For Bumble Roofing, on which pages of the financial statements can I find the Notes to Consolidated Financial Statements?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
| INDEPENDENT AUDITORS' REPORT | 3-4 |
|---|---|
| CONSOLIDATED BALANCE SHEETS | 5 |
| CONSOLIDATED STATEMENTS OF INCOME | 6 |
| CONSOLIDATED STATEMENTS OF MEMBER'S EQUITY | 7 |
| CONSOLIDATED STATEMENTS OF CASH FLOWS | 8 |
| NOTES TO CONSOLIDATED FINANCIAL STATEMENTS | 9-20 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the Notes to Consolidated Financial Statements are located on pages 9-20. These notes are an integral part of the consolidated financial statements.
These notes provide additional details and explanations of the figures and information presented in the core financial statements (balance sheets, income statements, equity statements, and cash flow statements). They offer context and clarification regarding the accounting methods used, potential risks, and significant events that impact the company's financial position.
For a prospective Bumble Roofing franchisee, reviewing these notes is crucial for a comprehensive understanding of the franchisor's financial health and stability. The notes can reveal important factors that may not be immediately apparent from the main financial statements, such as details about debt obligations, related party transactions, or contingent liabilities. Understanding these details can help a franchisee assess the financial risks and opportunities associated with investing in a Bumble Roofing franchise.