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This document is the 2005 Annual Report of Cross Timbers Royalty Trust, detailing the financial performance and operations of the trust for the fiscal year ended December 31, 2004. It includes information about net profits income, distributions to unitholders, and the operations of the trust\'s underlying properties, primarily related to oil and gas production. Additionally, the report encompasses legal matters, market risk disclosures, and management analysis.

How to fill out 2005 annual report

How to fill out 2005 annual report

1. Gather all financial statements for the year 2005 including balance sheet, income statement, and cash flow statement.
2. Compile a summary of significant financial highlights such as revenue growth, net income, and any major expenses.
3. Review any changes in accounting policies or practices that took place during the year.
4. Fill out the company information section, including name, address, and contact details.
5. Provide a narrative overview of the company's performance and strategic direction.
6. Include notes to the financial statements explaining any significant transactions or events.
7. Ensure that all required disclosures are made according to applicable accounting standards.
8. Prepare the management's discussion and analysis section to provide insights on financial results.
9. Finalize and review the report for accuracy and clarity before submission.

Who needs 2005 annual report?

1. Investors looking for information on the company's financial health.
2. Regulatory authorities requiring compliance documentation.
3. Creditors assessing risk before extending loans or credit.
4. Shareholders wanting to understand company performance.
5. Employees interested in the company's financial stability.
6. Potential business partners evaluating collaboration opportunities.

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What is annual report?

An annual report is a comprehensive document that organizations, typically corporations, provide to their shareholders and other stakeholders, summarizing their operations, financial performance, and other important information over the past year.

Who is required to file annual report?

Typically, publicly traded companies and certain private companies are required to file an annual report. The requirements can vary by jurisdiction and the type of organization.

How to fill out annual report?

To fill out an annual report, organizations generally need to gather financial statements, operational summaries, board of directors' reports, and information about any major activities. They should then follow the prescribed format set by the regulatory authority, ensuring all mandatory sections are completed accurately.

What is the purpose of annual report?

The purpose of an annual report is to provide transparency to shareholders and the public regarding a company's financial performance, overall health, and strategies, as well as to comply with legal requirements of reporting.

What information must be reported on annual report?

An annual report typically must include financial statements, management discussion and analysis, information about company operations, risk factors, governance structure, and executive compensation, among other data.