PPC Limited $("$PPC$")$ is a Johannesburg Stock Exchange$-$listed company that supplies construction materials and solutions in Southern Africa. The company has over $11$ cement factories across SADC countries. Despite the slow growth in commercial construction activities, the company experienced revenue growth, mainly driven by demand from residential customers. However, the executive management remains concerned by electricity price increases, which are a significant component of the cost of sales. PPC operates for $300$ days in a year and has a $31^("$st $")$ of March financial year$-$end. The following financial statements of PPC are provided to you: EXTRACT FROM THE STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED $31$ MARCH $2025$ STATEMENT OF FINANCIAL POSITION AS AT $31$ MARCH $2025$ ASSETS Non$-$current assets Property, plant, and equipment Other non$-$current assets Total non$-$current assets Current assets Inventories Trade and other receivables Cash and cash equivalents Total current assets TOTAL ASSETS EQUITY AND LIABILITIES Capital and reserves Share capital Retained earnings Total equity Non$-$current liabilities Long$-$term borrowings Deferred tax Total non$-$current liabilities Current liabilities Trade payables Current tax payable Current provisions Total current liabilities TOTAL EQUITY AND LIABILITIES Additional information: The interest expense for the year ended $31$ March $2025$ was R$130$ million $(2024$: R$123$ million$).$ The prevailing company taxation rate is $27\%.$ The taxation expense for the year ended $31$ March $2025$ was R$230$ million $(2024$: R$150$ million$).$ The company has $10$ billion authorised shares of which $2$ billion are issued $($at R$2$ per share$).$ The market price per share as of $31$ March $2025$ was R$3(2024$: R$5).$ The dividend paid on $31$ March $2025$ was R$0,50(2024$: R$0,40).$ For each calculated ratio: Clearly show all the formulas used, Clearly show all your detailed calculations; Round all your final answers to two decimals, State whether there was an improvement or deterioration from $2024$ to $2025,$ Provide a relevant possible reason for the deterioration or improvement thereof, and $$ You must consider the scenario and financial information for providing these reasons.