Notes concerning some pronouns
IT variety of functions
refer to specific object named in the context before
Where’s the book? It’s on the shelf.
refer to a situation anaphoricly described
There’s always a lot of noise in the evening. It annoys me.
refer to a process
We have to write long essays every week. It’s difficult.
refer to a fact
The bank won’t allow me a credit. It’s a problem.
refer to the subject and object of the clause
It’s obvious that they didn’t understand. extra-posed subject
They found it difficult to understand. extra-posed object
Personal pronoun functions alone as subject complement:
It’s me. general usage