the financial statements of voyager productions ltd are shown below 592007

Calculation of Ratios) The financial statements of Voyager Productions Ltd. are shown below:

Voyager Productions Ltd.
Statement of Comprehensive Income for the Year Ended December 31 (in $millions)

	2012	2011
Turnover	$141.1	$138.4
Cost of sales	58.9	54.9
Gross profit	82.2	83.5
Selling & administrative costs	55.0	54.0
Operating profit	27.2	29.5
Interest payable	6.1	7.5
Profit before taxes	21.1	22.0
Tax on profit	7.3	5.7
Profit after taxes	13.8	16.3
Dividends	8.0	8.0
Retained profit	$5.8	$8.3

Voyager Productions Ltd.
Statement of Financial Position as at December 31 (in $millions)

	2012	2011
Non current assets
Tangible assets	$266.7	$265.3
Current assets
Inventory	5.3	5.8
Accounts receivable	15.7	20.9
Other receivables & prepayments	2.4	2.0
Bank	4.9	6.3
	28.3	35.0
Total Assets	295.0	300.3
Voyager Productions
Statement of Financial Position as at December 31 (in $millions)
Non current liabilities
Long term loans	96.7	146.1
Current liabilities
Accounts payable	66.8	216
Total Liabilities	163.5	173.7
Net Assets	$131.5	$126.6
Equity
Share capital	81.9	82.8
Retained earnings	49.6	43.8
Shareholders” Funds	$131.5	$126.6

Calculate the following ratios: