Financial Reporting

Financial Reporting

View our annual, quarterly and select 8-K filings with the U.S. Securities and Exchange Commission below, along with annual stress test results. The electronic files accessible from this page are in eXtensible Business Reporting Language (XBRL), which was developed specifically for business and financial reporting.

Financial reporting typically encompasses the following:

Financial statements, which include the income statement, balance sheet, and statement of cash flows Accompanying footnote disclosures, which include more detail on certain topics, as prescribed by the relevant accounting framework Any financial information that the company chooses to post about itself on its website Annual reports issued to shareholders Any prospectus issued to potential investors concerning the issuance of securities by the organization

Financial reporting also includes the following

The quarterly Form 10-Q and annual Form 10-K, which are filed with the Securities and Exchange Commission The annual report issued to shareholders, which could be a stripped-down version that is called a wrap report Press releases containing financial information about the company Earnings calls, during which management discusses the company's financial results and other matters

Financial Statements

Statement of Financial Position

Statement of Financial Position, also known as the Balance Sheet, presents the financial position of an entity at a given date. It is comprised of the following three elements:
  • Assets: Something a business owns or controls (e.g. cash, inventory, plant and machinery, etc)
  • Liabilities: Something a business owes to someone (e.g. creditors, bank loans, etc)
  • Liabilities: Something a business owes to someone (e.g. creditors, bank loans, etc)

Income Statement

Income Statement, also known as the Profit and Loss Statement, reports the company's financial performance in terms of net profit or loss over a specified period. Income Statement is composed of the following two elements:
  • Income: What the business has earned over a period (e.g. sales revenue, dividend income, etc)
  • Expense: The cost incurred by the business over a period (e.g. salaries and wages, depreciation, rental charges, etc)

Statement of Changes in Equity

Statement of Changes in Equity, also known as the Statement of Retained Earnings, details the movement in owners' equity over a period. The movement in owners' equity is derived from the following components:
  • Net Profit or loss during the period as reported in the income statement
  • Share capital issued or repaid during the period
  • Dividend payments

Cash Flow Statement

Cash Flow Statement, presents the movement in cash and bank balances over a period. The movement in cash flows is classified into the following segments:
  • Operating Activities: Represents the cash flow from primary activities of a business.
  • Investing Activities: Represents cash flow from the purchase and sale of assets other than inventories (e.g. purchase of a factory plant)
  • Financing Activities: Represents cash flow generated or spent on raising and repaying share capital and debt together with the payments of interest and dividends.