Interest payable on long and short- term loans is accrued at 10% per annum. Short-term loan repayments to be made are $2, 500, 000 at the end of October 2019 and $2,500,000 at the end of January 2020. A half-year interest of $8,000,000 is payable in January 2020.
Depreciation (a manufacturing cost) runs at $700,000 a month and the cost of sales is 70% of sales. Materials used during September 2019 and October 2019 are expected to be $11,000,000 for each month. The corporation tax on profits can be calculated at 50%. A corporation tax of $5,000,000 is expected to be paid in December.