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INTRODUCTION Daily Mail and General Trust plc Daily Mail and General Trust plc Northcliffe House, 2 Derry Street, London W8 5TT Annual Report and Accounts 1st October, 2006 T +44 (0)20 7938 6000 F +44 (0)20 7938 4626 W dmgt.co.uk Daily Mail and General Trust plc plc Trust MailandGeneral Daily DMGT.CO.UK YOU HAVE ACCESS TO MORE INFORMATION ON OUR WEBSITE: WITH SEVEN OF OUR BUSINESSES INVOLVED IN DMGT’S CORPORATE WEBSITE HAS ACHIEVED AN ‘AAA’ THE AFTERMATH OF A HURRICANE IN SOME WAY, ACCESSIBILITY RATING IN INDEPENDENT TESTS, THE HIGHEST LEVEL ACHIEVABLE. IT IS INDEPENDENTLY REGARDED AS ONE DMGT IS CREATING A HUGE IMPACT IN SOME OF THE BEST-PROGRAMMED SITES IN THE FTSE 350 INDEX. SURPRISING PLACES.* Annual Report and Accounts 1st October, 2006 October, 1st Annual ReportandAccounts YES WE DO NEWS, BUT THAT’S NOT SURPRISING. WHAT MIGHT BE SURPRISING IS THE BREADTH AND DIVERSITY OF OUR BUSINESS PORTFOLIO AND JUST HOW WELL THIS IS BALANCING OUR DMGT.CO.UK TRADITIONAL NEWSPAPER BUSINESS. ABOUT DMGT INVESTOR RELATIONS CORPORATE dmgt.co.uk/aboutdmgt dmgt.co.uk/investorrelations RESPONSIBILITY dmgt.co.uk/corporateresponsibility DMGT Background Financial Announcements DMGT Fact File Financial Calendar The Community *THE SEVEN COMPANIES INVOLVED IN THE AFTERMATH OF A HURRICANE ARE ... Share Information The Environment DAILY MAIL (REPORTING), DMG WORLD MEDIA (NEW ORLEANS HOME SHOW), DMG RADIO Analyst Consensus Our Employees (BROADCAST REPORTING), RMS (RISK MODELLING AND EVENT ANALYSIS FOR INSURANCE CORPORATE STRUCTURE Reports and Presentations Our Readers Board of Directors dmgt.co.uk/corporatestructure Financial Markets CLIENTS), EDR (ENVIRONMENTAL REPORTS), DOLPHIN (PROVISION OF HAZARDOUS Shareholder Services For Schools CHEMICAL DATABASES TO THE RED CROSS), TREPP (ANALYSIS OF IMPACT ON COMMERCIAL Associated Newspapers Financial Analysis Northcliffe Newspapers Group Contacts for Investors PROPERTY BACKED BONDS). DMG Information MEDIA CENTRE Euromoney dmgt.co.uk/mediacentre dmg world media CORPORATE GOVERNANCE CONTENTS DMG Radio dmgt.co.uk/corporategovernance News Releases Image Library 01 A transformed business 32 DMGT and Corporate Responsibility 80 Notes to the consolidated Board Remit DMGT Factfile 02 Financial highlights 35 Board of Directors and Secretary cash flow statement Committee Remits 03 Chairman’s Statement 36 Directors’ Report 83 Notes to the consolidated balance sheet DMGT Memorandum and Articles 04 Surprising news 38 Corporate Governance 119 Summary of effects on profit for 41 Remuneration Report FEEDBACK the year and shareholders’ funds BUSINESS REVIEW dmgt.co.uk/contact of differences between UK GAAP 10 Chief Executive’s Review FINANCIAL STATEMENTS and IFRS 16 Associated Newspapers 55 Report of the independent auditors 121 Principal subsidiaries 20 Northcliffe Newspapers 56 Consolidated income statement 125 Five year financial summary 23 DMG Information 57 Consolidated statement of 127 Independent auditors’ report 25 Euromoney Institutional Investor recognised income and expense to the members of Daily Mail 26 DMG World Media 57 Reconciliation of movements in equity and General Trust plc 128 27 DMG Radio 58 Consolidated balance sheet Company balance sheet 59 Consolidated cash flow statement 129 Notes to the Company balance sheet – UK GAAP 28 Financial and Treasury Review 60 Notes to the consolidated income statement 137 Shareholder information dmgt.co.uk is designed by DMG Front of Mind Ltd. OUR BROAD AND DIVERSE RANGE OF MEDIA BUSINESSES MAKE US A STRONGER GROUP. DIVISIONAL ASSOCIATED NORTHCLIFFE DMG EUROMONEY DMG WORLD DMG RADIO DIVISIONAL ACTIVITIES NEWSPAPERS NEWSPAPERS INFORMATION INSTITUTIONAL MEDIA ACTIVITIES INVESTOR PAGE 16 PAGE 20 PAGE 23 PAGE 25 PAGE 26 PAGE 27 PERCENTAGE OF 43% 22% 16% 10% 7% 2% PERCENTAGE OF REVENUE £931m £479m £345m £221m £163m £37m REVENUE OVERVIEW Associated Newspapers is a major Northcliffe Newspapers is one of the DMG Information is the Group’s Euromoney is a leading international DMG world media is a leading DMG Radio Australia holds ten OVERVIEW national newspaper publisher which largest regional publishing groups in information publishing division, business-to-business media group, international exhibition and publishing radio licences, including the is also responsible for Teletext and the UK. Operating from 17 publishing providing business-to-business focused primarily on the international company that produces more than national Nova FM network of stations for Associated Northcliffe Digital. centres, Northcliffe publishes over 100 information to the property, finance sector. It publishes more 300 trade exhibitions, consumer shows in Sydney, Melbourne, Brisbane, publications in the UK including 18 daily insurance, financial, geo-spatial, than 100 magazines, newsletters and fairs. The company also publishes Adelaide and Perth and the Vega FM Teletext provides commercial teletext titles, 29 paid-for weeklies and over 60 chemical information and energy and journals. 45 related magazines, directories and stations in Sydney and Melbourne. services on all the ITV channels, free weekly newspapers. trading markets. It also provides market reports. Channel 4 and analogue five and graduate and educational It also runs an extensive portfolio of operates Teletextholidays.co.uk, The portfolio has a weekly combined recruitment information conferences, seminars and training DMG world media’s operation a leading travel website. circulation of over eight million copies. and services. courses and is a leading provider includes more than 30 offices across Furthermore, Northcliffe’s network of electronic information and data the United States, Canada, the United Associated Northcliffe Digital reaches of 30 local thisis websites attracted The US accounts for the majority covering international finance and Kingdom, France, the United Arab an estimated 25% of all UK internet 2.1 million unique users with 32.1 of revenues with the UK, France, emerging markets. On 5th October, Emirates, China, Australia and New users in the automotive, jobs, property, million page impressions in September Germany, Japan, India and 2006, Euromoney completed the Zealand, and additional exhibitions dating and personal finance online 2006. Other commercial activities Australia representing the other acquisition of Metal Bulletin plc in countries such as Switzerland, advertising markets. include news retailing as well as significant geographic markets. for £230 million, its largest acquisition Germany, Poland, Morocco, Egypt, international publishing interests in to date. India, Japan, Malaysia, Singapore, Hungary, Slovakia, Bulgaria, Romania Indonesia, Brazil and Venezuela. and France. EMPLOYEES AT 3,835 6,350 UK 5,549 Overseas 801 2,620 1,801 813 530 EMPLOYEES AT YEAR END YEAR END PRINCIPAL BRANDS • Daily Mail • Primelocation • Evening Post (Bristol) • Risk Management Solutions • Euromoney • Daily Mail Ideal Home Show (UK) • Nova 969 (Sydney) PRINCIPAL BRANDS • The Mail on • Simply Switch • Derby Evening Telegraph • Environmental Data Resources • Institutional Investor • Index and Big 5 (Dubai) • Nova 100 (Melbourne) Sunday • This is London • Essex Chronicle • Landmark Information Group • ISI Emerging Markets • Global Petroleum Show (Canada) • Nova 1069 (Brisbane) • Evening Standard • This is Money • Hull Daily Mail • Property Portfolio & Research • Petroleum Economist • California Gift Show (US) • Nova 919 (Adelaide) • Metro • Leicester Mercury • Trepp • Euroweek • Surf Expo (US) • Nova 937 (Perth – Joint venture) • London Lite • Nottingham Evening Post • Lewtan Technologies • Asiamoney • Palm Beach Classic (US) • Vega 953 (Sydney) • Loot • The Sentinel (Stoke-on-Trent) • Sanborn • Latin Finance • Gastech (Abu Dhabi 2006) • Vega 915 (Melbourne) • Teletext • South Wales Evening Post • Genscape • Metal Bulletin • Ad:tech (US, UK, Asia) • Five AA (Adelaide) • Allegran • West Briton (Cornwall) • Hobsons • BCA • Brisbane 97.3 (Joint venture) • Carsource • Western Gazette (Somerset) • Dolphin • Star 1045 (Central Coast) • Find a Property • Kisalfold (Gyor, Hungary) • Jobsite HEAD OFFICE Northcliffe House Northcliffe House 3 Stamford Landing Nestor House Suite 255 Level 5 HEAD OFFICE 2 Derry Street 2 Derry Street Suite 400, 46 Southfield Avenue Playhouse Yard 1100 Larkspur Landing Circle 75 Hindmarsh Square London W8 5TT London W8 5TT Stamford, Connecticut London EC4V 5EX Larkspur Adelaide SA 5000 England England CT 06902, USA England California 94939, USA Australia Tel 020 7938 6000 Tel 020 7938 6000 Tel 001 203 973 2940 Tel 020 7779 8888 Tel 001 415 464 8500 Tel 00 618 8419 5000 King and Nikki English by Paul Printing Photography Colour by Fulmar Printed by salterbaxter Designed and produced A TRANSFORMED BUSINESS 01 THE GROUP’S BUSINESSES, OTHER THAN ITS PRINT NEWSPAPER TITLES, NOW MAKE UP AROUND 47% OF THE GROUP’S OPERATING PROFIT.* PRINT NEWSPAPER TITLES OTHER BUSINESSES OPERATING PROFIT* 2006 £300m 47% £140m OPERATING PROFIT* 1996 £95m 13% £12m 87% £83m 53% £160m 25% SIX 78% THE PERCENTAGE DMGT CONSISTS OF RMS MODELS USED OF UK INTERNET SIX DIFFERENT, BY TWENTY FOUR OF USERS REACHED THRIVING DIVISIONS LLOYDS OF LONDON’S BY ASSOCIATED MANAGING AGENTS – NORTHCLIFFE ALMOST 78% OF DIGITAL’S WEBSITES THE TOTAL LLOYDS MARKET CAPACITY * Adjusted operating profit (before exceptional items and amortisation and impairment of intangible assets). Daily Mail and General Trust plc HIGHLIGHTS 02 FINANCIAL HIGHLIGHTS DMGT WORLDWIDE DMGT EMPLOYS AROUND 16,000 PEOPLE ALL OVER THE WORLD REVENUE ADJUSTED PROFIT BEFORE TAX* UK & EUROPE
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  • Annual Report 2001–2002 Australian Film Television and Radio School Annual Report 2001– 2002

    Annual Report 2001–2002 Australian Film Television and Radio School Annual Report 2001– 2002

    AUSTRALIAN FILM TELEVISION AND RADIO SCHOOL ANNUAL REPORT 2001–2002 AUSTRALIAN FILM TELEVISION AND RADIO SCHOOL ANNUAL REPORT 2001– 2002 A Commonwealth Government Initiative Australian Film Television and Radio School Cnr Epping and Balaclava Roads North Ryde NSW 2113 PO Box 126, North Ryde NSW 1670 Tel +61 (0)2 9805 6611 Fax +61 (0)2 9887 1030 [email protected] http://www.aftrs.edu.au http://www.aftrs.edu.au/school/reports.html State Offices and Representatives Queensland Judith Wright Centre of Contemporary Arts Level 2, Cnr Brunswick and Berwick Streets PO Box 1480 Fortitude Valley Qld 4006 Tel +61 (0)7 3257 7646 Fax +61 (0)7 3257 7641 [email protected] Contact: Alex Daw South Australia 3 Butler Drive Hendon SA 5014 Tel +61 (0)8 8244 0357 Fax +61 (0)8 8244 5608 [email protected] Contact: Ann Walton Tasmania 5 Trumpeter Street Battery Point Tas. 7004 Tel + 61 (0)3 6223 8703 Fax + 61 (0)3 6224 6143 [email protected] Contact: Craig Kirkwood Victoria 1st Floor, 144 Moray Street © Commonwealth of Australia 2002 PO Box 1008, South Melbourne Vic. 3205 Tel + 61 (0)3 9690 7111 ISSN 0819-2316 Fax +61 (0)3 9690 1283 [email protected] This work is copyright.Apart from any use as permitted Contact: Simon Britton under the Copyright Act 1968, no part may be reproduced by any process without earlier written Western Australia 92 Adelaide Street, Fremantle WA 6160 permission from the Commonwealth available from Tel +61 (0)8 9431 6700 AusInfo. Requests and enquiries about reproduction Fax +61 (0)8 9335 1283 and rights should be addressed to the Manager, [email protected] Legislative Services, AusInfo, GPO Box 1920, Canberra Contact:Tom Lubin ACT 2601.