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The 2023 Annual Report for Baker Hughes Company summarizes the financial performance, operational highlights, and strategic priorities of the company throughout the year. It provides insights into the company\'s revenue growth, segment performance, research and development expenditure, and commitments towards sustainability and the energy transition. The report includes detailed financial statements and disclosures related to the company\'s risks, corporate governance, and operational...

How to fill out 2023 annual report

How to fill out 2023 annual report

1. Gather all necessary financial statements for the year.
2. Review previous annual reports for format and content guidance.
3. Fill out the cover page with company details and reporting year.
4. Prepare the management discussion and analysis section.
5. Compile the balance sheet, income statement, and cash flow statement.
6. Include notes and schedules explaining numbers and accounting policies.
7. Draft the corporate governance report if applicable.
8. Review compliance with regulatory requirements for the report.
9. Obtain necessary approvals from management and board members.
10. Submit the final report to the relevant authorities and distribute to stakeholders.

Who needs 2023 annual report?

1. Shareholders and investors for performance evaluation.
2. Regulatory bodies for compliance assurance.
3. Company management for strategic planning.
4. Creditors for assessing creditworthiness.
5. Employees to understand company performance and prospects.

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What is annual report?

An annual report is a comprehensive document that provides information about a company's activities and financial performance over the past year. It is intended to inform shareholders and other interested parties about the company's progress and future direction.

Who is required to file annual report?

Typically, publicly held companies, as well as certain private companies and nonprofits, are required to file annual reports with the relevant regulatory authorities to ensure transparency and compliance with financial reporting standards.

How to fill out annual report?

To fill out an annual report, gather the company's financial statements, management analysis, and other relevant information. Complete the required forms according to the guidelines provided by the regulatory authority or jurisdiction, ensuring accuracy and compliance with applicable laws.

What is the purpose of annual report?

The purpose of an annual report is to provide stakeholders with a detailed overview of the company's financial performance, operational highlights, strategic initiatives, and future outlook. It serves to enhance transparency and foster trust among investors and the public.

What information must be reported on annual report?

An annual report must generally include financial statements (income statement, balance sheet, and cash flow statement), management discussion and analysis, auditor's report, corporate governance information, and comments on future business strategies.