Annual report

Yearly record of a publicly held company's financial condition. It includes a description of the firm's operations, its balance sheet and income statement. SEC rules require that it be distributed to all shareholders. A more detailed version is called a 10-K. The New York Times Financial Glossary

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   A status report on the current condition of a company. Issued once a year for shareholders to examine before the annual general meeting.

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annual report UK US noun [C] (also annual accounts)
ACCOUNTING, FINANCE a report made by a company each year that includes the company's audited (= officially examined) accounts, along with statements of profits or loss and how the management thinks the company will do in the future: »

In their annual report, the directors stated that uncertainty in the financial services marketplace had adversely affected trading.

Financial and business terms. 2012.

Look at other dictionaries:

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  • annual report — See: annual accounts …   Accounting dictionary

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