Besla Energy Corporation has produced the following summarised financial statements and key indicators, in order for potential investors and lenders to perform an evaluation of the past year performance of the company.

Required:

a) Critically evaluate Besla Energy's financial performance over the 2020 to 2021 period, using the categories of ratios provided.

b) Other issues for management to consider that you think are vital for them to sustain profitability, in relation to both internal and external business environments.

Besla Energy Corporation Income statement for the year ended 31 December 2021 Besla Energy Corporation Statement of Financial Position as at 31 December 2021