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2. Additional information: 2.1 Riksha Limited was incorporated on 1 April 2019 with an authorised share capital of 80000 PV ordinary shares of R10 each and 50006,5% PV preference shares of R10 each. The company issued 75% of the recorded ordinary share capital during its first financial year, and the other 25% on 1 August 2021 . The preference share capital was issued during the previous financial year. 2.2 The following must still be provided for. - Depreciation on vehicles at 30% per annum on cost price - Depreciation on fumiture and equipment at 20% per annum according to the diminishing balance method - A final dividend on the preference shares - A final dividend of 25 cents per ordinary share - The estimated SA normal company income tax for the year, R25 145 - Interest on the long-term loan for the last 2 months of the financial year - Interest on the fixed deposit 2.3 The long-term loan was obtained from Sharp Bank on 1 April 2020 at 12% interest per annum. Fitty percent (50%) of the capltal amount of the loan must be repaid on 1 April 2022, and the remaining balance on 1 April 2024. The loan is secured by a mortgage over the land and buildings. 2.4 The fixed deposit was made on 1 April 2021 at DA Bank at 8,5\% interest per annum for a period of 3 years. 2.1 Calculate the retained earnings of Riksha Limited as at 31 March 2022. (71/2) 2.2 Prepare the statement of financial position of Riksha Limited as at 31 March 2022 to comply with the requirements of the Companies Act, No 71 of 2008, as amended, the Companies Regulations of 2011, and the IFRSs (comparative figures are not required). (21) 2.3 Prepare the note on property, plant and equipment of Riksha Limited for the year ended 31 March 2022 to comply with the requirements of the Companies Act, No 71 of 2008, as amended, the Companies Regulations of 2011, and the IFRSs (comparative figures are not required). (61/2) [35]

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