Form 10-K
As Form 10-K is from the SEC a US authority for the control of, securities trading , an annual report in a standardized form called.
In contrast to the annual report , which is often printed in bright colors on glossy paper, Form 10-K is simple and strictly standardized. It contains information on the company's history, structure, salaries of the board members, subsidiaries and standardized annual financial statements . Corporations with assets in excess of $ 10 million and with more than 2,000 shareholders, whether public or private, must file a Form 10-K report. All Form-10-K reports are searchable through the SEC's EDGAR database.
In addition to the annual Form 10-K, companies must complete Form 10-Q for the first three quarters . If something important happens in the last quarter before the annual report is submitted, such as B. a bankruptcy , the form 8-K must be filled out.
The name Form 10-K comes from the Code of Federal Regulations (CFR) under the Securities Exchange Act of 1934.
| section | Headline | contains |
|---|---|---|
| 1 | Business | Overview of the company, business environment |
| 1A | Risk Factors | Risk factors (dependence on economic development, risks of business strategy) |
| 1B | Unresolved Staff Comments | / |
| 2 | Properties | Number of plants & offices |
| 3 | Legal proceedings | Pending proceedings |
| 4th | Mine Safety Disclosures | only at mining companies |
| 5 | Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | Development of the stock exchange price |
| 6th | Selected Financial Data | Profit and Loss Account |
| 7th | Management's Discussion and Analysis of Financial Condition and Results of Operations | Analysis of the operating result |
| 7A | Quantitative and Qualitative Disclosures About Market Risk | Numerical risk assessment |
| 8th | Financial Statements and Supplementary Data | Detailed balance |
| 9 | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure | / |
| 9A | Controls and Procedures | Evaluation of the corporate governance system |
| 9B | Other information | Further information |
| 10 | Directors, Executive Officers and Corporate Governance | Management (CVs) |
| 11 | Executive Compensation | Management remuneration |
| 12 | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | Management share ownership |
| 13 | Certain Relationships and Related Transactions, and Director Independence | Disclosure of Managers' Transactions |
| 14th | Principal Accounting Fees and Services | Auditing costs |
| 15th | Exhibits, Financial Statement Schedules | Next appointment |
Sections 10-14 are often treated together.