This paper describes the HTAC system submitted to the Financial Narrative Summarization Shared Task (FNS-2022). A methodology implementing Financial narrative Processing (FNP) to summarise financial annual reports, named Hybrid TF-IDF and Clustering (HTAC). This involves a hybrid approach combining TF-IDF sentence ranking as an NLP tool with a state-of-the-art Clustering Machine learning model to produce short 1000-word summaries of long financial annual reports. These Annual Reports are a legal responsibility of public companies and are in excess of 50,000 words. The model extracts the crucial information from these documents, discarding the extraneous content, leaving only the crucial information in a shorter, non-redundant summary. Producing summaries that are more effective than summaries produced by two pre-existing generic summarisers.