DOCSLIB.ORG

Annual Report and Accounts 2017 | Mitchells & Butlers Plc | 1 All Bar One, Leicester Square, Reopened Late in 2016

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report and Accounts 2017 | Mitchells & Butlers Plc | 1 All Bar One, Leicester Square, Reopened Late in 2016 ANNUAL REPORT AND ACCOUNTS 2 0 1 7 Contents Financial highlights Strategic report Revenue £m 1 Welcome to Mitchells & Butlers 10 Chairman’s statement £2,180m 12 Mitchells & Butlers at a glance 2017** 2,180 14 Chief Executive’s business review 18 Our markets 2016 2,086 20 Our business model 2015 2,101 22 Our strategy 2014 1,970 24 Our strategy in action 28 Key performance indicators 2013 1,895 30 Corporate social responsibility 36 Risks and uncertainties 41 Financial review Adjusted* operating profit £m Governance 45 Chairman’s introduction to Governance £314m 46 Board of Directors 2017** 314 48 Directors’ report 54 Directors’ responsibilities statement 2016 318 55 Corporate governance statement 2015 328 62 Audit Committee report 2014 313 66 Report on Directors’ remuneration Financial statements 2013 310 89 Independent auditor’s report to the members of Mitchells & Butlers plc 96 Group income statement Adjusted* earnings per share pence 97 Group statement of comprehensive income 98 Group balance sheet 3 4 . 9 p 99 Group statement of changes in equity 100 Group cash flow statement 2017** 34.9 101 Notes to the financial statements 2016 34.9 134 Five year review 2015 35.7 135 Company financial statements 137 Notes to the Company financial statements 2014 32.6 Other information 2013 32.2 140 Alternative performance measures 143 Shareholder information * The Directors use a number of alternative performance measures (APMs) that are considered critical to aid understanding of the Group’s performance. Key measures are explained on pages 140 to 142 of this report. ** FY 2017 was a 53 week year. Financial review See pages 41 to 43 Welcome to Mitchells & Butlers We are a leading operator of managed STRATEGIC REPORT pubs and restaurants. Our strong portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, 1 TO 43 Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns. GOVERNANCE 44 In addition, we operate Innkeeper’s Lodge TO hotels in the UK and Alex restaurants and 87 bars in Germany. Over the last year we have invested £169m on both premiumising our offers and improving FINANCIAL the amenity for our guests. This, along with STATEMENTS 88 our continued focus on offering excellent guest experiences, has resulted in strong TO market outperformance. 139 OTHER INFORMATION 140 TO DON’T JUST TAKE 144 OUR WORD FOR IT. THIS IS WHAT OUR CUSTOMERS THINK… Annual report and accounts 2017 | Mitchells & Butlers plc | 1 All Bar One, Leicester Square, reopened late in 2016. The bar is full of style, with vibrant décor and comfortable surroundings split over two floors. The first floor features the main bar, well stocked with our ever-changing wine cellar and collection of perfectly crafted cocktails as well as our Espresso Coffee Bar with lounge style seating. The upstairs mezzanine is perfect to look out on the bustling Leicester Square, with relaxed seating, open plan kitchen and a second cocktail bar. 2 | Mitchells & Butlers plc | Annual report and accounts 2017 STRATEGIC REPORT 1 TO 43 GOVERNANCE 44 TO 87 | Mitchells & Butlers plc | 3 FINANCIAL STATEMENTS 88 Annual report and accounts 2017 TO 139 OTHER INFORMATION 140 TO 144 More customer feedback customer More EXCELLENT.” ALL ONE BAR LEICESTER SQUARE SERVICE WAS SERVICE TRAIN. THE LONDON MISSED OUR LUNCH HAVING HAVING LUNCH FOR A QUICKFOR “WE NIPPED IN“WE NIPPED 4 | Mitchells & Butlers plc | Annual report and accounts 2017 “IT’S OUR REGULAR STRATEGIC REPORT POST-WORK HAUNT. WE LOVE TRYING THE 1 TO 43 SELECTION OF ALES GOVERNANCE 44 WHILE PUTTING THE TO WORLD TO RIGHTS!” 87 THE BLACKFRIAR LONDON FINANCIAL STATEMENTS 88 TO 139 OTHER INFORMATION 140 TO The Blackfriar, part of our Nicholson’s collection 144 of historic city centre pubs, is an historic art nouveau grade II masterpiece of a pub built in 1875 on the site of a Dominican friary. The building was designed by architect H. Fuller-Clark and artist Henry Poole, both committed to the free-thinking of the arts and crafts movement. Jolly friars appear everywhere in the pub in sculptures, mosaics and reliefs. It is fortunate that the pub is still here as it was saved from demolition in the More customer feedback 1960s by a campaign led by Sir John Betjeman, the former poet laureate. Annual report and accounts 2017 | Mitchells & Butlers plc | 5 The Ferry Pub and Restaurant, Cookham, is nestled in an idyllic location on the banks of the River Thames. Whether you pop in for a refreshing pint on a summer’s day, a scrumptious Sunday roast, or a delicious three- course meal in truly special surroundings, you’re sure to leave with a smile on your face. With a diverse selection of carefully developed menus, you’ll find everything from tasty light bites and devilish desserts, through to hearty pub food and tempting sharing platters. 6 | Mitchells & Butlers plc | Annual report and accounts 2017 STRATEGIC REPORT 1 TO 43 GOVERNANCE 44 TO 87 | Mitchells & Butlers plc | 7 FINANCIAL STATEMENTS 88 Annual report and accounts 2017 TO 139 OTHER INFORMATION 140 TO 144 More customer feedback customer More COOKHAM FOOD IS GREAT.” IS FOOD THE PUB FERRY AND RESTAURANT THE CHOICE OF CHOICE THE IS STUNNING AND STUNNING IS A MONTH. THE VIEW THE A MONTH. A CATCH-UP ONCE A CATCH-UP “WE MEET HERE FOR“WE HERE MEET The Crown & Greyhound in South London reopened in June 2017 following an extensive refurbishment and extension. It offers a relaxed lunch, an indulgent dinner or lazy brunch, with an enticing and flavoursome menu, focusing on provenance, local suppliers and the freshest of British seasonal ingredients. Its diverse and explorative drinks range includes well-kept cask ales, craft beers, premium lagers and ciders, a seriously seductive wine list and an exceptional selection of artisan spirits – all served in a laid-back yet vibrant pub atmosphere, complete with authentic interior, outdoor barbecue area and delightful urban beer garden. More customer feedback 8 | Mitchells & Butlers plc | Annual report and accounts 2017 STRATEGIC REPORT 1 TO 43 GOVERNANCE 44 TO 87 | Mitchells & Butlers plc | 9 FINANCIAL STATEMENTS 88 Annual report and accounts 2017 TO 139 OTHER INFORMATION 140 TO 144 DULWICH DULWICH WORLD GO BY.” GO WORLD THE & GREYHOUND CROWN JUST TO WATCH THE WATCH TO JUST WALK. IT’S LOVELY LOVELY IT’S WALK. STOP ON OUR DAILY DAILY OUR ON STOP “IT’S OUR REGULAR OUR “IT’S Chairman’s statement BUILDING MOMENTUM THROUGH STRATEGIC F O C U S I am delighted that we have returned the Group to like-for-like sales growth and are performing ahead of the market. Bob Ivell Chairman 10 | Mitchells & Butlers plc | Annual report and accounts 2017 This year we have achieved strong progress Operational highlights STRATEGIC REPORT against the strategic priorities that we identified despite a challenging and uncertain environment. Number of managed sites (at year end) Through this strategic focus we have increased our market share, evidenced through our 1 , 6 9 5 like-for-like salesa outperformance of the market 2017 1,695 this year and have taken steps to position the 1 TO 43 Group well for the year ahead. 2016 1,768 I am delighted by the increasing momentum in our sales performance 2015 1,779 during a period which has seen mixed results across the sector. The cost headwinds facing the industry have impacted profits as we expected 2014 1,775 and our adjusted earnings per sharea were down 1.4% as a result. 2013 1,589 However, I am encouraged by the results across the business which GOVERNANCE 44 show success in the steps being taken to better position the Group in the evolving market. This year the Directors are recommending the payment of a final dividend Average weekly sales per pub (£k) of 5.0p per share making a total of 7.5p for the year. Given the uncertain macro environment it is our intention going forward to determine a full TO year dividend paid only in the form of a final dividend dependent on £23.7k 87 several factors including both current performance and future prospects. 2017 23.7 On behalf of the Board I would like to thank our 46,000 people across 2016 22.7 the business, without whom the progress made over the course of the year would not be possible. Now, more than ever, our people are 2015 22.6 demonstrating the ability to adapt to the ever-changing environment we operate in, all the while continuing to delight guests and offer 2014 23.2 great experiences. FINANCIAL 2013 22.9 We take our responsibilities to pensioners seriously. In July we reached an agreement on the 2016 triennial pensions valuation with the scheme trustees. This resulted in an unchanged level of cash contributions STATEMENTS 88 through to 2023 to eliminate the scheme deficit with a potential additional Food sales as a % of total sales payment of £13m to be made into escrow in 2024 should further funds be required then. I am delighted that we reached a positive agreement for both the Group and the trustees. 5 1 % There have been no changes to the Board during the year. I remain 2017 51 TO 139 pleased with its composition and I believe we have the right balance 2016 51 of skills to drive the business forward. Our market continues to be challenged by increasing external cost 2015 51 headwinds and macro uncertainty. In this context, we shall remain 2014 51 OTHER focused on the identified strategic priorities which best position the 2013 51 Group to grow long-term shareholder value.
Load more

Recommended publications
  • Green Park Village Local Area Guide
    READING, BERKSHIRE LOCAL AREA GUIDE Reading 1 READING, BERKSHIRE Contents WELCOME TO Live Local 2–3 Green Park Village Parks & Days Out 4–5 Eating Out 6–7 A new lakeside village of New England inspired Health & Wellbeing 8–9 houses and apartments in Reading, Berkshire, Sports & Leisure 10–11 Green Park Village offers the chance to become part Retail Therapy 12–13 of a thriving new community. Arts & Culture 14–15 If you enjoy dining out there is a wide selection of Educational Facilities 16–17 bars, restaurants and cafés nearby. Green Park Village Better Connected 18–19 is also within easy reach of a good selection of entertainment and shopping amenities. Doctors & Hospitals 20 Within this guide we uncover some of the best places to eat, drink, shop, live and explore, all within close proximity of Green Park Village. 2 1 GREEN PARK VILLAGE LOCAL AREA GUIDE LAKES COFFEE POD NUFFIELD HEALTH The lake at Green Park Village 0.7 miles away READING FITNESS LIVE is a beautiful setting for your Coffee Pod café is open & WELLBEING GYM life outdoors with play and throughout the working day, 0.9 miles away offering tasty breakfasts and a picnic areas and viewing State-of-the-art facilities for great selection of lunches. platforms. In addition, everyone including a 20-metre Longwater Lake at Green 100 Brook Drive, Green Park, swimming pool, gymnasium, Local Park Village also offers rowing Reading RG2 6UG health and beauty spa, exercise and fishing opportunities. greenpark.co.uk classes and lounge bar. At Green Park Village enjoy effortless living with all the Permission will be required from the Business Park.
    [Show full text]
  • Travel Trade Destination Guide Gateway to Scotland
    Glasgow Travel Trade Destination Guide Gateway to Scotland ................................................................................4 Well Connected ..........................................................................................6 A Cultural Powerhouse ............................................................................8 Neighbourhoods and Districts ............................................................10 Accommodation ......................................................................................26 Attractions and Experiences ............................................................... 34 Food & Drink .............................................................................................38 Two Day Sample Itinerary .................................................................... 44 City Events to 2021 .................................................................................46 Contact Us ................................................................................................................................................ 48 Riverside Museum 2 3 Gateway to Scotland Inverness Aberdeen Getting to Glasgow couldn’t be easier - the city is served by three Fort William international airports, it is well connected by train from across the UK, it is easily accessible by Scotland’s extensive road network and Oban travelling by sea is made simple by the ferry connections. Loch Lomond GLASGOW Edinburgh The city is the perfect gateway to some of Scotland’s most beautiful and dramatic
    [Show full text]
  • Annual Report and Accounts 2013 Brands People Love Plc & Butlers Mitchells Annual Report and Accounts 2013 Accounts and Report Annual Brands People Love
    Annual Report and Accounts 2013 people love Brands www.mbplc.com Mitchells & Butlers plc Annual Report and Accounts 2013 Brands people love Contents Company overview We’re the largest operator of IFC Brands people love 01 2013 Financial Highlights 02 Chairman’s statement managed restaurants, pubs 04 Mitchells & Butlers at a glance Strategic and business review and bars in the UK, providing 07 Our vision 09 Our markets and customers 11 Our opportunities a wide choice of eating and 17 Our business model and strategy 18 Risks and uncertainties 21 Key performance indicators 22 Chief Executive’s market and business review drinking-out experiences 28 Corporate social responsibility 32 Financial review through our well known Governance 36 Board of Directors 38 Directors’ report brands and delivering great 41 Directors’ responsibilities statement 42 Corporate governance statement 47 Audit Committee report service, quality and value 50 Report on Directors’ remuneration Financial statements for money to our guests. 66 Independent auditor’s report to the members of Mitchells & Butlers plc 68 Group income statement 69 Group statement of comprehensive income 70 Group balance sheet 71 Group statement of changes in equity 72 Group cash flow statement Reasons to invest: 73 Notes to the financial statements 99 Five year review Income statement information — Strong business 100 Company balance sheet 101 Notes to the Company financial statements foundations Shareholder information 108 Shareholder information 108 Glossary — Transformation programme on track
    [Show full text]
  • Mitchells & Butlers 2016 Annual Report
    2016 + Annual Report & Accounts Mitchells & Butlers plc Annual Report and Accounts 2016 Financial highlights Revenue (£m) Strategic report 2 Chairman’s statement 4 Mitchells & Butlers at a glance 2,086m 6 Chief Executive’s statement 2016: 2,086 8 Our markets 10 Our business model 2015: 2,101 12 Our strategy 2014: 1,970 14 Our strategy in action 2013: 1,895 18 Key performance indicators 2012**: 1,855 20 Risks and uncertainties 25 Business review 1,600 1,700 1,800 1,900 2,000 2,100 2,200 28 Corporate social responsibility 32 Financial review Adjusted operating profit* (£m) Governance 318m 37 Chairman’s introduction to Governance 38 Board of Directors 2016: 318 40 Directors’ report 2015: 328 46 Directors’ responsibilities statement 2014: 313 47 Corporate governance statement 54 Audit Committee report 2013: 310 58 Report on Directors’ remuneration 2012**: 297 250 270 290 310 330 Financial statements 83 Independent auditor’s report to the members of Adjusted earnings per share* (pence) Mitchells & Butlers plc 90 Group income statement 91 Group statement of comprehensive income 34.9p 92 Group balance sheet 2016: 34.9 93 Group statement of changes in equity 2015: 35.7 94 Group cash flow statement 95 Notes to the financial statements 2014: 32.6 129 Five year review 2013: 32.2 130 Mitchells & Butlers plc Company financial statements 2012**: 29.8 132 Notes to the Mitchells & Butlers plc Company financial statements 26 28 30 32 34 36 Shareholder information * Adjusted figures refer to results before separately disclosed items as detailed in note 2.2 of the accounts.
    [Show full text]
  • Londra. Guida Visual
    lOndra GuIda vIsuaL InfOrmazIOnI pratIChe lOndra GuIda vIsuaL InfOrmazIOnI pratIChe Touring Editore Direttore contenuti turistico-cartografici: Fiorenza Frigoni SOMMARIO Responsabile editoriale: Cristiana Baietta Realizzazione editoriale a cura della Banca Dati Turistica e del settore Cartografico di Touring Editore GUIDA ALLE INFORMAZIONI Hanno collaborato alla realizzazione del volume: PRATICHE pag. 4 Orietta Colombai, per il capitolo “In Viaggio” Alberto Santangelo, per il capitolo “Località” IN VIAGGIO pag. 6 NTL, per la traduzione di “Parole e frasi utili” > Informazioni utili APV Vaccani, per la redazione, l’impaginazione e la fotolito InfoCartoGrafica - Piacenza, per l’esecuzione cartografica > Trasporti > Salute e numeri di emergenza Pagliardini Associati, per il progetto grafico PAROLE E FRASI UTILI pag. 10 Grande cura e massima attenzione sono state poste, nel redigere questa guida, per garantire l’attendibilità e l’accuratezza delle informazioni. Non possiamo tuttavia assumerci GLOSSARIO GASTRONOMICO pag. 14 la responsabilità di cambiamenti d’orario, numeri telefonici, indirizzi, condizioni di accessibilità o altro sopraggiunti, né per danni o gli inconvenienti da chiunque subiti in conseguenza INDIRIZZI UTILI pag. 15 di informazioni contenute nella guida. ATLANTINO DELLA CITTÀ pag. 53 STAZIONI DELLE LINEE METROPOLITANE pag. 74 ©2012 Touring Editore Strada 1, Palazzo F9, 20090 Milanofiori-Assago (MI) www.touringclub.com Codice: H1619A EAN: 9788836562589 Allegato alla Guida Visual Londra Volume non in vendita Touring Club Italiano
    [Show full text]
  • Measuring Performance in the Licensed House Industry
    University of Huddersfield Repository James, Aidan M Measuring Performance in the Hospitality Industry: An evaluation of the Balanced Scorecard approach in the UK’s Licensed Retail Sector Original Citation James, Aidan M (2009) Measuring Performance in the Hospitality Industry: An evaluation of the Balanced Scorecard approach in the UK’s Licensed Retail Sector. Masters thesis, University of Huddersfield. This version is available at http://eprints.hud.ac.uk/id/eprint/9058/ The University Repository is a digital collection of the research output of the University, available on Open Access. Copyright and Moral Rights for the items on this site are retained by the individual author and/or other copyright owners. Users may access full items free of charge; copies of full text items generally can be reproduced, displayed or performed and given to third parties in any format or medium for personal research or study, educational or not-for-profit purposes without prior permission or charge, provided: • The authors, title and full bibliographic details is credited in any copy; • A hyperlink and/or URL is included for the original metadata page; and • The content is not changed in any way. For more information, including our policy and submission procedure, please contact the Repository Team at: [email protected]. http://eprints.hud.ac.uk/ Measuring Performance in the Hospitality Industry: An evaluation of the Balanced Scorecard approach in the UK’s Licensed Retail Sector Aidan Michael James BA (Hons) A thesis submitted to the University of Huddersfield in partial fulfilment of the requirements for the degree of Master of Philosophy.
    [Show full text]
  • MITCHELLS & BUTLERS PLC Open Offer of up to 166,937,606 New Shares at 210 Pence Per New Share Notice of General Meeting
    THIS DOCUMENT AND ANY ACCOMPANYING DOCUMENTS ARE IMPORTANT AND REQUIRE YOUR IMMEDIATE ATTENTION. If you are in any doubt as to what action you should take, you are recommended to seek immediately your own financial advice from your stockbroker, bank manager, solicitor, accountant, fund manager or other appropriate independent financial adviser, who is authorised under the Financial Services and Markets Act 2000 (as amended) (FSMA) if you are resident in the United Kingdom or, if not, from another appropriately authorised independent financial adviser. This document comprises (i) a circular prepared in accordance with the Listing Rules of the Financial Conduct Authority (FCA) made under section 73A of the FSMA and (ii) a prospectus relating to Mitchells & Butlers plc prepared in accordance with the Prospectus Regulation Rules of the FCA made under section 73A of the FSMA. This document has been approved by the FCA, as competent authority under Regulation (EU) 2017/1129, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018 (the UK Prospectus Regulation). The FCA only approves this document as meeting the standards of completeness, comprehensibility and consistency imposed by the UK Prospectus Regulation, and such approval should not be considered as an endorsement of the issuer that is, or the quality of the Shares that are, the subject of this document. Investors should make their own assessment as to the suitability of investing in the Shares. This Prospectus has been prepared as part of a simplified prospectus in accordance with Article 14 of the Prospectus Regulation. This document has been filed with the FCA in accordance with the Prospectus Regulation Rules and will be made available to the public in accordance with Prospectus Regulation Rule 3.2 by being made available, free of charge, at www.mbplc.com.
    [Show full text]
  • Explore. Play. Eat. Stay #Lovenotts | Ready to Blow Your Mind? Welcome to Nottingham Home of Robin Hood, Castles, Caves and Culture
    VISITNOTTINGHAM & NOTTINGHAMSHIRE 2020 EXPLORE. PLAY. EAT. STAY #LOVENOTTS | www.visit-nottinghamshire.co.uk READY TO BLOW YOUR MIND? WELCOME TO NOTTINGHAM HOME OF ROBIN HOOD, CASTLES, CAVES AND CULTURE Nottingham is the home of Robin Hood and his spirit It’s a city with a sense of fun, and a renowned is more alive here today than ever before. The city is vibrant live music scene. A city of festivals and famous for its castle on the hill, vibrant culture in its carnivals celebrating everything from caves, streets and curious caves beneath your feet. Once comedy, cider and cinema. It’s a city to feel safe in, named the “Queen of the Midlands”, celebrated with Purple Flag status and more Best Bar None for its lace, breweries and rebellious spirit, today accredited venues than any other UK city. it’s an attractive and fun place to visit, brimming It’s a to pick up THE WORLD'S FIRST FREE ROAM VR ARENA RIGHT HERE IN NOTTINGHAM with creative charm and recently named the UK’s fantastic shopping destination treats and souvenirs. High street favourites and friendliest city. major shopping centres sit alongside charming CAN YOU SURVIVE A ZOMBIE APOCALYPSE? FIGHT OFF Nottingham is a city steeped in legend and boutiques and eclectic independent shops. Visit WAVES OF AI ROBOTS IN DEEP SPACE? OR CAN YOU SOLVE A history and is a UNESCO City of Literature. quirky Hockley, the indie Cobden Chambers or the MIND BENDING GRAVITY DEFYING MAZE? It’s a city of rebels, once home to reform rioters, upmarket Exchange arcade.
    [Show full text]
  • Local Area Guide
    LOCAL AREA GUIDE READING, BERKSHIRE CONTENTS Live Local 4–5 Parks & Days Out 6–7 Eating Out 8–9 Health & Fitness 10–11 Sports & Leisure 12–13 Retail Therapy 14–15 Arts & Culture 16–17 Education 18–19 Better Connected 20–21 Within Reach 22 Doctors & Hospitals 23 WELCOME TO GREEN PARK VILLAGE A new lakeside village of New England inspired houses and apartments in Reading, Berkshire, Green Park Village offers the chance to become part of a thriving new community. If you enjoy dining out there is a wide selection of bars, restaurants and cafés nearby. Green Park Village is also within easy reach of a good selection of entertainment and shopping amenities. Within this guide we uncover some of the best places to eat, drink, shop, live and explore, all within close proximity of Green Park Village. LIVE LOCAL At Green Park Village enjoy effortless living with all the facilities that a local neighbourhood needs. In addition to a new primary school, community hall and market square, you can enjoy leisure, retail and restaurant facilities at the nearby Green Park business centre. LAKES TRIM TRAILS The lake at Green Park Village is a beautiful A fantastic way to keep fit outdoors, with exercise setting for your life outdoors with play and equipment at 100 Longwater Avenue and Brook picnic areas and viewing platforms. In addition, Drive opposite Regus and CGI. Longwater Lake at Green Park also offers rowing and fishing opportunities. Permission will be CYCLING required from the business centre. There are plenty of opportunities for cycling Tel: 0118 945 0000 and Green Park is located on National Route 23.
    [Show full text]
  • Online Company Credit Reports. Speedy, Reliable and Competitively Priced!
    Online company credit reports. Speedy, reliable and competitively priced! Jacqueline Ann Berrow 915439233 Director Information Title Ms Honours Name Jacqueline Ann Berrow Number 915439233 Postcode B3 1JP Address 27 Fleet Street Birmingham West Midlands Date of birth December 1965 Nationality British Total current 28 directorships List of Current Directorships Company Name Number Company Status App. Date Res. Date Position BROWNS RESTAURANT 01237917 Non-Trading 31/08/2010 Director (CAMBRIDGE) LIMITED MITCHELLS & BUTLERS LEASE 03152524 Company is dissolved 31/08/2010 Director COMPANY LIMITED BROWNS RESTAURANT (BRISTOL) 02351724 Non-Trading 31/08/2010 Director LIMITED LANDMARK LEISURE LIMITED 01117619 Company is dissolved 31/08/2010 Director STANDARD COMMERCIAL 01086032 Company is dissolved 31/08/2010 Director PROPERTY DEVELOPMENTS (TANGCOURT) LIMITED STANDARD COMMERCIAL 00056525 Active - Accounts Filed 31/08/2010 Director PROPERTY DEVELOPMENTS LIMITED MITCHELLS & BUTLERS HOLDINGS 06475790 Active - Accounts Filed 31/08/2010 Director (NO. 2) LIMITED BROWNS RESTAURANTS LIMITED 01001320 Non-Trading 31/08/2010 Director MITCHELLS & BUTLERS RETAIL 04887979 Active - Accounts Filed 31/08/2010 Director HOLDINGS LIMITED MITCHELLS & BUTLERS LEISURE 02608173 Active - Accounts Filed 31/08/2010 Director HOLDINGS LIMITED STANDARD COMMERCIAL 01954096 Dormant 31/08/2010 Director PROPERTY INVESTMENTS LIMITED MITCHELLS & BUTLERS (IP) LIMITED 04885717 Non-Trading 31/08/2010 Director MITCHELLS & BUTLERS RETAIL 06301758 Non-Trading 31/08/2010 Director PROPERTY
    [Show full text]
  • Annual Report 2016
    2016 + Annual Report & Accounts Mitchells & Butlers plc Annual Report and Accounts 2016 Financial highlights Revenue (£m) Strategic report 2 Chairman’s statement 4 Mitchells & Butlers at a glance 2,086m 6 Chief Executive’s statement 2016: 2,086 8 Our markets 10 Our business model 2015: 2,101 12 Our strategy 2014: 1,970 14 Our strategy in action 2013: 1,895 18 Key performance indicators 2012**: 1,855 20 Risks and uncertainties 25 Business review 1,600 1,700 1,800 1,900 2,000 2,100 2,200 28 Corporate social responsibility 32 Financial review Adjusted operating profit* (£m) Governance 318m 37 Chairman’s introduction to Governance 38 Board of Directors 2016: 318 40 Directors’ report 2015: 328 46 Directors’ responsibilities statement 2014: 313 47 Corporate governance statement 54 Audit Committee report 2013: 310 58 Report on Directors’ remuneration 2012**: 297 250 270 290 310 330 Financial statements 83 Independent auditor’s report to the members of Adjusted earnings per share* (pence) Mitchells & Butlers plc 90 Group income statement 91 Group statement of comprehensive income 34.9p 92 Group balance sheet 2016: 34.9 93 Group statement of changes in equity 2015: 35.7 94 Group cash flow statement 95 Notes to the financial statements 2014: 32.6 129 Five year review 2013: 32.2 130 Mitchells & Butlers plc Company financial statements 2012**: 29.8 132 Notes to the Mitchells & Butlers plc Company financial statements 26 28 30 32 34 36 Shareholder information * Adjusted figures refer to results before separately disclosed items as detailed in note 2.2 of the accounts.
    [Show full text]
  • Corporate Social Responsibility Review 2012 Contents
    CORPORATE SOCIAL RESPONSIBILITY Review 2012 CONTENTS 03 Opening statement & highlights for 2012 04 Introduction 05 Good food 11 Serving alcohol responsibly 14 Our employees 19 Working with local communities 25 Environmental concerns 2 WE ARE PROUD TO OWN AND OPERATE LEADING BRANDS THAT PEOPLE TRUST We care deeply about safeguarding that trust re-accredited with the Carbon Trust Standard, and we are committed to running our business recycling 82% of our waste and the significant in an ethical and sustainable way. level of involvement from our employees in local and national community and charity work. Our most notable successes in 2012 have been the advances we have made in energy There are many more excellent examples of reduction - which resulted in us being responsible retailing highlighted in this Review. Highlights for 2012 n Harvester wins top award at the Healthy Food Guide’s Healthy Eating Awards n Mitchells & Butlers signs up to Department of Health salt pledges n Retail employee engagement increases by over 5% n Mitchells & Butlers corporate and brand charity donations total over £120,000 with our pubs, employees and guests raising thousands more for great causes n Mitchells & Butlers is re-accredited with the Carbon Trust Standard and wins two awards for energy innovation 3 INTRODUCTION We’re one of the leading restaurant and pub companies in the UK, with around 1,600 businesses across the country. Every year, we welcome millions of guests through our doors to enjoy something to eat and something to drink, together with family, friends and neighbours. We love what we do and that’s why people love to eat and drink with us.
    [Show full text]