In Berkshire Hathaway 1994 annual meeting afternoon session, there was an audience asking about Coca Cola and Warren Buffett mentioned Coca Cola has one of the best annual report ever written among other companies.
I think it will gives us a good guideline to judge whether an annual report is good or bad after reading the Coca Cola Company Annual Report 1993 that was praised by Warren Buffett. So enjoy reading it and here is the link:
http://getfilings.com/o0000950144-94-000600.html
[My 2 Cents]

An annual report by Coca Cola Company in 1993 is much better than 90% of all the 2018-2019 annual reports in KLSE Malaysia that I had read. It might due to different standard requirement as compared with USA and Malaysia but, it has been over 20+ years and yet, Malaysia improvement of the financial market is like a snail...
[Full Videos of Berkshire Hathaway Annual Meeting 1994]
https://buffett.cnbc.com/1994-berkshire-hathaway-annual-meeting/
[ABOUT - Collection: Warren Buffett]
Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :)