Comment on the recent financial performance of the company compared to 2018.(you may refer to pages 3&6of the report)2.Identify the core elements embedded in the company’s value creation model.Explain how these elements create/createdvalue for the business.3.Discussthe impact of the adoption of NZ IFRS15from 1 July 2018. Explain how trade receivables are recognised and measured under this standard4.Using the consolidated financial statements of ATMfor the years 2018 and 2019, prepare common-size balance sheets and income statements