Below are the key figures for the company Ivankovic over the last five years.State your views in 250-300 words.

Exercise 1 2 4 1 100.0 200.0 3 120.0 250.0 44.0 130.0 280.0 5 140.0 315.0 38.0 48.0 52.0 Fixed assets Working capital EBITDA Depreciation and amortization Financial expense Income tax expense Dividends 110.0 225.0 40.0 10.0 15.0 7.5 5.0 11.0 12.0 17.0 10.0 14.0 7.0 5.0 19.0 13.0 22.0 8.5 8.0 8.0 5.0 6.0 6.0 2 3 4 5 17.5 19.0 21.0 21.5 25.0 30.0 35.0 25.0 -7.5 -6.0 -9.0 -13.5 Cash flow statement Cash flow Change in working capital Cash flow from operating activities (A) Capital expenditures (B) Capital increase (C) Dividends (D) 20.0 21.0 22.0 23.0 5.0 5.0 5.0 6.0 (A)-(B)+(C)-(D)=Net decrease in debt -32.5 -32.0 -36.0 -42.5