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| Assets | 2018 | 2017 |
| Noun-current Asset: Property , plant, and equipment | 995,510 | 1,011,694 |
| Available for sale investments | 176,495 | 197,069 |
| Total non non-current assets | 1,172,005 | 1,208,763 |
| Current Asset: | | |
| Investment | 16,902 | 16,902 |
| Trade receivables | _ | _ |
| Amounts due from related parties | 442 | 442 |
| Cash at bank and on hand | _ | _ |
| Total current asset | 17,334 | 17,334 |
| Total assets | 1,189,349 | 1,226,107 |
| Equity and liabilities | | |
| Shareholders equity: | | |
| Share capital | 1,000,000 | 1,000,000 |
| Legal reserve | 1,191 | 1,191 |
| Accumulated losses | (3,357,038) | (3,124,801) |
| Fair value reserve | 105,969 | 126,543 |
| Total Shareholders equity | (2,249,878) | (1,997,076) |
| Current Liability : | | |
| Borrowings | 3,135,310 | 2,904,036 |
| trade and other payables | 104,609 | 108,389 |
| Amounts due to related parties | 199,204 | 210,749 |
| Total current liabilities | 3,439,123 | 3,223,174 |
| Total equity and liabilities | 1,189,245 | 1,226,107 |
| NET ASSETS VALUE PER SHARE | (2.250) | (1.997) |
| | 2018 | 2017 |
| Income | | |
| Other operating income | 54,052 | 50,262 |
| EXPENSES: | | |
| General and administrative | (47,019) | |
| expenses | | (94,088) |
| Finance costs | (239,270) | (216,326) |
| Total expenses | (286,289) | ((260,152)) |
| Loss before taxation | (232,237) | (260,152) |
| Income tax expense | | |
| Loss for the year | | |
| Other comprehensive income: | | |
| Change in fair value of available for sale Investments | (20,574) | 15,294 |
| TOTAL COMPREHENSIVE LOSS FOR THE YEAR | (252,811) | (244,858) |
| LOSS PER SHARE | (0/232) | (0/260) |
Risk Analysis:
Quick Ratio (Acid Test Ratio).
Working capital Activity ratio.
Long-Term Solvency Risk- Debt Ratios:
L.T. Debt Ratio.
Debt/Equity Ratio.
L.T. Debt/Asset Ratio.
Multiple Discriminant Analysis:
Altman's Z-Score.
Answer & Explanation
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