Annual report

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Annual report

Yearly record of a publicly held company's financial condition. It includes a description of the firm's operations, as well as balance sheet, income statement, and cash flow statement information. SEC rules require that it be distributed to all shareholders. A more detailed version is called a 10-K.

Annual Report

A report that a publicly-traded company is required to distribute to shareholders each year. The report contains information on the company's financial state, such as operational income and net profit. Sometimes, it also contains an accountant's opinion on the general health of the company. Generally, the front part of the annual report states the "bottom line," while the last part contains more detailed financial information. For example, the front part of the report may contain a brief essay stating, "Our company is healthy for reasons A, B, and C." At the conclusion of that essay, the stockholder may view its financial statements. See also: Stockholder's report.

annual report

A firm's annual statement of operating and financial results. The annual report contains an income statement, a balance sheet, a statement of changes in financial position, an auditor's report, and a summary of operations. Because many annual reports are prepared with public relations as a primary focus, serious investors should obtain a copy of a firm's 10-K in order to obtain detailed financial data.

Annual report.

By law, each publicly held corporation must provide its shareholders with an annual report showing its income and balance sheet.

In most cases, it contains not only financial details but also a message from the chairman, a description of the company's operations, and an overview of its achievements.

Most annual reports are glossy affairs that also serve as marketing pieces. Copies are generally available from the company's investor relations office, and annual reports may even appear on the company's website. The company's 10-K report is a more comprehensive look at its finances.

References in periodicals archive ?
The well-hidden index of annual reports includes obscure Olicom as well as the more familiar Adobe, Ameritech, AT&T, General Electric, IBM, Monsanto, Motorola, and NEC.
The Annual Report of JSC TATNEFT for the year 2012 was awarded the second place in the nomination "Best Annual Report of the Energy Sector" at the annual reports contest held in the frame of the International Investment Forum in Sochi in September of the current year.
The Middle East would feature prominently in our expansion as we believe that annual reports of top Middle Eastern companies are generally punching well below their weight," added Kannangara.
In fact, the report is rubbing shoulders with the annual reports of global giants such as Thomson Reuters at No 36, Kellogg Company at No 42 and WPP at No 84.
In the view of some Basel watchers, the central bankers' bank is now "so much hedging its position on the major politically sensitive economic issues that nobody, reading this year's annual report, will find out where the BIS really stands.
Meaning: The annual reports prepared by one of my co-workers are totally misleading.
So it is easy to see why one of the main goals for the annual report was to put the company on the map --while many of its small-town locations, quite literally, are not.
There is a conspicuous failure to include late-filed annual reports and critical assumption failures in the provision permitting the IRS to waive cancellation if the taxpayer satisfactorily shows good faith and reasonable cause and agrees to make corrective adjustments.
It is conservatively estimated that more than six million investors, mostly in North America, will receive their annual reports electronically in 2003.
That won't fly this year, when annual reports will have to offer greater honesty at every level to a diverse group of readers.
Calculated from data in Chicago Police Department, Annual Reports (1918-1926); Cook County Juvenile Court and Juvenile Detention Home, Annual Reports for 1923, 22; and Cook County (IL) Juvenile Court and Juvenile Detention Home, Annual Reports for the Fiscal Year 1926 (Chicago, 1927), 16.
An analysis of the annual reports of the 1998 Fortune 100 revealed 78 companies had included management reports, virtually all of which began with a statement that management took responsibility for the presentation of the reports in this study of the financial statements.

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