Financial Statement Examples

Below are example financial statements available online. For some of the statements I have provided comments or referred to specific sections of the financial statements for you to pursue. I will be updating these comments or referrals throughout the semester. I will also be adding additional statements to the list. Keep in mind the difference in the level of disclosure you get directly from the statements themselves and how often you must rely on the notes to the financial statements to clarify the information presented.

• AlliedSignal Inc.
• AMP Incorporated
• Apple
• AT&T: Annual Reports
• BankAmerica
• Chemical Bank
• Citicorp
• Dun & Bradstreet
• Deere & Company Corporate
• Digital Equipment Corporation
• DuPont Corporation
• Eastman Kodak Company
• Eli Lilly and Company
• Gannett Co., Inc.
  See this financial statement for disclosure of a change in Accounting Principles.
• Harris Corporate
• IBM
• J.P. Morgan & Co. Incorporated
• JAMES RIVER CORPORATION
  This is a good example of a quarterly report with balance sheet, income statement, and statement of cash flow information.
• JCPenney This is a good example of financial statements for a merchandising firm. Note the extraordinary item and the cumulative effect of an accounting change in the consolidated income statement . How would we find out what they mean when they say that the extraordinary item was a charge on debt redemption? Where can we look? (Hint: Start with the Notes to financial statements) Also note the primary and fully diluted earnings per share information. On the balance sheet note the section that says Property, net. What do you suppose they are referring to. "net" of what? Think about class discussion Sept 4, 1996. Read Note 2 to the financial statements. How helpful is it to know this type of information?
• Lockheed Martin Corporation
• Marriott International
  Here is a nice example of a service providers financial statements. Note the accounting change in the income statement, and the balance sheet presentation of Property and Equipment. Where will you find information about the historical cost of and the accumulated depreciation related to these assets? Try the notes to the financial statements. Click here to read about a summary of accounting principles and note the primary and fully diluted earnings per share information.
• McDonnell Douglas Aerospace
• Merck & Co., Inc.
  Here is an example set of financial statement for a manufacturing firm. How do these statements compare with Penney's and Marriott's.
• Microsoft Corporation
  Make sure you take a look at the income statement, balance sheet, and statement of cash flow information provided.
• Mobil Corporation
  Here is one of the oil and gas companies we talked in general about on Sept 4, 1996. Can you find out the size of their oil and gas reserves? Hint: Notes to the financial statements is a good place to start.
• Motorola Notice how Motorola presents its accounts receivable. It shows the net amount but provides you with the allowance for doubtful accounts in parentheses. Also check out the firms R.R. Donnelley This page has a neat feature that allows you to download Rockwell