Comparative Annual Report

This annual report consists of two parts: management’s discussion and analysis (this section) and the basic financial statements. The basic financial statements include a series of financial statements. The Statement of Net Assets and the Statement of Activities (on pages and ) provide information about the activities of the [type of entity] as a whole and present a longer-term view of the [type of entity]’s

1. There are several sections to an annual report. The two main sections are the written section from management to shareholders, and the second section is the 10-K. The written section is entirely optional; some companies omit it while others prepare an extensive write-up. There is no set form for this section. Starbucks' 2011 Annual Report has a 4 page write-up with a letter from Howard Schultz and a brief description of the company's business for the past year. The 10-K does have a set form. It includes a five-part discussion of the business; the financial data, which is the largest part of the report; a five-part discussion of relating to governance and the executive and the last part is the exhibits.

Hooker Furniture Corporation uses a multi-step format for what they call the Statement of Income (Income

Companies with more than $10 million in assets and a class of equity securities that is held by more than 500 owners must file annual and other periodic reports, regardless of whether the securities are publicly or privately traded. If a shareholder requests a company’s Form 10-K, the company must provide a copy. In addition, most large companies must disclose on Form 10-K whether the company makes it periodic and current reports available, free of charge, on its website. Form 10-K, as well as other SEC filings may be searched at the EDGAR database on the SEC's website.

This memorandum provides the financial positions of Pemsah’s and Sihathor’s farm after one year of harvest. Part I discusses the policies and procedures for the statement of operations, the corn flows statement, and performance measures. Part II consists of the policies and procedures for the statement of position, the performance measures for statement of position, and the effects of the mice problem on all three statements.

Regulatory – adhering to the laws, regulations and guidelines at both the Federal and State level.

The SEC requires that an annual report, Form 10-K,are filed. This form has detailed financial information, operating information, and managements responses to specific questions about the company’s operations. The SEC also requires that all relevant business and financial information be disclosed to potential shareholders any time new securities are being issued. Lastly, Form 3 and Form 4 must also be filed with the SEC. Form 3 is a personal statement of beneficial ownership of securities of a company, for any officer, director, or principle stockholder of a company. Form 4 is a record of any change of ownership within that company (SEC, 2016). Companies must also disclose certified financial statements, including a two-year audited balance sheet, and a three-year audited statement of income and cash flows. Furthermore, the annual reports are required to contain five years of financial data, including “net sales, income or loss from continuing operations, total assets, long-term obligations, and redeemable preferred stock, and cash dividends declared per common share” (SEC,

Financial statements of the company are significant for the investors who would like to venture into the business operation. It gives them the insight whether the business is making profits or it is doomed to fail;

A form 10-k is an annual report that the U.S Securities and Exchange Commission requires. This report is also called the annual report on form 10-k.The 10-k generally has information on a company history such as executive compensation, equity subsidiaries, audited financial statements, company history, organizational structure, and other such information(J. Downs ,2014). These reports give a very detailed summary of the financial performance of a company. Companies that have over 10 million in assets and a class of equity securities, which is held by more 500 owners, have no choice and must file periodic reports. It does not matter if the securities are privately or publicly held. The form has to be provided to any shareholder that asks for a copy. These reports give important information about the company’s fiscal information in a year. Sometime charts or graphs may be included to help break down the information in a less complicated manner for shareholders. Sometimes finical notes may be added as well. These reports generally include income statements, financial summary and also cash flow. Over the years, companies have begun to use many different layout and design for these reports. Companies have even gone so far as to

FASB has some guide lines of how companies should report or disclose information of their securities.

‘An annual report is a comprehensive report on a company's activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance.’

What is an annual report? A formal report on a company’s performance in the preceding year

The comparative income statement gives an idea of the progress of a business over a period of time. The changes in absolute data in money values and percentages can be determined to analyses the profitability of the business.

Monthly operations is important, but it also depends on company performance in particular areas of activity. Performance in the marketplace influences profitability, and in the case for Bintang Harapan Desa, their heart and soul lies in the production of crude palm oil. Nearly 4,500-5,000 tons of Crude Palm oil is made monthly to be distributed to buyers who are mainly cooking oil manufacturers and biodiesel manufacturers. The key indicator on overall performance of market operation are market share and market ranking by sales volume. As of now, Indonesia is the largest producer of crude palm oil, producing more than 20.9 million tonnes. Despite Indonesia being the largest producer, there are only a few businesses that are in the business of palm oil making; Bintang Harapan Desa is one of the few. Thus, a substantial market share and being one of the top supplier is a factor to determine the overall performance too, since it allows market influence on pricing and are more likely to be more

One of the most important profitability metrics is return on equity. Return on equity reveals how much profit a company earned in comparison to the total amount of shareholder equity. It’s what the shareholders “own”. A business that has a high return on equity is more likely to be one that is capable of generating cash internally. For the most part, the higher a company’s return on equity compared to its industry, the better.