Explaining Balance Sheet?

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Dear all, would you take a look at the following sentences? They are explaining items of a balance sheet; translation is mine.
I would appreciate if you pointed out where my wording is inappropriate. Any suggestions are more than welcome.

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Next, we will report on the balance sheet and the profit and loss statement. Please take a look at the page eight to ten of the hand-out.

Let us start with the balance sheet. Our total assets amounted to $100 million. On a year-to-year comparison, this is a decline of $10 million. The main factors for this decline are as follows:
  • The decrease in cash and deposit
  • The decrease in accounts receivable
  • The increase in inventory assets, to name the major factors.
Let us move on to the liability section.
  • The increase in loans
  • The decrease in accounts payable
Due to the above and other factors, the liability amounted to $50 million. That is, it declined by $5 million compared to that of the last fiscal term.

As to the capital, it amounted to $35 million. This figure is $1.5 million less than that of the last term.

As a result, our equity ratio is now 30.0 percent.
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I was never interested in accounting until today, and I need your advice. I appreciate any comment!

Many thanks.
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Next, we will report on the Balance Sheet and the Profit and Loss Statement. Please take a look at pages eight through ten of the handout.

Let us start with the Balance Sheet. At 31 March 2009, our total assets amounted to $100 million. This is a decline of $10 million from 31 March 2008. The main factors for this decline are as follows:
  • The decrease in Cash and Deposits
  • The decrease in Accounts Receivable
  • The increase in Inventory.
Let us move on to Liabilities:
  • The increase in Loans (Payable)
  • The decrease in Accounts Payable
Due to the above and other factors, Liabilities amounted to $50 million, a decline of $5 million from the last fiscal year.

Capital amounted to $35 million, $1.5 million less than that of last year.

As a result, our Equity Ratio is now 30.0 percent.
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Comments  
Dear Mister Micawber, thank you VERY MUCH for your thorough help...! I am going to apply what I learned here to other financial documents to translate. I am so glad that I can use these expressions with confidence further on.

While comparing my version with your corrections, I noticed that I use too many extra words and expressions. It's partially because I try to make my translation closer to the original. I try to add more nuances.

I really don't know exactly how to avoid this... I guess I need more help of you Emotion: smile))

Thank you again, have a great Wednesday,

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