Following statements of cash flows are related to the Sanken Enterprise PLC. Sanken Enterprises PLC Statement of Cash Flows Cash flows from operating activities Cash received from customers Cash paid to suppliers Other cash expenses paid Cash used in operating activities Interest paid Income taxes paid Net cash used in operating activities (Rs. 'Millions) 2019/2020 2018/2019 2,250 2,850 (2,200) (2,400) (1,200) (1,350) (1,150) (900) (150) (90) (100) (140) (1,400) (1,130) Cash flows from investing activities Purchase of property plant & equipment Net cash flows in investing activities (7,000) (7,000) 4,000 4,000 Cash flows from financing activities Proceeds from issue of shares Proceeds from the bank loan Dividend paid Net cash generated from financing activities Net increase in cash & cash equivalents Cash & cash equivalents as at 01.04.2019 Cash & cash equivalents as at 01.04.2020 7,000 2,500 (100) 9.400 1,000 5,620 6,620 1500 (250) 1,250 4,120 1,500 5.620 Assume you are the newly appointed Accountant of the Sanken Enterprises PLC. You need to analyze main headings in the cash flow statement of two years and examine cash inflows and outflows and discuss areas to be concerned. Then you are requested to write a brief report to the Director Finance about the cash position of the company