CDP FTSE 350 Report 2011 Can UK Plc Help Meet the Carbon Budgets?
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Annual Report 2012
Caledonia Investments Annual report 2012 Annual report Investments Caledonia Caledonia Investments plc Cayzer House Annual report 2012 30 Buckingham Gate Year ended 31 March 2012 London SW1E 6NN tel 020 7802 8080 fax 020 7802 8090 email [email protected] web www.caledonia.com www.caledonia.com Caledonia Investments plc Annual report 2012 85 Chairman Auditor Overview Caledonia is a self‐managed investment company James R H Loudon2 KPMG Audit Plc 1 Company highlights with net assets of £1.1bn, listed on the London 15 Canada Square 2 Chairman’s statement Executive directors Canary Wharf 4 Chief Executive’s report Stock Exchange. Acquired by the Cayzer family William P Wyatt (Chief Executive) London E14 5GL 7 Investment model Stephen A King (Finance Director) in 1951 as a holding company for their various The Hon Charles W Cayzer Registrars Jamie M B Cayzer‐Colvin Capita Registrars Business review shipping interests, Caledonia came into its The Registry 8 Investment review own as an investment company in 1987. It still Non-executive directors 34 Beckenham Road 12 Quoted pool Charles M Allen‐Jones (Senior Independent)1,2,3,4 Beckenham 2,3,4 16 Unquoted pool enjoys the backing of the Cayzer family, who Mark E T Davies Kent BR3 4TU Richard Goblet d’Alviella1 Tel: 0871 664 0300 (calls cost 10p per minute 20 Asia pool collectively own some 47% of the share capital Charles H Gregson1,2,3,4 including VAT, plus network extras) 24 Property pool Roderick D Kent2,4 and from whom it derives its unique long term +44 20 8639 3399 if calling from overseas 26 Funds pool David G F Thompson1,2,3,4 Robert B Woods CBE2,3,4 28 Income & Growth pool investment horizon. -
Blackrock Strategic Funds Unaudited Interim Report and Accounts
BlackRock Strategic Funds Unaudited Interim Report and Accounts 30 November 2010 BlackRock Strategic Funds, SICAV Investment Fund incorporated under Luxembourg Law R.C.S. Luxembourg: B 127481 Contents Chairman’s Shareholder Letter 2 Investment Manager’s Report 3 Board of Directors 5 Management and Administration 5 Statement of Net Assets 6 Three year summary of Net Asset Values 10 Statement of Operations and Changes in Net Assets 14 Statement of Changes in Shares Outstanding 16 Portfolio of Investments 20 BlackRock European Absolute Return Fund 20 BlackRock European Opportunities Absolute Return Fund 22 BlackRock European Opportunities Extension Strategies Fund 25 BlackRock European Diversified Equity Absolute Return Fund 28 BlackRock Fixed Income Strategies Fund 43 BlackRock Fund of iShares - Conservative 48 BlackRock Fund of iShares - Dynamic 49 BlackRock Fund of iShares - Growth 50 BlackRock Fund of iShares - Moderate 51 BlackRock Global Currency Absolute Return Fund 52 BlackRock Latin American Opportunities Fund 53 Notes to the Financial Statements 54 General Information 59 Appendix I: Total Expense Ratio 60 Appendix II: Portfolio Turnover Rates 61 Appendix III: Performance 62 Subscriptions may be made only on the basis of the current Prospectus, together with the most recent audited annual report and accounts and unaudited interim report and accounts. Copies are available from the Investor Services Centre, the Transfer Agent, the Manager or any of the Distributors. Unaudited Interim Report and Accounts 1 Chairman’s Shareholder Letter November 2010 Dear Shareholder I am writing to update you on the activities of BlackRock Strategic Funds (BSF / the Company), our Luxembourg UCITS Fund range providing clients with access to BlackRock investment products which seek to take full advantage of the investment powers incorporated in the UCITS III directive. -
Glasgow City Council Strathclyde Pension Fund Committee Report By
ITEM 5(a) Glasgow City Council 10th September 2008 Strathclyde Pension Fund Committee Report by Executive Director of Financial Services Contact: Richard McIndoe Ext: 77383 Corporate Governance – Report to 30th June 2008 Purpose of Report: To advise the Committee of progress during the quarter in respect of the Fund’s Corporate Governance policy, and to confirm investment managers’ compliance with the policy. Recommendation: The Committee is asked to NOTE the contents of this report. Ward No(s): Citywide: 9 Local member(s) advised: Yes No consulted: Yes No PLEASE NOTE THE FOLLOWING: Any Ordnance Survey mapping included within this Report is provided by Glasgow City Council under licence from the Ordnance Survey in order to fulfil its public function to make available Council-held public domain information. Persons viewing this mapping should contact Ordnance Survey Copyright for advice where they wish to licence Ordnance Survey mapping/map data for their own use. The OS web site can be found at <http://www.ordnancesurvey.co.uk> " If accessing this Report via the Internet, please note that any mapping is for illustrative purposes only and is not true to any marked scale 1 1. Background The importance of Corporate Governance and Proxy Voting have long been recognised. The Cadbury Report in 1992, commissioned in response to continuing concern about companies’ standards of financial reporting and accountability and to controversy over directors’ pay clearly stated that “given the weight of their votes, the way in which institutional shareholders use their power to influence the standards of corporate governance is of fundamental importance.” In January 2004, Paul Myners’ report to the Shareholder Voting Working Group re-iterated this. -
Description Holding Book Cost Market Price Market Value £000'S £000'S
DORSET COUNTY PENSION FUND VALUATION OF PORTFOLIO AT CLOSE OF BUSINESS 31 March 2017 Book Market Description Holding Market Value Cost Price £000's £000's UK EQUITIES MINING ACACIA MINING 33,000 147.93 4.502 148.57 ANGLO AMERICAN ORD USD0.54 270,390 2,804.18 12.27 3,317.69 ANTOFAGASTA ORD GBP0.05 74,500 151.50 8.355 622.45 BHP BILLITON ORD USD0.50 436,926 2,401.54 12.395 5,415.70 CENTAMIN EGYPT LTD 226,000 349.07 1.732 391.43 FRESNILLO 35,500 88.20 15.52 550.96 GLENCORE XSTRATA 2,412,543 5,662.91 3.141 7,577.80 HOCHSCHILD MINING ORD GBP0.25 49,000 108.90 2.765 135.49 KAZ MINERALS 53,600 89.80 4.551 243.93 PETRA DIAMONDS 106,900 169.67 1.329 142.07 POLYMETAL INT'L 53,800 514.30 9.945 535.04 RANDGOLD RESOURCES ORD USD0.05 19,250 485.32 69.7 1,341.73 RIO TINTO ORD GBP0.10 (REG) 250,150 2,876.49 32.185 8,051.08 VEDANTA RESOURCES ORD USD0.10 18,500 75.07 8.11 150.04 Total MINING 15,924.89 28,524.69 OIL & GAS PRODUCERS AFREN PLC 218,000 215.93 0 0.00 BP ORD USD0.25 3,948,100 13,177.95 4.5885 18,115.86 CAIRN ENERGY ORD GBP0.06153846153 119,207 236.32 2.048 244.14 NOSTRUM OIL & GAS 17,700 84.36 4.796 84.89 ROYAL DUTCH 'B' ORD EUR0.07 1,642,961 20,190.09 21.945 36,054.78 TULLOW OIL ORD GBP 0.10 188,500 789.92 1.99026 375.16 Total OIL & GAS PRODUCERS 34,694.58 54,658.45 CHEMICALS CRODA INTL ORD GBP0.10 26,995 211.15 35.77 965.61 ELEMENTIS 99,000 130.23 2.899 287.00 JOHNSON MATTHEY ORD GBP1.00 40,357 446.31 30.82 1,243.80 SYNTHOMER 57,665 118.87 4.751 273.97 VICTREX ORD GBP0.01 17,000 111.61 19.02 323.34 Total CHEMICALS 1,018.16 3,087.91 CONSTRUCTION -
Uk 500 2006 Accounts
uk_500_2006_accounts UK 500 2006 Market value and share price at 31 March 2006 UK UK Rank Rank Market Turnover Price Dividend 2006 2005 Company value £m Sector £m £ PER yield (%) Year End 1 1 BP 134,454.8 Oil & gas producers 142,968.1 6.6 10.9 3.4 31/12/2005 2 6 Royal Dutch Shell 121,671.9 Oil & gas producers 175,787.2 18.0 8.3 31/12/2005 3 2 HSBC 109,720.8 Banks 9.7 12.4 4.8 31/12/2005 4 4 Glaxosmithkline 87,547.2 Pharmaceuticals & biotechnology 21,660.0 15.1 18.2 3.2 31/12/2005 5 3 Vodafone Group 72,452.8 Mobile telecommunications 34,133.0 1.2 3.8 31/03/2005 6 5 Royal Bank of Scotland 59,637.1 Banks 18.7 11.1 4.3 31/12/2005 7 8 AstraZeneca 45,775.5 Pharmaceuticals & biotechnology 13,725.7 29.0 17.4 2.9 31/12/2005 8 7 Barclays 43,714.5 Banks 6.7 12.4 4.4 31/12/2005 9 9 HBOS 36,709.1 Banks 9.6 11.7 4.2 31/12/2005 10 14 Anglo American 33,824.4 Mining 16,868.6 22.2 15.9 2.3 31/12/2005 11 15 Rio Tinto 30,976.6 Mining 10,907.8 29.2 13.3 4.1 31/12/2005 12 10 Lloyds TSB 30,842.4 Banks 5.5 12.3 6.9 31/12/2005 13 13 British American Tobacco 29,144.9 Tobacco 9,325.0 13.9 16.5 3.7 31/12/2005 14 16 BHP Billiton 25,952.6 Mining 16,956.3 10.5 17.6 1.7 30/06/2005 15 11 Tesco 25,930.5 Food & drug retailers 33,974.0 3.3 18.6 2.5 26/02/2005 16 12 Diageo 25,723.3 Beverages 9,036.0 9.1 19.6 3.6 30/06/2005 17 20 BG Group 25,338.6 Oil & gas producers 5,424.0 7.2 16.7 0.9 31/12/2005 18 21 Aviva 19,158.1 Life insurance 8.0 10.9 3.8 31/12/2005 19 22 Standard Chartered 18,682.3 Banks 14.3 16.8 2.8 31/12/2005 20 17 BT Group 18,526.6 Fixed line telecommunications -
Review of Narrative Reporting by UK Listed Companies: Key Findings
Rising to the challenge. A review of narrative reporting by UK listed companies The Accounting Standards Board The Accounting Standards Board (ASB) is an operating body of the Financial Reporting Council (FRC). The FRC is the UK’s independent regulator responsible for promoting confi dence in corporate reporting and governance. For corporate reporting, the outcome we seek is this: Corporate reports contain information which is relevant, reliable, understandable and comparable, and are useful for decision-making, including stewardship decisions. For further information visit www.frc.org.uk/asb Why did we write this report? The Accounting Standards Board (ASB), an operating body of the Financial Reporting Council Preparing a good (FRC), fi rst undertook a review of narrative reporting “quality annual report in 2006. The review concluded that certain areas that communicates effectively all the of reporting were a challenge for companies. Since important information then, further content requirements have come into is a major force for quoted companies in the form of the intellectual and enhanced business review requirements in the logistical challenge. Companies Act 2006 (CA), prompting us to take another look. ” Preparing a good quality annual report that communicates effectively all the important information is a major intellectual and logistical challenge. Many companies continue to devote signifi cant time and effort to improving their narrative reporting, but there are always opportunities for further enhancement as experience and best practice develop. We hope this report will be helpful to companies looking to rise to this challenge. We also have some internal goals as well. As the ASB is responsible for the UK best practice narrative reporting guidance in its Reporting Statement: Operating and Financial Review (RS), it is useful to continue to monitor the effects of the statement on current practice. -
Aberforth Smaller Companies Trust Plc
Aberforth Smaller Companies Trust plc Annual Report and Accounts 31 December 2007 INVESTMENT OBJECTIVE ‘‘The investment objective of Aberforth Smaller Companies Trust plc (ASCoT) is to achieve a net asset value total return (with dividends reinvested) greater than on the Hoare Govett Smaller Companies Index (Excluding Investment Companies) over the long term.’’ CONTENTS Financial Highlights 1 Ten Year Investment Record 2 Company Summary 3 Chairman’s Statement 4 Directors and Corporate Information 7 Aberforth Partners LLP – Information 8 Managers’ Report 9 Portfolio Information 14 Thirty Largest Investments 16 List of Investments 17 Long-Term Record 20 Directors’ Report 22 Corporate Governance Report 28 Directors’ Remuneration Report 32 Directors’ Responsibility Statement 34 Independent Auditors’ Report 34 Income Statement 36 Reconciliation of Movements in Shareholders’ Funds 37 Balance Sheet 38 Cash Flow Statement 39 Notes to the Accounts 40 Shareholder Information 50 Notice of the Annual General Meeting 52 THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the action you should take you should consult your stockbroker, bank manager, solicitor, accountant or other independent ¢nancial adviser authorised under the Financial Services and Markets Act 2000 immediately. If you have sold or otherwise transferred all of your ordinary shares in Aberforth Smaller Companies Trust plc, please forward this document and the accompanying form of proxy as soon as possible to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was or is being effected for delivery to the purchaser or transferee. FINANCIAL HIGHLIGHTS Year to 31 December 2007 ASCoT Net Asset Value (total return) –10.4% Hoare Govett Smaller Companies Index (Excl. -
CDP Climate Change Report 2015 United Kingdom Edition
CDP Climate Change Report 2015 United Kingdom Edition Written on behalf of 822 investors with US$95 trillion in assets CDP Report | October 2015 1 Contents Foreword 3 Global overview 4 2015 Leadership criteria 8 The Climate A List 2015 10 2015 FTSE 350 Climate Disclosure Leadership Index (CDLI) 12 Investor engagement in the UK 13 Profile: BT Group 14 United Kingdom snapshot 16 Profile: SSE 18 Natural Capital 20 Appendix I 24 Investor signatories and members Appendix II 25 FTSE 350 scores Appendix III 30 Responding FTSE SmallCap climate change companies Please note: The selection of analyzed companies in this report is based on market capitalization of regional stock indices whose constituents change over time. Therefore the analyzed companies are not the same in 2010 and 2015 and any trends shown are indicative of the progress of the largest companies in that region as defined by market capitalization. Large emitters may be present in one year and not the other if they dropped out of or entered a stock index. ‘Like for like’ analysis on emissions for sub-set of companies that reported in both 2010 and 2015 is included for clarity. Some dual listed companies are present in more than one regional stock index. Companies referring to a parent company response, those responding after the deadline and self-selected voluntary responding companies are not included in the analysis. For more information about the companies requested to respond to CDP’s climate change program in 2015 please visit: https://www.cdp.net/Documents/disclosure/2015/Companies-requested-to-respond-CDP-climate-change.pdf Important Notice The contents of this report may be used by anyone providing acknowledgement is given to CDP Worldwide (CDP). -
Phoenix Unit Trust Managers Manager's Interim Report
130535_BothUKEqIncmIR_v6 14/01/2016 11:46 Page 1 PHOENIX UNIT TRUST MANAGERS MANAGER’S INTERIM REPORT For the half year: 16 May 2015 to 15 November 2015 PUTM BOTHWELL UK EQUITY INCOME FUND 130535_BothUKEqIncmIR_v6 14/01/2016 11:46 Page 2 130535_BothUKEqIncmIR_v6 14/01/2016 11:46 Page 3 Contents Investment review 2-3 Portfolio of investments 4-7 Top ten purchases and sales 8 Statistical information 9-11 Statements of total return & change in net assets attributable to unitholders 12 Balance sheet 13 Distribution table 14 Corporate information 15 1 130535_BothUKEqIncmIR_v6 14/01/2016 11:46 Page 4 Investment review Performance Review Over the review period, the UK Equity Income Fund returned -6.2%, which compares with a benchmark return of -9.6 %. (Source: Lipper, bid-to-bid, net income reinvested for six months to 15/11/2015.) Standardised Past Performance Nov 14-15 Nov 13-14 Nov 12-13 Nov 11-12 Nov 10-11 % growth % growth % growth % growth % growth PUTM Bothwell UK Equity Income (B) (Inc) 0.83 3.35 18.86 6.14 -8.37 Benchmark* -2.20 3.09 24.22 8.54 -2.10 *FTSE All Share ex IT. Source: Lipper, bid to bid to 15 November each year. Past Performance is not a guide to future performance. The value of units and the income from them can go down as well as up and is not guaranteed. You may not get back the full amount invested. Please note that all past performance figures are calculated without taking the initial charge into account. 2 130535_BothUKEqIncmIR_v6 14/01/2016 11:46 Page 5 Investment review Portfolio and Market Review Key transactions included the purchase of ARM Holdings In the first half of the review period, investor sentiment in in the technology sector. -
Customer… Customer… Customer Join Us for BIBA 2014 We’Ve Come a Long Way
Issue 2 May 2014 THE The British Insurance Brokers’ Association www.biba.org.uk Broker BIBA’s Broking matters: INDUSTRY- WIDE CLAIMS Stuart Reid and INITIATIVE Focused on fairer Peter Blanc outcomes A SCORECARD Leading our new Larger FOR THE FCA Brokers’ Advisory Board Rating the new regulator CUSTOMER… CUSTOMER… CUSTOMER JOIN US FOR BIBA 2014 We’ve come a long way. AD We first sent out commercial rates to brokers 30 years ago enabling them to provide a fast, simple service to their customers. Today our online quote engines provide instant terms to thousands of users on a daily basis. To find out how Gresham continues to work with brokers visit us at BIBA 2014 or online. www.greshamonline.co.uk Gresham Underwriting Limited is an appointed representative of Tasker & Partners Limited registered in England No. 08284648. Registered office 3 Lloyd’s Avenue, London, EC3N 3DS. Authorised and regulated by the Financial Conduct Authority. Gresham A4 Ad The Broker May 2014 V2.indd 1 14/04/2014 10:28 CONTENTS Welcome Conference is fast approaching and I’m looking forward to catching up with members in Do not miss Manchester. If you’re looking to be informed, the most entertained and of course to network like nowhere else, then Customer… important Customer… Customer has it all. From event of the big name insurance sector debates to presentations from top names the broking like Karren Brady and former Prime calendar Minister John Major, this has to be one of our strongest programmes ever. We have plenty to talk to members Regulars about in terms of future strategy DON’T MISS 05 CEO update including the significant progress 14 Stuart Reid and Peter Blanc Steve White on the issues that matter made in our new advisory boards – you speak out 06 News can read an interview with Bluefin’s Why they are heading up the new Larger Brokers’ The latest from BIBA and from around Stuart Reid and Arthur J Gallagher’s Advisory Board the regions Peter Blanc about their new roles on page 14. -
Phoenix Unit Trust Managers Manager's Interim Report
PHOENIX UNIT TRUST MANAGERS MANAGER’S INTERIM REPORT For the half year: 2 May 2018 to 1 November 2018 PUTM UK STOCK MARKET FUND (SERIES 3) Contents Investment review 2-3 Portfolio of investments 4-10 Top ten purchases and sales 11 Statistical information 12-14 Statements of total return & change in unitholders’ funds 15 Balance sheet 16 Distribution table 17 Corporate information 18-19 1 Investment review Dear Investor Performance Review Welcome to the PUTM Stock Market Series 3 Unit Trust Over the review period, the accumulation units in the interim report for the six months to 1 November 2018. PUTM Stock Market Series 3 Unit Trust returned -6.8%. Over the same period, the FTSE 250 Mid ex IT Index returned -6.7% (Source: Standard Life Investments for the six months to 01/11/18). In the table below, you can see how the Fund performed against the FTSE 250 Mid ex IT Index over the last five discrete one-year periods. Standardised Past Performance Nov 17-18 Nov 16-17 Nov 15-16 Nov 14-15 Nov 13-14 % growth % growth % growth % growth % growth PUTM Stock Market Series 3 Unit Trust -5.1 18.8 3.2 14.2 2.2 FTSE 250 Mid ex IT Index -5.1 19.0 3.5 14.5 2.3 Source: Standard Life Investments to 1 November for each year. Past performance is not a guide to future performance. The value of units and the income from them can go down as well as up and is not guaranteed. You may not get back the full amount invested. -
Cairn Energy Plc Annual Report & Accounts 2009
CAIRN ENERGY PLC ANNUAL REPORT & ACCOUNTS 2009 WE ARE CAIRN ENERGY, ONE OF EUROPE’S LARGEST INDEPENDENT OIL AND GAS EXPLORATION AND PRODUCTION COMPANIES. WE ARE LISTED ON THE LONDON STOCK EXCHANGE AND BASED IN EDINBURGH. OUR BUSINESS IS DIVIDED INTO TWO KEY UNITS: ONE FOCUSED ON DEVELOPING THE RAJASTHAN RESOURCE BASE; THE OTHER EXPLORING FRONTIER BASINS IN GREENLAND. OVERVIEW 1 Highlights of the Year 4 Who We Are and What We’ve Achieved in 2009 8 Values, Vision and Approach 12 The Rajasthan Development BUSINESS REVIEW 14 Chairman’s Statement 16 Chief Executive’s Review 20 Operational Review 28 Financial Review 32 Principal Risks and Uncertainties 34 Corporate Responsibility 42 Board of Directors 44 Directors’ Report GOVERNANCE 52 Corporate Governance Statement 62 Directors’ Remuneration Report 78 Principal Licence Interests 80 Independent Auditor’s Report to the Members of Cairn Energy PLC FINANCIAL ACCOUNTS 81 Group Income Statement 82 Statements of Comprehensive Income 83 Balance Sheets 84 Statements of Cash Flows 85 Statements of Changes in Equity 86 Notes to the Accounts 141 Reserves 142 Glossary of Terms 144 Notice of Annual General Meeting 148 Company Information An HTML version of this report is available “ THE GROUP OFFERS AN ATTRACTIVE to view at www.cairnenergy.com/AR2009 – please take the time to have a look. In addition, while you will find a summary BALANCE BETWEEN THE STRONG of our CR performance in this report, the full CR report is only available online this year, CASH FLOWS THAT WILL BE at www.cairnenergy.com/CRR2009 www.cairnenergy.com/AR2009