A statement of a company's [[Assets|assets]] and [[Liabilities|liabilities]] provided for the benefit of [[Shareholder|shareholder]]s and regulators. It gives a snapshot at a specific point in time of the assets the company holds and how they have been financed. | A statement of a company's [[Assets|assets]] and [[Liabilities|liabilities]] provided for the benefit of [[Shareholder|shareholder]]s and regulators. It gives a snapshot at a specific point in time of the assets the company holds and how they have been financed. |