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JAMAICA PRODUCERS GROUP LIMITED Group Balance Sheet December 31, 2020 Notes 2020 S 000 2019 S'000 UU 4 5 6 1.127,084 1,091,990 7,645,526 2,894,684 38,133 979,484 13.776.901 1,407,847 239,240 5,380,567 2,949,230 23,696 978.925 10.979.505 2 7 8 20 21(b) 3,919,950 135,508 712,762 184.088 4.952 308 8824.592 3,903,231 191,714 899,690 192.221 5.186.856 . _5.792.649 55,880 CURRENT ASSETS Cash and cash equivalents Short-term investments Securities purchased under resale agreements Accounts receivable Taxation recoverable Inventories Total current assets CURRENT LIABILITIES Accounts payable Taxation Loans and borrowings Lease liabilities Total current liabilities WORKING CAPITAL NON-CURRENT ASSETS Biological assets Interest in associates Investments Intangible assets Deferred tax asset Property, plant and equipment Investment property Employee benefit asset Right of use of assets Total non-current assets Total assets less current liabilities EQUITY Share capital Reserves Attributable to equity holders of the parent NON-CONTROLLING INTEREST Total equity NON-CURRENT LIABILITIES Deferred tax liability Loans and borrowings Employee benefit obligations Lease liabilities ನ ನ ನ ಪ ಸ೦ 591,325 1,466,364 14,011 22,306,664 560,701 1,549,850 626.304 27.181.099 36,006,692 68,318 733,754 108,079 1,486,347 7.929 21,839,445 568,619 2,071,885 740.007 27 624 383 33 417.032 17(a) 21 i)(a) 18 19 112,214 16019 886 16,132,100 14,799,759 30.931.859 112,214 13,724,240 13,836,454 13.760 645 27,597 099 11 14 20 17(b) 21(b) 1,313,920 2.898,428 384,517 476.968 5.073,833 36 005 692 1,410,804 3,493,519 370,149 545.461 5.819.933 33,417.032 Total equity and non-current liabilities

JAMAICA PRODUCERS GROUP LIMITED Group Profit and Loss Account Year ended December 31, 2020 Notes 2020 S 000 2019 $'000 22 23 21,464,068 14.702.854) 23 6,761,214 322,392 3,369,330 3,714,276 Gross operating revenue Cost of operating revenue Gross profit Other income and expenses Selling, administration and other operating expenses Profit from operations Gain on disposal of interest in associate Share of profits in associates Profit before finance cost and taxation Finance cost Profit before taxation Taxation charge Profit for the year Attributable to: Parent company stockholders Non-controlling interest 20,998,982 15.488.280) 5,510,702 382,821 3.260,099 2,633,430 1.871,349 4.084 4,508,863 293.400 4,215,463 478,050) 3.77.412 24 26,821 3,741,097 3074152) 3,433,944 701,993 2.781.951 25 2,167,593 1.569.820 3.737.412 1,204,338 1.527.612 11 2.7311.951 Dealt with in the financial statements of The company Subsidiary companies Associated companies 10(5) 471,955 1.700,806 5,168 2.167 593 14,446 1,176,799 13 093 1,204338 26 193.17 Profit per ordinary stock unit: Based on stock units in issue (cents) Excluding stock units held by ESOP (cents) 107.32 115.22 207.11

1. Assess the company's level of liquidity and comment on its ability to meet its short-term financial obligations using the following ratios (Total 15 marks) (2 marks per ratio; analysis - 5 marks): a. Current Ratio b. Acid-Test or Quick Ratio c. Average collection period d. Accounts Receivable Turnover ratio e. Inventory Turnover Ratio 2. Analyze the company's profitability and its ability to generate sufficient operating profit by using the following ratios (Total 13 marks) (2 marks per ratio; analysis - 5 marks): a. Gross Profit Margin b. Operating Profit Margin c. Operating income return on investments (ROI) d. Net Profit Margin 3. Evaluate the company's solvency and capital structure using leverage ratios and interpret your findings using the following ratios (Total 15 marks) (2 marks per ratio, analysis - 5 marks): a. Debt Ratio b. Equity Ratio c. Debt to Equity Ratio d. Long term debt to total capitalization e. Times Interest Earned Ratio

4. Comment on the company's ability to utilize its assets and manage its liabilities effectively using the following efficiency ratios (Total 11 marks) (2 marks per ratio; analysis - 5 marks): a. Total Asset Turnover b. Accounts Payable Turnover c. Return on Total Assets (ROA) 5. Assess whether ordinary shareholders are receiving sufficient returns on their investments and evaluate investors' confidence in the company's stock using the following ratios (Total 11 marks) (2 marks per ratio; analysis – 5 marks): a. Returns on ordinary equity (ROE) b. Price Earnings Ratio c. Dividend Yield