The skating rink will give me five tokens for every A on my Annual Report.

We Say So: Prehistoric Procter & Gamble

We continued taking a look at the PG Annual Report, and stumbled across this article from The Motley Fool about what could be gleaned from such a document. There is a lot of biased and extraneous information for our purposes, but there is information that could benefit us as potential investors. It's worth a read. This sort of research is good experience for choosing investments.

Then we just started talking about how many product lines a glom-co like PG has. It is staggering. Also interesting was the disparity between profit margins of different divisions. 

Table courtesy Fool.com 

 

The grooming division is killing it with a 29% profit margin. I guess you can convince anyone to spend extra on lipstick.

Again, the takeaway here is that we have a litter clearer idea of what we can look for in an annual report to get a feel for where a company might be coming from.

Profit!