[Why do we need an annual report? Because It provide a brief information about business organization it's growth, debts, investment and many other things. Follwing is the Benfits of an annual report it's helps in understanding the financial performance of a company, market position, competitive advantage and also helps in management discussions. Annual is used by :- Investor to find out the investment potential of a company Creditor also used it to analyze the ability to repay the loan It is also used by Employees toto understand the performance, stratigies And future outlook. Here is an example of annual report :- A, p and L account for a whole years which show the net profit for the whole year. Thank you