Web-based reports and downloadable electronic documents that duplicate printed annuals have become more common in recent years, and investors are now being asked in proxy statements to check off a box to receive the annual report by email instead of print.
But Buffett's annual missives aren't known for their humor; they're known for an extraordinary level of candor and clarity.
But first, let's take a closer look at the problem with annuals as they are typically grown in our gardens, transplanted from plastic cells.
It is critical that the soil/root ball of annuals be well-watered prior to planting.
Most analysts compare three consecutive annuals, looking for year-to-year consistency.
Here's how to make sure your annual report is worth the money.
Because an annual
report is one of the few communication documents a chairman or CEO will take interest in, it's especially rewarding to hear a client tell us that the people in the corner offices also rely on our annuals
to help with marketing, recruiting, and public affairs," says Dan O'Brien, co-founder of MPP.
Clearly, all of this means that those making the list of "World's Best" annuals
enjoy better company.
not to mention thousands of annuals
published by government agencies, nonprofits and other private groups.
To be chosen from hundreds of outstanding annuals
is a great honor and we are thrilled to be included in the AR100," said Lee E.
Eastman's report is in the minority - 18 percent - of those with a comprehensive contents listing that offers a tip-off of what's to come and is among the 15 percent of annuals
containing a helpful glossary of complicated terms.
That's a definite decline from the nearly 10 percent of 1990 annuals
that hit the century mark.
But while last year's crop of annuals
yielded several reports that were truly innovative, 1993 produced some that rank as mere contrivance.
Overall, 1992 annuals
are three times more positive than those in 1991, a critical indication of the jump in quality.
FROM AROUND THE GLOBE AREN'T AMONG THE WORLD'S BEST