Recently, DPL appointed its new chief executive officer (CEO) and has been tasked by the board to make a presentation about the financial performance and position of the company for the recent two years whose financial statements are set out below. Statement of financial position as at 30 June: Assets Non-current assets Property, plant and equipment Intangible assets Current assets: Inventory Trade and other receivables Cash and cash equivalents Total assets Equity and liabilities Equity and reserves: Equity shares of Shs.1,000 at par Share premium Revenue reserve Revaluation reserve Non-current liabilities: 18% Term loan (3.5 years) Lease obligation > 1 year Deferred tax liability Current liabilities: Trade and other payables Lease obligation 1 year Income tax provision Total equity and liabilities 2022 Shs million 42,220 6,640 17,600 18,750 6,140 91,350 10,000 13,500 35,480 4,750 7,450 8,400 2,400 7,200 1,120 1,050 91,350 2021 Shs million 45,450 7,200 16,100 14,200 5,850 88,800 9,500 10,400 30,060 4,770 10,740 9,520 2,800 8,750 1,140 1,120 88,800 Statement of financial performance for the years ended 30 June: 2022 Shs million 97,750 (60,605) 37,145 Revenue Production cost Gross profit Expenses: Administrative costs Distribution costs Operating profit Finance costs Profit before tax Income tax expense Profit for the year Required: As the Chief Finance Officer of DPL; (18,235) (11,200) 7,710 (1,240) 6,470 (1,050) 5,420 2021 Shs million 87,450 (52,470) 34,980 (14,500) (8,470) 12,010 (1,870) 10,140 (1,120) 9,020 1. Using profitability analysis technique, prepare a report to the CEO for further submission to the board analyzing the financial performance, and position of the company. (30 marks)