Country Road Limited The company I have selected for the purpose of this report is Country Road Limited. It is a listed Australian company that operates in the retail industry. It is a high-end store for clothing, footwear, fashion accessories and furniture. Eighty-eight percent of Country Road Limited is owned by another company, Woolworths Holding Limited, which is a South African company. Country Road Limited had revenue of $423,791,000 in 2011 and its net profit was $18,218,000 for the same year (Country Road Limited 2011). Disclosure Index Accounting disclosure refers to the obligation of publishing all pertinent information regarding the business which may affect the decisions of the stakeholders of the company (Sulivan 2011). In order for a company to be listed in a particular exchange, it has to disclose all the information that the relevant regulatory body has made compulsory. The purpose of this regulation is to make the business operations of the company as fair and transparent as possible. All the stakeholders of the company do not have a thorough understanding of the financial market; therefore, the regulatory body makes sure that the companies release all the information which may help the investors and other stakeholders in understanding the operations of the company, and making educated financial decisions. Following is a comprehensive disclosure index of all the mandatory and voluntary disclosures made by the company: Income Statement The company is listed on the stock exchange and is required by law to disclose its earnings and expenses for the whole year. Country Road Ltd. has released its income statement in accordance with the regulations and the Net Income, obtained after adjusting for all the expenses and taxes, is $18,218,000 for the year 2011, whereas the revenue for the year was $423,791,000 (Country Road Limited 2011). Balance Sheet The second major disclosure is the Balance Sheet, which represents the financial position of the company for a specific point in time. It shows all the current and non-current assets, and current and non-current liabilities of the company, in addition to the shareholder’s equity. The total Balance Sheet size of the company in 2011 is $149,280,000 (Country Road Limited 2011). Statement of Other Comprehensive Income The company has also separately disclosed its other income. This needs to be disclosed separately from the income statement because it is not generated through the operations of the firm, and is beyond the control of the managers. The other comprehensive income of the company for 2011 is $13,327,000 (Country Road Limited 2011). Statement of Changes in Equity The company also discloses any changes that have occurred in the equity. Any issuance of new stock or purchase of treasury stock has to be disclosed in this section. Statement of Cash Flows Another major disclosure for the company is the detailed cash flow of the company. It has to be disclosed separately from the income statement because it reflects the movement of liquid cash and not accounting profit, which is of significant importance from various perspectives. During the fiscal year 2011, the company’s cash and cash equivalents increased from $2,466,