The First Annual Report (or The First Annual Report Of Throbbing Gristle) is a bootleg

Bootleg recording

A bootleg recording is an audio or video recording of a performance that was not officially released by the artist or under other legal authority. The process of making and distributing such recordings is known as bootlegging...

 of music recorded by Throbbing Gristle

Throbbing Gristle

Throbbing Gristle were an English industrial, avant-garde music and visual arts group that evolved from the performance art group COUM Transmissions...

. Throbbing Gristle's debut was a cassette (later released commercially as IRC 0, with the label noting "This tape was originally hand copied and sent to friends.") titled Best Of.... Volume I

Best Of.... Volume I

Best Of.... Volume I is a cassette release by industrial group Throbbing Gristle. It is be the first ever recorded material by Throbbing Gristle, although it is possible that TG did experiment with "industrial music" music in a long time to end up with the concept off which they got to.The liner...

, and was followed by Best Of.... Volume II

Best Of.... Volume II

Best Of.... Volume II is a cassette release by industrial group Throbbing Gristle, and was the second ever released material by them. It was originally handcopied and limited to 50 copies, but later rereleased in the original TG24 cassette boxset...

cassette (IRC 1), which contained the tracks "Very Friendly", "Scars of E", "Slugbait", "We Hate You" and "Dead Ed".