Annual Report 2020
Annual Report 2020 Servcorp's Aim TheProduct To be the world’s finest Workspace Solutions provider; providing IT and commercial services second to none; giving our clients a commercial advantage; paying our people reasonable wages; and giving our shareholders an acceptable return on the funds they invest. CONTENTS 2020 in Review 02 Community Service 20 Global Locations 04 Our Directors and Executives 23 Chairman’s Message 06 Corporate Governance 25 CEO’s Message 08 Directors’ Report 30 Our Work Place 10 Remuneration Report 40 Servcorp’s Community 12 Financial Report 53 Information & Communication Technology 14 Auditor’s Report 100 Global Communications Network 16 Shareholder Information 105 Our Environmental Commitment 18 Corporate Information 107 Servcorp Limited ACN 089 222 506 SERVCORP \ ANNUAL REPORT 2020 COVID AWARE \ SERVCORP.COM.AU 01 Year inReview FREE CASH RESULTS SUMMARY NET PROFIT BEFORE TAX $MILLIONS 12 MONTHS ENDED 30 JUNE REVENUE $MILLIONS $MILLIONS 2016 2017 2018 2019 2020 $’000 $’000 $’000 $’000 $’000 80 $72.9 Revenue & other income 328,601 329,565 312,539 337,422 352,872 60 $66.1 $66.0 $64.0 400 70 $62.2 Net profit before tax - statutory 48,840 48,193 32,051 12,511 15,611 $352.9 $48.8 $48.2 $337.4 50 Net profit before tax - underlying nc nc 37,851 32,037 37,580 $329.6 60 350 $328.6 $312.5 $41.2 $37.9 $37.5 Net profit after tax - statutory 39,722 40,711 10,062 5,380 6,934 50 300 40 $32.0 $34.3 Net profit after tax - underlying nc nc 28,862 29,231 30,680 $32.1 40 250 Net operating cash flows 60,575 54,354 50,077 51,037 182,266
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