Financial statements from Croatia

Schmidt & Schmidt offers financial statements from Croatia in electronic form and their translations into English.

According to law, companies in Croatia must publish annual financial statements. These data are reported in electronic form or in paper. Depending on the company’s assets, revenue, number of employees, nature of business and legal form, the law requires different amounts of data to be published.

Reporting of financial statements in Croatia is subject to the Accounting Act and other regulations.

Croatian accounting standards mostly correspond with the IFRS.

Financial statements are filed to financial agency of Croatia (FINA).

Financial statements of the following companies must be submitted in full form and reviewed by an auditor:

• Large companies
• Medium-sized companies
• Subjects of substantial public interest

Financial statements must be filed within three months after the end of the financial year. Delayed filing of financial statements is punishable.

Full annual report includes:

• Financial statement
• Auditor’s report
• Report on payments to the public sector
• Director’s report (including forecasts, information about research and development, purchase of shares, branch offices, used financial instruments)
• Non-financial report

Non-financial reports are filed by large companies of public interest.

Non-financial report includes:

• Short description of the business model
• Description of the company’s policy
• Company’s policy results
• Risks
• Non-financial key information

Annual financial reports are filed by all businesses.

Financial statement includes:

• Balance sheet
• Profit and loss report
• Cash flow statement
• Equity statement
• Notes

Example of a financial statement from Croatia in the Croatian language.

Financial statements provide detailed information about a company’s financial state, solvency and performance of an enterprise.

Depending on the size of the enterprise, its financial statement can contain up to several hundred pages.

Financial statements are provided by the financial agency of Croatia which keeps a special register of annual financial statements (RGFI). Most data from financial statements are public and can be obtained directly at the agency’s office or in electronic form with a special online service.

Financial statements can provide valuable information about potential business partner which can be used for making decisions like purchasing capital shares or goods or taking legal action to collect debts.

To obtain financial statements of a specific enterprise, its full name or registration number are required.

Financial statements are provided in accordance with the Croatian legislation and legal requirements on personal data protection.

On our website, you can make a preliminary request if a certain company’s financial statements are obtainable.