DOCSLIB.ORG

View Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Pets at Home Group Plc Pets at Home Group Plc Annual Report and Accounts 2016 Annual Report and Accounts 2016 More specialist, most loved Our mission is to be the best pet shop in the world. Pets are the heartbeat of our business. We aim to share our knowledge and passion to help pets and their owners live long and happy lives together. To achieve our mission we must be: More specialist Maintaining and enhancing our specialist credentials gives pet owners more reasons to shop with us. We can do this by providing our customers with inspirational retail and services, expert advice, unmatched range and seamless omni-channel convenience. Most loved As pet owners too, we can understand and help support our customers through all the moments they share with their pet. Sharing our love and passion for pets strengthens the bond with our customers and their trust in our colleagues and brands. With responsibility Visit our online Annual Report 2016: at the heart of our business petsathome.annualreport2016.com Putting Pets Before Profit is our number one value. Responsible retailing is critical to maintaining our reputation and ongoing business success. Throughout this report you will see the above icons which represent our approach to being the most specialist, loved and responsible pet retailer. Pets at Home is the UK’s leading specialist retailer of pet Strategic report food, pet products and pet-related services. Overview Highlights 1 Our omni-channel retailing business operates from a UK The year in review 2 Our history 4 wide Pets at Home store network and website. We run the At a glance 6 UK’s largest small animal veterinary practice network under Market overview 8 Business model 10 the Vets4Pets brand, together with a number of specialist Chairman’s statement 12 veterinary referral centres. We are also the leading operator Strategy of dog and cat grooming services through our Groom Chief Executive’s statement 14 Room salons. Mission and strategy 18 Strategy in action 20 Key performance indicators 26 Performance Finance review 30 Operating review 34 Risk management 38 Risks and uncertainties 40 Corporate Social Responsibility 44 Revenue (£m) Like-for-like growth (%) Governance report Governance overview 60 £777.8m +6.7% 2.2% Board of Directors 62 Executive Management Team 64 2012 544.3 2012 1.4 Directors’ Report 66 2013 598.3 2013 2.6 Statement of Directors’ Responsibilities 73 2014 665.4 2014 2.4 Governance Report 74 Audit & Risk Committee Report 82 2015 729.1 2015 4.2 Nomination & Corporate Governance 2016 777.8 2016 2.2 Committee Report 86 Remuneration Report 88 Gross margin (%) EBITDA (£m)1 54.5% +31bps £124.7m +4.2% 2012 53.7 2012 88.9 Financial statements 2013 54.1 2013 97.2 Independent Auditor’s Report 109 2014 53.8 2014 109.4 Consolidated income statement 113 Consolidated statement of 2015 54.2 2015 119.6 comprehensive income 113 2016 54.5 2016 124.7 Consolidated balance sheet 114 Consolidated statement of changes EBITDA margin (%)1 Free cash flow (£m)1 in equity as at 31 March 2016 115 Consolidated statement of changes 16.0% -38bps £77.8m +8.1% in equity as at 26 March 2015 116 Consolidated statement of cash flows 117 2012 16.3 2012 39.8 Company balance sheet 118 2013 16.2 2013 67.8 Company statement of changes in equity 2014 16.4 2014 50.1 as at 31 March 2016 119 Company statement of changes in equity 2015 16.4 2015 72.0 as at 26 March 2015 119 2016 16.0 2016 77.8 Company income statement 119 Company statement of cash flows 120 Basic Earnings Per Share1 Dividend Per Share Notes (forming part of the financial statements) 121 15.1p 7.5p Advisors and contacts 172 +11.2% +38.9% All 2016 financials refer to the 52 week proforma period to 24 March 2016. 1 Excludes exceptional costs. Pets at Home Group Plc Annual Report and Accounts 2016 1 The year in review Delivering a seamless pet shopping experience A snapshot of our progress New openings Specialist referral Delivered our rollout targets veterinary care market for both stores and services 20 We made our entry into the specialist new Pets at Home superstores (net). Made our entry into the specialist referral market through the acquisition Total portfolio 419 referral veterinary care market of two centres, Northwest Surgeons and Anderson Moores. Grew our VIP loyalty club to more than 4.5m members, 50 with more than 13.5m pets new veterinary practices. Total portfolio 388 Significantly expanded our online product range and leveraged our UK wide store 60 network, with 50% of online new grooming salons. orders now collected in-store Total portfolio 240 Exciting trial retail formats Opened six new Barkers stores, our High Street based specialist dog shop and grooming spa. Opened one Whiskers ‘n Paws, our High Street based convenience store, focused on core Pets at Home dog and cat customers, with a Groom Room salon. Pets at Home Group Plc 2 Annual Report and Accounts 2016 Strategic report Overview / Strategy / Performance Responsibility at the heart of our business Product and innovation Grew our online range to 12,000 products, over 4,000 greater than the range in-store. Expanded our private label Wainwright’s into frozen dog food. UK exclusive launch of Wellness Advanced Nutrition, the number one independent, family owned brand of natural pet food Industry leading colleague in the US market. retention and engagement 79% Passionate and expert colleagues are colleague retention central to our success, creating more reasons for customers to come into store and engage with us. Maintaining industry leading retention and engagement rates 7th 12,000 is vital to retaining our specialist edge. place in Great Place products available in stores and online Our colleague training has been endorsed to Work survey by City & Guilds, providing a stamp of approval that demonstrates the value of colleague expertise. VIP loyalty card lifelines We award lifelines for every purchase £1.8m our loyalty card members make. raised by our VIP Lifelines convert into donations for club members our VIP members’ chosen animal charities. This year we have raised over £1.8m for animal charities throughout the UK, and since inception have raised £4.2m. Read more on page 34 Read more on page 44 Pets at Home Group Plc Annual Report and Accounts 2016 3 Our history Celebrating years at the forefront of pet retailing Launch of new e-commerce website. Voted Employer of the Year in Retail Pets at Home Support Adoption store Week’s ‘people in founded; first store For Pets founded, retail’ awards. opens in Chester. a charity dedicated to rehoming pets. Wainwright’s private 4,100 15 label food brand colleagues colleagues launched. 1991 1999 2003 2006 2007 2008 2009 2012 2013 2014 2015 2016 First in-store National Distribution In-store pet adoption veterinary Centre opens in scheme launched practice opens. Stoke-on-Trent. with Support Adoption Pets at Home For Pets. acquires PetSmart in the UK. 2,600 colleagues 200 144 stores stores Pets at Home Group Plc 4 Annual Report and Accounts 2016 Strategic report Overview / Strategy / Performance We’re part of a growing family where pets come first. Our number one value is ‘Pets Before Profit’ 427 stores 388 vet practices 240 grooming salons 4.5m VIP members Launch of VIP First trial Barkers store ("Very Important Pet") opened in Wilmslow. loyalty scheme. Initial Public Offering 7,900 Direct product sourcing – Pets at Home lists on colleagues operation opened in Asia. London Stock Exchange. 1991 1999 2003 2006 2007 2008 2009 2012 2013 2014 2015 2016 Acquired Vets4Pets to Groom Room create network of 236 First acquisitions in the services launched first opinion vet practices. specialist veterinary in seven stores. Voted The Sunday referrals market. Times best big company to work for. 6,500 360 colleagues stores Pets at Home Group Plc Annual Report and Accounts 2016 5 At a glance Delivering an amazing pet experience through an integrated retail and services offer Merchandise Pets at Home Barkers Whiskers ‘n Paws by Pets at Home Pets at Home offers a range of A trial format, dog focused High Street A trial High Street based convenience food and accessories through store. Offering premium products and format, focused on core Pets at Home a UK wide network of 419 stores; grooming services targeted at highly dog and cat customers, with a Groom 59% of stores have a vet practice engaged dog owners. Room salon. and 56% have a grooming salon. 419 7 1 stores and PetsAtHome.com stores and Barkersfordogs.com store Read more on page 34 Services Vets4Pets Specialist referral centres Our network of primary opinion Northwest Surgeons in Cheshire small animal veterinary practices, and Anderson Moores in Winchester operated in conjunction with our provide specialist referral services Joint Venture vet partners. to primary opinion practices. 388 2 practices both in-store and standalone referral centres Read more on page 36 Pets at Home Group Plc 6 Annual Report and Accounts 2016 Strategic report Overview / Strategy / Performance Business model on page 10 Merchandise Extensive UK stores and services 427 388 stores with 240 groomers vet practices Ride-away A specialist retailer of equestrian supplies with a website, catalogue and superstore in York. 1 store and Rideaway.co.uk Read more on page 34 Services The Groom Room Our dog and cat grooming salons, located predominantly in-store. 240 salons Read more on page 36 Pets at Home Group Plc Annual Report and Accounts 2016 7 Market overview Pets at Home is the clear leader in the UK pet market Specialist veterinary Competitive backdrop Key market drivers referrals market • Pet market has shown resilience Pet population Our in-store and standalone Vets4Pets and premium growth to that of the • Stable UK pet population of around 9m practices offer primary opinion and some UK general retail market dogs and 9m cats specialist services for the small animal pet • Advanced Nutrition and services are • Shift in dog breeds towards specialist market.
Recommended publications
  • 2020-Annual-Report-Web-Edition.Pdf

    2020-Annual-Report-Web-Edition.Pdf

    Domino’s Pizza Group plc Annual Report & Accounts 2020 Accounts & Report Pizza plc Annual Group Domino’s WE GOT THIS Annual Report & Accounts 2020 DOMINO’S PIZZA GROUP PLC 1 Thornbury, West Ashland, Milton Keynes MK6 4BB https://corporate.dominos.co.uk Domino’s Pizza Group plc Domino’s Pizza is the UK’s leading pizza brand and a major player in the Republic of Ireland We are incredibly proud that the business traded throughout the year and grateful to all our team members” OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS 01 Highlights 12 Q&A with Chief Executive Officer 70 Board of Directors 134 Independent Auditor’s report and Chief Financial Officer 02 At a glance 74 Chair’s introduction to 144 Group income statement 14 Chief Executive Officer’s review Corporate Governance 03 Purpose, vision and values 145 Group statement of 24 Strategic priorities 76 Corporate Governance comprehensive income 04 Investment case 26 Market context 88 Nomination Committee report 146 Group balance sheet 06 Chair’s statement 28 Key performance indicators 90 Audit Committee report 148 Group statement of changes 08 Covid-19 in equity 30 Business model 100 Directors’ remuneration report 149 Group cash flow statement 32 Sustainability 127 Directors’ report 151 Notes to the Group financial 45 Section 172 of the Companies Act 131 Statement of Directors’ statements responsibilities 46 Engaging with our stakeholders 217 Company balance sheet and workforce 218 Company statement of changes 48 Chief Financial Officer’s review in equity 56 Risk management 219
  • Blackrock UK Smaller Companies PDF Factsheet

    Blackrock UK Smaller Companies PDF Factsheet

    Adventurous 31 August 2021 Life Fund SW BlackRock UK Smaller Companies Life Asset Allocation (as at 31/07/2021) This document is provided for the purpose of UK Small Cap Companies 99.8% information only. This factsheet is intended for individuals who are familiar with investment Money Market 0.2% terminology. Please contact your financial adviser if you need an explanation of the terms used. This material should not be relied upon as sufficient information to support an investment decision. The portfolio data on this factsheet is updated on a quarterly basis. Fund Aim The fund aims for long-term growth by investing in UK smaller companies which the Fund Manager considers to have above average long-term growth prospects. The fund Sector Breakdown (as at 31/07/2021) invests solely through the BlackRock UK Consumer Discretionary 27.7% Smaller Companies Unit Trust. Industrials 25.1% Basic Fund Information Financials 12.2% Fund Launch Date 19/09/2001 Technology 11.3% Fund Size £5.3m Basic Materials 5.1% Sector ABI UK Smaller Other 4.9% Companies Energy 3.8% ISIN GB0030873565 Consumer Staples 3.8% MEX ID SWMUL Health Care 3.7% SEDOL 3087356 Telecommunications 2.5% Manager Name Roland Arnold Regional Breakdown (as at 31/07/2021) Manager Since 26/03/2015 Top Ten Holdings (as at 31/07/2021) WATCHES OF SWITZERLAND 2.9% GROUP PLC IMPAX ASSET MANAGEMENT 2.4% GROUP PLC TREATT PLC 2.2% The composition of asset mix and asset allocation may change at any time and exclude cash CVS GROUP PLC 2.1% unless otherwise stated BREEDON GROUP PLC 2.0% OXFORD INSTRUMENTS PLC 1.8% INTEGRAFIN HOLDINGS PLC 1.8% AUCTION TECHNOLOGY GROUP 1.7% PLC ERGOMED PLC 1.7% LEARNING TECHNOLOGIES GROUP 1.7% PL TOTAL 20.3% Page 1 Past Performance Fund Rating Information 100% Overall Morningstar **** Rating Morningstar Analyst Rating 50% FE fundinfo Crown Rating The FE fundinfo Crown Rating relates to this fund.
  • Annual Report of Proxy Voting Record Date Of

    Annual Report of Proxy Voting Record Date Of

    ANNUAL REPORT OF PROXY VOTING RECORD DATE OF REPORTING PERIOD: JULY 1, 2018 - JUNE 30, 2019 FUND: VANGUARD FTSE 250 UCITS ETF --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ISSUER: 3i Infrastructure plc TICKER: 3IN CUSIP: ADPV41555 MEETING DATE: 7/5/2018 FOR/AGAINST PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT PROPOSAL #1: ACCEPT FINANCIAL STATEMENTS AND ISSUER YES FOR FOR STATUTORY REPORTS PROPOSAL #2: APPROVE REMUNERATION REPORT ISSUER YES FOR FOR PROPOSAL #3: APPROVE FINAL DIVIDEND ISSUER YES FOR FOR PROPOSAL #4: RE-ELECT RICHARD LAING AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #5: RE-ELECT IAN LOBLEY AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #6: RE-ELECT PAUL MASTERTON AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #7: RE-ELECT DOUG BANNISTER AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #8: RE-ELECT WENDY DORMAN AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #9: ELECT ROBERT JENNINGS AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #10: RATIFY DELOITTE LLP AS AUDITORS ISSUER YES FOR FOR PROPOSAL #11: AUTHORISE BOARD TO FIX REMUNERATION OF ISSUER YES FOR FOR AUDITORS PROPOSAL #12: APPROVE SCRIP DIVIDEND SCHEME ISSUER YES FOR FOR PROPOSAL #13: AUTHORISE CAPITALISATION OF THE ISSUER YES FOR FOR APPROPRIATE AMOUNTS OF NEW ORDINARY SHARES TO BE ALLOTTED UNDER THE SCRIP DIVIDEND SCHEME PROPOSAL #14: AUTHORISE ISSUE OF EQUITY WITHOUT PRE- ISSUER YES FOR FOR EMPTIVE RIGHTS PROPOSAL #15: AUTHORISE MARKET PURCHASE OF ORDINARY ISSUER YES FOR FOR
  • Parker Review

    Parker Review

    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
  • Introduction to Premier Foods January 2021 History and Introduction

    Introduction to Premier Foods January 2021 History and Introduction

    Introduction to Premier Foods January 2021 History and Introduction 2 GROUP OVERVIEW Grocery (67% of sales) • Listed on the London Stock Exchange since 2004 • One of the UK’s largest food manufacturers • Manufactures, distributes, sells and markets a wide range of predominantly branded products in the ambient grocery sector • Market leading product portfolio including cakes, gravies, stocks, cooking sauces & accompaniments, Sweet Treats (28% of sales) desserts, soups and pot snacks • Operates from 16 sites in the UK International (5% of sales) Sales £847m EBITDA £153m 3 WE ARE ONE OF THE UK’s LEADING AMBIENT GROCERY SUPPLIERS 5.6 5.4 4.4 % Share 3.3 3.2 3.2 2.9 2.9 2.5 2.3 2.1 1.8 1.5 Mondelez Nestle Coca-Cola Mars PepsiCo Premier Britvic Heinz Pladis (UB) Kellogg's Unilever ABF Princes Foods Source: Kantar Worldpanel, 52 weeks ending 6 September 2020, excludes Foodservice and out of home 4 STRONG BRAND EQUITY Strong market shares and high household penetration Categories Brands Position Share Penetration Flavourings & Seasonings 1 44% 73% Quick Meals, Snacks & Soups 1 33% 47% Ambient Desserts 1 36% 59% Cooking Sauces & Accompaniments 1 16% 54% Ambient Cakes 1 24% 65% Sources: Category position & market share: IRI 52 w/e 26 September 2020; Penetration: Kantar Worldpanel 52 w/e 4 October 2020 5 PREMIER FOODS IS A VERY DIFFERENT BUSINESS TO 4 YEARS AGO A successful branded growth model with reduced leverage and de-risked pensions 2016 2020 Flat to marginally positive 14 consecutive quarters Trading sales growth UK sales growth Leverage 3.63x
  • 11/16 Hindesight UK Dividend Letter

    11/16 Hindesight UK Dividend Letter

    NOV 16 Mark Mahaffey Ben Davies Aalok Sathe “Wir können das schaffen” (“We can do it”) ― Angela Merkel OVERVIEW In late-September for the last 20 odd years, I have made the three-day trip to the famous Munich beer festival, ‘Oktoberfest’. Ex-colleagues and friends have made the trip over the years, with differing rotation, and many people still tell me it is on their bucket list. The Oktoberfest is the world’s largest festival, with 6 million visitors attending the 16-18 day event, which runs from late-September to early October. Originating from the royal wedding celebrations in 1810 between Crown Prince Ludwig and Princess Therese of Saxe-Hildburghausen, the festival has been an annual event almost ever since. In over 200 years, the festival has only been cancelled 24 times, usually as a result of war. Obviously, beer is an attraction for the largely German attendance (some 75% usually) but the pantomime party atmosphere of historic Bavaria is like a journey back in time. Only beer that has been brewed from the six breweries in the city limits can be sold as Oktoberfest beers – Augustiner-Brau, Hacker-Pschorr-Brau, Lowenbrau, Paulaner, Spatenbrau and Staatliches Hofbrau-Munchen. The belief is that Oktoberfest beer is brewed only for the festival, so it is fresh and without multiple preservatives, thus reducing its hangover potential!!! While our capacity for beer is far less in our 50s, than it was in our 20s and 30s, an enjoyable time was still had by all. HINDESIGHT DIVIDEND UK LETTER / NOV 16 1 Last year’s trip to Munich in September 2015 coincided with Germany opening their arms to refugees, the majority of them arriving at Munich’s main railway station right in the centre of town, as their first step on German soil.
  • Market Beating Organic Growth

    Market Beating Organic Growth

    Market 4imprint Group plc Beating Organic Growth Annual Report and Accounts 2016 Annual Report and Accounts 2016 ABOUT 4IMPRINT Contents Overview We are the leading 01 2016 Highlights 02 At a Glance 04 Chairman’s Statement direct marketer of Strategic Report 06 Chief Executive’s Review 08 Strategy promotional products 09 Market Overview 10 Business Model 11 Key Performance Indicators 12 Financial Review in the USA, Canada, 16 Principal Risks & Uncertainties 19 Corporate & Social Responsibility Report the UK and Ireland. Governance 22 Board of Directors Most of our revenue is generated in North America, serviced from the 24 Directors’ Report 26 Statement on Corporate principal office in Oshkosh, Wisconsin. Customers in the UK and Irish Governance markets are served out of an office in Manchester, UK. 32 Annual Statement by the Chairman of the Remuneration Committee Operations are focused around a highly developed direct marketing 34 Remuneration Report 40 Statement of Directors’ business model which provides millions of potential customers with Responsibilities access to tens of thousands of customised products. Financial Statements 41 Independent Auditors’ Report Organic growth is delivered by using a wide range of data-driven, offline – Group and online direct marketing techniques to capture market share in the 46 Group Income Statement 47 Group Statement of large and fragmented promotional product markets that we serve. Comprehensive Income 48 Group Balance Sheet 49 Group Statement of Changes in Shareholders’ Equity 50 Group Cash Flow
  • June 2018 Share Price: £2.19 Net Asset Value: £2.16 Premium: 1.4% Market Cap: £106M Data As at 30 June 2018

    June 2018 Share Price: £2.19 Net Asset Value: £2.16 Premium: 1.4% Market Cap: £106M Data As at 30 June 2018

    Aurora Investment Trust – June 2018 Share Price: £2.19 Net Asset Value: £2.16 Premium: 1.4% Market Cap: £106m Data as at 30 June 2018 Equities >3% at 30 June 2018 Tesco Lloyds Banking Group GlaxoSmithKline Sports Direct Randall & Quilter Vesuvius Hornby Bellway Morrisons easyJet Redrow Dignity JD Wetherspoon Others <3% (2) Phoenix SG Limited Cash Position demographic trends. However, to achieve their potential and attract and delight new customers it is essential to modernise and make the most of new technologies and insights. The internet, rather than hurting a business-like Stanley Gibbons, in fact does the opposite. It allows a unique single iconic location in London to reach a worldwide audience inexpensively, and for a business so rich in intellectual property and knowledge, to offer an engaging and immersive experience tailored to the interest of the customer. The building blocks for a great business are there in terms of the brand, heritage, reputation and capability. We look forward to updating you in the coming years on their progress. The following is taken from Gary Channon's latest 02 report to investors in the Phoenix UK Fund: We invest by making business and stock specific decisions, one by one, whilst paying attention to the overall risk profile of the portfolio. Some think this means that our decisions therefore contain no macro-economic element, however this is not possible. All our businesses operate within the overall economy The expected future cashflows of a business will exist in a macro-economic context and we recognise that when we build models and derive valuations.
  • Annual Report and Accounts 2010 Annual Report and Accounts 2010 Accounts and Report Annual Annual Report and Accounts 2010 Welcome Aboard!

    Annual Report and Accounts 2010 Annual Report and Accounts 2010 Accounts and Report Annual Annual Report and Accounts 2010 Welcome Aboard!

    Annual report and accounts 2010 Annual report and accounts 2010 Annual report and accounts 2010 Welcome aboard! Navigating your way around this report... 01 Overview 54 Accounts 2010 Business highlights 01 Independent auditors’ report to the members easyJet at a glance 02 of easyJet plc 54 15 years of continued success 04 Consolidated income statement 55 Chairman’s statement 06 Consolidated statement of comprehensive income 56 Consolidated statement of financial position 57 Consolidated statement of changes in equity 58 Consolidated statement of cash flows 59 Notes to the accounts 60 Company statement of financial position 90 Company statement of changes in equity 91 Company statement of cash flows 92 Notes to the Company accounts 93 08 Business review 95 Other information Chief Executive’s statement 08 Five year summary 95 Strategy and KPIs 14 Glossary 96 Financial review 16 Corporate responsibility 28 34 Governance Directors’ report easyJet plc is incorporated as a public limited company and is registered in Directors’ profiles 34 England with the registered number 3959649. easyJet plc’s registered office Corporate governance 36 is Hangar 89, London Luton Airport, Bedfordshire LU2 9PF. The Directors Shareholder information 40 present the Annual report and accounts for the year ended 30 September Report on Directors’ remuneration 41 2010. References to ‘easyJet’, the ‘Group’, the ‘Company’, ‘we’, or ‘our’ are to Statement of Directors’ responsibilities 53 easyJet plc or to easyJet plc and its subsidiary companies where appropriate. Pages 01 to 53, inclusive, of this Annual report comprise the Directors’ report that has been drawn up and presented in accordance with English company law and the liabilities of the Directors in connection with that report shall be subject to the limitations and restrictions provided by such law.
  • Blackrock UK Special Situations Fund

    Blackrock UK Special Situations Fund

    Annual report BlackRock UK Special Situations Fund For the year ended 28 February 2019 Contents General Information Manager & Registrar General Information 2 BlackRock Fund Managers Limited About the Fund 3 12 Throgmorton Avenue, London EC2N 2DL Investment Objective & Policy 3 Member of The Investment Association and authorised and regulated by the Financial Conduct Authority (“FCA”). Fund Managers 3 Directors of the Manager G D Bamping* C L Carter M B Cook (appointed 2 May 2018) W I Cullen* Significant Events 3 R A Damm (resigned 31 December 2018) R A R Hayes A M Lawrence Risk and Reward Profile 4 L E Watkins (appointed 16 May 2018, resigned 1 March 2019) M T Zemek* Performance Table 5 * Non-executive Director. Classification of Investments 6 Trustee* & Custodian The Bank of New York Mellon (International) Limited Investment Report 7 One Canada Square, London E14 5AL Performance Record 9 Authorised by the Prudential Regulation Authority and regulated by the FCA and the Prudential Distribution Tables 13 Regulation Authority. * On 18 June 2018 the Trustee changed from BNY Mellon Trust & Depositary (UK) Limited to The Bank of New York Mellon (International) Limited. Report on Remuneration 14 Portfolio Statement 20 Investment Manager BlackRock Investment Management (UK) Limited Statement of Total Return 24 12 Throgmorton Avenue, London EC2N 2DL Statement of Change in Net Assets Attributable to Unitholders 24 Authorised and regulated by the FCA. Balance Sheet 25 Securities Lending Agent Notes to Financial Statements 26 BlackRock Advisors (UK) Limited 12 Throgmorton Avenue, London EC2N 2DL Statement of Manager’s Responsibilities 41 Authorised and regulated by the FCA.
  • Fiscal Quarter-End Holdings (Pdf)

    Fiscal Quarter-End Holdings (Pdf)

    Quarterly Schedules of Portfolio Holdings International & Global Funds July 31, 2020 Retirement Institutional Administrative Investor Class Class Class Class Harbor Diversified International All Cap Fund HNIDX HAIDX HRIDX HIIDX Harbor Emerging Markets Equity Fund HNEMX HAEMX HREMX HIEEX Harbor Focused International Fund HNFRX HNFSX HNFDX HNFIX Harbor Global Leaders Fund HNGIX HGGAX HRGAX HGGIX Harbor International Fund HNINX HAINX HRINX HIINX Harbor International Growth Fund HNGFX HAIGX HRIGX HIIGX Harbor International Small Cap Fund HNISX HAISX HRISX HIISX Harbor Overseas Fund HAORX HAOSX HAOAX HAONX Table of Contents Portfolios of Investments HARBOR DIVERSIFIED INTERNATIONAL ALL CAP FUND. ..... 1 HARBOR EMERGING MARKETS EQUITY FUND . .......... 8 HARBOR FOCUSED INTERNATIONAL FUND. ................................. 11 HARBOR GLOBAL LEADERS FUND. ................. 13 HARBOR INTERNATIONAL FUND . 15 HARBOR INTERNATIONAL GROWTH FUND . ........................ 21 HARBOR INTERNATIONAL SMALL CAP FUND. ................. 24 HARBOR OVERSEAS FUND . ............................................ 26 Notes to Portfolios of Investments ..................................... 31 Harbor Diversified International All Cap Fund PORTFOLIO OF INVESTMENTS—July 31, 2020 (Unaudited) Value, Cost, and Principal Amounts in Thousands COMMON STOCKS—96.4% COMMON STOCKS—Continued Shares Value Shares Value AEROSPACE & DEFENSE—0.7% BANKS—Continued 28,553 Airbus SE (France)* .............................. $ 2,090 236,142 Svenska Handelsbanken AB (Sweden) ............... $
  • EDF Position Paper on Air Passengers' Rights for Persons With

    EDF Position Paper on Air Passengers' Rights for Persons With

    EDF Position Paper on Air Passengers’ Rights for Persons with Disabilities European Disability Forum [email protected] | +32 2 329 00 59 Mundo Madou, Avenue des Arts 7-8, 1210 Brussels, Belgium June 2020 This publication has received financial support from the European Union. The information contained in this publication does not necessarily reflect the official position of the European Commission. EDF position on Regulation 1107/2006 concerning the rights of persons with disabilities when travelling by air Contents About the European Disability Forum (EDF) ............................................................... 1 Executive summary ..................................................................................................... 2 Introduction ................................................................................................................. 2 Issues to be tackled .................................................................................................... 3 Discrimination against persons with disabilities and “Denied boarding” .................. 3 Full compensation for damaged, lost, or destroyed mobility equipment, and injured assistance animal ..................................................................................................................... 6 Transparent and simplified booking of assistance .................................................. 8 Better communication between airlines, airports, and booking agents ................... 9 Choice of seating and other operational procedures