You graduated with Masters in Corporate Governance and the best graduating student for that matter. As a General Manager of your firm did request for the financials of your reputable firm to advise current management on the Key Performing Indicators (KPIs) a Venture Capitalist would look out for before investing in your business in the possible future.

The table below is an extract from the financials of NABCO Finance Ltd for the years ended 2020 and 2021 respectively.

Details	2020 (GH)	2021 (GH)
Operating Income	351,800	414,000
Financial expense	100,000	94,000
Net impairment loss, gross loan portfolio	45,000	68,000
Operating expense	97,500	171,000

Gross loan portfolio	290,000	283,000
Delinquency + 1 month	15,000	31,000
Net subsidy	50,000	30,000
Interest rate on loans	18%	22%

Despite the covid-19 pandemic, the interest rate on loans keeps increasing.

Required:

1. Compute and explain your answers for both years using the following tools as follows. (12marks)
   1. Subsidy dependence
   2. Operational self-sufficiency
   3. Portfolio at risk