Summary of Financial Statements & Reports

The financial statements are those that reflect the success of the management of the facility in managing the funds invested in it, whether by achieving profits that can be distributed to investors and shareholders or by increasing investments in the company through the reinvestment of the profits achieved The financial statements are divided into five basic statements.

It is the one through which the value of the company's assets, investments and properties can be identified, as well as the company's obligations, whether towards shareholders or external parties.

It was called in the past (trading list, profit and loss), which is the list responsible for displaying the result of the company's business during a specific period of time, which includes the revenues and the cost of these revenues in addition to all the expenses incurred by the company during this period of time to finally reach the measurement of the value of profit or loss achieved for the same period.

It is for simplicity It includes any profits or losses achieved by the company and does not fall within its operating activities and its main business, or profits or losses on the revaluation of an asset of the company And also profits or losses resulting from the company's investments in other sister companies.

It is one of the most important financial reports as it explains the details of cash flows in and out of the company during a period of time - in other words, it is the financial statement that focuses on the movement of cash in the company and clarifies the sources of obtaining it and the aspects of spending through which it can be judged on the efficiency of the company's management in managing money and its ability to provide cash on its own without resorting to sources of external financing (such as loans).

It is a list through which the movement of development on the company's equity (capital, shareholders' equity, retained earnings and reserves) can be tracked, and through it it is possible to know the value of dividends that were distributed to the shareholders in the company during the financial period.

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