Use the information below to analyse and report on the performance of Big plc, during 2019, and the risks it faces in the future. Assume all the operating expenses are fixed costs Your answer must not exceed 1,500 words Income Statement for Big plc 2019 2018 m m Sales Revenue Cost of Sales 11,058 10,531 (8,873) (8,371) 2,185) 2,160 Gross Profit Expenses Operating expenses (1,876)|(1,839 309 321 Operating profit Interest paid Profit before Taxation (16) (32) 293 289 (55) Taxation Profit for the year (56) 237 234 Statement of Financial Position for Big plel at the end of 2019 mm 14,700 Non-Current Assets Inventory Receivables Cash at Bank Current Assets 1,1401 1,2001 2201 2,560 Total Assets 7,260 2,260 Share capital Reserves Equity 940 3200 Non-Current Liabilities Long-term loans 1,380 Trade payables Tax payable Short-term borrowing Current Liabilities 12,550 701 601 12,680 Total equity and liabilities 7,260