Balance Sheet

• Reports a company's assets, liabilities and shareholders' equity
• Basis for computing rates of return and evaluating its capital structure
• Picture of what a company owns and owes, and amounts invested by shareholders

Statement of Shareholders’ Equity

• Reflects changes in the value of the business to shareholders
• Picture of how the business is performing, net of all assets and liabilities
• How business activities contribute to changes in shareholders' equity

Statement of Income

• Reports the company’s revenues and expenses during the reporting period.
• Provides insights into a company’s operations, the efficiency of its management and performance relative to industry peers.

Statement of Cashflow

• Reports cash inflows from internal operations and external investments
• Reports cash outflows for business activities and investments
• Follows cash made by the business in three ways—operations, investment, and financing

Notes to Financial Statements

• Explain accounting policies and assumptions.
• Further details on numbers in the financial statements Help understand and analyze performance.
• Help evaluate the consistency between strategy and performance.

Segment Reporting

• Corresponds to company’s own internal organization and decision making
• Consistent with other parts of the report where business segments are relevant, (business model and environment; performance)