Get the free Annual Report 2012 - VARD

An n u an l r e p o r t 2 0 1 2 www.vard.com A n n u an l r e p o r t 2 0 1 2 02 / about us / hard / Annual Report 2012 Contents 02 About Us 44 Order Book 10 CEO Letter 46 Risk Management 12 Chairman

How to fill out annual report 2012

How to fill out annual report 2012:

1. Begin by gathering all the necessary financial information for the year 2012. This includes income statements, balance sheets, cash flow statements, and any other relevant documents.
2. Review the instructions provided by the relevant regulatory authority or governing body for filling out the annual report. Familiarize yourself with the specific requirements and guidelines.
3. Start by entering your company's basic information, such as its name, address, contact details, and registration number.
4. Provide a brief overview of your company's activities and the industry it operates in. Include any significant achievements or challenges faced during the year 2012.
5. Present a comprehensive financial statement for the year, including revenue, expenses, assets, liabilities, and equity. Make sure to include all relevant details, such as any changes in accounting policies or significant transactions.
6. Include supporting schedules and notes to the financial statements, providing additional information and explanations where necessary.
7. If applicable, disclose any significant events or transactions that occurred during the year, such as mergers, acquisitions, or changes in ownership.
8. Provide a statement of management's responsibility for the financial statements, stating that they are accurate and prepared in accordance with the applicable accounting standards.
9. Obtain any necessary approvals or signatures from the company's management or board of directors.
10. Review the completed annual report for accuracy, consistency, and compliance with the regulatory requirements.
11. Submit the annual report to the relevant regulatory authority or governing body within the specified deadline.

Who needs annual report 2012:

1. Shareholders: Annual reports provide shareholders with important information about the company's financial performance, key developments, and future prospects. It helps them make informed investment decisions and assess the company's management.
2. Potential investors: Prospective investors often rely on annual reports to evaluate the financial health and performance of a company before deciding whether to invest.
3. Regulatory authorities: Annual reports are typically required by regulatory bodies or government agencies to ensure transparency and compliance with financial reporting standards. These reports help regulators monitor the financial activities of companies.
4. Lenders and creditors: Banks, financial institutions, and other lenders may require annual reports to assess the creditworthiness and financial stability of a company before extending loans or credit facilities.
5. Business partners and suppliers: Annual reports provide valuable information to business partners and suppliers, enabling them to evaluate the financial health and reliability of a company before entering into partnerships or supply agreements.

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