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PROPERTY AND CASUALTY COMPANIES ASSOCIATION EDITION136952018201001002018ANNUAL STATEMENTDocument Code: 201For the Year Ended December 31, 2018, OF THE CONDITION AND AFFAIRS OF National Mortgage Insurance
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An annual statement is a financial document that provides a summary of a company's financial performance and position over the course of a year.
All businesses, including corporations, partnerships, and sole proprietorships, are required to file an annual statement with the relevant regulatory authorities.
To fill out an annual statement, businesses must gather all financial information for the year, including revenues, expenses, assets, and liabilities, and then prepare the statement according to the required format.
The purpose of an annual statement is to provide stakeholders, such as investors, creditors, and government agencies, with an overview of a company's financial health and performance.
The information reported on an annual statement typically includes income statement, balance sheet, cash flow statement, and notes to the financial statements.
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