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Please analyse and interpret the trend analysis of the this business in detail. The income statement in detail and the balance sheet in detail Income

Please analyse and interpret the trend analysis of the this business in detail. The income statement in detail and the balance sheet in detail

Income Statement 2013-14 2014-15
2012-13 2013-14 2014-15 Increase/(Decrease) % change Increase/(Decrease) % change
Sales
Cash 200 480 800 280 140% 320 67%
Credit 1800 4320 7200 2520 140% 2880 67%
Total Sales 2000 4800 8000 2800 140% 3200 67%
Cost of Goods Sold 1240 2822 4800 1582 128% 1978 70%
Gross Profit 760 1968 3200 1208 159% 1232 63%
Operating Expense
General, administration and Selling expense 80 450 1000 370 463% 550 122%
Depreciation 100 400 660 300 300% 260 65%
Interest Expense 60 158 340 98 163% 182 115%
Profit before Tax 520 960 1200 440 85% 240 25%
Tax @30% 156 288 360 132 85% 72 25%
Profit after Tax 364 672 840 308 85% 168 25%
Balance Sheet 2013-14 2014-15
2012-13 2013-14 2014-15 Increase/Decrease % Change Increase/Decrease %Change
Assets
Fixed assets (net of depreciation) 1900 2500 4700 600 32% 2200 88%
Current assets
Cash and Cash equivalents 40 100 106 60 150% 6 6%
Account Receivable 300 1500 2100 1200 400% 600 40%
Inventories 320 1500 2250 1180 369% 750 50%
Total 2560 5600 9156 3040 119% 3556 64%
Equity and Liabilities
Equity Share Capital 1200 1600 2000 400 33% 400 25%
Reserves and Surplus 364 1036 1876 672 185% 840 81%
Long Term Borrowings 736 1236 2500 500 68% 1264 102%
Current Liabilities 260 1728 2780 1468 565% 1052 61%
Total 2560 5600 9156 3040 119% 3556 64%

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