DOCSLIB.ORG

Sustainability Report 2011

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sustainability Report 2011 Sustainability Report 2011 31 May 2012 Contents Please click on the relevant section in the Contents to jump to your desired location. Sustainability in About Us 04 Telenor Group What is Sustainability at Telenor Group? 06 Message from President & CEO 07 Message from Chairperson of the Board Ethics & Sustainability Committee 08 Governance The Telenor Way 10 Corporate Governance 12 Business Ethics 13 Regulatory Issues 15 Communication Enabling Services 16 Services & Societyty Safe Services 20 Research & Innovation 24 Responsible Climate Change 26 Business Practicee Environment 29 Occupational Health, Safety & Security 32 Supply Chain Sustainability 33 Service Reliability & Quality 36 Data Protection & Privacy 38 Reporting Stakeholder Engagement & Reporting Principles 39 Contact Details 44 click this button to return to the contents page About Us Telenor Group is an international provider of telecom, data and media communication services. Telenor Group has mobile operations in 11 markets in the Nordic region, Central and Eastern Europe and in Asia. The company also has a voting stake of 39.5 per cent (economic stake: 35.7 per cent) in VimpelCom Ltd., operating in 18 markets. Headquartered in Norway, Telenor Group is one of the world’s major mobile operators with 146 million mobile subscriptions in its consolidated operations per Q1 2012, revenues in 2011 of NOK 99 billion, and a workforce of approximately 30,000. Our vision is simple: Telenor exists to help customers get the full benefit of communications services in their daily lives. We’re here to help. Read More For more information about Telenor Group, please visit www.telenor.com Sustainability in Telenor Group 4 Telenor - Sweden Telenor - Pakistan Uninor - India Grameenphone - Telenor’s wholly owned Telenor’s wholly owned Telenor holds a 67.25 per cent Bangladesh subsidiary, Telenor Sweden, subsidiary, Telenor Pakistan, ownership interest in Indian Telenor holds a 55.8 per cent is Sweden’s third largest is the second largest mobile greenfield mobile operator Uninor. ownership interest in operator in Pakistan. The company launched its services mobile operator. Grameenphone, the largest in December 2009. mobile operator in Bangladesh. Grameenphone is listed on the Dhaka Stock Exchange (DSE) Ltd. and the Chittagong Stock Exchange (CSE) Ltd. Telenor - Norway Telenor’s wholly owned Norwegian mobile operation is the country’s leading telecommunications operator. Telenor - Denmark Telenor’s wholly owned subsidiary, Telenor Denmark, is Denmark’s second largest mobile operator. dtac - Thailand dtac is the second largest mobile operator in Thailand and is listed on the Stock Exchange of Thailand and the Singapore Exchange. Telenor - Hungary Telenor - Montenegro Telenor - Serbia DiGi - Malaysia Telenor’s wholly owned Telenor’s wholly owned Telenor’s wholly owned subsidiary, Telenor holds a 49 per cent subsidiary, Telenor Hungary, is subsidiary, Telenor Montenegro, Telenor Serbia, is the country’s ownership interest in DiGi, the third the country’s second largest is the country’s largest second largest mobile operator. largest mobile operator in Malaysia. mobile operator. mobile operator. DiGi is listed on Bursa Malaysia. VimpelCom Ltd. Telenor Group holds a voting stake of 39.5 per cent 5 Sustainability in Telenor Group (economic stake: 35.7 per cent) in VimpelCom Ltd.,operating in 18 markets. What is Sustainability at Telenor Group? For Telenor Group, a sustainable Our business matters. In all our markets we see examples business is one that delivers Telecommunications has significant of how people embrace new and long-term growth and profitability potential to positively impact innovative services to improve their by adding social, environmental as people’s lives, contribute to social lives or their income potential. well as financial value. This means and economic growth, have a Many more rely on our services that we manage risks, embrace beneficial influence on society, and to provide added safety. This is opportunities and build our help shape a sustainable future. why topics such as service reputation – while we continue Our efforts rest on two key strategic reliability and research & innovation to grow shareholder value. pillars: extending the benefits of are included in this report. Further, mobile communications across the topics covered in this report all our markets and integrating are selected through a materiality responsible business practices in assessment based on methodology all aspects of our operations. developed by the Global Reporting Telenor Group’s ambition is Initiative (GRI). You can read more to create shared value for the about this in the chapter on company and for the societies in Stakeholder Engagement which our business units operate. and Reporting Principles. Sustainability in Telenor Group 6 Message from President & CEO I am pleased to present Telenor use of communications that can Group’s Sustainability Report deliver significant reductions in the for 2011. It highlights our efforts greenhouse gas emissions of our and performance on issues of many customers. importance to our business and to our many stakeholders in wider Children’s eagerness to explore society. new technologies knows few limits. Their online lives are enriching and Our pursuit of responsible fascinating to observe. But with the business remains a key priority. boldness come risks. Together with This is an open-ended and lasting experienced partners we engage commitment. As a future-facing with students, teachers and parents company we strive to adapt through our successful school visits and continuously improve our programme, which targets digital performance in accordance with bullying. So far we have visited 250 expectations from the world around Norwegian schools, and talked us and with the ten principles of the to 70,000 students and 12,000 UN Global Compact. parents. We are greatly encouraged by reports showing that there is less Jon Fredrik Baksaas Our industry is an enabler. Right digital bullying today than when we President and CEO, now, rapid growth in mobile started our campaign. data is opening fantastic new Telenor Group opportunities for more people to Over the last years we have taken access and explore a vast universe major steps to improve the health of information and empowerment. and safety of our people, and we Essential services are made continue to target key risk areas. available to underserved population 13 people lost their lives working groups. As an example, many who indirectly for Telenor Group during were previously cut off from basic 2011. The majority of these fatalities banking now enjoy access for the occurred in Pakistan, where the first time. Each month 1.5 million general security situation remains financial transactions are made a challenge. I am deeply saddened through the Easypaisa mobile by this loss. In 2012 we will continue banking service in Pakistan. to work actively to improve security among our suppliers and their In the absence of effective, people. Risks associated with violent internationally binding agreements crime and road accidents will receive related to climate change, the a special focus in this respect. telecom sector is moving ahead with their own initiatives. At Telenor This report contains much more Group, our main climate change detail on a range of issues. focus is to improve the energy It is my hope that it will provide efficiency of our networks and useful insight into how we manage thereby reduce our carbon footprint. key sustainability issues at We also develop solutions for smart Telenor Group. Sustainability in Telenor Group 7 Message from Chairperson of the Board Ethics & Sustainability Committee Liselott Kilaas Deputy Chairperson of the Telenor Group Board of Directors and Chairperson of the Board Ethics and Sustainability Committee In 2011, a new Ethics and Group to develop a portfolio Sustainability Committee of the of initiatives called ‘Enable’. Telenor Board of Directors was These initiatives are all about set up. In this way we continue to applying communications develop the strong commitment technology in innovative ways of the Board to oversee and assess to reach new beneficiaries, with the sustainability of activities a special focus on vulnerable across Telenor Group. The new and underserved groups. Committee has a wider scope than the now discontinued Health, During 2011, Telenor Group field Safety, Security and Environment inspectors made 2,397 inspections Committee. This reflects a growing of suppliers and business partners. recognition that the business These inspections were made to sector plays an increasingly assess the suppliers’ performance important role in building the against commitments they have societies of the future. It is also made to our comprehensive recognition of the fact that we Supplier Conduct Principles. The are witnessing increased interest high number of field inspections in sustainable business among underscores Telenor Group’s Telenor Group stakeholders in commitment to strive to uphold all our markets. basic rights and improve working conditions for the many people Sustainability is also about employed by our suppliers. The maximising Telenor Group’s same level of activity is planned capacity to deliver value for for 2012. the communities in which we operate. Mobile phones and Decent work and respect for human internet connectivity offer rich rights and the environment remain opportunities for improving lives. crucial to Telenor Group’s success as This insight has
Load more

Recommended publications
  • Telenor Hungary Sustainability Report 2014
    1. sustainability report Telenor hungary 2014 Contents 1. CEO STATEMENT 3 6.4 Telenor’s contribution to transparent business 36 11. ENVIRONMENT 58 6.5. Sustainable supply chain 36 11.1. Environmental management 59 2. ABOUT THE REPORT 4 6.6. Human rights due diligence 38 11.2. Energy usage and CO2 emissions 61 2.1 Our reporting system 5 11.3. Radiation 65 2.2 This report 5 7. CUSTOMERS 39 11.4. Collecting used mobile phones 65 2.3 Defining report content 6 7.1 Innovation 40 11.5. Waste management 65 7.2 Responsible marketing 40 11.6. Paper usage 66 3. OUR SUSTAINABILITY PERFORMANCE IN FIGURES 8 7.3 Customer satisfaction 40 11.7. Water consumption 66 Environmental protection 9 7.4. Privacy 42 Economic 15 7.5. Safety 43 12. FOLLOW-UP OF PREVIOUS GOALS Social 17 AND SETTING OF NEW GOALS 67 8. INFOCOMMUNICATIONS TECHNOLOGY 4. COMPANY INFORMATION 24 FOR THE BENEFIT OF THE SOCIETY 44 13. GRI CONTENT INDEX 70 4.1 Telenor Hungary 25 8.1. Safe and responsible internet use by children 45 4.2 Governing bodies 25 8.2. ICT in education 46 ACRONYMS 82 4.3. Our services 26 8.3 Educational events 47 4.4 Our customers 26 8.4 Animal protection 47 INDEPENDENT ASSURANCE LETTER 84 4.5. Economic performance 27 8.5 Supporting NGO activities 47 4.6. Membership in organisations 29 8.6 Disaster protection 48 IMPRINT 85 8.7 Supporting law enforcement 48 5. OUR STRATEGY 30 5.1. Corporate strategy 31 9. COMMUNITY ENGAGEMENT 49 5.2.
    [Show full text]
  • Easypaisa and Grameenphone Win Global Mobile Awards
    Easypaisa and Grameenphone win Global Mobile Awards Yesterday, at the Mobile World Congress in Barcelona Telenor Pakistan’s Easypaisa was awarded two Global Mobile Awards. Telenor's Bangladeshi operation, Grameenphone was also a winner! On Tuesday 25 February, the GSM Association announced the winners of the 19th Annual Global Mobile awards. “The Global Mobile Awards once again showcase the outstanding level of innovation and creative products and services being developed across a diverse and growing industry,” said John Hoffman, CEO, GSMA Ltd. in a press release. “With more than 680 high calibre entries this year, the competition was stronger than ever and it is a significant achievement to have been honoured today.” Easypaisa wins Best Mobile Money and Best Service for Women Awards Easypaisa, the first and largest branchless banking service in Pakistan, owned by Telenor Pakistan and Tameer Bank was announced winner in the following two categories: Best Mobile Money Service and Best Mobile Service for Women in Emerging Markets. “This is a great recognition of the efforts Easypaisa has made in providing financial inclusion to the unbanked population of Pakistan. We have innovative products and strong distribution channels in combination with a high performing team. Our approach has been very focused on addressing customer’s key needs and also entering into close partnerships with organisations like Benazir Income Support Program. Last night’s awards give encouragement and motivation for continuous efforts to improve people’s lives in Pakistan,” said Roar Bjærum, Head of Financial Services Asia who received the award. Today Easypaisa serves over six million customers every month through a wide network of 35,000 agents in 750 cities across Pakistan.
    [Show full text]
  • Telenor Pakistan and Careem Announce Partnership
    Telenor Pakistan and Careem announce partnership Telenor Pakistan customers will have access to Wi-Fi equipped rides in addition to discounted rates. Telenor Pakistan has joined forces with Careem to provide discounted rides to Telenor customers. Careem is the premium transportation network company in Pakistan, connecting captains (drivers) to customers via its software platform. Under the agreement, Careem will provide 35% discount to Telenor customers on their first ride. In addition, all customers will be able to enjoy free WiFi service during their ride. As part of the deal, captains will also enjoy special data packages from Telenor Pakistan. Careem’s digital transportation network operates in three major metropolises of Pakistan, including Karachi, Lahore and Islamabad, in addition to 24 cities across the UAE and the Kingdom of Saudi Arabia. Careem is preferred by commuters for its convenient access via mobile app and online portal, superior quality rides and competitive rates. Michael Foley, CEO Telenor Pakistan, said, “We are pleased to enter into this partnership with Careem as it is in line with Telenor’s commitment to deliver the best possible services to our customers. With Careem, Telenor subscribers will not only enjoy cheaper and more comfortable rides, but also WIFI connectivity on the go. We will continue to look for newer avenues of serving our valued customers.” Junaid Iqbal, Managing Director Careem, said, “We are delighted to have struck this crucial deal with Telenor Pakistan which is the biggest proponent to digital enablement in the country. The agreement will not only help facilitate our mutual customers but go on to explore new prospects of making our businesses more accommodating and preferable to our customers.
    [Show full text]
  • Shaping Our Financial Future Socio-Economic Impact of Mobile Financial Services
    Shaping our financial future Socio-economic impact of mobile financial services 1 Growth comes from truly understanding the needs of people, to drive relevant change 2 Foreword It is my pleasure to introduce you to our most recent study on the socio-economic impact of mobile financial services, conducted with the help of Boston Consulting Group (BCG). Through our research, we looked at what mobile financial services will mean to the world in the year 2020. We specifically delved into five countries: Pakistan, Malaysia, Bangladesh, India and Serbia, all markets in which Telenor Group has mobile operations. Without giving away too much of what lies ahead, I can firmly say that mobile financial services will have a significant impact on the economic and societal growth of the countries studied. By bringing banking services and financial products to people who are entirely unbanked at present, they now have the chance to strengthen their development and prosper. The mobile phone is the key to simpler money transfers, readily accessible savings accounts, new methods of bill payment and even insurance products to protect against unforeseen events. This is the first comprehensive study to truly identify the impact of mobile financial services over the next decade. It helps us understand how the introduction of these services can create more jobs in Pakistan, bring insurance to more people in India and increase Serbia’s GDP. While the results of our study are not absolute, they give an indication of what is possible with the appropriate regulatory framework and governmental support. As a global telecommunications operator, we have a unique role to play in the development and expansion of mobile financial services.
    [Show full text]
  • Annual Report 2018
    ANNUAL REPORT 2018 ANNUAL REPORT Grameenphone Ltd. GPHouse Bashundhara, Baridhara, Dhaka-1229, Bangladesh Tel: +880-2-9882990, +88 01799882990 Fax: +880-2-9882970 Website: www.grameenphone.com EXPLORE Grameenphone wants to contribute to meet climate challenges and aims to reduce the consumption of resources and overall impact on the environment. In an effort to minimize paper consumption, we limit the MORE scope of the printed annual report within regulatory requirement. Grameenphone’s website provides extensive information about the Company and its current activities: www.grameenphone.com ANNUAL REPORT 2018 We live in a world where pocket-sized devices have become the gateway for limitless exploration and unbound resources, something previously unimaginable. Now knowledge, wisdom and opportunities are just a few clicks away, heralding a new horizon of technological empowerment. At Grameenphone, we help overcome boundaries through digitalisation. Our products’ platforms serve as a catalyst to realising dreams. We believe in continuous innovation and ensuring the best customer experience in everything we do. Welcome to our Annual Report 2018 This report aims to inform stakeholders about our financial and non-financial performances in 2018. This includes a look at how we create value over time and how our strategy addresses the challenges, risks and opportunities Grameenphone faces in a fast-changing world. WHAT’S INSIDE 01 Overview 02 Business Performance An introduction to our report with a snapshot of our An insight into our operation
    [Show full text]
  • Vimpelcom Ltd
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F Registration Statement Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 OR ⌧ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2012 OR Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 OR Shell Company Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 1-34694 VIMPELCOM LTD. (Exact name of registrant as specified in its charter) Bermuda (Jurisdiction of incorporation or organization) Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands (Address of principal executive offices) Jeffrey D. McGhie Group General Counsel & Chief Corporate Affairs Officer Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands Tel: +31 20 797 7200 Fax: +31 20 797 7201 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered American Depositary Shares, or ADSs, each representing one common share New York Stock Exchange Common shares, US$ 0.001 nominal value New York Stock Exchange* * Listed, not for trading or quotation purposes, but only in connection with the registration of ADSs pursuant to the requirements of the Securities and Exchange Commission. Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 1,628,199,135 common shares, US$ 0.001 nominal value.
    [Show full text]
  • Telenor Pakistan
    Security v Access: The Impact of Mobile Network Shutdowns Case Study: Telenor Pakistan Case Study Number 3 SEPTEMBER 2015 Case Study Number 3 SEPTEMBER 2015 Security v Access: The Impact of Mobile Network Shutdowns Case Study: Telenor Pakistan About IHRB The Institute for Human Rights and Business (IHRB) is a global centre of excellence and expertise (a think & do tank) on the relationship between business and internationally proclaimed human rights standards. We work to shape policy, advance practice and strengthen accountability to ensure the activities of companies do not contribute to human rights abuses, and in fact lead to positive outcomes. IHRB prioritises its work through time-bound programmes that can have the greatest impact, leverage and catalytic effect focusing on countries in economic and political transition, as well as business sectors that underpin others in relation to the flows of information, finance, workers and commodities. www.ihrb.org About Digital Dangers “Digital Dangers: Identifying and Mitigating Threats in the Digital Realm” is a project developed by IHRB in collaboration with the School of Law at the University of Washington in Seattle. The project builds on IHRB’s involvement in the European Commission ICT Sector Guide on Implementing the UN Guiding Principles on Business and Human Rights1. Digital Dangers identifies a number of areas including security, safety, free assembly, free expression and privacy where ICT companies and other actors would benefit from in-depth human rights analysis and policy oriented recommendations. One of the aims of the Digital Dangers project is to encourage companies to be open and transparent about the complex dilemmas they face in respecting freedom of expression and privacy by sharing their experiences to spark debate with governments and civil society and bring about positive change.
    [Show full text]
  • Tourist World Sim EN 640517
    SIM Card User Guide for Happy Tourist World SIM *This SIM card is sold outside China. Happy Tourist World SIM COVERAGE IN FREE TOLL-FREE 38 COUNTRIES 10-DAY DATA CALL CENTER GB 24hours 3coun8tries 4 Data SIM card with Free 10-day unlimited data Toll-free call center coverage in 38 countries with 4 GB at max speed (24 hours) while abroad at +66-2-202-8100 SIM Card User Guide 1 2 3 4 SMS Insert SIM card Mobile phone is automatically Refer to SMS for Ready, let’s GO! into phone connected to usage instruction *SIM card only activates in operator’s network participated countries Country Operator Operator Name Displayed on Screen Bangladesh Grameerphone BGDGP / Grameenphone Asia Cambodia CamGSM Cellcard / MobiTel / KHM-MobiTel / 456-01 Metfone metfone / KHM08 / 456 08 China China Mobile CMCC / China Mobile HongKong Smar Tone SmarTone HK / SMC HK India IDEA IDEA / INA 04 / 404 04 Vodafone Vodafone IN / 404 05 / INA 05 Airtel airtel Indonesia XL Axiata XL / 51011 Israel Cellcom IL Cellcom /425 02 / IL 02 Laos Lao Telecom LAO GSM / 457 01 Unitel Unitel / LATMOBIL / 45703 Macau SmarTone MAC SmarTone MAC / SMC MAC MalaysiaLaos Digi DiGi / DiGi 1800 / MYMT18 Celcom Celcom / MY Celcom / 502 19 Myanmar Telenor Telenor / 414 06 / TM 2G / TM 3G Pakistan Telenor Telenor PK / 410 06 Philippines Globe GLOBE / PH GLOBE / 515 02 SMART Smart Gold / SMART / 515 03 Qatar Ooredoo Ooredoo / Qtel / 427 01 Singapore SingTel Singtel / Singtel-G9 StarHub STARHUB / SGP05 / 525-05 South Korea KT (Olleh) olleh / KT / 450 08 SK Telecom 450 05 / SK Telecom / KOR SK Telecom
    [Show full text]
  • Tameer Bank's Experiences with Mobile Banking
    CHAPTER 11 Tameer Bank’s Experiences with Mobile Banking Shahid Mustafa1 Although Pakistan has several dynamic metropolitan centers, the majority of the population lives in rural areas, much of it far away from urban settlements. The rural population, predominantly poor, is widely unserved by the formal financial sector. This article explores how Tameer Bank aims to serve the rural poor by em- ploying modern communication technologies: The mobile phone is the corner- stone of Tameer Bank’s approach to outreach into the countryside. 1 Access to Finance: The Case of Pakistan The population of Pakistan is about 175 million, making it the sixth most popu- lous country in the world. The rural population is almost 64 percent of the total population. However, historically, the rural sector has suffered from policy neglect and the weak implementation of delivery systems for financial services. The services provided have been inadequate, inconvenient, and unaffordable. In relative terms, most attention has been paid to the provision of agricultural credit and the mobilization of deposits from wealthy people in rural areas. The provision of insurance, credit for non-farm purposes and for the landless and small farmers, and the mobilization of savings of the poor and the poorest in rural areas have not received much attention from policymakers. The lack of appropriate saving products, the almost total absence of insurance, limited access to credit for the poor and rural, non-farm activities, and an inefficient payments system has de- prived rural people of productive employment, as well as high and broadband growth. As a consequence, the rural economy is mired in a vicious circle of low growth, low productivity, low savings, weak employment generation, and rising poverty.2 1 Tameer Bank.
    [Show full text]
  • Ready for Upload GCD Wls Networks
    LTE‐ Region Country Operator LTE 5G Advanced Eastern Europe 93 60 18 Albania Total 320 Albania ALBtelecom 100 ONE Telecommunications (formerly Albania Telekom Albania) 110 Albania Vodafone Albania 110 Armenia Total 330 Armenia MTS Armenia (Viva‐MTS) 110 Armenia Ucom 110 Armenia VEON Armenia (Beeline) 110 Azerbaijan Total 430 Azerbaijan Azercell 100 Azerbaijan Azerfon (Nar) 110 Azerbaijan Bakcell 110 Azerbaijan Naxtel (Nakhchivan) 110 Belarus Total 431 Belarus A1 Belarus 101 Belarus Belarusian Cloud Technologies (beCloud) 110 Belarusian Telecommunications Network Belarus (BeST, life:)) 110 Belarus MTS Belarus 110 Bosnia‐Herzegovina Total 310 Bosnia‐Herzegovina BH Telecom 110 Bosnia‐Herzegovina HT Mostar (HT Eronet) 100 Bosnia‐Herzegovina Telekom Srpske (m:tel) 100 Bulgaria Total 530 Bulgaria A1 Bulgaria (Mobiltel) 110 Bulgaria Bulsatcom 100 Bulgaria T.com (Bulgaria) 100 Bulgaria Telenor Bulgaria 110 Bulgaria Vivacom (BTC) 110 Croatia Total 331 Croatia A1 Hrvatska (formerly VIPnet/B.net) 110 Croatia Hrvatski Telekom (HT) 111 Croatia Tele2 Croatia 110 Czech Republic Total 433 Czech Republic Nordic Telecom 100 Czech Republic O2 Czech Republic (incl. CETIN) 111 Czech Republic T‐Mobile Czech Republic 111 Czech Republic Vodafone Czech Republic 111 Estonia Total 331 Estonia Elisa Eesti (incl. Starman) 110 Estonia Tele2 Eesti 110 Telia Eesti (formerly Eesti Telekom, EMT, Estonia Elion) 111 Georgia Total 630 Georgia A‐Mobile (Abkhazia) 100 Georgia Aquafon GSM (Abkhazia) 110 Georgia MagtiCom 110 Georgia Ostelecom (MegaFon) (South Ossetia) 100 Georgia
    [Show full text]
  • Annual Report 2018
    PPF Group Annual Report 2018 Annual Report 2018 4 PPF Group Annual Report 2018 Contents 5 6 Foreword 12 PPF Group 13 Group Profile 16 Shareholders 17 Description of the Company PPF Group N.V. 17 Selected Financial Highlights of PPF Group 20 Governing Bodies 26 PPF Group Major Assets 34 Selected PPF Group Companies 35 PPF Financial Holdings 38 Home Credit 39 Air Bank 42 PPF banka 43 ClearBank 46 Škoda Transportation 50 PPF Arena 1 52 CETIN 53 O2 Czech Republic 54 Telenor CEE 54 PPF Real Estate Holding 56 PPF Life Insurance 57 SOTIO 62 Mall Group 62 Heureka 63 O2 arena 63 Culture Trip 64 Significant Events at PPF Group 74 Corporate Social Responsibility and the Support of Culture 80 PPF Group History 84 Financial Section 211 Contacts 6 PPF Group Annual Report 2018 Foreword Dear Friends, efficiently, and to adhere to Western business standards. I am not fond of media posturing; we at PPF do not show 2018 was another successful year for PPF Group. Assets off who we are or what we have achieved. But that does under management broke through EUR 45 billion and not mean that we are indifferent to where and how we live, PPF Group’s total profit came to EUR 815 million. Of course, or to the world our children will be inhabiting. Since PPF it gives me great pleasure that, together with my fellow was founded, we have donated tens and subsequently workers, we were able to achieve this over the twenty-eight hundreds of millions of crowns to charity, the support years of PPF’s existence.
    [Show full text]
  • Opera Mini Opera Mobile Shipments Pre-Installed in 4Q08: 7.3 Million
    Opera Software Fourth quarter 2008 A note from our lawyers 2 This presentation contains and is, i.a., based on forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements . Forward-looking statements may in some cases be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “pp,gpgyotential” or “continue”, the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially, and a number of factors may cause our actual results to differ materially from any such statement. Although we believe that the expectations and assumptions reflected in the statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievement. Opera Software ASA makes no representation or warranty (express or implied) as to the correctness or completeness of the presentation, and neither Opera Software ASA nor any of its direc tors or emp loyees assumes any lia bility resu lting from use. Excep t as requ ire d by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations. You are advised, however, to consult any further public disclosures made by us, su ch as filings made w ith the OSE or press releases .
    [Show full text]