An annual report is a comprehensive report prepared at the last of every fiscal year to provide the details information about the company's activities and financial performance to the company's stakeholders.
Annual report is compulsory for the public limited company to depict it's financial performance and financial position to the stakeholders at the last of every fiscal year.
Annual report consists financial highlights, information about the company and it's board of directors, statement of ownership capital and other important financial statements like balance sheet, income statement, cash flow statement, fund flow statement, statement in change in working capital etc.