Vinamilk is the largest dairy company in Vietnam. It was also the 15th largest
company in Vietnam and formerly the most valuable public company listed in
Vietnam with annual revenue under US$1 billion. The sustainable development report
along with the annual report will make up an overall picture of Vinamilk’s activities
in one year. And year after year, Vinamilk’s inegrated Reporting practices are more
developing. Their reporting practices’ recent developments can be seen from 2012 to
2019.
An annual report is a comprehensive report on a company’s activities throughout the
preceding year. Annual reports are intended to give shareholders and other interested
people information about the company’s activities and financial performance.
Vinamilk’s typical annual reports always include General corporate information,
Operating and financial review, Director’s Report, Corporate governance information,
Chairpersons statement, Auditor’s report, Contents: non-audited information,
Financial statements including Balance sheet also known as Statement of Financial
Position, Income statement also known as profit and loss statement; Statement of
changes in equity and cash flow statement, Notes to the financial statements and
Other features. However, the 2012 annual report, Vinamilk doesn’t have as many
contents as the recent years. It doesn’t have contents such as Operating, financial
review and Auditor’s report. But from 2013 till recent years, Vinamilk’s annual reports
are getting more and more complete. Every annual report has chairwoman’s message
to have an overview of the business and financial performance with the corporate
profile – a summary of the company’s history of formation and development, recent
trends and goals. Financial highlights is the important part of the annual report.
Although these numbers are detailed in the Financial Statements, but Vinamilk
