The details of financial state and activity of XYZ Ltd. for the period from 01.01.2012 to 31.12.2014 are given below : Structure of the Assets and Liabilities Indicator Value % of the balance total Change for the period

The details of financial state and activity of XYZ Ltd. for the period from 01.01.2012 to 31.12.2014 are given below : Structure of the Assets and Liabilities Indicator Value % of the balance total Change for the period analysed (in thousand) at the beginning of the period analysed (31.12.2011) at the end of the period analysed (31.12.2014) (thousand) (col.5-col.2) % (col.5-col.2) : col.2 31.12.2011 31.12.2012 31.12.2013 31.12.2014 6 7 8 9 Assets 1. Non-current assets 187,625,543 322,273,637 416,299,008 503,097,289 52 76.4 +315,471,746 +168.1 2. Current assets, total 173,184,851 191,660,913 207,513,814 155,460,157 48 23.6 -17,724,694 -10.2 Inventories 4,770,370 4,985,680 76,222 55,162 1.3 <0.1 -4,715,208 -98.8 Trade and other current receivables 128,380,239 147,904,069 175,094,863 89,543,524 35.6 13.6 -38,836,715 -30.3 Cash and cash equivalents 7,132,445 2,811,891 3,354,882 17,435,540 2 2.6 +10,303,095 +144.5 Other current assets 32,901,797 35,959,273 28,987,847 48,425,931 9.12 7.35 +15,524,134 +47.18 Equity and Liabilities 1. Equity 236,892,662 263,953,835 296,713,355 328,181,421 65.7 49.8 +91,288,759 +38.5 2. Non-current liabilities 24,814,976 82,295,647 85,046,637 26,441,244 6.9 4 +1,626,268 +6.6 3. Current liabilities 99,102,756 167,685,068 242,052,830 303,934,781 27.5 46.2 +204,832,025 +2.07 times Total Assets/Equity and Liabilities 360,810,394 513,934,550 623,812,822 658,557,446 100 100 +297,747,052 +82.5 Keeping the above details in view, answer the following questions : Prepare a comprehensive analysis of the balance sheet of XYZ Ltd.