The Financial Statement Explainer

Explain this set of financial statements to me as if you were the
company's CFO walking a new board member through them.

Statements: [PASTE BALANCE SHEET / INCOME STATEMENT / CASH FLOW, OR
DESCRIBE]
Company and industry: [DESCRIBE]
My level: [FIRST TIME SEEING THESE / RUSTY / COMFORTABLE]

Walk through, in plain language:
1. What the company owns and owes, and whether that balance is healthy
2. Whether it made money this period, and where the money came from
3. Whether the profit turned into actual cash
4. The three numbers on these statements I should watch most closely
5. Any figure that looks unusual and deserves a question

Define each accounting term the first time you use it.