It's the time of year again, where companies with financial years ending on 31 Dec have sent out or are in the process of sending out their annual reports (Wooo......) Is it important to read through the annual reports? Yes, of course it is. Here are some of the reasons why and things to look out for when looking through the annual report of the company (Image source: pixabay.com, PeteLinforth) Checking on the health of the company The financial statements in the annual report can give a broad overview of how the company did that year and its current position. Looking at the debt levels, the account payables and receivables can help to give you a better idea of how the company has done in the previous year and whether it has met your expectations for it as well as whether it is in a position to continue ......