What is the statement of financial position?

Statement of financial position of a business is the profit and loss summary alongwith total expenses for the financial year.
Summary of your Assets and Liabilities.

The Financial Position is the components of Assets , liabilties & owners' equity. It shows the true picture of the company's networth & short term & long term obligation.

Statement of Financial Position, also known as the Balance Sheet, presents the financial position of an entity at a given date.
It is comprised of three main components: Assets, liabilities and equity.

I agree with the above comments:

The financial position of a company reflects from their Financial Statements, which comprise of 

1. Profit and Loss statement

2. Balance Sheet (Asset and Liabilities)

3. Statement of Equity movement and;

4. Cash flow statement

5. The Auditors report or Management letter issued to the company