Free Annual Financial Policy Report Template
Annual Financial Policy Report
Executive Summary
The objective of this financial report is to provide an insightful understanding of the financial performance of [Your Company Name] during the fiscal year. Key financial statements as per the set standards and regulations are analyzed for a comprehensive financial evaluation.
Balance Sheet
The balance sheet of [Your Company Name] shows the company's assets, liabilities, and shareholders' equity as of 31 December 2050.
|
Elements |
Values |
|---|---|
|
Total Assets |
$500,000 |
|
Total Liabilities |
$320,000 |
|
Shareholders Equity |
$180,000 |
Income Statement
The income statement reveals the company's revenue and expenses, culminating in a net income figure.
|
Elements |
Values |
|---|---|
|
Revenue |
$700,000 |
|
Cost of Goods Sold |
$430,000 |
|
Gross Profit |
$270,000 |
|
Operating Expenses |
$100,000 |
|
Net Income |
$170,000 |
Cash Flow Statement
The cash flow statement breaks down money inflow and outflow from three areas- Operating, investing, and financing activities.
|
Elements |
Values |
|---|---|
|
Cash from Operating Activities |
$220,000 |
|
Cash from Investing Activities |
-$50,000 |
|
Cash from Financing Activities |
$100,000 |
|
Net Increase/Decrease in Cash |
$270,000 |
Statement of Changes in Equity
The statement showcases any changes in equity during the fiscal year.
|
Elements |
Values |
|---|---|
|
Opening Equity |
$100,000 |
|
Net Income for the Year |
$170,000 |
|
Dividend Paid |
-$50,000 |
|
Other Changes |
$-40,000 |
|
Closing Equity |
$180,000 |
Conclusion
The financial report provides a detailed overview of the economic health of [Your Company Name]. It serves as a valuable tool for both internal and external stakeholders to make informed financial and strategic decisions.
