Parts Of The Annual Report

Question 1

Highlights

Answer 1

Narrative summary of the previous year’s activities and general information about the company, it’s history, its products and its business lines.

Question 2

Letter from the president or CEO

Answer 2

Letter directed to the shareholders that’s discussed the company’s key successes or explains any major failures.

Question 3

Auditors’ report

Answer 3

Tells you whether the numbers are accurate or whether you should have any concerns about the future operation of the business.

Question 4

Management’s discussion and analysis

Answer 4

A management discussion of the financial results and other factors that impact the company’s operations.

Question 5

Financial statements

Answer 5

The key financial statements are the balance sheet, income statement, and statement of cash flows.

Question 6

Notes to the financial statement

Answer 6

Where you find details about how the numbers were derived

Question 7

Other information

Answer 7

Information about the company’s key executives and managers, officers, board members, locations and new facilities that have opened in the past year.