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Consolidated Financial Statements ofGREATER SUDBURY UTILITIES INC. / SERVICES PUBLICS DU GRAND SUDBURY INC. And Auditors Independent Report thereon Year ended December 31, 2023KPMG LLP Times Square

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What is annual financial statements report?

An annual financial statements report is a comprehensive document that summarizes a company's financial performance and position over the past year, including the balance sheet, income statement, cash flow statement, and changes in equity.

Who is required to file annual financial statements report?

Typically, publicly traded companies, large private companies, and certain non-profit organizations are required to file annual financial statements. Requirements may vary by jurisdiction.

How to fill out annual financial statements report?

Filling out an annual financial statements report involves compiling financial data, following accounting standards (like GAAP or IFRS), completing the necessary sections for assets, liabilities, equity, income, expenses, and cash flows, and ensuring that the report is audited by a certified accountant if required.

What is the purpose of annual financial statements report?

The purpose of an annual financial statements report is to provide stakeholders, including investors, regulators, and management, with a clear overview of the company's financial health, performance trends, and operational efficiency.

What information must be reported on annual financial statements report?

The report must typically include the balance sheet, income statement, statement of cash flows, statement of changes in equity, and notes explaining accounting policies and any significant financial activities.

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