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Workshop

Corporate Reporting
KWD Webranking Forum
23 January 2014
I am
Staffan Lindgren
Who are you?
Introduction to workshop

Food for thought
What is happening in the world?

Internet

Smart Phones
iPad
Mobile Phones

CD-ROM
PCs
Cable TV
VCRs
Satellite TV
Color TV
Mainframe
Computers
Radio
TV
Cinema

Source RISI, Jaakko Pöyry, PPPC
Advertising revenue for US newspapers declines fast

Source US Newspaper Advertising Revenue
Newspaper Association of America published data
A few different ways of delivering online reports today
Online Report

Complete annual, quarterly or other report including
financials and notes, in a mobile and desktop friendly
format.

Hybrid report

Online report where financials are available in PDF only.

Online PDF

PDF viewer allowing the user to go from page to page

Digital Publication Digital document published as an app through Newsstand,
Google Play or for Windows 8 tablets.
What are companies using today?
97%

Latest report as PDF
27 % of total have relevant bookmarks

31,1%

Online Report, with financial tables in HTML

3,6%

Hybrid Reports with financials in PDF

28,1%

Post links to reports to social media

Source KWD Webranking 2013-2014
Why
did we end up
here?
You start with a
print Annual Report
Digital version of a print product
• Produced after the ”real” printed Annual
Report is released

• Text and content is written for print
• Graphs and illustrations are copied with low
resolution and becomes hard to read

• Because of cost hybrid solutions are used
where financial tables are only provided in
PDF format
• Viewed as an extra cost outside of the Annual
Report budget
All the weaknesses
from print and digital media
combined
?
Why do we have
an Annual Report?

For who?

When are they going to use it?

Where are they going to use it?

What is our message?

How are we going to
produce it?
Why Annual Reports?
Annual Report
1991

-

Information to our shareholders
Most important document for analysts
Listing requirement
Historical document telling our story of the
year and how we view the future

What?


Complete and comprehensive magazine styled
document that is sent by post to all
shareholders and other stakeholders
Behaviors changed

”What brought us here, won’t take us there”
Annual Report
2013

Analyst focus shifted to
quarterly reports
Pace of information
in society has changed
Digital revolution
We read on ipads
Where we read
has changed

Is the answer a printed magazine distributed by post?
What is the answer today?

?






Why do we produce an Annual Report?

For whom?
When is it being used?

Where is it used?
What is our story?

How are we going to produce it?
Open forum

Let us discuss
Why do we make
corporate reports
today?
Print?
Digital Publication
vs
Online Report
Reports
vs
Corporate Site
One Report
vs
Many reports and
communication tools
How do we reach our
audience?
Corporate reporting workshop - 2014

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Corporate reporting workshop - 2014

  • 5. What is happening in the world? Internet Smart Phones iPad Mobile Phones CD-ROM PCs Cable TV VCRs Satellite TV Color TV Mainframe Computers Radio TV Cinema Source RISI, Jaakko Pöyry, PPPC
  • 6. Advertising revenue for US newspapers declines fast Source US Newspaper Advertising Revenue Newspaper Association of America published data
  • 7. A few different ways of delivering online reports today Online Report Complete annual, quarterly or other report including financials and notes, in a mobile and desktop friendly format. Hybrid report Online report where financials are available in PDF only. Online PDF PDF viewer allowing the user to go from page to page Digital Publication Digital document published as an app through Newsstand, Google Play or for Windows 8 tablets.
  • 8. What are companies using today? 97% Latest report as PDF 27 % of total have relevant bookmarks 31,1% Online Report, with financial tables in HTML 3,6% Hybrid Reports with financials in PDF 28,1% Post links to reports to social media Source KWD Webranking 2013-2014
  • 9. Why did we end up here?
  • 10. You start with a print Annual Report
  • 11. Digital version of a print product • Produced after the ”real” printed Annual Report is released • Text and content is written for print • Graphs and illustrations are copied with low resolution and becomes hard to read • Because of cost hybrid solutions are used where financial tables are only provided in PDF format • Viewed as an extra cost outside of the Annual Report budget
  • 12. All the weaknesses from print and digital media combined
  • 13. ? Why do we have an Annual Report?
  • 15.  When are they going to use it?
  • 16.  Where are they going to use it?
  • 17.  What is our message?
  • 18.  How are we going to produce it?
  • 19. Why Annual Reports? Annual Report 1991 - Information to our shareholders Most important document for analysts Listing requirement Historical document telling our story of the year and how we view the future What?  Complete and comprehensive magazine styled document that is sent by post to all shareholders and other stakeholders
  • 20. Behaviors changed ”What brought us here, won’t take us there” Annual Report 2013 Analyst focus shifted to quarterly reports Pace of information in society has changed Digital revolution We read on ipads Where we read has changed Is the answer a printed magazine distributed by post?
  • 21. What is the answer today? ?      Why do we produce an Annual Report? For whom? When is it being used? Where is it used? What is our story? How are we going to produce it?
  • 22. Open forum Let us discuss
  • 23. Why do we make corporate reports today?
  • 27. One Report vs Many reports and communication tools
  • 28. How do we reach our audience?