Financial reporting
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docs(disclosure): sweep remaining AIF venture-issuer carve-out corrections across 11 EN+ES article pairs
@@ -4,7 +4,7 @@ title: "Financial reporting" slug: about-financial-reporting category: disclosure index_group: how-disclosure-works last_edited: 2026-07-11 last_edited: 2026-08-24 editor: woodfine-editorial status: stable short_description: "Periodic financial disclosures Woodfine Capital Projects Inc. intends to file as a reporting issuer under NI 51-102 upon effectiveness of its planned prospectus offering." @@ -21,14 +21,17 @@ Woodfine Capital Projects Inc. intends to file mandatory annual and interim fina disclosures as a [[regulated-reporting-entity|reporting issuer]] under National Instrument 51-102 *[[about-disclosure-obligations|Continuous Disclosure Obligations]]*, upon effectiveness of its planned prospectus offering.[^1] These filings give investors and regulators audited and reviewed financial statements, management's analysis of results and outlook, and the annual information form that describes the company's business, risk factors, and governance structure. financial statements and management's analysis of results and outlook. If WCP is classified as a non-venture issuer, its filings also include an annual information form describing the company's business, risk factors, and governance structure — a venture issuer is not required to file one. ## Annual reporting cycle [[about-annual-reporting-cycle|Annual disclosure]] for the fiscal year ended December 31 is due no later than March 31 of the following year (90 days after fiscal year end). The annual filing package consists of three components. following year (90 days after fiscal year end, or 120 days for a venture issuer). The annual filing package consists of up to three components; a venture issuer's package consists of the first two below, since venture issuers are not required to file an annual information form. **Audited annual financial statements** are prepared in accordance with International Financial Reporting Standards as adopted by the Canadian Accounting Standards Board. They include the @@ -42,11 +45,12 @@ during the fiscal year. It includes a forward-looking overview of business prior factors. Material assumptions underlying forward-looking statements are identified and disclosed. The annual MD&A is filed together with the annual financial statements. **Annual information form (AIF)** on Form 51-102F2 provides background on the company's corporate structure, business operations, properties, risk factors, directors and officers, legal proceedings, and audit committee composition. The AIF is the primary document for investors seeking a comprehensive factual description of the company's business and governance at a point in time. **Annual information form (AIF)** on Form 51-102F2, where one is filed, provides background on the company's corporate structure, business operations, properties, risk factors, directors and officers, legal proceedings, and audit committee composition. Filing an AIF is mandatory only for a non-venture issuer; a venture issuer is not required to file one, though it may do so voluntarily. Where filed, the AIF is the primary document for investors seeking a comprehensive factual description of the company's business and governance at a point in time. ## Interim reporting cycle @@ -72,8 +76,10 @@ This section describes NI 51-102 reporting as it applies to the Canada and Unite direct-hold solution that has completed a prospectus offering is a distinct reporting issuer with its own obligations under NI 51-102; WCP intends to become a reporting issuer upon effectiveness of its planned prospectus offering. Each LP-form direct-hold solution files its own audited annual financial statements, annual information form, and MD&A as a standalone issuer; these are not consolidated into WCP's financial statements. The Spain SOCIMI and own audited annual financial statements and MD&A as a standalone issuer; where a solution is a non-venture issuer, it also files an annual information form. As a venture issuer, Professional Centres Canada LP is not required to file an AIF. None of these filings are consolidated into WCP's financial statements. The Spain SOCIMI and Mexico FIBRA report to their own jurisdictions' regulators — the CNMV and CNBV respectively — under those regulators' own disclosure regimes, not NI 51-102 or SEDAR+.