Comfortdelgro Corporation Limited Annual Report 2008
ComfortDelGro Corporation Limited Annual Report 2008 Driven Our Vision To be the undisputed global leader in land transport. Contents 1 Our Mission 2 Key Messages 6 Global Footprint 8 Chairman’s Statement 12 Group Financial Highlights 14 Board of Directors 18 Key Management 24 Green Statement 26 Operations Review 47 Corporate Governance 53 Directories 57 Financial Statements 57 Report of the Directors 63 Independent Auditors’ Report 64 Balance Sheets 66 Consolidated Profi t and Loss Statement 67 Consolidated Statement of Changes in Equity 68 Consolidated Cash Flow Statement 70 Notes to the Financial Statements 138 Statement of Directors 139 Share Price Movement Chart 140 Shareholding Statistics 141 Notice of Annual General Meeting Proxy Form Corporate Information Globally we are No.2 with a presence in 7 countries, 26 cities, and a total fl eet of 45,000 vehicles. 33,600 taxis 7, 8 0 0 buses 41 km of rail track Our Mission To be the world’s number one land transport operator in terms of fl eet size, profi tability and growth. Five-Year Compound Annual Growth Rate (CAGR) +8.9% +8.4% Group Turnover Net Profi t was S$3.1 billion in 2008, was S$200.1 million in 2008, up from S$2.0 billion in 2003 up from S$133.9 million in 2003 +13.1% +1.7% Overseas Turnover EBITDA* was S$1.3 billion in 2008, was S$541.7 million in 2008, up from S$706.2 million in 2003 up from S$498.9 million in 2003 +5.8% +3.8% Group Operating Profi t Net Asset Value Per was S$278.0 million in 2008, Ordinary Share up from S$209.6 million in 2003 was 74.7 cents in 2008, up from 62.0 cents in 2003 +24.1% +18.5% Overseas Operating Profi t Total Shareholder was S$129.8 million in 2008, Return up from S$44.1 million in 2003 * Refers to earnings before interest, taxation, depreciation and amortisation 1 ComfortDelGro Corporation Limited Annual Report 2008 Our Mission We aim to be No.1 Nothing is impossible.
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