SO 8 Components of an Annual Report State whether the following information that is typically included in an annual report would be found in

(a) the letter to the shareholders,

(b) the financial highlights,

(c) the financial statements,

(d) the summary of significant accounting policies,

(e) the explanatory notes,

(f) the supplementary information notes, \((\mathrm{g})\) directors' report including a statement of management's responsibilities, \((\mathrm{h})\) management's discussion and analysis, (i) the business review, or (j) the report of the independent accountants:
1. A ten-year summary of financial data about operations.
2. Data about cash flows from financing activities.
3. A statement that management is responsible for the company's internal controls.

4. A statement about the company's method of accounting for depreciation.
5. Management's analysis of profit from operations.
6. The company chief executive's description of prospects for next year.
7. Sales and net profit for the last four quarters.
8. Detailed information about the company's long-term liabilities.
9. A statement about whether or not the financial statements are fairly presented or show a true and fair view in accordance with accounting standards.
10. A discussion of new product developments.