analyse the cash flow statement of the company

Analyse the cash flow of the company

EXHIBIT 1: INCOME STATEMENT, APRIL 1 TO MARCH 31 (IN # THOUSANDS) 2012-13 2013-14 2014-15 Sales Cash 200 480 800 Credit 1,800 4,320 7,200 Total sales 2,000 4,800 8,000 Cost of goods sold 1,240 2,832 4,800 Gross profit 760 1,968 3,200 Operating expenses: General, administration, and selling expenses 80 450 1,000 Depreciation 100 400 660 Interest expenses (on borrowings) 60 158 340 Profit before tax (PBT) 520 960 1,200 Tax @ 30% 156 288 360 Profit after tax (PAT) 364 672 840 Source: Company's audited financial statement. EXHIBIT 2: BALANCE SHEET (IN # THOUSANDS) 2012-13 2013-14 2014-15 Assets Fixed assets (net of depreciation) 1,900 2,500 4,700 Current assets Cash and cash equivalents 40 100 106 Accounts receivable 300 1,500 2,100 Inventories 320 1,500 2,250 Total 2,560 5,600 9,156 Equity & Liabilities Equity share capital (shares of