: Sum of quarterly reports is not equal to annual reports I am trying to calculate a stock's worth and in doing so I am adding values of all the four quarters from quarterly reports but it is not equal to the value in the annual

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Sum of quarterly reports is not equal to annual reports
I am trying to calculate a stock's worth and in doing so I am adding values of all the four quarters from quarterly reports but it is not equal to the value in the annual report. I am trying to evaluate a bank's report.

The value there is in '000' so whenever I add 5,718,067,000 and 3,605,247,000 we get 9,323,314,000 and in annual report it shows 8,116,152,416

Just by adding two quarters I get a value that is greater than in the annual report.

Am I missing something? Any help would be appreciated.

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