Does the Bhc financial statement include statements for previous years?

According to Bhc's 2025 Franchise Disclosure Document, Exhibit C includes Bhc USA LLC's audited financial statements for the fiscal years ended as of December 31, 2024. Additionally, the exhibit contains an unaudited opening balance sheet along with an independent accountant's compilation report.

While the financial statement includes the fiscal year ending December 31, 2024, the document does not explicitly state whether the financial statements include information from previous years. Typically, it is common practice for financial statements to include comparative data from prior years to provide a more comprehensive view of the company's financial performance and position over time. This allows for trend analysis and a better understanding of the company's financial health.

A prospective franchisee should inquire with Bhc about whether the financial statements presented in Exhibit C include comparative data from previous years. Understanding the company's financial performance over multiple years can help a franchisee make a more informed decision about investing in the franchise.