required : Prepare a report for the CFO of Analyser plc commenting on the perfomance and the financial position of analyzer plc and highlight any areas that require further investigation

20X1 Understanding Financial Statements - Case Study 3 Case study 3 - Analyzer Plc. Analyzer is a public listed company with no subsidiaries. The company sells precise analyxer gadgets all over world, because there is high demand for them. As the Chief Financial Controller of the company you have to prepare a report for the CFO about the company's performance and position. Shown below the financial statements for Analyzer. Statement of financial position at 31 December 20X2 $ 000 $ 000 Non-current assets 79 000 102 000 Intangible assets 10 000 10 000 Property, plant, equipment 69 000 92000 Current assets 21 890 70 190 Inventory 7000 17340 Accounts receivable 8000 4230 Cash 1070 1 500 Bank 5520 8270 Accruals 300 250 TOTAL ASSETS 100 890 172 190 Shareholder's Equity 67 500 91 000 Share capital 5 000 5 000 Retained camnings 52 500 75 000 Revaluation reserve 10 000 11 000 Liabilities 33 390 81190 Non-current liabilities 15 000 37500 Handbilities 15 000 37 500 Current liabilities 18 390 43670 Aww prale 17190 42970 Amal 1 200 720 SHAREHOLDER'S EQUITY AND LIABILITIES 100890 172 190 Income statement for the years ended 31 December 20x1 20X2 $ 000 $ 000 Sales revenue 100 000 200 000 Cost of goods sold (COGS 85000 150 000 Gross profit 15 000 50 000 Operating expenses 5.000 20 000 Finance costs 2000 Profit before tax 8000 25 000 Taxation 800 2500 Profit after tax 7 200 22 500 Required: Prepare a report for the CFO of Analyzer Plc. Commenting on the performance and the financial position of Analyzer Plc. And highlight any areas that require further investigation. 5000