Company Annual Reports ...
- are documents produced by publicly traded companies (i.e., companies which trade shares on a stock exchange)
- are distributed each year to current and prospective shareholders
- typically include a letter from the CEO, a complete list of board members, financial highlights, a review of the previous year's activities and projections for the future
- are an authoritative record (audited by the exchange on which the company trades)
- can be very useful for investment and marketing decisions
- are partially written as a promotional tool by the company and may not be completely unbiased
- are not legally required to be issued by private companies (particularly in North America)