Annual financial statement


 

The annual financial statement is the calculated summary of a fiscal year. It shows the company's financial situation and earnings and contains the accounting report and documents compiled for it, as well as for the report's audit, confirmation and publication. The main componens of the annual financial statement are the balance sheet and the profit and loss statement, complemented, if needed, by notes to the financial statement and the management report. The tax balance sheet, derived from the annual financial statement, additionally serves to calculate the company's due taxes.

 

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