The Jamaica Broilers Group, a manufacturing firm, has hired you as their junior analyst. Your manager, CFO, has an upcoming board meeting to attend and has asked you to write the report on the performance of the company over the last year.

They have presented you with the Audited Financial Statements for the year ended April 2019 with comparatives. See below unaudited in-house income statements and extract from the balance sheet for the financial year ended April 27, 2019.

Jamaica Broilers Group Limited Group Statement of Comprehensive Income Year ended 27 April 2019 (expressed in Jamaican dollars unless otherwise indicated) Note 27 April 28 April 2019 2018 $'000 $'000 Revenue 55,057,931 48,280,867 Cost of sales (40,822,967) (35,418,865) Gross Profit 14.234,964 12,862,002 Other income 6 585.248 197,852 Distribution costs (2,097,170) (1,920,943) Net impairment losses on trade receivables 3 (131,824) Administration and other expenses (8,956,521) (7,757,715) Operating Profit 3,634,697 3,381,196 Finance income 9 366.817 474 Finance costs (988,587) (714,897) Profit before Taxation 3,012,927 2,666,773 Taxation 10 (639,209) (641,257) Net Profit 2,373,718 2,025,516Balance Sheet AS at April 27th 2019 2018 S'000 $'000 Total Non-Current Assets 13,416,149 11,580,737 Total Current Assets 22,391,297 19,431,324 TOTAL ASSETS 35,807,446 31,012,061 STOCKHOLDERS' EQUITY Total Shareholders' Equity 14,835,523 12,621,416 Total Non-Current Liabilities 6,875,864 5,886,262 Total Current Liabilities 14,096,059 12,465,426 TOTAL STOCKHOLDERS' EQUITY AND LIABILITIES 35,807,446 31,012,061