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 ?
Richard Martin, head of financial reporting at the Association of Chartered Certified Accountants (ACCA), commented: a'We remain unconvinced that the possible abolition of the requirements to publish annual accounts would save those companies money.
"But they would no longer have to keep the same reporting rules as the big companies that have the time and money to produce annual accounts with ease.
These annual accounts are certified and signed off by the Trust's chief executive, Julie Moore, who, incidentally, earns more than the annual salary of the Prime Minister of this country, with annual renumeration of pounds 230,000.
Currently servicing 137 residential Annual Accounts. 10 accounts are commercial serviced monthly which produce approximately $10,000 in annual revenue.
A CLERK has been sacked after she failed to send in her council's annual accounts to the district auditor for four years.
S4C has insisted it was providing value for money after its annual accounts also showed a drop in trading turnover.
The research focused on the annual accounts of 70 FTSE-100 firms that had produced comparative IFRS figures.
Michael Sullivan and Hugh Sullivan, both of Wychall Road, Northfield, Birmingham, were each fined pounds 1,200 for the continued offence of failing to fail annual accounts.
In return, the EU Commission promises to speed up the passing and implementation of the new Directive on "statutory audit of annual accounts and consolidated accounts" in order to make sure that the reformed U.S.
ST MIRREN have shown a tiny trading profit in their annual accounts but are still struggling with a massive overall debt of nearly pounds 1.5million.
The former welfare minister is a member of the Commons public accounts committee which called for ``more aggressive action'' against 38% of charities which fail to submit annual accounts on time or at all.
COVENTRY CITY has recorded a financial profit despite a soaring wage bill, the soccer club's annual accounts reveal.

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