Annual Report and Accounts 2014 P Eople Have a Choice Where They Work, Sh Op and Live

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report and Accounts 2014 P Eople Have a Choice Where They Work, Sh Op and Live Annual Report and Accounts 2014 P eoPLe have A choiCe wheRe theY WoRk, sh oP And Live. We Aim To create outstanding plac eS which mAke A PoSiTive diffeRenCe T o PeoPLe’S everyday LiveS. Place: /pleis/ noun an area or location. An office campus or building, shopping centre or park, retail outlet, venue or residential building. People: /’pi:p( )l/ noun persons in general or considered collectively. Customers (occupiers), users (office workers, shoppers and visitors), residents, local community, intermediaries (e.g. agents) and other related stakeholders. Prefer: /pri’f :/ verb like better than any other. Tend to choose because it meets your needs. fOr MORE INFOrMATIOn feedback cOrporate responsibility You’ll find links throughout this Report, to guide We value your feedback. We believe that operating sustainably and behaving you to further reading or relevant information. Please contacts us at: responsibly are fundamental to creating long-term value. information relating to social, environmental find more information on our website Our corporate website and ethical issues is therefore integrated throughout www.britishland.com www.britishland.com this Report. This provides the reader with insight into the critical linkages in our thinking and activity. see page title Our iPad app it also shows more directly how we create value P00–00 British Land investor relations not just for our investors but for our other key stakeholders and the society in which we operate. follow us on twitter @BritishLandPLC contents Hig HligHts of tHe year contents Strategic Report 2–42 Portfolio returns boosted by our actions and strengthening strategic report markets. What we do 2 our portfolio 3 Increased letting activity driven by improving occupier demand. Places People Prefer 4 chairman’s statement 8 chief executive’s review 10 Significant development returns as 2010 West end programme our business model 14 completes along with further pre-lets. the markets we operate in 16 Key market trends 17 Significant investment adding to core income and replenishing right places, customer orientation capital efficiency, expert people 18 development pipeline. Delivering our strategy and KPis 30 Managing risk 36 Taking advantage of stronger debt markets to raise £1.5 billion Principal risks 38 of new finance. corporate responsibility 42 Performance review 43–58 PerfOrMance review ePRA net asset value Per sHare carbOn eMissiOns Business review Portfolio review 44 since 2009 retail and leisure review 47 6 8 8 p – 3 6 % office and residential review 49 Up 15.4%. We have reduced our scope 1 and 2 financial review 51 carbon emissions across our like-for-like financial policies and principles 56 dividend Per sHare portfolio by 36% since 2009. 2 7 . 0 p custOMer satisfactiOn Up 2.3%, in line with previous announcements. 7 . 8 / 1 0 in our biennial independent customer Total accOunting return satisfaction survey our occupiers scored us 7.8 out of 10 for ‘satisfaction with landlord’ 2 0 . 0 % outperforming the industry average of 5.1 remuneration59–108 Governance and reflecting the increase in our net asset out of 10. gOvernance and reMuneratiOn Value per share and income yield from EmplOyee satisfactiOn chairman’s governance review 60 the dividend. our governance structure 62 Board of Directors 66 POrtfOliO valuatiOn1 One Star governance review 68 We achieved a one star rating in the sunday report of the audit committee 74 £ 1 2 . 0 b n times Best companies to Work for survey report of the nomination committee 79 Up 8.3% with asset management and 2014 (2013: one star). remuneration report 82 development contributing half the uplift. remuneration Policy 84 remuneration implementation report 94 underlying PrOfit befOre tax ePRA PerfOrMance Measures additional disclosures 108 as at 31 March (£m) 2014 2013 2012 £ 2 9 7 m ePRA earnings 295 268 262 the sections from strategic report to governance Up 8.4% reflecting the accretive ePRA NAV 7,027 5,967 5,381 and remuneration make up the Directors’ report ePRA NNNAV 6,700 5,522 5,148 investment of our equity placing for the purposes of the companies act 2006. Financial statements and other information 109–180 proceeds, development lettings as at 31 March (%) 2014 2013 2012 FINANCIAL STATEMENTS and higher like-for-like growth. ePRA net initial yield 4.8 5.5 5.2 AND OtHER INFOrMATIOn underlying ePs ePRA ‘topped-up’ net initial yield 5.3 5.7 5.8 Directors’ responsibility statement 110 ePRA vacancy rate 5.2 3.4 2.4 report of the auditor 111 2 9 . 4 p financial statements 114 IFRS PerfOrMance Measures notes to the accounts 119 Down 3% primarily as a result company balance sheet 153 of disposals made last year. as at 31 March (£m) 2014 2013 2012 IFRS profit before tax 1,110 260 479 supplementary disclosures 159 other information 165 1 Our share of UK portfolio excluding £89 million IFRS net assets 7,117 5,687 5,104 of assets held in europe. ten year record 175 shareholder information 176 glossary of terms 178 The British Land Company PLC Annual Report and Accounts 2014 1 Strategic report WHat We Do We are… …one of europe’s largest publicly-listed real estate companies. We manage, develop and finance a £17.8 billion portfolio of properties of which our share is £12.0 billion. our portfolio is focused on high-quality retail locations around the UK and london offices. Our portfolio REIT legislation Our markets P18–21 P16 P16–17 Our objective is… Our strategy is… …to deliver long-term and …to create and operate places that people RIGHT prefer P18–23 sustainable total returns to our will when making a decision where to PLACES shareholders. We do this by work, shop and live. We are customer-oriented, creating places people prefer. enabling us to develop a deep understanding CUSTOMER P24–25 of what is important to people who use our ORIENTATION places; we employ a lean team ofexpert CAPITAL people who translate this understanding into the EFFICIENCY P26–27 creation of the right places to meet peoples’ needs; and our capital efficiency means we EXPERT P28–29 business model can effectively finance our portfolio. PEOPLE P14–15 Our scale… Our team… …gives us significant advantages. operationally, we …is small and agile, best able to react quickly to benefit from the breadth of our occupier relationships opportunities. although we manage a large and our ability to develop and leverage best practice property portfolio, we are a team of 242 employees. across our portfolio. financially, our scale gives us our employees focus on the most highly-skilled a cost of capital advantage. We are able to access and value-added activities. it keeps our operating a broad range of debt providing us with flexible and costs low and allows us to be more flexible. competitively priced financing. customer orientation financing People P24–25 P26–27 P28–29 Our partners… Our values… integrity We do what is right not what is easy. …are some of the best known property …underpin everything we do. investors and food retail businesses. We believe behaving responsibly ONE teaM Partnerships are an important part of our and managing social and Working collaboratively both with business, allowing us access to attractive environmental issues are internal and external stakeholders. investment opportunities, the ability to core to our ability to deliver excellence share risk, and work with people with long-term value. We are the best we can be and complementary skills. have a growth mindset. governance P59–81 Commercial acuMen strategic partnerships corporate responsibility We take the lead in our field. P26 P42 2 The British Land Company PLC Annual Report and Accounts 2014 strategic rePort o Ur Portfolio Strategic Report 2–42 our properties are home UK RETAIL and leisure LondOn Office and residential to over 1,000 different As the UK’s largest listed owner and our offices and Residential portfolio manager of retail space, our portfolio is focused on London reflecting its organisations and are places is well matched to the different ways position as a leading global city, a place where over 99,000 people people shop today, from major regional where people want to work, live and work or live. they are visited shopping centres to single occupier visit. We have an attractive mix of locations. We are focused on being high-quality buildings in well-managed around 300 million times the preferred destination for retailers environments and a pipeline of each year. and their customers by being the development projects which will best provider of spaces and services. add significantly to our portfolio. increasingly, our offices are in mixed- use environments which include retail and residential elements. Performance review 43–58 £ 1 7 . 8 b n £10.4bn £7.4bn assets under ManageMent assets under ManageMent assets under ManageMent £ 1 2 . 0 b n £6.9bn £5.1bn Of wHicH we Own Of wHicH we Own Of wHicH we Own 3 1 . 9 msq ft 24.6m sq ft 7.3m sq ft Of floor sPace Of floor sPace Of floor sPace £608m 1 5 3 remuneration59–108 Governance and cOntracted REnt Shopping centres Office-led, Mixed-use campuses Over 54 acres witH 33 buildings (including developments) 9 6 . 1 % 66 54 OccuPancy rate retail Parks stand-alOne Office buildings 1 0 . 3years 85 8 weigHted average lease lengtH food suPerstOres Office AND RESIDENTIAL developments retail and leisure portfolio Offices and residential P20 P21 retail and leisure performance review Offices and residential performance review P47–48 P49–50 Financial statements and other information 109–180 GEOGRAPHICAL PORTFOLIO BREAKDOWN1 London South East Other 39.0% 53.6% 7.4% 1 Pro forma for committed developments at estimated end value.
Recommended publications
  • Skills and Services Directory Achieve More from Your Property Property
    Skills and Services Directory Achieve more from your property Property. It’s what we do every day – and we love it. When you experience the difference we can make, we think you’ll really appreciate what we do… So how can we help you exactly? Well, we offer you expert advice and a comprehensive range of services to cover all your property needs. We can help you make the very best property decisions to get the result you’re after. We are ready to help you make sure you achieve more from your property right now. Contact us today on 0333 772 1235 or [email protected] Asset Experience Academic, Health and Land Community Property and Institutional Airfields Public Realm Day care facilities Barns Community centres Doctors’ surgeries Brownfield sites County farm estates Extra care development Common land Leisure centres Primary care centres Contaminated land Libraries and information centres Respite and Residential Country parks, national parks Markets and small business centres care facilities and public open spaces Police, fire and ambulance stations Schools, colleges and Crown land Public access universities Development land Sports centres Student accommodation Entitlement Social housing Supported housing ESAs, AONBs and SSSIs Town halls and administrative Equestrian offices Historical Estates Ancient Monuments Farm and accommodation land Residential Churches Foreshores and rivers Country houses Church houses Glebe land Residential investments Listed buildings Greenfield sites Horticulture Retail Industrial Landfill sites Banks
    [Show full text]
  • Taylor Woodrow Plc Report and Accounts 2006 Our Aim Is to Be the Homebuilder of Choice
    Taylor Woodrow plc Report and Accounts 2006 Our aim is to be the homebuilder of choice. Our primary business is the development of sustainable communities of high-quality homes in selected markets in the UK, North America, Spain and Gibraltar. We seek to add shareholder value through the achievement of profitable growth and effective capital management. Contents 01 Group Financial Highlights 54 Consolidated Cash Flow 02 Chairman’s Statement Statement 05 Chief Executive’s Review 55 Notes to the Consolidated 28 Board of Directors Financial Statements 30 Report of the Directors 79 Independent Auditors’ Report 33 Corporate Governance Statement 80 Accounting Policies 37 Directors’ Remuneration Report 81 Company Balance Sheet 46 Directors’ Responsibilities 82 Notes to the Company Financial Statement Statements 47 Independent Auditors’ Report 87 Particulars of Principal Subsidiary 48 Accounting Policies Undertakings 51 Consolidated Income Statement 88 Five Year Review 52 Consolidated Statement of 90 Shareholder Facilities Recognised Income and Expense 92 Principal Taylor Woodrow Offices 53 Consolidated Balance Sheet Group Financial Highlights • Group revenues £3.68bn (2005: £3.56bn) • Housing profit from operations* £469m (2005: £456m) • Profit before tax £406m (2005: £411m) • Basic earnings per share 50.5 pence (2005: 50.6 pence) • Full year dividend 14.75 pence (2005: 13.4 pence) • Net gearing 18.6 per cent (2005: 23.7 per cent) • Equity shareholders’ funds per share 364.7 pence (2005: 338.4 pence) Profit before tax £m 2006 405.6 2005 411.0 2004 403.9 Full year dividend pence (Represents interim dividends declared and paid and final dividend for the year as declared by the Board) 2006 14.75 2005 13.4 2004 11.1 Equity shareholders’ funds per share pence 2006 364.7 2005 338.4 2004 303.8 * Profit from operations is before joint ventures’ interest and tax (see Note 3, page 56).
    [Show full text]
  • Investor Presentation
    Investor Presentation HY 2020 Our Investment Case 1 2 3 4 Our distinctive The scale and A well-positioned Our operational business model & quality of our development expertise & clear strategy portfolio pipeline customer insight Increasing our focus 22.5m sq ft of Development pipeline Expertise in on mixed use places high quality assets aligned to strategy managing and leasing our assets based on our customer insight Growing London Underpinned by our Provides visibility campuses and resilient balance sheet on future earnings Residential and refining and financial strength Drives incremental Retail value for stakeholders 1 British Land at a glance 1FA, Broadgate £15.4bn Assets under management £11.7bn Of which we own £521m Annualised rent 22.5m sq ft Floor space 97% Occupancy Canada Water Plymouth As at September 2019 2 A diverse, high quality portfolio £11.7bn (BL share) Multi-let Retail (26%) London Campuses (45%) 72% London & South East Solus Retail (5%) Standalone offices (10%) Retail – London & SE (10%) Residential & Canada Water (4%) 3 Our unique London campuses £8.6bn Assets under management £6.4bn Of which we own 78% £205m Annualised rent 6.6m sq ft Floor space 97% Occupancy As at September 2019 4 Canada Water 53 acre mixed use opportunity in Central London 5 Why mixed use? Occupiers Employees want space which is… want space which is… Attractive to skilled Flexible Affordable Well connected Located in vibrant Well connected Safe and promotes Sustainable and employees neighbourhoods wellbeing eco friendly Tech Close to Aligned to
    [Show full text]
  • Proptech 3.0: the Future of Real Estate
    University of Oxford Research PropTech 3.0: the future of real estate PROPTECH 3.0: THE FUTURE OF REAL ESTATE WWW.SBS.OXFORD.EDU PROPTECH 3.0: THE FUTURE OF REAL ESTATE PropTech 3.0: the future of real estate Right now, thousands of extremely clever people backed by billions of dollars of often expert investment are working very hard to change the way real estate is traded, used and operated. It would be surprising, to say the least, if this burst of activity – let’s call it PropTech 2.0 - does not lead to some significant change. No doubt many PropTech firms will fail and a lot of money will be lost, but there will be some very successful survivors who will in time have a radical impact on what has been a slow-moving, conservative industry. How, and where, will this happen? Underlying this huge capitalist and social endeavour is a clash of generations. Many of the startups are driven by, and aimed at, millennials, but they often look to babyboomers for money - and sometimes for advice. PropTech 2.0 is also engineering a much-needed boost to property market diversity. Unlike many traditional real estate businesses, PropTech is attracting a diversified pool of talent that has a strong female component, representation from different regions of the world and entrepreneurs from a highly diverse career and education background. Given the difference in background between the establishment and the drivers of the PropTech wave, it is not surprising that there is some disagreement about the level of disruption that PropTech 2.0 will create.
    [Show full text]
  • Annex 1: Parker Review Survey Results As at 2 November 2020
    Annex 1: Parker Review survey results as at 2 November 2020 The data included in this table is a representation of the survey results as at 2 November 2020, which were self-declared by the FTSE 100 companies. As at March 2021, a further seven FTSE 100 companies have appointed directors from a minority ethnic group, effective in the early months of this year. These companies have been identified through an * in the table below. 3 3 4 4 2 2 Company Company 1 1 (source: BoardEx) Met Not Met Did Not Submit Data Respond Not Did Met Not Met Did Not Submit Data Respond Not Did 1 Admiral Group PLC a 27 Hargreaves Lansdown PLC a 2 Anglo American PLC a 28 Hikma Pharmaceuticals PLC a 3 Antofagasta PLC a 29 HSBC Holdings PLC a InterContinental Hotels 30 a 4 AstraZeneca PLC a Group PLC 5 Avast PLC a 31 Intermediate Capital Group PLC a 6 Aveva PLC a 32 Intertek Group PLC a 7 B&M European Value Retail S.A. a 33 J Sainsbury PLC a 8 Barclays PLC a 34 Johnson Matthey PLC a 9 Barratt Developments PLC a 35 Kingfisher PLC a 10 Berkeley Group Holdings PLC a 36 Legal & General Group PLC a 11 BHP Group PLC a 37 Lloyds Banking Group PLC a 12 BP PLC a 38 Melrose Industries PLC a 13 British American Tobacco PLC a 39 Mondi PLC a 14 British Land Company PLC a 40 National Grid PLC a 15 BT Group PLC a 41 NatWest Group PLC a 16 Bunzl PLC a 42 Ocado Group PLC a 17 Burberry Group PLC a 43 Pearson PLC a 18 Coca-Cola HBC AG a 44 Pennon Group PLC a 19 Compass Group PLC a 45 Phoenix Group Holdings PLC a 20 Diageo PLC a 46 Polymetal International PLC a 21 Experian PLC a 47
    [Show full text]
  • Portfolio of Investments
    PORTFOLIO OF INVESTMENTS Variable Portfolio – Partners International Value Fund, September 30, 2020 (Unaudited) (Percentages represent value of investments compared to net assets) Investments in securities Common Stocks 97.9% Common Stocks (continued) Issuer Shares Value ($) Issuer Shares Value ($) Australia 4.2% UCB SA 3,232 367,070 AMP Ltd. 247,119 232,705 Total 13,350,657 Aurizon Holdings Ltd. 64,744 199,177 China 0.6% Australia & New Zealand Banking Group Ltd. 340,950 4,253,691 Baidu, Inc., ADR(a) 15,000 1,898,850 Bendigo & Adelaide Bank Ltd. 30,812 134,198 China Mobile Ltd. 658,000 4,223,890 BlueScope Steel Ltd. 132,090 1,217,053 Total 6,122,740 Boral Ltd. 177,752 587,387 Denmark 1.9% Challenger Ltd. 802,400 2,232,907 AP Moller - Maersk A/S, Class A 160 234,206 Cleanaway Waste Management Ltd. 273,032 412,273 AP Moller - Maersk A/S, Class B 3,945 6,236,577 Crown Resorts Ltd. 31,489 200,032 Carlsberg A/S, Class B 12,199 1,643,476 Fortescue Metals Group Ltd. 194,057 2,279,787 Danske Bank A/S(a) 35,892 485,479 Harvey Norman Holdings Ltd. 144,797 471,278 Demant A/S(a) 8,210 257,475 Incitec Pivot Ltd. 377,247 552,746 Drilling Co. of 1972 A/S (The)(a) 40,700 879,052 LendLease Group 485,961 3,882,083 DSV PANALPINA A/S 15,851 2,571,083 Macquarie Group Ltd. 65,800 5,703,825 Genmab A/S(a) 1,071 388,672 National Australia Bank Ltd.
    [Show full text]
  • Annual Report and Accounts 2012 2012 8493 1 Report 2012 Report 2012 01 to 96 31/05/2012 14:41 Page 3
    8493 1 Report 2012_Report 2012 01 to 96 31/05/2012 14:41 Page 2 The British Land Company DELIVERING PERFORMANCE PLC Annual Report and Accounts Annual Report and Accounts Annual Report and Accounts 2012 2012 8493 1 Report 2012_Report 2012 01 to 96 31/05/2012 14:41 Page 3 BRITISH LAND IS ONE OF EUROPE’S LARGEST REAL ESTATE INVESTMENT TRUSTS (REITs) AND OUR VISION IS TO BE THE BEST. We provide investors with access to a diverse range of quality property assets which we actively manage, finance and develop. We focus mainly on prime UK retail and London office properties and have a reputation for delivering industry-leading customer service. Our properties and our approach attracts high-quality occupiers committed to long leases, so we can provide shareholders with security of income as well as capital growth. Our size and substance demands a responsible approach to business. We believe achieving leading levels of efficiency and sustainability in our buildings helps drive our performance. This is also of increasing importance to occupiers and central to our aim to create environments in which businesses and local communities can thrive. Corporate responsibility information is integrated throughout our Annual Report and Accounts. This reflects how managing our environmental, economic and social impacts is central to the way we do business. It also provides readers with insights into the critical linkages in our thinking and activity, and greater clarity on the relationship between our financial and non-financial key performance indicators. Why go online? For more information Our corporate website contains detailed information You’ll find links throughout this Report, about the Company and is frequently updated as to guide you with further reading or relevant additional details become available.
    [Show full text]
  • FTSE Factsheet
    FTSE COMPANY REPORT Share price analysis relative to sector and index performance Data as at: 21 February 2020 British Land Co BLND Real Estate Investment Trusts — GBP 5.562 at close 21 February 2020 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 21-Feb-2020 21-Feb-2020 21-Feb-2020 6.5 105 115 1D WTD MTD YTD Absolute -2.0 -5.4 0.3 -12.9 110 Rel.Sector -2.0 -4.0 -1.8 -12.3 100 Rel.Market -1.6 -5.3 -1.5 -11.6 6 105 95 VALUATION 100 5.5 Trailing 95 RelativePrice RelativePrice 90 PE -ve Absolute Price (local (local Absolute currency)Price 90 5 EV/EBITDA 28.1 85 85 PB 0.6 PCF 8.4 4.5 80 80 Div Yield 5.0 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 Price/Sales 5.8 Absolute Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Net Debt/Equity 0.4 90 100 90 Div Payout -ve 80 90 80 ROE -ve 70 80 70 70 Index) Share Share Sector) Share - 60 - 60 60 DESCRIPTION 50 50 50 40 40 The Company is a property investment company 40 RSI RSI (Absolute) 30 30 based in London and listed on the London Stock 30 Exchange.
    [Show full text]
  • Putting the Customer at the Heart of Everything We Do Putting the Customer at the Heart of Everything We Do
    PUTTING THE CUSTOMER AT THE HEART OF EVERYTHING WE DO PUTTING THE CUSTOMER AT THE HEART OF EVERYTHING WE DO OUR PRIORITIES OUR BUSINESS MODEL Targeted land Leading Investing in Deliver financial Customer first Great places buying and construction our people results effective planning OUR PRINCIPLES Industry leading customer Outstanding experience design Construction Innovative sales excellence and and marketing Keeping Being a Building strong Safeguarding Ensuring the efficiency people safe trusted community the environment financial health partner relationships of our business Delivering sustainable shareholder value 2 SOME OF OUR PARTNERS 3 2018-2020 NATIONAL AWARDS OVERALL QUALITY DESIGN SUSTAINABILITY Housebuilder of Large Highest Pride in 90% Development of Outstanding Leading housebuilder the Year 2019 Housebuilder the Job Awards recommend the Year Architectural of the Year 2019 for 16 Years in since 2009 Merit Award a row CONSTRUCTION TRAINING HOMES Shortisted as Sustainable Housebuilder of the Year Best Use of Client of the Best Talent Large Employer Most Admired Best Family Timber Frame Year 2019 Development of the Year Housebuilder Home Gold Award Programme 4 FY20 Key Numbers STRATEGY AND Great Design ACHIEVEMENTS Sustainability 5 BARRATT FY20: KEY NUMBERS AYLESHAM VILLAGE CANTERBURY • Combined heat and power centre UK’s leading Only NHBC 5-star • Regeneration of mining village • 1,210 homes and 224 affordable housebuilder housebuilder • £34m contribution to village centre 27 divisions since 2009 • JV with Dover Council 12,604 homes over 90% of customers 366 active sales outlets THE BOTANICS recommend GLASGOW • 94 homes in former grounds of BBC Scotland • Homes for Scotland award winner, 2018 • Prominent West End site overlooking River Kelvin All schemes comply 44,359 HANHAM HALL BRISTOL with Building for a jobs supported • 195 zero carbon homes Healthy Life (BfHL) 6,632 direct employees.
    [Show full text]
  • Public Affairs and Lobbying Register
    Public Affairs and Lobbying Register 3x1 Offices: 16a Walker Street, Edinburgh EH3 7LP 210 Borough High Street, London SE1 1JX 26-28 Exchange Street, Aberdeen, AB11 6PH OFFICE(S) Address: 3x1 Group, 11 Fitzroy Place, Glasgow, G3 7RW Tel: Fax: Web: CONTACT FOR PUBLIC AFFAIRS [email protected] LIST OF EMPLOYEES THAT HAVE CONDUCTED PUBLIC AFFAIRS SERVICES Ailsa Pender Cameron Grant Katrine Pearson Lindsay McGarvie Patrick Hogan LIST OF CLIENTS FOR WHOM PUBLIC AFFAIRS SERVICES HAVE BEEN PROVIDED Atos North British Distillery Scottish Child Abuse Inquiry SICPA The Scottish Salmon Company Viridor Public Affairs and Lobbying Register Aiken PR OFFICE(S) Address: 418 Lisburn Road, Belfast, BT9 6GN Tel: 028 9066 3000 Fax: 028 9068 3030 Web: www.aikenpr.com CONTACT FOR PUBLIC AFFAIRS [email protected] LIST OF EMPLOYEES THAT HAVE CONDUCTED PUBLIC AFFAIRS SERVICES Claire Aiken Donal O'Neill John McManus Lyn Sheridan Shane Finnegan LIST OF CLIENTS FOR WHOM PUBLIC AFFAIRS SERVICES HAVE BEEN PROVIDED Diageo McDonald’s Public Affairs and Lobbying Register Airport Operators Associaon OFFICE(S) Address: Airport Operators Association, 3 Birdcage Walk, London, SW1H 9JJ Tel: 020 7799 3171 Fax: 020 7340 0999 Web: www.aoa.org.uk CONTACT FOR PUBLIC AFFAIRS [email protected] LIST OF EMPLOYEES THAT HAVE CONDUCTED PUBLIC AFFAIRS SERVICES Ed Anderson Henk van Klaveren Jeff Bevan Karen Dee Michael Burrell - external public affairs Peter O'Broin advisor Roger Koukkoullis LIST OF CLIENTS FOR WHOM PUBLIC AFFAIRS SERVICES HAVE BEEN PROVIDED N/A Public Affairs and
    [Show full text]
  • PLACES PEOPLE PREFER Annual Report and Accounts 2020
    PLACES PEOPLE PREFER Annual Report and Accounts 2020 British Land plc Annual Report and Accounts 2020 Inside Key figures Strategic Report Underlying EPS IFRS loss after tax At a glance 2 Chairman’s statement 4 32.7p £(1,114)m Our purpose 6 2019: 34.9p 2019: £(320)m Case study: 1 Triton Square 8 Chief Executive’s review 10 Investment case 13 EPRA NAV per share Underlying Profit Business model 14 774p £306m Places 2019: 905p 2019: £340m Our portfolio 16 Strategic focus 22 Total accounting return IFRS net assets Strategic performance and KPIs 24 Development pipeline 26 (11.0)% £7,147m 2019: (3.3)% 2019: £8,689m People Customer and community stories 30 Stakeholder engagement and s172 32 IFRS EPS Dividend per share People and culture 34 (110.0)p 15.97p Employee-led networks 36 Sustainability 38 2019: (30.0)p 2019: 31.00p Task Force on Climate-Related Financial Disclosures (TCFD) 42 Senior unsecured Carbon intensity reduction GHG emissions 46 credit rating versus 2009 Non-financial reporting disclosure 47 A 73% Prefer 2019: A 2019: 64% Market insights 54 Performance review 56 Customer Bright Lights skills and Financial review 68 satisfaction employment programme Financial policies and principles 75 Managing risk 78 8.3 504 Principal risks 82 2019: 8.2/10 people supported with work Viability statement 88 2019: 389 Corporate Governance Report Chairman’s introduction 90 Board of Directors 92 Stakeholder engagement statement 96 Presentation of financial information Corporate Governance Report 98 The Group financial statements are prepared under IFRS where the Report of the Nomination Committee 104 Group’s interests in joint ventures and funds are shown as a single line item on the income statement and balance sheet and all subsidiaries are Report of the Audit Committee 108 consolidated at 100%.
    [Show full text]
  • A Social Divide in the City #2
    A SOCIAL DIVIDE IN THE CITY #2 TWITTER FOR FINANCIAL REPORTING: PERFORMANCE INDEX AUGUST 2014 CRITICAL THINKING AT THE CRITICAL TIME™ nvestors and media say they find Idigital communications more insightful and more motivating than traditional communications such as press releases*. 40+ 88% Despite this, our initial Social Divide FTSE 100 companies chose not to use Twitter of media and in the City (published in February 2014) to communicate about their financial 50% highlighted that only a small number of results. of investors the FTSE 100 were effectively using Twitter agree or strongly agree that breaking news via social media to support their financial communications is useful*. For the 41 companies not tweeting this represents and only just over half used Twitter to a missed opportunity to exert influence and amplify key share their latest, half, or full year results messages to stakeholders in 2013. Six months on and we’ve looked again at the performance of the FTSE 100. Some companies have crossed the divide and joined the ranks of companies 59% of companies are now using tweeting. The number of companies the microblogging platform as a medium to communicate tweeting their financial results has risen their financial results. A total of 22 companies to 59. 21% tweeted at least ten times on increase in the total number of results day, led in volume terms results-related tweets by FTSE by Johnson Matthey, RSA Whilst those at the top of our leaderboard 100 companies on the day of Insurance and British Land the most recent half or full year who tweeted 41, 32 and 26 (see next page) have pushed on and are results announcement times respectively telling their stories in more creative and engaging ways, the divide is still apparent with over 40 companies not tweeting their results at all.
    [Show full text]