Satisfying the Changing Needs of Our Customers

Total Page:16

File Type:pdf, Size:1020Kb

Satisfying the Changing Needs of Our Customers Satisfying the changing needs of our customers Annual Report and Accounts 2018 Group Highlights Group Operational Group Financial Summary Performance (Year ended 31 December 2018) Total customer account holdings Group Revenue Return on average capital employed – Consumer (‘000) (ROACE) 2018 25,067 £29.7bn 13% 2017 25,316 2017: £28.0bn 2017: 14% 6% 1ppt Total customer account holdings Adjusted operating profit Statutory operating profit – Business (‘000) 2018 1,209 £1,392m £987m 2017 1,273 2017: £1,247m(1) 2017: £481m(1) 12% 105% Total customer gas consumption Adjusted earnings Statutory profit for the year (mmth) attributable to shareholders Total customer gas consumption 2018 12,465 £631m £183m 2017 11,630 2017: £693m(1) 2017: £328m(1) 9% 44% Total customer electricity Adjusted basic earning per share Statutory basic earning per share consumption (GWh) (EPS) Total customer electricity 2018 130,350 11.2p 3.3p 2017 133,869 2017: 12.5p(1) 2017: 5.9p(1) 10% 44% Direct Group headcount(2) Adjusted operating cash flow Statutory net cash flow Direct Group headcount from operating activities 2018 30,520 2017 33,138 £2,245m £1,934m 2017: £2,069m 2017: £1,840m 9% 5% Total recordable injury frequency Group net debt Net exceptional charge after taxation rate per 200,000 hours worked included in statutory profit Lost time injury frequency rate 2018 1.02† £2,656m £235m 2017 0.98 2017: £2,596m 2017: £476m 2% 51% (1) Restated for adoption of IFRS 15: revenue from contracts with customers. (2) Direct Group headcount excludes contractors, Read more about our Key Performance Indicators agency and outsourced staff. Pages 18 to 19 † We engaged PricewaterhouseCoopers (PwC) Unless otherwise stated, all references to operating profit or loss, taxation, cash flow, earnings and earnings per to undertake a limited assurance engagement over share throughout the Strategic Report are adjusted figures, reconciled to their statutory equivalents in the Group 19 metrics highlighted with the symbol ‘†’ throughout Financial Review on pages 36 to 40. See also notes 2, 4 and 10 to the Financial Statements on pages 132 and 133, the Annual Report and Accounts 2018. See page 238 136 to 143 and 151 and 152, for further details of these adjusted performance measures. In addition see pages 235 or centrica.com/assurance for more details. and 237 for an explanation and reconciliation of other adjusted performance measures used within this document. Group Financial Summary (Year ended 31 December 2018) Group Snapshot Contents Strategic Report The world of energy is changing and, 2 Centrica at a Glance with our chosen businesses, distinctive 4 Chairman’s Statement 8 Group Chief Executive’s Statement propositions and current capabilities, 14 Our Strategy 16 Our Business Model Centrica is well placed to deliver for its 18 Key Performance Indicators customers, shareholders and for society. 20 Business Review 28 Digital Transformation We aim to be a good corporate citizen 30 Centrica Consumer and an employer of choice. 32 Centrica Business 34 Exploration & Production Our areas of focus for growth are Energy Supply, Services, 36 Group Financial Review Connected Home, Distributed Energy & Power, Energy 41 Our Principal Risks and Uncertainties Marketing & Trading. We also have a material Exploration 52 Stakeholder Engagement & Production division. 56 Delivering our Responsible We supply energy and services to over 25 million customer Business Ambitions accounts mainly in the UK, Ireland and North America Governance through strong brands such as British Gas, all supported 66 Directors’ and Corporate by around 15,000 engineers and technicians. We are focused Governance Report on delivering high levels of customer service, engagement 80 Committee Reports and loyalty. 90 Remuneration Report 110 Directors’ and Corporate Governance Technology is increasingly important in the delivery of energy Report – Other Statutory Information and services to our customers. We are developing innovative Financial Statements products, offers and solutions, underpinned by investment 114 Independent Auditors’ Report in technology. In 2017 we announced the creation of a new 124 Group Income Statement venture ‘Centrica Innovations’ to identify, incubate and 125 Group Statement of accelerate new technologies and innovations. Comprehensive Income Group Statement of Changes in Equity At the end of 2017, phase one of Centrica’s repositioning 126 127 Group Balance Sheet was complete. We have simplified our business and portfolio. 128 Group Cash Flow Statement We now have just three divisions – Centrica Consumer, 129 Notes to the Financial Statements Centrica Business and Exploration & Production. Our asset 209 Company Financial Statements portfolio has been materially repositioned. 211 Notes to the Company Financial Statements We have delivered cumulative annual savings of £940 million 220 Gas and Liquids Reserves (Unaudited) since 2015. 2018 exceptional restructuring charge of £170 221 Five Year Summary (Unaudited) million taking total exceptional restructuring costs 2016–18 222 Ofgem Consolidated Segmental to £486 million. We are seeing encouraging signs of progress Statement in our customer-facing businesses. A further £250 million Other Information of savings are expected in 2019 taking cumulative annual 234 Shareholder Information savings relative to 2015 close to the £1.25 billion 2020 target. 235 Additional Information – Explanatory Notes (Unaudited) Read more about Our Strategy 238 Responsible Business Pages 14 to 15 – Performance Measures IBC Glossary Read more about Our Business Model Pages 16 to 17 Explore online Visit our website to find out more: centrica.com/ar18 @centricaplc Centrica plc Annual Report and Accounts 2018 1 Strategic Report Centrica Consumer Centrica UK Home Supplying competitive and reliable energy to residential customers in the UK, and providing innovative services and solutions that help at a Glance to keep their homes warm and working. Ireland Our purpose Supplying competitive and reliable energy and energy services to residential and business customers across Ireland. Providing energy and services North America Home to satisfy the changing needs Supplying competitive and reliable energy and providing home of our customers. services to customers in North America. Connected Home Helping customers get more from their homes, providing automation, energy management and peace of mind through our award-winning range of Hive connected home devices, software and services. Read more about Centrica Consumer on Pages 20 to 23 and 30 to 31 UK Our performance £8,392m Home Breakdown of gross revenue £8,536m UK £8,392m Ireland UK £907m £8,392m Home £8,536m Home Home £827m £8,536m Ireland £907m North America Ireland £2,533m £907m Home £827m Home Home £2,722m £827m North America £2,533m Connected North America£67m £2,533m Home £2,722m Home Home £42m £2,722m Connected £67m Connected £67m Home £42m Home £42m UK £668m Home Breakdown of adjusted £819m operating profit/(loss) UK £668m Ireland UK £44m £668m Home £819m Home Home £47m £819m Ireland £44m North America Ireland £123m £44m Home (1) £47m Home Home £114m £47m North America £123m Connected £(85)mNorth America £123m Home £114m(1) Home £(95)mHome £114m(1) Connected £(85)m Connected £(85)m Home £(95)m Home £(95)m (1) Restated for adoption of IFRS15: Revenue from contracts with customers Key: 2018 Figures 2017 Figures Key: Key: 2018 Figures 2 Centrica plc Annual Report and Accounts 2018 2018 Figures 2017 Figures 2017 Figures Centrica Business Exploration & Production UK Business Spirit Energy Supplying energy and services to a diverse range of business customers Targeting a sustainable, self-financing Exploration & Production in the UK, using a variety of products tailored to meet their differing needs (E&P) business, producing around 50 million barrels of oil and help them more effectively manage their energy consumption and costs. equivalent a year, focused on the North Sea (the UK, the Netherlands, Norway and Denmark). North America Business Supplying competitive and reliable electricity and natural gas and energy Centrica Storage services to retail and wholesale customers across North America. Operating the Rough gas field in the UK North Sea, which has been converted from a storage asset to a producing Distributed Energy & Power asset before decommissioning. Providing industrial and commercial customers with the ability to use energy more intelligently, giving them the tools to generate and manage their energy usage under the Centrica Business Solutions brand. Energy Marketing & Trading Providing risk management and wholesale market access for the Group, building on strong cross-commodity trading capabilities and a global presence in LNG. Central Power Generation Generating power from our 20% interest in eight nuclear power stations in the UK and managing the output from a tolling arrangement with Spalding Power Station. Read more about Centrica Business on Read more about Exploration & Production on Pages 24 to 26 and 32 to 33 Page 27 and pages 34 to 35 UK £1,857m Exploration £2,121m Business Breakdown £1,830m of gross revenue & Production Breakdown £1,744m(2) of gross revenue UK £1,857m Exploration £2,121m North America UK £8,820m £1,857m Exploration £2,121m Business £1,830m & Production £1,744m(2) Business Business £8,158m £1,830m & Production £1,744m(2) North America £8,820m Distributed North£209m America £8,820m Business(1) £8,158m Energy & Power Business£183m £8,158m Distributed £209m Energy Marketing Distributed £5,752m £209m
Recommended publications
  • Annual Report and Accounts 2006 Annual Report and Accounts 2006
    Centrica plc Annual Report and Accounts 2006 Annual Report and Accounts 2006 report Securing our customers’ energy needs Our vision is to become a leading integrated energy company in selected markets in order to maximise value to shareholders. In 2006 we focused on securing energy to meet our customers’ future needs. Our strategy Our strategy is to create a distinctive business model that delivers sustained profitability through the commodity cycle. We will achieve this by focusing on the following clear priorities: Transform British Gas Sharpen up the organisation and reduce costs Reduce risk by adding new sources of gas and power Build on our multiple growth platforms Our main activities Our upstream business Our downstream business We source energy internationally We supply energy to homes We find and produce gas predominantly in the UK We are Britain’s largest gas and electricity retailer, and have acquired licence blocks in Norway and supplying 49% of the residential gas market and 22% north and west Africa. We trade energy in the UK, of residential electricity. We are a growing North America and Europe and secure contracts force in North America, serving customers in five to bring gas to the UK. Canadian provinces and 15 US states. We generate energy We supply energy to businesses We generate electricity through our gas-fired power In Britain, we are a major supplier of gas and stations in the UK and US and through a growing electricity to the commercial sector. We also have portfolio of wind assets and purchasing agreements. customers in Belgium, the Netherlands and Spain.
    [Show full text]
  • TRICENTRIC® Triple Offset Butterfly Valves
    TRICENTRIC® Excellent Triple Offset Butterfly Valves Power & Industrial Solutions Superior performance for a wide range of applications TRICENTRIC® Triple Offset Butterfly Valves TRICENTRIC® is a leading brand of triple offset butterfly valves manufactured by Weir Valves & Controls USA, Inc. (“Weir Valves & Controls”). Contents ® TRICENTRIC valves were the first triple offset butterfly valves to be introduced in Introduction 1 North America in the late 1970s. RAPID RESPONSE Program 1 Weir Valves & Controls is part of The Weir Group PLC’s Power & Industrial Division. The Weir Group PLC is a FTSE 100 engineering solutions company headquartered Quality Assurance 1 in Glasgow, Scotland. The Weir Group’s global footprint covers over 70 countries, Safety 2 employing over 13,000 people. The Weir Group provides engineering solutions with a focus on the minerals, oil & gas and power markets. Valve Testing 2 Our rich history of engineering excellence gives us the knowledge base necessary Conventional Power 3 to design valve products for the most demanding applications. Nuclear Power 4 We serve customers across a broad range of industries including: conventional Oil & Gas / Refining 5 power, nuclear power, oil & gas, refining, desalination, chemical processing, pulp & paper mills, municipal service and special applications. Chemical Processing 5 Pulp & Paper 6 Municipal Service 6 Special Applications 6 Performance 7 Principle of Operation 8 Triple Offset Sealing System 8 Features & Benefits 9 Accessories & Options 10 Lug/Wafer Dimensions 11 Double
    [Show full text]
  • 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.
    [Show full text]
  • Africa's Leading Independent Oil Company
    TULLOW OIL PLC PLC OIL TULLOW 2017 ANNUAL REPORT & ACCOUNTS & REPORT ANNUAL 2017 TULLOW OIL PLC 2017 ANNUAL REPORT & ACCOUNTS AFRICA’S LEADING INDEPENDENT OIL COMPANY www.tullowoil.com D AFRICA’S LEADING INDEPENDENT OIL COMPANY Tullow Oil is a leading independent oil and gas exploration and production company. Our focus is on finding and monetising oil in Africa and South America. Our key activities include targeted Exploration and Appraisal, selective development projects and growing our high-margin production. We have a prudent financial strategy with diverse sources of funding. Our portfolio of 90 licences spans 16 countries and is organised into three Business Delivery Teams. We are headquartered in London and our shares are listed on the London, Irish and Ghana Stock Exchanges. 1 2 3 STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS Our Group highlights 1 Directors’ report 56 Statement of Directors’ responsibilities 108 Our operations 4 Audit Committee report 67 Independent auditor’s report for the Chairman’s foreword 6 Nominations Committee report 73 Group Financial Statements 109 Chief Executive Officer’s foreword 8 EHS Committee report 76 Group Financial Statements 117 Chief Financial Officer’s foreword 10 Remuneration report 78 Company Financial Statements 153 Executive Team overview 12 Other statutory information 101 Five-year financial summary 162 Market outlook 14 Supplementary information Our strategy 16 Shareholder information 163 Our business model 18 Licence interests 164 Key performance indicators 20 Commercial reserves and resources 168 Creating value 24 Transparency disclosure 169 Operations review 26 Sustainability data 176 Finance review 31 Tullow Oil plc subsidiaries 179 Responsible Operations 36 Glossary 181 Governance & Risk management 38 Board of Directors 40 Principal Risks 42 Organisation & Culture 50 Shared Prosperity 52 You can find this report and additional information about Tullow Oil on our website: www.tullowoil.com Cover: TEN FPSO, Prof.
    [Show full text]
  • LDA Report Template
    The Planning Act 2008 The Infrastructure Planning (Applications: Prescribed Forms and Procedure) Regulations 2009 Section 37(3)(c) Planning Act 2008 The Proposed Rookery South (Resource Recovery Facility) Order Consultation Report 4 August 2010 Document Reference: 7.1 Covanta Rookery South Limited LDA Design 7.1: Consultation Report 2 Covanta Rookery South Limited LDA Design Contents 0.0 Foreword ....................................................................................................... 11 1.0 Summary ....................................................................................................... 15 1.1. Introduction ............................................................................................. 15 1.2. Consultation Outcomes .......................................................................... 16 1.3. Conclusion .............................................................................................. 22 2.0 Introduction ................................................................................................... 25 2.1. Background ............................................................................................ 25 2.2. The Applicant: Covanta .......................................................................... 25 2.3. The Purpose of this Report ..................................................................... 26 2.4. The Proposed Project ............................................................................. 26 2.5. Covanta‟s Application Strategy ..............................................................
    [Show full text]
  • SPALDING ENERGY EXPANSION CARBON CAPTURE READINESS FEASIBILITY STUDY March 2009
    SPALDING ENERGY EXPANSION LTD SPALDING ENERGY EXPANSION CARBON CAPTURE READINESS FEASIBILITY STUDY March 2009 Prepared by Prepared for Parsons Brinckerhoff Ltd Spalding Energy Expansion Limited Amber Court 81 George Street William Armstrong Drive 3rd Floor Newcastle upon Tyne Edinburgh NE4 7YQ EH2 3ES UK Parsons Brinckerhoff Contents Page i of ii CONTENTS Page LIST OF ABBREVIATIONS 1 1. INTRODUCTION 1 2. APPROACH 2 3. LEGAL STATUS 3 3.1 Current arrangement 3 4. POWER PLANT 5 4.1 Sizing of CCS chain 5 5. CAPTURE PLANT TECHNOLOGY 7 6. STORAGE 10 6.1 Potential storage sites 10 6.2 Competing industrial factors 11 6.3 SEE project specific storage solutions 12 6.4 Potential future schemes 12 7. TRANSPORT 13 7.1 Additional CO2 sources 13 7.2 CO2 transportation by pipeline 14 7.2.1 Established technology 15 7.2.2 Risks 15 7.2.3 Legal and regulatory framework 15 7.2.4 Pipeline transport of CO2 from the SEE project 15 7.3 CO2 transportation by road 16 7.4 CO2 transportation by rail 17 7.5 Shipping 18 7.6 Compression 19 7.7 Liquefaction 19 8. INTEGRATION 20 8.1 Steam 20 8.2 Electricity 21 8.3 Space 22 8.4 Cooling 22 8.5 Summary 24 Document No. PBP/INT/SH/000003 SEE CCR FEASIBILITY REPORT.DOC/S3/2/K Parsons Brinckerhoff Contents Page ii Page 9. RETROFITTING CCS 25 9.1 Options for producing steam 25 9.1.1 Option 1 – LP steam turbine extraction 25 9.1.2 Option 2 – HP and/or IP steam turbine exhaust extraction 25 9.1.3 Option 3 – HRSG extraction 26 9.1.4 Option 4 – External steam supply 26 9.2 EA checklist for coal plant 26 9.2.1 Main requirements for CCGT plant 26 10.
    [Show full text]
  • Annual Review and Summary Financial Statements 2010 Shareholder Information Continued
    Centrica plc Registered office: Millstream, Maidenhead Road, Windsor, Berkshire SL4 5GD Company registered in England and Wales No. 3033654 www.centrica.com Annual Review and Summary Financial Statements 2010 Shareholder Information continued SHAREHOLDER SERVICES Centrica shareholder helpline To register for this service, please call the shareholder helpline on 0871 384 2985* to request Centrica’s shareholder register is maintained by Equiniti, a direct dividend payment form or download it from which is responsible for making dividend payments and www.centrica.com/shareholders. 01 10 updating the register. OVERVIEW SUMMARY OF OUR BUSINESS The Centrica FlexiShare service PERFORMANCE If you have any query relating to your Centrica shareholding, 01 Chairman’s Statement please contact our Registrar, Equiniti: FlexiShare is a ‘corporate nominee’, sponsored by Centrica and administered by Equiniti Financial Services Limited. It is 02 Our Performance 10 Operating Review Telephone: 0871 384 2985* a convenient way to manage your Centrica shares without 04 Chief Executive’s Review 22 Corporate Responsibility Review Textphone: 0871 384 2255* the need for a share certificate. Your share account details Write to: Equiniti, Aspect House, Spencer Road, Lancing, will be held on a separate register and you will receive an West Sussex BN99 6DA, United Kingdom annual confirmation statement. Email: [email protected] By transferring your shares into FlexiShare you will benefit from: A range of frequently asked shareholder questions is also available at www.centrica.com/shareholders. • low-cost share-dealing facilities provided by a panel of independent share dealing providers; Direct dividend payments • quicker settlement periods; Make your life easier by having your dividends paid directly into your designated bank or building society account on • no share certificates to lose; and the dividend payment date.
    [Show full text]
  • 233 08 SD50 Environment Permitting Decision Document
    Environment Agency Review of an Environmental Permit for an Installation subject to Chapter II of the Industrial Emissions Directive under the Environmental Permitting (England & Wales) Regulations 2016 Decision document recording our decision-making process following review of a permit The Permit number is: EPR/BK0701IW The Operator is: Spalding Energy Company Limited The Installation is: Spalding Power Station This Variation Notice number is: EPR/BK0701IW/V005 What this document is about Article 21(3) of the Industrial Emissions Directive (IED) requires the Environment Agency to review conditions in permits that it has issued and to ensure that the permit delivers compliance with relevant standards, within four years of the publication of updated decisions on best available techniques (BAT) conclusions. We have reviewed the permit for this installation against the revised BAT Conclusions for large combustion plant published on 17th August 2017. This is our decision document, which explains the reasoning for the consolidated variation notice that we are issuing. It explains how we have reviewed and considered the techniques used by the Operator in the operation and control of the plant and activities of the installation. This review has been undertaken with reference to the decision made by the European Commission establishing best available techniques (BAT) conclusions (‘BAT Conclusions’) for large combustion plant as detailed in document reference IEDC-7-1. It is our record of our decision-making process and shows how we have taken into account all relevant factors in reaching our position. It also provides a justification for the inclusion of any specific conditions in the permit that are in addition to those included in our generic permit template.
    [Show full text]
  • Full Text of the Decision Regarding the Anticipated Acquisition by Telecom
    Anticipated acquisition by Telecom Plus plc of Electricity Plus Supply Limited and Gas Plus Supply Limited from Npower Limited ME/6289/13 The OFT's decision on reference under section 33 given on 16 December 2013. Full text of decision published 20 December 2013. Please note that the square brackets indicate figures or text which have been deleted or replaced in ranges at the request of the parties or third parties for reasons of commercial confidentiality. PARTIES 1. Telecom Plus Plc (TP) is a public company registered in England & Wales and trades under the 'Utility Warehouse' brand. The company provides multi-utility services to domestic customers and small and medium-sized enterprises (SMEs). TP resells a range of utilities, including fixed line telephony, fixed line broadband, mobile telephony, gas and electricity as a bundle with the customer receiving a single bill. Telecom Plus holds a 20 per cent share holding in Opus Energy Group Limited (Opus),1 an electricity and gas supplier to SME customers in the UK. 2. Electricity Plus Supply Limited (EP) and Gas Plus Supply Limited (GP) (together the 'targets') were previously owned by TP and sold to Npower Limited in 2006.2 The targets are used by Npower Limited as the exclusive vehicle for the retail sale of electricity and gas to domestic customers and SMEs who have been introduced by TP. Customers currently purchase their electricity and gas from the targets under the 'Utility Warehouse' brand. 3. Npower Limited (Npower) is a wholly owned subsidiary of RWE AG (RWE). Npower supplies gas, electricity and related services to UK residential and 1 The other shareholders are Opus staff (50 per cent) and GDF SUEZ (30 per cent).
    [Show full text]
  • Accenture • Deloitte & Touche • KPMG • Pwc
    Professional Services: Pharmaceuticals: Financial Services: Consumer Goods: Food & Drink: Accenture Abbott Allianz UK 3M Bacardi Deloitte & Touche AbbVie Arab African International AkzoNobel Britvic KPMG Astra Zeneca Bank Clarks Coca-Cola Enterprises PwC GlaxoSmithKline Aviva/Friends Life General Mills Coca-Cola Hellenic AXA Japan Tobacco Diageo Travel & Hospitality: Industrial & Energy: Barclays JTI SA Heineken First Group AngloGoldAshanti Capital One JTI UK Kellogg's Go Ahead BAE Systems Citi L'Occitane Mondelez Manchester Airport Jaguar Land Rover Deutsche Bank Philip Morris International Media: Group Johnson Matthey HSBC Management S.A. Michelin ING Ricoh UK Aegis Retail: Rolls-Royce Intesa San Paolo BSkyB Utilities & Services: Home Retail Group Siemens Investec Plc Experian Jeronimo-Martins Skanksa IPF (International Anglian Water Liberty Global Europe John Lewis Partnership Wood Group Personal Finance) Centrica Pearson Marks & Spencer Nationwide Deutsche Post DHGL Reed Elsevier Property, Construction, Southern Co-operatives Provident Financial Group Housing & Facilities: Legal: The Boots Group Prudential DP World The Co-operative Group BAM Construct UK Rothschild EDP Freshfields Bruckhaus British Land Santander UK Galp Energia Deringer Technology & Telecoms: Hammerson Schroders National Grid Linklaters Alcatel Lucent Intu Properties plc St James's Place Port of Tyne Olswang ARM ISS UK Standard Chartered Royal Mail Wragge Lawrence BT JLL UK Standard Life ScottishPower Graham & Co LLP Deutsche Telekom AG L&Q Housing Group The Royal Bank of Severn Trent Intel Corporation Land Securities Scotland Group SGN ST Microelectronics Lend Lease UBS Terna Workday Foundation Quintain Estates & UniCredit Thames Water Development PLC Zurich United Utilities Sanctuary Housing Group Shaftesbury The Crown Estate Willmott Dixo .
    [Show full text]
  • Characterisation of South West European Marine Sites
    Marine Biological Association of the United Kingdom Occasional Publication No. 14 Characterisation of the South West European Marine Sites Summary Report W.J. Langston∗1, B.S.Chesman1, G.R.Burt1, S.J. Hawkins1, J.Readman2 and P.Worsfold3 April 2003 A study carried out on behalf of the Environment Agency, Countryside Council for Wales and English Nature by the Plymouth Marine Science Partnership ∗ 1(and address for correspondence): Marine Biological Association, Citadel Hill, Plymouth PL1 2PB (email: [email protected]): 2Plymouth Marine Laboratory, Prospect Place, Plymouth; 3PERC, Plymouth University, Drakes Circus, Plymouth Titles in the current series of Site Characterisations Characterisation of the South West European Marine Sites: The Fal and Helford cSAC. Marine Biological Association of the United Kingdom occasional publication No. 8. pp 160. (April 2003) Characterisation of the South West European Marine Sites: Plymouth Sound and Estuaries cSAC, SPA. Marine Biological Association of the United Kingdom occasional publication No. 9. pp 202. (April 2003) Characterisation of the South West European Marine Sites: The Exe Estuary SPA Marine Biological Association of the United Kingdom occasional publication No. 10. pp 151. (April 2003) Characterisation of the South West European Marine Sites: Chesil and the Fleet cSAC, SPA. Marine Biological Association of the United Kingdom occasional publication No. 11. pp 154. (April 2003) Characterisation of the South West European Marine Sites: Poole Harbour SPA. Marine Biological Association of the United Kingdom occasional publication No. 12. pp 164 (April 2003) Characterisation of the South West European Marine Sites: The Severn Estuary pSAC, SPA. Marine Biological Association of the United Kingdom occasional publication No.13.
    [Show full text]
  • Annual-Report-And-Accounts-2019.Pdf
    Satisfying the changing needs of our customers Enabling the transition to a lower carbon future Annual Report and Accounts 2019 Group Snapshot Centrica plc is a leading international energy services and solutions provider focused on satisfying the changing needs of our customers and enabling the transition to a lower carbon future. The world of energy is changing rapidly and Centrica is now equipped to help customers transition to a lower carbon future, with capabilities and technologies to allow them to reduce their emissions. Therefore, we announced in July 2019 our intention to complete the shift towards the customer, by exiting oil and gas production. The Company’s two customer-facing divisions, Centrica Consumer and Centrica Business, are focused on their strengths of energy supply and its optimisation, and on services and solutions, with a continued strong focus on delivering high levels of customer service. Centrica is well placed to deliver for our customers, our shareholders and for society. We aim to be a good corporate citizen and an employer of choice. Technology is increasingly important in the delivery of energy and services to our customers. We are developing innovative products, offers and solutions, underpinned by investment in technology. We are targeting significant cost efficiency savings by 2022 to position Centrica as the lowest cost provider in its markets, consistent with our chosen brand positioning and propositions. Alongside our distinctive positions and capabilities, this will be a key enabler as we target
    [Show full text]