Annual Reports

An annual report is a comprehensive document that a company releases each year to share its financial performance, operations, and key achievements with stakeholders such as investors, employees, and regulators. It includes financial statements like income statements, balance sheets, and cash flow statements, along with management’s analysis and highlights of the year’s activities. The purpose is to provide transparency, showcase the company’s health and prospects, and help stakeholders make informed decisions. Think of it as a detailed progress report that summarizes the company’s overall performance over the past year.