Draw up the statement of changes in equity for the year ended 31 December 2024. A total column must be shown.
Calculate, to two decimal places, the return on capital employed for the year 2024.
Calculate, to two decimal places, the gearing ratio for both the years 2023 and 2024.
Comment on the gearing ratio using the calculations in (c)(i).
Calculate the proposed final dividend per share for 2024.
Explain why the directors want to raise the dividend cover for 2024.
Comment on the company’s 2024 price/earnings (PE) ratio compared with the company’s PE ratio in 2023. Support your answer with calculations.