Your 9 Essentials For A Great Annual Report

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Annual reports are often considered the ‘thoroughbreds’ of corporate document production: they need a steady hand on the reins to get across the finish line.

Over the past 20 or so years Andrew Pegler Media has been involved in the plain-English editing, writing, layout and design of 250+ annual reports. This includes three for NAB, four for the Victorian Department of Premier and Cabinet, four for Hostplus, six for the NSW Aboriginal Land Council and others for Rio Tinto, Australian Super and Medibank. During this time, we’ve picked up a thing or two about best practice in annual report production, which will help get you out of the starting gate!

During this time, we’ve picked up a thing or two about best practice in annual report production, which will help get you out of the starting gate!

The tone and style of your brand needs to be evident in your annual report through the design, layout, images and writing. It’s no good trying to convince people your brand is a champion if your annual report resembles a hack. The more on brand you are, the more consistent you appear and the more familiar you’ll be. But it’s not an advertising spiel. Given the serious and regulatory nature of the document, you can afford to rein it in a little. Essentially, your annual report is the form guide for your company and brand, a record of its past performance and future potential. And, as a front-runner in your corporate communications stable, it should clearly sport that stable’s colours. It’s no good saying your main point of difference is that you’re imaginative if the language and layout of your annual report is anything but. The same goes if you want to project a stable, conservative corporate image by keeping it low key but stylish.

Learn to edit. You may want to include every last entry but people don’t necessarily want to know everything. Stick with one simple rule: annual reports are a lot easier to read (and digest) if they’re well structured and have something interesting to say. What is the story? Decide what you want to focus on, and align that with your company’s key messages and brand. And include the good, the bad and the ugly. We’ve advised many leading corporations on how to present both good and not-so-good news.

Graphically speaking, of course. Decide which statistics best represent your main narratives, and use them to highlight your strategy and performance. Consider highlighting your key achievements with a ‘this year in numbers’ page. Case studies and also very useful and of course info graphics are, as Zoolander’s Mugatumight say, “so hot right now”.

‘Pull-out’ text in a larger font can introduce the key messages on a page, and it’s a great way to catch the attention of a roving eye. For example, “Why we’ve doubled our IT investment,” or “Our UK business is looking up”. Case studies can also be very useful to engage the reader with the story behind the scenes.

Given the wholesale access to modern technology, printing an annual report is no longer a proven race winner. A PDF download is much cheaper, and a more effective means of getting the most eyes on this crucial document. It allows for videos, interactive infographics, even animations for more effective messaging. And you can still offer a print version on request — just fire up the colour printer and binder, lick the stamp and drop it in the mail. Whether you go digital, hardcopy or both depends on your budget, time constraints and, naturally, your shareholders/stakeholders particular preferences. A quick survey should reveal all you need to know.

Presenting your annual report online means you can track every download — from identifying the most popular pages and animations or videos viewed to what infographics got the greatest number of clicks. In other words, what worked and what didn’t. It’s vital insider information that enables you to get the jump on how best to present your results.

Yes, many people these days will read your report on an iPad, smartphone or other device so be sure to design for this. Highlight your best stats and key performance points, have lots of white space and, above all, be concise.

Tailoring information to your target audience is a golden rule, as is consistency in your company’s message. An engaging and comprehensive annual report should act as a stable mate to your overall communications strategy. For example, a report we completed for a major bank strategically reflected and amplified its upcoming 12-month plan of community activities.

Writing and designing annual reports is a specific skill, and your approach and budget will dictate how you run that race. You may simply need someone to plain-English edit your supplied copy and lay it out in an on-brand design for the sprint down the home straight. Alternatively, you may decide on the long-distance runner, and have a company like us come in plan your annual report strategy from go to whoa. Either way, annual reports are highly technical documents and you need a steady hand so always opt for experience.

“everything should be made as simple as possible, but not one bit simpler.”

Albert Einstein

Trusting Clients

Medibank
Techcombank
Victoria Government Gazette
Australian Government
Australian Super
Slater Gordon Lawyers
ANZ
Victoria State Government
ACCC logo
Nab
New South Wales Aboriginal Land Council
Telstra

Happy Clients

Thanks for all your efforts in helping Togethr Trustees get four annual reports completed on time in a year that we all agree has been extremely challenging. I look forward to working with you and the team next year.

Five Stars

Awenna Williams, Head of Experience, Togethr Trustees

Andrew and his team delivered the clear, streamlined annual report we wanted on time. And their flexibility and efficiency made the process run smoothly for us. A pleasure to work with!

Five Stars

Geoscape Australia

Andrew and his team have been fantastic to work with. Responsive, professional, and able to edit and condense complex information into an accessible form - and within the deadlines every time.

Five Stars

Indigenous Business Australia

The APM team were wholly professional and responsive. They met all deadlines and expectations for the project. APM skilfully negotiated the many challenges associated with project managing to get the best outcome for the Museum. The final result took our annual reporting to the next level. Thanks to everyone on the team!

Five Stars

Museum of Australian Democracy

I have known of Andrew and his team's expertise as specialist legal copywriters for many years, and have been finally able them to the test. I am so very glad that I could. They quickly responded to the brief and captured my company's tone of voice so well, that there were virtually no changes needed to the copy before it was finalised. Highly recommended!

Five Stars

Andrew Spalding, Founder & Managing Director at Get There