There are at least three financial measurements should be prepared to measure company performance.

1. The balance sheet
2. The income statement
3. The statement of cash flows

In order to prepare an annual financial budget, there are 11 major categories and steps.

1. sales
2. cost of goods sold
3. gross profit
4. operating expenses
5. operating profit/loss
6. other income and expenses
7. pretax income
8. income taxes
9. net income
10. EBIT
11. EBITDA