Financial statements are an accounting document issued by a company to provide shareholders and third parties with an overview of the economic, financial, and patrimonial conditions of the company.
The financial statements are made up of the balance sheet (an outline of the company's assets and liabilities), the P&L account (outline of the income), and the notes to the financial statements (providing a more in-depth analysis of some of the items included in the other documents, of assessment criteria, and other information.) Said documents are accompanied by the annual report on the financial statements, the report of the board of statutory auditors on the accounts, and by the report of external auditors where necessary.
Financial statements are issued annually.