Quote Originally Posted by percy View Post
wbosher,
try your local library,business section.peter lynch and jim slater have also written good books on the market.I found The Zulu Principal by jim slater excellent.If they do not have it they may get it from another library for you.All the Buffet books are good.
Hey, thanks for everyones help here.

I have been looking over some annual reports for several companies, not for any particular reason just curiosity. I have come across several numbers which don't stack up and would like to know if this is normal.

Just as an example I have looked at the balance sheet going back four or five years for a couple of NZX listed companies. Below is some examples.

I will use Total Assets as an example. In the 2010 report it states that this is 46,006,000 and in the column for 2009 it has 10,397,000. However, in the 2009 report, the Total Assets says 42,560,000 and the 2008 column says 32,898,000. In the 2008 report, the figures are different again for 2008 than what is on the 2008 column in the 2009 report.

I would think that if the 2009 annual report says one thing, then in the 2009 column in the 2010 report should say the same thing!

Any advice on this? Why would this change?

Cheers.