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3 | I like the color choices of this annual report design, it doesn't have many colors so it looks very consistent throughout the book. It has a lot of text but it doesn't suffocate the page. The negative space are also used very well. The way they do the paging is also unique. The simplicity of the design makes this annual report good.

This is not a foliofrom This is not a folio

Some editorial design. Back to basics

Circles

IPG Media Economy Report.

An Annual Report from this website: http://jayce-o.blogspot.com/2013/01/annual-report-design-ideas-annual-report-designs.html