Does the Bhc financial statement include a balance sheet?
Bhc Franchise · 2025 FDDAnswer from 2025 FDD Document
| PAGE | ||
|---|---|---|
| Independent Audit | 1 | |
| Report | 2 | |
| Consolidated Balance Sheet | 3 4 | |
| Consolidated Statement of Income | 5 | |
| Equity | 6 | |
| Consolidated Statement of Cash Flows | 7 | |
| Notes to Consolidated Financial Statements | 8 13 | |
| Supplementary Information | 14 | |
| Consolidated Schedule of Operating Expenses |
Source: Item 21 — Financial Statements (FDD page 52)
What This Means (2025 FDD)
According to Bhc's 2025 Franchise Disclosure Document, the financial statements include a consolidated balance sheet. Item 21 indicates that Exhibit C contains Bhc USA LLC's audited financial statements for the fiscal years ended December 31, 2024.
Exhibit C, as outlined in the table of contents, includes several key financial statements. These include the Independent Audit Report, Consolidated Balance Sheet, Consolidated Statement of Income, Equity, Consolidated Statement of Cash Flows, Notes to Consolidated Financial Statements, Supplementary Information, and Consolidated Schedule of Operating Expenses.
The inclusion of a consolidated balance sheet, along with other standard financial statements, is typical for franchise systems. This allows prospective franchisees to review Bhc's financial health and stability. The balance sheet provides a snapshot of the company's assets, liabilities, and equity at a specific point in time, offering insights into its financial structure.
Furthermore, the Independent Auditor Report included in the financial statements indicates that an independent accounting firm has audited these statements. This audit provides an additional level of assurance regarding the accuracy and reliability of the financial information presented.