A) The following table shows the summary balance sheet of a company for the years 2022 & 2021 (Amounts are in ). Perform a horizontal analysis of the balance sheets for the year 2022 with a base year in 2021.

ASSETS	2022	2021
Total current assets	239.530	191.484
Total fixed assets	1.062.058	1.024.227
Total Assets	1.301.588	1.215.711
LIABILITIES AND EQUITY
Total current liabilities	323.447	301.724
Total long-term liabilities	500.223	415.337
Total Liabilities	823.670	717.061
Total Liabilities and Equity	1.301.588	1.215.711

B) Perform a vertical analysis (common size) of the results (amounts in euros) of the company for the years 2022 and 2021.

	2022	2021
Sales revenue	395.178	433.164
Operating expenses	(387.179)	(372.240)
Profit from the sale of rights	23.649	6.991
Operating Profit	31.648	67.915
Financial expenses	(35.419)	(27.668)
Financial income	204	256
Net financial expenses	(35.215)	(27.412)
(Loss)/Profit from continuing operations before tax	(3.567)	40.503
Credit (debit) taxes	2.672	(16.668)
Net profit (loss) for the year	(895)	23.835

C) Calculate the following ratios for the years 2022 and 2021, if you know that the company's outstanding shares are 160.000 (rounded to the 2nd decimal place).

i. General liquidity ii. Asset turnover iii. Operating profit margin iv. Net working capital (amount) v. Net profit margin vi. Return on equity vii. Liabilities to equity viii. Equity to total funds xi. Earnings per share

D) Make a concise (25 lines) but critical assessment of the course of the finances of the company based on the year-on-year analysis of the ratios.