How do I analyze the financial statements and make recommendations for the board?

EES. Middle East Profit & Loss Sales Cost of sales (direct labour and direct expenses) C Cost of sales (direct labour and direct expenses) % Gross margin E Gross margin % of sules Operating expenses E Operating expenses % of sales Finance expenses E Finance expenses % of sales Net profit Net profit % of sales All Local Taxes (15%) Profit after tax Profit after tax % Retained earnings for year ActualFY Yr-3 51.8% 22.6% 0.22% 25.33% 21.59% 6,845,000 3,545,832 3,299,168 1,548,634 15,400 1,735,134 260,270 1,474,864 1,474,864 ActualFY Yr-2 5,000, 150 2,800,500 50.0% 2,199,650 1,254,000 25.1% 0.32% 929,650 18.39% 16,000 15.30% 139,448 790,203 790,203 ActualFY Yr-1 3,851,587 2,450,158 03.09 1,401,429 26.4% 1,154,876 30.0% 0.44% 590% 5.07% 17,000 229,553 34,433 195,120 195,120 Budget Current year 3,250,000 2,250,000 09.2% 1,000,000 30.3% 29.2% 0.52% 1.02% 0.807276 950,000 17,000 33,000 4,550 28,050 28,050