Annual report

(redirected from Year-end report)
Also found in: Dictionary, Legal, Acronyms.

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 Norwegian oilfield service company Petroleum Geo-Services ASA issued its year-end report on Tuesday (21 February), posting an operating profit of USD185.4m, as compared to USD9.5m in 2004.
Mazeski, a 58-year-old former chemist, brought in contributions totaling $164,742 during the final three months of 2017 to bring her available cash to $513,086, according to year-end reports.
After that, totals drop to below $100,000, with Anderson Wilkins at $97,435, year-end reports show.
Spring is in the air, and it's time to think about State Department conventions and year-end reports. Each year, we work on taking care of our veterans and their families through direct aid or by encouraging our legislators to fulfill the promises they've made.
Your year-end reports will tell us all what you have been doing and what a difference you are making.
Here are some recommended end-of-year bookkeeping practices to clean up that will make it easier to prepare taxes and year-end reports. It also will help you more easily determine if your business has improved financial net wealth during the past year.
* If your business is incorporated, make year-end reports to shareholders.
Although their informational literature and year-end reports may tout how well the stock market's revival drove returns in 2004, pension funds didn't neglect to bulk up on real estate last year and in the years prior.
Kidder has a whopping $94 in bonds, stocks, and other assets for every $1 in equity, according to year-end reports.
* One of the National Aeronautics and Space Administration's year-end reports to the Department of the Treasury contained over $500 million in errors.
To successfully manage an in-house financing program, you need a credit department to analyze transactions; legal and documentation capabilities to prepare contracts and filings for regulatory agencies; collections to establish policies for and implement work-outs; accounting to handle billings and generate tax and year-end reports; and customer service to respond to myriad customer requests.