The following are extracts from the statement of financial position of a company:

	$000	$000
Equity
Ordinary shares	8,000
Reserves	20,000
		28,000
Non-current liabilities
Bonds	4,000
Bank loans	6,200
Preference shares	2,000
		12,200
Current liabilities
Overdraft	1,000
Trade payables	1,500
		2,500
Total equity and liabilities		42,700

The ordinary shares have a nominal value of 50 cents per share and are trading at $5·00 per share. The preference shares have a nominal value of $1·00 per share and are trading at 80 cents per share. The bonds have a nominal value of $100 and are trading at $105 per bond.