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Historical financial statement. A financial statement (or financial report) is a formal record of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand.istorical financial statement. A financial statement (or financial report) is a formal record of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand.
C2 also bank statement a record of the amounts of money paid into and taken out of your bank account during a particular period of time. More examples. 1  My original statement has been completely distorted by the media.  The statement said there would be no end to the violence until the terrorists' demands were met.