annual report
Loading your saved state.
annual report
A report, usually published annually by a company, that informs shareholders and the public about the financial situation, business activities, and results of the past fiscal year.
Der neue Geschäftsbericht zeigt einen deutlichen Gewinnanstieg für das Unternehmen im letzten Quartal.
The new annual report shows a clear increase in profit for the company in the last quarter.
The word is made up of 'Geschäft' (business) and 'Bericht' (report), connected by an 's.' So it is literally a report about a company's business.
Aktionäre lesen den Geschäftsbericht sehr genau.
Shareholders read the annual report very carefully.
A 'Geschäftsbericht' (annual report) is typically 'veröffentlicht' (published), 'vorgelegt' (submitted/presented), or 'präsentiert' (presented). Common adjectives are 'jährlich' (annual) or 'aktuell' (current).
Das Unternehmen hat gestern seinen neuen Geschäftsbericht vorgelegt.
The company presented its new annual report yesterday.
This word belongs to the specialized language of business and finance. You hear or read it mainly in business news or in corporate contexts.
Im Geschäftsbericht stehen alle wichtigen Kennzahlen des Unternehmens.
The annual report contains all the company's important key figures.
balance sheet / assessment
'die Bilanz' and 'der Geschäftsbericht' can both occur in a company and have to do with finances. But they are not the same thing. The 'Bilanz' is a precise statement of assets and liabilities on a specific reporting date. The 'Geschäftsbericht' is a larger report on the entire fiscal year. It can contain a balance sheet, but also many other pieces of information, for example about business development. The words are easy to confuse because both appear in a company's annual documents. Memory aid: the balance sheet is a part or a financial statement; the annual report is the whole document.
Im Büro liest sie den Geschäftsbericht, um die Entwicklung des letzten Jahres zu verstehen.
At the office, she reads the annual report to understand how things developed over the last year.
Die Bilanz zeigt, dass das Unternehmen mehr Vermögen als Schulden hat.
The balance sheet shows that the company has more assets than liabilities.