Has three segments that when analyzed together give an idea of what the company owns and what it owes.Is published once a year and provides stockholders with details about the companys performance and financial condition.Accounts for all revenues and expenses over an accounting period.Reconciles (1) the amount of stockholders equity recorded at the beginning of the reporting period, (2) changes during that period, and (3) the amount of stockholders equity at the end of the reporting period.Gives details about the companys cash at the beginning of the year and what is left at the end of the year, including some details about where cash was generated and where it was used during the course of the year.