FINANCIAL

S TAT E M E N T
S
 W H AT A R E F I N A N C I A L S TAT E M E N T S ?

F I N A N C I A L S TAT E M E N T S A R E A C C O U N T I N G D O C U M E N T S
T H AT R E F L E C T T H E E C O N O M I C A N D F I N A N C I A L
R E A L I T Y O F A C O M PA N Y. T H E S E R E P O RT S I N C L U D E T H E
I N C O M E S TAT E M E N T, B A L A N C E S H E E T, C A S H F L O W
S TAT E M E N T A N D S TAT E M E N T O F C H A N G E S I N E Q U I T Y.
F I N A N C I A L S TAT E M E N T S A L S O S E RV E A S T H E B A S I S
F O R R E P O RT I N G TO S TA K E H O L D E R S S U C H A S
S H A R E H O L D E R S , I N V E S TO R S A N D R E G U L ATO RY
AUTHORITIES.
 I M PORTA NCE OF FI N AN CI AL S TAT E M E NT S

1 . THE Y M AKE I T POSS I B LE TO ASS ES S A COM PANY' S

P R O F I TA B I L I T Y, I N O T H E R W O R D S , I T S A B I L I T Y T O
GE NE RAT E PROFI T S .
2 . T H E Y H E L P T O A N A LY Z E T H E O R G A N I Z AT I O N ' S L I Q U I D I T Y,
I N O T H E R W O R D S , I T S A B I L I T Y TO M E E T S H O RT- T E R M
OB L I GAT I ONS .
3 . T H E Y FA C I L I TAT E T H E A N A LY S I S O F T H E C O M PA N Y ' S
INDEBTEDNESS, IN OTHER WORDS, THE LEVEL OF DEBT IT
H A S A N D I T S A B I L I T Y T O R E PAY I T.
4 .T HE Y PROV I DE KE Y I N FORM AT I ON FOR M A KI NG FI NA NCI AL
AN D S T RAT E GI C D E C I S I ON S .
5.THEY ARE REQUIRED BY INVESTORS, SHAREHOLDERS,
B A N K S A N D O T H E R I N T E R E S T E D PA R T I E S T O E VA L U AT E T H E
C OM PA N Y ' S S I T U AT I ON .
 T Y P E S O F F I N A N C I A L S TAT E M E N T S

I N C O M E S TAT E M E N T
BALANCE SHEET
S TAT E M E N T O F C A S H F L O W
S TAT E M E N T O F C H A N G E S I N E Q U I T Y.
 THANKS

ANY LEIDY PENAGOS CRUZ