715 Total trade and other receivables 798,805 832,623 877,715 Add: Cash and bank balances (Note 29) 1,208,559 165,782 165,197 Financial assets at amortised cost 2,007,364 998,405 1,042,912 Company 2020 RM'000 2019 RM'000 Other receivables Amounts due from subsidiaries Sundry receivables Total other receivables Total other receivables Add: Cash and bank balances (Note 29) Financial assets at amortised cost (a) Trade receivables 605,844 4,705 19 605,844 4,724 605,844 4,724 257,481 74 863,325 4,798 Trade receivables are non-interest bearing and are generally on 30 to 90 days (2019: 30 to 90 days) terms. Other credit terms are assessed and approved on a case-by-case basis. They are recognised at their original invoice amounts which represent their fair values on initial recognition. Ageing analysis of trade receivables The ageing analysis of the Group's trade receivables is as follows: Neither past due nor impaired 1 to 30 days past due not impaired 31 to 60 days past due not impaired 61 to 90 days past due not impaired 91 to 120 days past due not impaired More than 121 days past due not impaired Impaired Group 2020 2019 RM'000 RM'000 597,534 509,593 165,854 42,168 7,053 3,474 208 2,237 85 104 370 5,194 173,570 53,177 1,146 772,250 2,809 565,579 INTEGRATED ANNUAL REPORT 2020 217