Does this, however, mean that no one in PG’s employ or in contract with read a balance sheet? Because it makes complete sense that a balance sheet doesn’t tell

Does this, however, mean that no one in PG’s employ or in contract with read a balance sheet? Because it makes complete sense that a balance sheet doesn’t tell you anything about how a business will do. But assuming it’s not falsified it helps identify red flags. I suspect any due diligence almost certainly has someone reading a balance sheet.