in the company annual report, how to analyze balance sheet? What kind of AASB or the Corporation Act 2001 need to based on? what ratios need to recognize to compare? How can I see the future of company from this statement?

Consolidated Statement of Financial Position As at 31 December 2016 Consolidated 31-Dec-16 Consolidated 31-Dec-15 Note ASSETS Current Assets Cash and cash equivalents Trade and other receivables Total Current Assets 9,755,258 582,084 10,337,342 1,479,605 554,549 2,034,154 Non-Current Assets Property, plant and equipment Exploration & Evaluation Expenditure Total Non-Current Assets Total Assets 225,266 5,854,955 6,080,221 16,417,563 291,802 6,697,811 6,989,613 9,023,767 LIABILITIES Current Liabilities Trade and other payables Total Current Liabilities Total Liabilities 10 1,309,288 1,309,288 1,309,288 620,544 620,544 620,544 NET ASSETS 15,108,275 8,403,223 EQUITY Issued Capital Reserves Accumulated Losses TOTAL EQUITY 35,545,134 1,884,969 (22,321,828) 15,108,275 21,073,643 2,127,462 (14,797,882) 8,403,22:3 13 The above consolidated statement of financial position is to be read in conjunction with the accompanying notes