Which of the following is NOT an integral part of Annual Report of a company?

Ratio Analysis

The correct answer is option 3- Ratio Analysis.

Ratio Analysis is NOT an integral part of Annual Report of a company. It is tool for the analysis of financial statements.

Financial statements are the basic and formal annual reports through which the corporate management communicates financial information to its owners and various other external parties which include investors, tax authorities, government, employees, etc. These normally refer to: (a) the balance sheet (position statement) as at the end of accounting period, and (b) the statement of profit and loss of a company. Now-a-days, the cash flow statement is also taken as an integral component of the financial statements of a company.