An annual report is a summary of the developments in a company over the last year and the (profit) expectations for the coming year. The annual report (or directors’ report) gives a fair presentation of the state at the date of the
balance sheet
A financial method to show how a company is doing financially.
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balance sheet and the results of the company and of the group companies of which the financial data is included in the annual report. The financial part of an annual report is called the financial statements.
In the Netherlands most companies are required by law to publish their financial statements.