Nestle SA In millions (except for data per share and employees) 2013 and 2014 2013 2014 Results Sales 92 158 91 612 $92,158.00 $91,612.00 Trading operating profit 14,047 14,019 as % of sales 15.24% 15.30% Profit for the period attributable to shareholders of the parent (Net profit) 0015 14456 as % of sales 10.87% 15.78% Balance sheet and Cash flow statement Equity attributable to shareholders of the parent 62,575 70, 130 Net financial debt 14,690 2,325 Ratio of net financial debt to equity (gearing) 23.48% 17.57% Operating cash flow 14,992 14,700 as % of net financial debt 102.06% 119.27% Free cash flow 10,486 14, 137 Capital expenditure 4,928 3,914 as % of sales 5.35% 4.27% Data per share Weighted average number of shares outstanding (in millions of units) 3,191 3,188 Basic earnings per share .14 1.54 Dividend as proposed by the Board of Directors of Nestle S.A. 2.15 2.2 Market capitalisation, end December 31st 208,279 231,136 Number of employees (in thousands) 333 339 Retrieved from: https://www.nestle.com/asset-library/documents/library/documents/annual_reports/2014-annual-report-en.pdf Referring (Fisher & Krumwiede, 2015), review the above financial information and answer the following questions 1. Did Nestle S.A.'s financial position improve or decline from 2013 to 2014? 2. Give at least three indications that support your answer in question #1. 3. Why do you think sales decreased from 2013 to 2014 and yet net profit increased