Earnings & Financials
The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions. Financial statements are understandable, relevant, reliable and comparable. Reported assets, liabilities, equity, income and expenses are directly related to an organization’s financial position.
Financial statements are intended to be understandable by readers who have a reasonable knowledge of business and economic activities and accounting and who are willing to study the information diligently. Financial statements may be used by users for different purposes:
- Employees need these reports in making collective bargaining agreements (CBA) with the management, in the case of labour unions or for individuals in discussing their compensation, promotion and rankings
- Prospective professional investors make use of financial statements to assess the viability of investing in a business. Financial analyses are often used by investors and are prepared by professionals (financial analysts), thus providing them with the basis for making investment decisions
- Financial institutions (banks and other lending companies) use them to decide whether to grant a company with fresh working capital or extend debt securities (such as a long-term bank loan or debentures) to finance expansion and other significant expenditures
Company shares are portions of ownership in a limited company. Each one represents a percentage of the company and they are owned by one or more individuals and/or corporate bodies known as ‘shareholders’, or ‘members’.
A private company must not offer shares to the general public – we can, however, offer shares to:
- Existing shareholders
- Professional investors
Statement of Capital (Share Capital)
Share Capital / Statement of Capital. The share capital or statement of capital represents the nominal value, currency and voting particulars associated with the shares in a limited company
Here are the Statements of Capital of Unovicom (UK) Limited – Unovi Group Scotland Branch. To view or download documents, click on their icon
|1||Statement of capital following an allotment of shares on 21 January 2019GBP 26,000,000|
|2||Statement of capital following an allotment of shares on 1 October 2018GBP 100,000,000|
An annual report is a comprehensive report on a company’s activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company’s activities and financial performance
Here are the Annual Reports of Unovicom OU – main Unovi Group Body and Shareholder. To view or download documents, click on their icon
Profit & Loss Statement
The profit & loss (P&L) statement is one of the three primary financial statements used to assess a company’s performance and financial position (the two others being the balance sheet and the cash flow statement).
The profit & loss statement summarizes the revenues and expenses generated by the company over the entire reporting period. The profit & loss statement is also known as the income statement, statement of earnings, statement of operations, or statement of income.
The basic equation on which a profit & loss statement is based is Revenues – Expenses = Profit.
All companies need to generate revenue to stay in business. Revenues are used to pay expenses, interest payments on debt, and taxes owed to the government. After the costs of doing business are paid, the amount left over is called net income. Net income is theoretically available to shareholders, though instead of paying out dividends, the firm’s management often chooses to retain earnings for future investment in the business.
Here is the Profit & Loss Statement of Unovicom OU Limited – main Unovi Group Body and Shareholder. To view or download documents, click on their icon
|1||Profit & Loss Statement (for Y14-Y18 )on 01 January 2019|