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 ?
WORCESTER -- Employees who are lucky enough to have an employer-sponsored retirement plan are not spending as much time reviewing their quarterly statements compared to 10 years ago.
Participants must be made aware that the fees they see in their quarterly statements have always existed but were not visible until this regulation.
The report suggests that actual fees incurred by a fund's trading activity should be disclosed in quarterly statements, allowing mutual fund investors to make more informed investment decisions.
E did not cure the absence of substantiation or the return of excess by providing employees with the quarterly statement.
The quarterly statement noted that "the company continues to expect full-year 1998 growth of about 8 percent in North American appliance-industry shipments," easily a record.
For a person who never dealt with finances before, even the quarterly statement can be overwhelming," Kirkland says.
Not only will clients be able to log in on a weekly basis to view current balances for their next quarterly statement period (as royalty collections are processed), but they will also have the ability to request an online advance against this money thereby allowing almost immediate access to their accruing royalties.
In its quarterly statement, the bank reported its "channel optimisation strategy" had resulted in "a net reduction of eight branches and 64 ATM/SDMs during Q3 2012".
The quarterly statement last week was in line with the September disclosure that the weak European market would produce corporate declines for the three months ending Sept.
Wholesale banks' assets represented eight times Bahrain's GDP, according to CBB's quarterly statement, said a report in our sister publication, the Gulf Daily News.
And the plan's quarterly statement should not only recount transactions and balances; it should help employees understand performance, building on blocks of information already communicated to employees.
The Company will host a Conference Call at 11:30 Toronto time / 16:30 UK time, dial-in details for which will be provided in the quarterly statement.

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