Annual Report: A Deep Dive Into Success And Growth

Let’s break down this financial information and make it easier to understand.

The table you provided shows Net Assets at the beginning of the year for different periods. Net Assets represent the total value of an organization’s assets (what it owns) minus its liabilities (what it owes). Here’s what the table is telling us:

Alejandro Foxley: In the period when Alejandro Foxley was in charge, the organization started with 121,465 in net assets.
Hernán Larraín: When Hernán Larraín took over, net assets increased significantly to 525,440.
Sebastián Piñera: Under Sebastián Piñera’s leadership, net assets experienced a substantial growth, reaching 4,955,984.
Michelle Bachelet: During Michelle Bachelet’s time on leave, the net assets continued to rise, reaching 5,359,959.

56 Pages is probably a reference to the number of pages in the financial report.

Diving Deeper into Net Assets

Net Assets are a crucial indicator of an organization’s financial health. A higher net asset figure suggests that the organization is financially strong and has more resources available to achieve its goals. There are a few key factors that can influence changes in net assets:

Revenue: If an organization brings in more revenue than it spends, its net assets will increase. Revenue could come from things like donations, grants, sales of goods or services, or investments.
Expenses: When an organization spends more than it earns, its net assets decrease. Expenses cover things like salaries, rent, utilities, and supplies.
Investments: A successful investment strategy can lead to a growth in net assets. However, investments can also be risky and could result in losses.
Debt: Taking on debt can temporarily increase net assets, but the organization will need to repay the debt, which will ultimately reduce its net assets.

By analyzing changes in net assets over time, you can gain insights into how well an organization is managing its resources and achieving its goals. It’s important to consider the specific context and factors contributing to changes in net assets to understand the full picture.