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annual report
noun
a document reporting to stockholders on management and operations and containing fiscal information, published yearly by a publicly held corporation as required by federal law.
annual report
noun
a report presented by the directors of a company to its shareholders each year, containing the profit-and-loss account, the balance sheet, and details of the past year's activity
Example Sentences
Bangor University's annual report for 2023/24 showed vice chancellor Edmund Burke received a pay rise of more than £30,000.
The annual report showed Mr Burke received a salary of £273,000 compared to the previous year where he was paid £222,000 for 11 months' work.
Marian Wyn Jones, chairwoman of the university's council, warned in its annual report there are "financial challenges facing the university and the sector" and said they "face unprecedented challenges due to historically static tuition fees for home undergraduate students which are set by the government, persistent inflationary pressures, and policy changes on international student visas".
The UCU union was unhappy that, during financial difficulties, some senior staff were rewarded financially, with the annual report document demonstrating the number of employees growing from 18 to 26 in a year.
Licensing and merchandising is projected to bring in $344 million, according to LA28’s latest annual report.
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