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What is an annual report?

What is an annual report? Here are some definitions.

Noun
  1. (law) In business law, a comprehensive report on a the activities of a company throughout the preceding year, generally produced in compliance with requirements established by government agencies.
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They are exclusively answerable to Parliament and have to present an annual report on their activity.
In his annual report, he said they must work to preserve the mutual goodwill that came out of the quincentenary celebrations.
Warren Buffett, the iconic figure of American capitalism, expressed the new wariness in his annual report released Saturday.
The annual report tells you what VUWSA did last year, and how good its finances are.
Monsanto's 1966 annual report noted how U.S. farm policy was shifting from surplus control to increased production.
By 1999, its annual report was portraying it as the champion of the new economy.

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