(1) In the case of a partnership to which this Part applies, there shall be attached to every balance sheet drawn up pursuant to Regulation 12, a report of the partners containing the following information:
(a) a fair review of the development and performance of the business of the partnership and of the development and performance of its subsidiary undertakings, if any, together with a description of the principal risks and uncertainties that they face, which review -
(i) shall be a balanced and comprehensive analysis of the development and performance of the business of the partnership and of its subsidiary undertakings, if any, consistent with the size and complexity of the business, and
(ii) to the extent necessary for an understanding of the partnership's development, performance or position, and that of its subsidiary undertakings, if any, shall include an analysis of financial, and, where appropriate, non-financial key performance indicators relevant to the particular busin