Is published once a year and provides stockholders with details about the company's

performance and financial condition.

Aggregates all cash inflows, which the company receives from its ongoing activities and

investment sources, and all cash outflows.

Provides a quantitative summary of a company's assets, liabilities, and net worth at a

specific point in time.

Reconciles $(1)$ the amount of stockholders' equity recorded at the beginning of the

reporting period, $(2)$ changes during that period, and $(3)$ the amount of stockholders$*$

equity at the end of the reporting period.

Is divided into two important parts: operating and non$-$operating sections; also known as

the profit and loss statement.