Annual Report and Accounts 2006/7
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Annual Report and Accounts 2006/7 This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts essential to everyone, every day’ and outlined our strategic direction in ‘Shaping our Future’ which accompanies the updated Corporate Plan 2007–2011. Both documents ensure that everything we do takes us a step closer to our vision and build on the momentum and commitments of the previous Corporate Plan 2005–2010. This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts essential to everyone, every day’ and outlined our strategic direction in ‘Shaping our Future’ which accompanies the updated Corporate Plan 2007–2011. Both documents ensure that everything we do takes us a step closer to our vision and build on the momentum and commitments of the previous Corporate Plan 2005–2010. This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts essential to everyone, every day’ and outlined our strategic direction in ‘Shaping our Future’ which accompanies the updated Corporate Plan 2007–2011. Both documents ensure that everything we do takes us a step closer to our vision and build on the momentum and commitments of the previous Corporate Plan 2005–2010. This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts essential to everyone, every day’ and outlined our strategic direction in ‘Shaping our Future’ which accompanies the updated Corporate Plan 2007–2011. Both documents ensure that everything we do takes us a step closer to our vision and build on the momentum and commitments of the previous Corporate Plan 2005–2010. This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts essential to everyone, every day’ and outlined our strategic direction in ‘Shaping our Future’ which accompanies the updated Corporate Plan 2007–2011. Both documents ensure that everything we do takes us a step closer to our vision and build on the momentum and commitments of the previous Corporate Plan 2005–2010. This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts essential to everyone, every day’ and outlined our strategic direction in ‘Shaping our Future’ which accompanies the updated Corporate Plan 2007–2011. Both documents ensure that everything we do takes us a step closer to our vision and build on the momentum and commitments of the previous Corporate Plan 2005–2010. This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts essential to everyone, every day’ and outlined our strategic direction in ‘Shaping our Future’ which accompanies the updated Corporate Plan 2007–2011. Both documents ensure that everything we do takes us a step closer to our vision and build on the momentum and commitments of the previous Corporate Plan 2005–2010. This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts essential to everyone, every day’ and outlined our strategic direction in ‘Shaping our Future’ which accompanies the updated Corporate Plan 2007–2011. Both documents ensure that everything we do takes us a step closer to our vision and build on the momentum and commitments of the previous Corporate Plan 2005–2010. This has been another very successful year at the Met Office, building on the momentum of our achievements in 2005/6 and meeting all of our Key Performance Targets (KPTs) for the second year running in 2006/7. For the second year running, we have met all of our Key Performance Targets (KPTs) – a significant achievement. The KPTs measure the accuracy of our forecasts, our Commercial Business profitability, Return on Capital Employed and the support we provide to Government. This has been an important year for clarifying the vision and strategic direction of the Met Office. In the past twelve months we have published our vision, ‘making our forecasts Met Office – An Executive Agency of the Ministry of Defence Annual Report and Accounts 2006/7 Presented to Parliament pursuant to section 4(6) of the Government Trading Funds Act 1973 as amended by the Government Trading Act 1990 These accounts have been prepared following the direction given by HM Treasury on 18 December 2006 in line with section 4(6)(a) of the Government Trading Funds Act 1973 Ordered by the House of Commons to be printed on 29 June 2007 HC723 London: The Stationery Office £18.00 © Crown Copyright 2007 The text in this document (excluding any Royal Arms and departmental logos) may be reproduced free of charge in any format or medium providing that it is reproduced accurately and not used in a misleading context. The material must be acknowledged as Crown copyright and the title of the document specified. Any queries relating to the copyright in this document should be addressed to The Licensing Division, HMSO, St Clements House, 2-16 Colegate, Norwich, NR3 1BQ. Fax: 01603 723000 or e-mail: [email protected]. 01 Annual Report and Accounts 2006/7 Contents Directors’ report