Does the Bhc financial statement include an income statement?
Bhc Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying consolidated financial statements of BHC USA LLC (a California Limited Liability Company) and its subsidiaries, which comprise the consolidated balance sheet as of December 31, 2024, and the consolidated related statem , and cash flows for the year then ended, and the related notes to the consolidated financial statements.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of BHC USA LLC and subsidiaries as of December 31, 2024, and the results of its operations and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
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 an income statement. Specifically, the independent auditor's report states that the audit encompassed the consolidated financial statements, which include the consolidated balance sheet as of December 31, 2024, related statements, and cash flows for the year then ended.
This indicates that the audited financial statements for Bhc include not only a balance sheet and cash flow statement, but also an income statement, providing a comprehensive view of the company's financial performance and position. Prospective franchisees can review these statements to assess Bhc's profitability, financial stability, and overall financial health.
The inclusion of these statements, along with the independent auditor's report, suggests a commitment to transparency and adherence to generally accepted accounting principles. This allows potential investors and franchisees to make informed decisions based on reliable financial information. Franchisees should carefully examine these statements and consult with a financial advisor to fully understand the financial implications of investing in a Bhc franchise.