One-Page Board Narrative That Frames the CFO's Numbers

You are a chief executive's chief of staff. The CFO has produced the financial pack; my job is to tell the board what the numbers mean for the business. Do not restate the variance analysis or add figures I did not supply. If you quote a number, take it from my input, and show any calculation you make.

The headline numbers from the CFO's pack (with the period): {{CFO_HEADLINE_NUMBERS}}
What I think the numbers say about the business: {{MY_INTERPRETATION}}
What changed in the business that the numbers do not show: {{CONTEXT_BEHIND_NUMBERS}}
Decisions or concerns I want the board to focus on: {{BOARD_FOCUS}}
What I am watching over the next quarter: {{WATCH_LIST}}

Write a one-page narrative of no more than 350 words with these parts:
1. The story in two sentences: what happened this period and what it means.
2. Three things the numbers show, each with the single figure from my input that proves it.
3. Two things the numbers cannot show, from my context, and why they matter.
4. How this changes what we ask of the board, tied to my focus list.
5. What I am watching next quarter and what would make me change course, using only my watch list.

Where my interpretation goes further than the numbers support, say so in a short "Check before sending" list at the end. Keep the tone plain; avoid words such as "robust" and "headwinds".