|
|
Annual report |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Annual reportAll quoted companies have a legal obligation to send shareholders annual results within six months of their financial year-end. The Reports and Accounts have to include an annual report and a set of accounts, and the information in each has to include certain elements. They also have to send out interim results.Reports and Accounts typically contain five sections that offer hard information:the directors' reportthe profit and loss accountthe balance sheetthe cash flow statementthe auditors reportThe Directors' ReportThis tells what the company does, who its directors are, and what their stake in the company is. It also states whether there have been any significant business or financial developments during the year, and provides a brief review of the year's trading.Profit and Loss AccountThis summarises the result of last year's trading in figures. It tells what the company sold, what its costs were, how much profit it made, what the tax charge was, what was left for shareholders, and how much of this is being paid out to them in dividends and how much ploughed back into the company. It also gives comparable figures for the previous year.Balance SheetThis provides a snapshot of everything the company owes and owns at the end of the financial year in question. It tells what its assets are and how they are financed. Where the profit & loss account tells you how the company has performed in the previous year, the balance sheet reveals its fundamental health.Cash Flow StatementThis compares the amount of cash coming into the company from trading profits, investment, more efficient debt collection and so on, with the amount flowing out from trading losses, tax and dividends. Then it adds or subtracts the cash produced by capital raising or spent on capital repayment.Auditors' ReportThis tells you whether the accounts prepared by management reflect a true and fair view of affairs and meet the legal and regulatory requirements.Similar MatchesCompound annual growth rateCompound annual growth rateThe average rate at which a particular financial parameter compounds up over a period of years. Bonds Enabling Annual Retirement Savings (BEARS)Bonds Enabling Annual Retirement Savings (BEARS)Holders of BEARS receive the face value of bonds underlying call option, which are exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise price. Annualized gainAnnualized gainIf stock X appreciates 1.5% in one month, the annualized gain for that stock over a twelve month period is 121.5% = 18%. Compounded over the 12 month period, the gain is (1.015)^12 -1 = 19.6%. Equivalent annual costEquivalent annual costThe cost per year of owning an asset over its entire life. Equivalent annual benefitEquivalent annual benefitThe annual annuity with the same value as the net present value of an investment project. Further Suggestionsannual returnAnnual rate of return Annual percentage yield (APY) Stated annual interest rate Annual Percentage Rate annual exemption Annual percentage rate (APR) Effective annual yield Annual mortgagor statement Annual renewable term insurance Nominal annual rate Annual effective yield Annualizing Annual basis Annual exclusion annual bonus Compound Annual Return annual percentage rate Annualised payment scheme Compound Annual Growth Rate Equivalent annual annuity annual general meeting Annual Percentage Rate (apr) annual equivalent rate Effective annual interest rate |
|
|
|