2.2 Financial Results  2.3 Working Capital In the year under review, the Group recorded a loss of P57.95  million, compared to P12.25 million in the previous year, while the  company recorded a loss of P8.21 million compared to P655 224  in the previous year. The Group loss was mainly attributable to a write-down of  inventory to net realisable value amounting to P42.86 million, a  reduction in revenue and subvention from P35.23 million in the  previous year to P29.19 million in the year under review and a  reduction in bank interest income from P2.68 million in the  previous year to P643 523 in the year under review. The Government grant is the main source of revenue for the  company, making 90% of the total income during the year under  review. The other source of income for the company was  administration and management fees at P3.54 million.  Expenditure for the Group increased by P34.50 million (70%) from  P52.67 million in the previous year to P89.17 million during the  year under review, while income on the other hand declined by  P9.21 million (23%) from P40.42 million to P31.21 million during the  same period.  Expenditure for the company increased marginally by P194 208  from P42.22 million in the previous year to P42.41 million during  the year under review, while income on the other hand declined  by P7.36 million (18%) from P41.56 million to P34.20 million during  the same period.  The working capital position of the Group as at 31 March 2018  showed total current assets of P439.84 million and current liabilities of P47.34 million, giving a net current assets position of  P392.50 million, while that of the company showed current assets  of P16.76 million and current liabilities of P8.81 million, resulting in  a net current assets position of P7.86 million. The substantial net  current assets of the Group resulted from new inventories of  P408.22 million in the year under review.  In line with the strategic objectives of developing the science  park in Botswana, the company had identified several pieces of  land to be sold to prospective innovation developers and had  transferred these assets from investment properties to inventories.  Some of these plots are geographically located in Special  128 