the owners are also presented with regular updates.
Most corporations nowadays present quarterly earnings announcements,
quarterly updates on their financial position.
And if there are particular items of material value
to the owners in the corporation, they would have extraordinary communications.
Extraordinary communications, for example, if there is a restructuring or
if there is an opportunity to take over another company and
enlarge the business operations.
So at this annual general meeting, the numbers are presented.
But behind those numbers is a lot of financial analysis.
And that financial analysis gets reflected in the narrative.
But it is also further explained beyond the annual general meeting
by a series of financial analysts.
And we will come back to those financial analysts, what they do, why they do, and
how they do it in the next set of modules.
So the numbers that are presented are first and foremost the balance sheet, and
the profit and loss statement.
The balance sheet will tell the shareholders what
the financial position of the corporation is at a particular point in time.
And we will go into some detail explaining what these numbers actually mean.