Extracts from the financial statements of Kafka, a limited liability company, are given below:
                                           Balance sheet I                       ncome statement
                                          as at 30 June 2006                  for the year ended 30 June 2006
                                                                           $m                                                          $m
Non-current assets                                             15
Current assets                                                    14           Operating profit                         8
                                                                         –––
                                                                           29             Finance costs                         (2)
                                                                         –––                                                    –––
Ordinary share capital                                       10                rofit for year                         6
                                                                                                                                         –––
Share premium account                                      3
Retained earnings                                               7
                                                                        –––
                                                                          20
10% Loan notes                                                  5
Current liabilities                                                  4
                                                                        –––
                                                                          29
                                                                        –––

B