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Annual report

The annual report is a comprehensive document that provides information on the development of the company (in the current financial year).

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The company presents primarily its economic result, financial situation, business activities and the likely future development.

The Annual Report is also a place for marketing and more detailed presentation; it is used to introduce and communicate the company's goals and philosophy, and thereby increase its credibility and strengthen its market position.

Only those entities whose Annual Financial Statements must be audited, according to the law, are also obliged to publish their Annual Report.

(Act no. 563/1991 Coll., Accounting Act, available on https://portal.gov.cz/app/zakony/zakon.jsp?page=0&nr=563~2F1991&rpp=15#seznam)

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