DOCSLIB.ORG

Annual Report 2010

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2010 Annual Report 2010 20 Years of Namibian Independence 90 Years of Exceptional Quality Brewing Namibia Breweries Limited Annual Report 2010 A momentous day dawned on 21 March, 1990 with Namibians from all walks of life celebrating Independence across the country. The hopes and dreams of a new nation lay ahead... and a celebratory brew of Windhoek Lager quenched everyone’s thirst! 1 Namibia Breweries Limited Annual Report 2010 Contents President-elect Sam Nujoma taking the oath with Secretary-General of the United Nations Javier Perez De Cuellar at the historic swearing- in ceremony on 21 March, 1990 in Namibia’s capital. This mural in Windhoek serves as a reminder of the Independence celebrations. Directors’ Report 5 Board of Directors 41 Corporate Governance 9 Senior Leadership Team 48 Group Salient Features 13 Chairman’s Statement 49 Group Value Added Statement 17 Managing Director’s Statement 50 Five-Year Summary of Results 21 Company Profile 51 Summary of Statistics 25 Sustainability Report 52 Ordinary Share Ownership 36 Remuneration Report 53 Financial Review 39 Directorate and Administration 2 Namibia Breweries Limited Annual Report 2010 21 March 1990 President Sam Nujoma and Deputy Prime Minister Hendrik Witbooi at the ceremony culminating in the signing of the Namibian Constitution on 21 March, 1990. Financial Statements 104 Annexure A - Secured Interest-bearing Loans and Borrowings 55 Approval of Annual Financial Statements 106 Annexure B - Property, Plant and Equipment 56 Independent Auditor’s Report and Intangible Assets 57 Report of the Directors 109 Annexure C - Interest in Subsidiaries 58 Statements of Financial Position 110 Annexure D - Directors’ Emoluments 59 Statements of Comprehensive Income 111 Notice to Shareholders 60 Statements of Cash Flows 112 Proxy Form 61 Statements of Changes in Equity 62 Notes to the Annual Financial Statements 3 Namibia Breweries Limited Annual Report 2010 1920 Gretel Keding In 1920, Messrs Carl List (l) and Hermann Ohlthaver (r) acquired four local breweries and consolidated them to form the South West Breweries (SWB). At Independence in 1990, the name was changed to Namibia Breweries Limited, as we know it today. 4 Namibia Breweries Limited Annual Report 2010 Board of Directors Chairman and Executive Directors Sven Thieme Desmond van Jaarsveld Bruce Kidner John Fitzgerald (Namibian) (Namibian) (British) (South African) Chairman Managing Director Finance Director Global Marketing Director Appointed in March 2002. In August 2008 appointed as Joined Namibia Breweries in Appointed at Namibia Breweries in July Currently the executive managing director. He previously July 2008 as finance director. 2009. Joined from brandhouse where chairman of the Ohlthaver & List served as managing director Prior to his current role, he he served as group portfolio manager Group (O&L) which he joined of Namibia Dairies which he held the position of finance for beer. He has over 15 years of senior in 1998. He is a chartered had turned into a profit making director at the Guinness Ghana marketing experience in the alcoholic accountant having previously company in one of the most Breweries Group in Accra beverage industry and a solid track worked for Deloitte in their challenging industries. From (Ghana) and has been with record of building brands. John holds audit practice in South Africa 1999 to 2005 he served as Diageo plc since 1997. He is a an Advanced Executive Programme and Luxembourg. Outside the Namibia Breweries’ group product qualified chartered accountant (AEP) qualification through the UNISA Group, Sven holds directorships development manager before with experience in Europe and Graduate School of Business. in the Windhoek Country Club his tenure in the dairy industry. Africa. (chairman), DHN Drinks, Nabcoa He holds a Masters Degree in (a wellfare organisation) and Science. He is a board member the Namibian Broadcasting of the Namibian Manufacturers’ Corporation (chairman). Association. 5 Namibia Breweries Limited Annual Report 2010 Non-Executive Directors Ken Allan Nick Blazquez John Campbell Ken started his career with Imperial Nick Blazquez has been with Diageo for 20 John Campbell has been finance director Tobacco as a graduate trainee in 1982, years. He was appointed managing director of brandhouse since November 2005. His and has held senior sales and general of Diageo Africa in 2004. Prior to that he led career with Diageo plc spans seventeen management positions with Colgate- Diageo’s businesses in Asia and held various years covering various finance roles, most Palmolive, The Boots Company, other senior positions in Great Britain. Nick recently as group planning and reporting GlaxoSmithKline, and more recently with is also the chairman of the Private Investors director. John is a graduate in Mathematical Diageo, where he currently holds the for Africa, a group of chief executives of Sciences, a qualified chartered accountant, position of commercial director, Africa. multinational organisations with a presence in and previously spent over four years with the Africa. He was educated at the University of London office of KMPG. Aberdeen and went on to lecture and research at Bristol University, following receiving his Ph.D. there. Tom de Man Ernst Ender Hans-Bruno Gerdes Tom de Man was appointed as regional Appointed as executive director in February Hans-Bruno Gerdes (Habo) is managing president, Africa and Middle East – 1983, he took over the responsibility for the partner of the attorneys firm Engling, Stritter Heineken International and a member Company’s export business as director: & Partners in Windhoek. He is an associate of Heineken’s executive committee (also developing markets in 2002. Prior to his of the Institute of Chartered Secretaries and as Namibia Breweries’ non-executive appointment in 1983, he held the position of holds a B.Proc. degree from the University director) in 2005. Prior to this, Tom held manager: marketing & sales. Mr Ender retired of Cape Town. He currently practices as several senior positions in the Heineken on 31 January 2008 but remains on the NBL commercial/corporate attorney and holds a Breweries Group ranging from group Board as non-executive director as well as number of directorships in both listed and production director (Heineken Italy) in 1971 being appointed to the Ohlthaver & List Board unlisted companies and is actively involved to managing director sub-saharan Africa in in June 2008 as a non-executive director. in the organised legal profession in Namibia. 2003. Tom holds a M.Sc. Food Technology Presently, he serves as a non-executive degree from the Agricultural University director on the board of Namibia Breweries Wageningen, in the Netherlands. and is chairman of its audit committee. 6 Namibia Breweries Limited Annual Report 2010 Peter Grüttemeyer Tjeripo Hijarunguru Carl-Ludwig List Joined the Ohlthaver & List Group of He graduated from Long Island University A born Namibian to Werner and Margarete Companies (O&L) in October 2003 as chief (New York) completing his B.Sc. degree and List, raised in Midgard, schooled in executive officer where he is responsible for subsequently his MBA. His career involved Swakopmund, matriculated in Cape Town formulating and executing strategy. He is a employment at Standard Bank Namibia, and completed his banking education in qualified chartered accountant and prior to Transnamib Limited and the Namibia Germany in 1971 after visiting the University joining O&L, he held the position of partner- Development Corporation. He was appointed of Stellenbosch. After having devoted twenty in-charge of the Deloitte Namibian practice. chairman and managing director of Agribank years (1972-92) of his career to the Ohlthaver in 1997. He joined the Ohlthaver & List Group & List Group, he remains a dedicated director of Companies as a non-executive director in of the Group and Namibia Breweries to this 2002 and was appointed an executive director date. in 2004, whereafter he again assumed the position of non-executive on 1 November 2009. He acted as non-executive director on the NBL Board from 1 September 2003. Gerald Mahinda Bernd Masche Zooullis Mina Gerald Mahinda moved to South Africa A registered professional engineer in South He joined Heineken International BV in as managing director of brandhouse, with Africa and Namibia, he joined Namibia 1996 as financial director – Amstel Brewery effect from 1 July 2009 after successfully Breweries (South West Breweries) in Hungary and was appointed as Heineken leading East Africa Breweries (EABL) for September 1968. He was appointed as International BV’s financial director – over ten years. He joined EABL as the managing director of the company in Africa and Middle East in July 2008. Mr. group finance and strategy director in 1982 and after having served 21 years in Mina’s current main duties are the overall 1999, a position he held until 2003. He this position, retired in September 2003, responsibility for the finance and IT functions rose to the position of group managing whereafter he was appointed as non- of Heineken in the African and Middle director in 2004, following a short tenure as executive director in a consultancy capacity East Region. He is a qualified chartered strategy and change director of Guinness until October 2009. accountant with a wealth of experience. Nigeria plc. 7 Namibia Breweries Limited Annual Report 2010 Heinz Heuschneider The Hansa Brewery in Swakopmund, shown above in 1947, was first opened in 1928. It was the home of Namibia’s Finest Tafel Lager, firstly serving the coastal communities and later, when it was incorporated into South West Breweries in 1967, Tafel Lager went nationwide. 8 Namibia Breweries Limited Annual Report 2010 Senior Leadership Team From left to right Gideon Shilongo, Desmond van Jaarsveld, Hans Bellekes, Anton Goosen, Bruce Kidner, John Fitzgerald, Abrie du Plooy, Terence Makari and Thomas Hochreiter. 9 Namibia Breweries Limited Annual Report 2010 Through the 50’s and 60’s the brewery grew from strength to strength, producing exceptional beers from the old brewery in the Windhoek CBD.
Load more

Recommended publications
  • Website Beer
    DOMESTIC BUD LIGHT - 6 CANS 14.25 BUD LIMITED - 6 CANS 10.50 BUDWEISER - 12 CANS 20.75 BUDWEISER - 12 BTL 25.75 BUDWEISER -15 CANS 28.00 BUDWEISER - 24 CANS 42.00 BUDWEISER - 30 CANS 63.00 BUDWEISER - 6 BTL 14.25 BUDWEISER - 8 CANS 15.50 CANADIAN - 12 CANS 26.50 CANADIAN - 12 BTL 25.75 CANADIAN - 15 CANS 28.00 CANADIAN 15 FOR - 12 BTL 27.00 CANADIAN - 24 CANS 40.50 CANADIAN 67 - 12 BTL 25.75 CANADIAN - 8 CANS 14.00 CANADIAN COLD SHOTS - 8 CANS 12.00 COORS BANQUET - 6 CANS 15.00 COORS LIGHT - 12 CANS 26.50 COORS LIGHT - 12 BTL 26.50 COORS LIGHT - 15 CANS 28.00 COORS LIGHT - 15 FOR 12 BTL 26.45 COORS LIGHT - 8 CANS 14.00 COORS LIGHT - 24 CANS 40.50 COORS LIGHT BANQUET - 12 CANS 26.50 KOKANEE - 12 CANS 20.75 KOKANEE - 12 BTL 26.50 KOKANEE - 15 CANS 28.00 KOKANEE - 24 CANS 42.00 KOKANEE - 30 CANS 61.00 KOKANEE - 6 BTL 14.25 KOKANEE - 6 CANS 10.50 KOOTENAY - 12 CANS 24.00 KOOTENAY - 6 CANS 9.25 OLD STYLE PILSNER - 15 CANS 29.50 OLD STYLE PILSNER - 24 CANS 38.50 OLD STYLE PILSNER - 8 CANS 13.50 VALUE BEER BLACK SUPREME - 6 CANS 9.75 BLUE - 6 CANS 11.25 BRAVA 5.5 % - 6 CANS 9.75 BUSCH - 6 CANS 10.50 BUSCH - 15 CANS 22.25 EXTRA OLD STOCK - 15 CANS 23.50 EXTRA OLD STOCK - 6 CANS 9.50 HELLS GATE LAGER - 15 CANS 23.50 HELL'S GATE LAGER - 6 CANS 9.50 HELL'S GATE PALE ALE - 6 CANS 9.50 KEYSTONE LAGER - 15 CANS 23.75 KEYSTONE LAGER - 6 CANS 10.00 LUCKY LAGER - 8 CANS 13.50 OLD MILWAUKEE - 15 CANS 24.00 OLD MILWAUKEE - 6 CANS 10.00 P.
    [Show full text]
  • View Food & Drinks Menu
    LIGHT & HEALTHY Breakfast There is no better way to begin your day than a healthy Light breakfast while sitting in the relaxing atmosphere of the green lounge. Enjoy your breakfast selection of: Orange, lemon, grapefruit, cranberry, tomato, apple or pineapple juices Seasonal Fruit Salad Natural, low fat or fruit yoghurt Basket of freshly baked croissant, danish & muffins White or rye toast with butter, preserves & honey Hot Beverage Coffee: freshly brewed coffee, turkish and decaffeinated coffee Tea: earl grey, english breakfast, green, herbal and decaffeinated 7.99 All Prices Are In Jordanian Dinar, Subject To Service Charge & Prevailing Taxes. If you are suffering from any allergy, please contact your server N Contains Nuts V Vegetarian P Contains Pork SHERATON BAKERY Bakery Basket Quinoa & Smoked Trout Croissant, danish, muffin, white toast, rye toast and rolls, served Baby spinach leaves, mixed quinoa, smoked trout, fish, beans with butter, preserves and honey 6 sprouts, pomegranate drizzled with Italian dressing 7 Cheese & Thyme Croissant (2 Pcs) 2.5 Caprese Salad V Blueberry Muffins (2 Pcs) 1.5 Sliced tomatoes, buffalo mozzarella & basil olive oil 8.5 Fresh Seasonal Fruit Salad 4 Quinoa & Smoked Trout Signature Arugula, Vegetables & Blue Cheese V ALL DAY BabyBaby arugula, spinach cherry leaves, & sunmixed-dried quinoa, tomatoes, smoked radish, trout, capsicum, fish, beans ECLECTIC SALAD & APPETIZERS sprouts, pomegranate drizzled with Italian dressing asparagus, blue cheese, walnuts, scented with olives & balsamic Caesar vinaigrette 7 Romaine lettuce, Caesar dressing, croûtons, anchovies, beef bacon, sun-dried tomatoes & parmesan 6 Selection of Cold & Hot Mezzeh N Treat Yourself Hummus, mutabal, fattoush, labneh, stuffed vine leaves, fried kubbeh, 150gm grilled cajun chicken breast 9 spinach & cheese sambusek 11.5 6pcs of grilled shrimps 10 All Prices Are In Jordanian Dinar, Subject To Service Charge & Prevailing Taxes.
    [Show full text]
  • Servers, Food Runners, Line Cooks Apply Online Or Ask for an Application!
    NOW HIRING Servers, Food Runners, Line Cooks Apply Online or ask for an application! Draught Beer Local Craft and European Beers Guinness – Stout – Ireland – 4.3% Harp – Lager – Ireland – 5.0% Great Lake’s Edmund Fitzgerald – Porter – Ohio – 6.0% Blue Moon – Belgian White - Colorado- 5.4% New Belgium Fat Tire – Amber Ale – Colorado – 5.2% Stella Artois – Lager – Belgium – 5.0% New Belgium Dominga- Mimosa Sour- Colorado – 6.0% Kilkenny- Nitro Ale- Ireland- 4.3% Smithwick’s – Red Ale– Ireland – 4.5% Bud Light – Lager – Missouri – 4.2% Rochester Mills’ Juice Bigalow – IPA – Michigan – 6.0% Magners – Cider – Ireland – 4.5% Bell’s Two Hearted – IPA – Michigan – 7.0% Founder’s Solid Gold -- Lager Michigan – 4.4% Bell’s Oberon – Wheat Ale- Michigan – 5.8% Founder’s All Day IPA-Session IPA–Michigan–4.7% Short’s Soft Parade – Fruit Ale – Michigan – 7.5% Atwater Dirty Blonde – Wheat Beer – MI --- 4.5% Arbor Brewing Co.- Strawberry Blonde- Ann Arbor- 6.8% Carlsberg –Lager Denmark- 5% Old Nation M43- Hazy IPA 6.8% Blake’s Flannel Mouth – Cider -- Michigan- 6.5% Heineken - Lager- Netherlands- - 5% Blanche de Chambly -- Belgian White-Montreal–5% Bottles & cans ¨ Budweiser ¨ Bud Light ¨ Miller Lite ¨ Coors Light ¨ Michelob Ultra ¨ PBR ¨ Corona ¨ Modelo ¨ Bean Flicker ¨ Dog Fish Head 60 Min. ¨ Stroh’s ¨ Smirnoff Ice ¨ Strongbow ¨ Dark Horse Raspberry ¨Dog Fish Head Sea Quench Ale ¨ Magner’s Pear ¨White Claw: Raspberry, Lime, Black Cherry, Mango Non Alcoholic: ¨ Heineken 0.0 ¨ Kaliber ¨ Red Bull Conor O’Neill’s Menu is also available to go, please call (734) 665-2968 SANDWICHES AND PUB BURGERS Spinach & artichoke dip ALL SERVED WITH FRIES Creamy and mildly spicy, baked with a parmesan and breadcrumb topping served with CORNDED BEEF REUBEN herbed pita bread.
    [Show full text]
  • Opening Hours
    OPENING HOURS Monday 11:00 am - 11:30 pm Tuesday 11:00 am - 11:30 pm Wednesday 11:00 am - 11:30 pm Thursday 11:00 am - 11:30 pm Friday 11:00 am - 12:30 am Saturday 11:00 am - 12:30 am Sunday 12:00 pm - 11:00 pm Bar Food served daily from 12:00 pm - 10:00 pm SMALL PLATES BBar Sliders 3 Mini Beef Patti’s w/ Chipotle Mayo, Red €9.00 Onion Marmalade & Monterey Jack Cheese Contains allergens Gunpowder Chicken Poppers w/ Tamarind Chutney €6.00 Contains allergens Hot & Spicy Chicken Wings w/ Celery & Blue Cheese Dip €10.95 Contains allergens Black Tiger Prawn Tempura w/ Chilli & Honey Dip €10.50 Contains allergens Spiced Lamb Koftas w/ Masala Sauce €9.50 Contains allergens Mini Fish ‘n’ Chips Five Lamps Beer Battered Cod w/ Tartar €6.50 Sauce & Skinny Fries Contains allergens Confit of Duck Fritters w/ Mixed Leaves & Hoi-Sin Sauce €8.50 Contains allergens Mini Crab Fish Cakes w/ Sweet Chilli Dip €8.50 Contains allergens Chicken & Noodle Soup* w/ Crusty Bread €5.95 Contains allergens Dublin Bay Prawn Chowder w/ Saffron Aioli & Crisp Croutons €7.00 Contains allergens (G) Gluten Free (V) Vegetarian (*) Can be adapted for Vegetarian TO SHARE PLATES BBar Tasting Combo Any Three Selected Small Plates with €21.00 the BBar Combo Logo Crisp Quesadilla Large Toasted Tortilla w/ Refried Beans, €12.00 Tomato Salsa, Melted Mature Cheddar, Green Salad & Sour Cream (V) Contains allergens Add steak €17.00 BBar Nachos w/ Pico de Gallo Refried Beans, Cheddar Cheese Sauce, Guacamole & Sour Cream (V) Contains allergens Nachos x 2 people €7.00 Nachos x 4 people €12.00 ALLERGEN INDEX Nuts including Pistachios Sesame Macadamia Cereals Peanuts Soya Eggs Celery Milk & Diary SO2 (Sulphur Dioxide) Molluscs & Crustaceans Mustard Fish Lupins (G) Gluten Free (V) Vegetarian (*) Can be adapted for Vegetarian Please be advised that some of our menu items may contain nuts or traces.
    [Show full text]
  • Signature Cocktails
    Signature Cocktails Meg O’ Rita Meg’s Bloody Mary M.O.M.’S MULES Casamigos Reposado, Cointreau, Cutwater Habanero Vodka, Meg’s Irish Mule Fresh Lemon-Lime and Orange Famous Bloody Mary Mix, Pickled Tullamore D.E.W., Fresh Lime, Juice, Grand Marnier Floater Veggies, Seasoned Rim, Served and Ginger Beer 14 with a sidecar of beer 9 M.O.M.’s Fresh 8 Upgrade to a Quart Moscow Mule Squeezed Lemonade Your Choice of Stoli or Stoli 14 Stolichnaya, Fresh Lime, and Flavors, Squeezed Lemon, Long IRELAND Tea Ginger Beer Simply Lemonade Stoli Vodka, Flor De Cana Rum, 9 9 Bombay Sapphire Gin, Tullamore Paloma Mule D.E.W., Triple Sec, Sour Mix, Espresso Martini Altos Tequila, Fresh Lime, Fresh Ginger Ale, Midori Floater Stoli Vanilla, Mr. Black Coffee Grapefruit, and Ginger Beer 10 Liqueur, Espresso 9 10 Irish Man-In-Hattan Make it a 96 oz. MEGA MULE M.O.M.’s Irish Coffee Tullamore D.E.W. 12, Guinness 50 Tullamore D.E.W., Coffee, Brown Simple Syrup, Orange Bitters, Sugar, Fresh Whipped Cream, in a Grand Marnier rinsed Cinnamon glass with a Brandy Cherry. MEGA 7 13 MULE! It’s Gin Thyme Smoking Hot M.O.M.’s 96 oz. Gunpowder Gin, St. Germain Old Fashioned Liqueur, House Made Thyme Old Forester Bourbon, Maple Syrup, Cucumber, Lime, Soda Syrup, Chocolate Bitters, Served Water in a freshly wood smoked glass 10 10 Build Your Own Old Fashioned Choose Whiskey: Choose Sweetener: Tier 1 Tullamore D.E.W., High Simple Syrup, Honey, Get it smoked West, High West Double Rye, Maple Syrup, Agave Nectar, Wild Turkey 101 1 11 Turbinado Syrup Tier 2 Bulleit, Bulleit Rye, Knob Creek, Makers Mark, Choose Bitters: St.
    [Show full text]
  • County-Clare-Drink-Menu.Pdf
    Draft Bottle Ask for a sample. No refunds Clare Cocktails based on taste preference. Ireland Ireland Magner’s Pear Cider Milwaukee Mule Tango Fizz Guinness Stout Germany Our twist on the Moscow Tequila, mango and Murphy’s Stout Clausthauler Amber N/A Mule: Rehorst Premium club soda Smithwick’s Red Ale Bitburger Drive N/A Vodka, ginger beer with Kilkenny Cream Ale squeeze of fresh lime. Wisconsin Old Harp Lager England Magner’s Cider Fashioned Blackthorn Dry Cider Irish Mule Hand muddled, Wisconsin Irish whiskey, ginger beer style. Choose whiskey or Denmark and lime. Carlsberg Lager Wisconsin brandy. Sweet, sour or with Lakefront New Grist Gluten Free club soda. Belgium Pabst Blue Ribbon Infamous Golfer Grimbergen Dubbel - $7 Miller Lite A wonderfully refreshing Sweet Caroline Coors Light mix of Rehorst Citrus & Irish whiskey, lemonade, Bud Light Honey Premium Vodka, club soda, Chambord. Germany lemonade and iced tea. An Franziskaner New York Arnold Palmer with a kick! Purple Rain England Ommegang Pale Sour Irish Lemonade Vodka, pineapple juice, Fuller’s black currant. Originated here at County American Craft “Work is the Clare: Rehorst Citrus & Bell’s Seasonal Honey Premium Vodka, Milwaukee Breeze curse of the lemonade and a splash of A refreshing cocktail Wisconsin black currant juice. featuring Rehorst Premium Gin, seltzer, cranberry juice Spotted Cow drinking and fresh lime. Third Space Happy Place classes.” Import 20 oz. - $6 ~ Oscar Wilde Domestic Craft - $5 Desserts Ask about our seasonal and rotating taps not listed here. Seasonal Crème Brûlée Delicate seasonally flavored custard with a crispy caramelized sugar topping. Finished with a Specialty Tap dollop of fresh whipped cream.
    [Show full text]
  • Beer Wine Cocktails
    Beer Wine Cocktails BEER Draft Yukon Gold 12oz Glass 5 / 16oz Sleeve 6 60oz Pitcher 22 Rotating Tap Ask your server for details! Bottle Domestic 5.5 Kokanee Old Style Pilsner Budweiser Bud Light Coors Light Non Alcoholic 6 Warsteiner Premium 6.5 Chilkoot Lager Yukon Red Stanley Park Amber Stanley Park Noble Pilsner Blanche de Chambly Fat Tug IPA 12 Import 7.5 Stella Artois Heineken Corona Omission Gluten Free Guinness 9 Kilkenny 9 Ciders & Coolers 6.5 Lonetree Cider Hey Y’all Hard Iced Tea WINE Glass / Glass / Half Litre / Bottle 6oz / 9oz / 16oz / 25oz Red Sawmill Creek Cabernet Sauvignon – BC 8 / 11 / 20 / 30 Peller Estate Merlot – BC 8 / 11 / 20 / 30 Pasqua Villa Borghetti Passimento Rosso – Italy 10 / 14 / 25 / 35 1884 Reservado Malbec – Argentina 14 / 20 / 35 / 55 White Sawmill Creek Sauvignon Blanc – BC 8 / 11 / 20 / 30 Peller Estate Chardonnay – BC 8 / 11 / 20 / 30 Barefoot Cellars Pinot Grigio – California 10 / 14 / 25 / 35 Joie Noble Blend – BC 14 / 20 / 35 / 55 Sparkling Yellow Tail Bubbles – Australia 5oz Glass 9 / Bottle 45 DRINKS 1oz 6.5 Caesar OR Bloody Mary Silent Sam Vodka, Mott’s Clamato juice OR tomato juice, Worcestershire, Tabasco, pickle juice, salt and pepper Cassis Collins Gordon’s Dry Gin, Crème de Cassis, lemon juice, simple syrup and soda Goldeneye Lamb’s White Rum, pineapple juice and lime juice Sayulita Surf Sauza Gold Tequila, lime juice and ginger syrup Yukon Iced Tea Yukon Jack, lemon juice, lime juice and cola BLENDED 1oz 7.5 2oz 12 Piña Colada Lamb’s White Rum, pineapple juice and coconut syrup Keno Cappuccino
    [Show full text]
  • View Annual Report
    Diageo Annual Report 2008 ANNUAL REPORT 2008 Diageo plc 8 Henrietta Place London W1G 0NB United Kingdom Tel +44 (0) 20 7927 5200 Fax +44 (0) 20 7927 4600 www.diageo.com Registered in England No. 23307 © 2008 Diageo plc. All rights reserved. All brands mentioned in this Annual Report are trademarks and are registered and/or CELEBRATING LIFE, otherwise protected in accordance with applicable law. EVERY DAY, EVERYWHERE CONTENTS CHAIRMAN’S STATEMENT P4 CHIEF EXECUTIVE’S REVIEW P6 OUTSTANDING BRANDS P8 OUR MARKETS P10 PERFORMANCE SUMMARY 68 Market risk sensitivity analysis 148 Accounting policies of the company 2 Highlights 69 Critical accounting policies 149 Notes to the company financial statements 4 Chairman’s statement 71 Adoption of IFRS 151 Principal group companies 6 Chief executive’s review 71 New accounting standards 8 Outstanding brands ADDITIONAL INFORMATION FOR 10 Our markets GOVERNANCE SHAREHOLDERS 12 Historical information 73 Our board of directors and the 153 Legal proceedings executive committee 153 Related party transactions BUSINESS DESCRIPTION 74 Directors and senior management 153 Material contracts 17 Strategy 76 Directors’ remuneration report 153 Debt securities 18 Premium drinks 88 Corporate governance report 153 Share capital 24 Disposed businesses 94 Directors’ report 155 Memorandum and articles of association 24 Risk factors 158 Exchange controls 27 Cautionary statement concerning FINANCIAL STATEMENTS 158 Documents on display forward-looking statements 97 Independent auditor’s report to the 158 Taxation members of
    [Show full text]
  • Scotch Whisky in Thailand. Strategic Implications of International Alliances and Product Adaptation
    Munich Personal RePEc Archive Scotch Whisky in Thailand. Strategic implications of international alliances and product adaptation. A secondary data research case study. Mongay, Jorge and Johnson, Ashia and Head, Margaret and Guenard, Camille and Kincaid, Brian 10 September 2012 Online at https://mpra.ub.uni-muenchen.de/42735/ MPRA Paper No. 42735, posted 22 Nov 2012 12:41 UTC Scotch Wisky in Thailand. Strategic implications of international alliances and product adaptation. A secondary data research case study. Jorge Mongay. SBS Swiss Business School (Switzerland)) Ashia Johnson. Arizona State University (USA) Margaret Head. Butler University. (USA) Camille Guenard. Arizona State University (USA) Brian Kincaid Arizona State University (USA) ABSTRACT According to an article in 2008 issue of The Globe titled “Newly Introduced Alcohol Marketing Strategies: Thai Experience” provided by the Global Alcohol Policy Alliance, Thailand is classified as an "emerging market" in regards to the growth and development of the alcohol industry. The industry growth and expansion is caused by the international entrepreneurs that have invaded and populated the thai scene. International labels are now becoming more widespread; however, the domestic producers and operators are still powerful in the industry with the low price point being a contributor to its domestic labels steady market and industry success. The appeal of international labels and brands is mostly due to the "created image of life success and friendship" (Newly Introduced Alcohol Marketing Strategies: Thai Experience). Consumers of international labels are fascinated by the elegance of associating with such products. It seems as if only the well-off and well-rounded of business people consume international alcoholic beverages.
    [Show full text]
  • Opening Hours
    OPENING HOURS Monday 11:00 am - 11:30 pm Tuesday 11:00 am - 11:30 pm Wednesday 11:00 am - 11:30 pm Thursday 11:00 am - 11:30 pm Friday 11:00 am - 12:30 am Saturday 11:00 am - 12:30 am Sunday 12:00 pm - 11:00 pm Bar Food served daily from 12:00 pm - 10:00 pm Small Plates Seasonal Soup (V) (G) €5.95 Please ask your server for today’s special & allergens. Soup served with Brown Bread. Seafood Chowder (G) €6.50 Served with Brown Bread. Contains allergens 5 6 7 11 12 One & One €6.50 Old Dublin Saying for Fish ‘n’ Chip, Skinny Fries with a Mini Taster of our Beer Battered Cod. Contains allergens 5 7 9 12 Duck Rolls €8.50 Coriander & Orange Salad Drizzled with Plum Dressing. Contains allergens 5 8 9 10 Crispy Pork Bites €7.50 Pork Belly with Chili Honey Dip. Contains allergen 9 Spicy Chicken Wings (G) (12 Pieces) €10.95 Ranch Dressing & Celery Sticks. Contains allergens 11 13 Beef Sliders €7.50 Maple & Thyme Beef Patties (3) with taste of melted Blue Cheese & Bacon, Smoked Applewood Cheddar & Ballymaloe Relish. Contains allergens 4 5 9 11 13 Black Tiger Prawn Tempura €9.50 Chili & Honey Dip. Contains allergens 5 8 9 10 11 ALLERGAN INDEX 1 Nuts including Pistachios 6 Molluscs & Crustaceans 11 Celery 2 7 12 Macadamia Fish SO2 (Sulphur dioxide) 3 Peanuts 8 Sesame 13 Mustard 4 Eggs 9 Cereals 14 Lupins 5 Milk & Dairy 10 Soya (G) Gluten Free (V) Vegetarian (*) Can be adapted for Vegetarian Sandwiches & Salads The BBar Club (*) €13.50 Triple Decker Sandwich with Roast Turkey, Crispy Bacon, Egg Mayo, Baby Gem Lettuce, Tomato & Skinny Fries.
    [Show full text]
  • A Giant Reborn Huge New Investment at Guinness in Dublin Stream Krones Brewhouse (Brew- Dition and Modernity at the 255-Year House No
    Brewery profile Interior of the new Brewhouse No.4 in St James’s Gate Brewery A giant reborn Huge new investment at Guinness in Dublin stream Krones brewhouse (Brew- dition and modernity at the 255-year house No. 4) and an extension to the old site. He explained that the total Fermentation and Beer Processing brewery output was currently seven Plant. The extension is called the million hL of beer annually and that New Cold Block (NCB), and is used the new brewhouse had expanded primarily in the production of Dia- the capacity of the site by about geo’s own ale and lager brands such 40%. Guinness stout continues to be as Harp and Kilkenny, as well as the main product with about five beers brewed under licence such as million hL produced annually along Budweiser and Carlsberg. Expansion with 1.5 million hL of lager and 0.5 of grain handling and utilities gener- million hL of ale. ation and distribution has been an in- Of the £2.3 billion of beer sales tegral part of the development. About within Diageo, the St. James’s Gate 40% of the total investment was brewery supports £1.7 billion in fin- Right to left: Paul Guinness at St. James’s spent on the new brewing facilities ished product – supplied directly Armstrong, Diageo’s Gate in Dublin has been Beer Supply Director and about 35% on the cold block from the site or by its Guinness speaking to Irish around so long that it has with 27 new fermentation and matu- Flavour Essence (GFE) concentrate Taoiseach (Prime become almost synony- ration vessels to handle the addi- business – which is exported to over Minister) Enda Kenny, mous with the city itself.
    [Show full text]
  • COMPETITION TRIBUNAL of SOUTH AFRICA Case No: 17/LM/Feb08 in the Matter Between Brandco, Currently Heineken (Pty) (
    COMPETITION TRIBUNAL OF SOUTH AFRICA Case No: 17/LM/Feb08 In the matter between BrandCo, Currently Heineken (Pty) (Ltd) and Diageo South Africa Primary Acquiring Firms And Brandhouse Beverages (Pty) Ltd And Amstel Licence Primary Target Firms Panel : Y Carrim (Presiding Member); U Bhoola (Tribunal Member) and M Mokuena (Tribunal Member) Heard on : 09 April 2008 Decided on : 09 April 2008 Reasons Issued : 14 May 2008 Reasons Approval [1] On 09 April 2008 the Competition Tribunal issued a Merger Clearance Certificate approving the merger between BrandCo, Currently Heineken (Pty) (Ltd) and Diageo South Africa and Brandhouse Beverages (Pty) Ltd and Amstel Licence unconditionally. The reasons appear below. Parties [2] The primary acquiring firm is BrandCo, Currently Heineken (Pty) (Ltd) (ªBrandCoº) and Diageo South Africa (Pty) Ltd (ªSpiritsCoº).1 BrandCo is currently a wholly owned subsidiary of Heineken International B.V. (ªHeinekenº).2 BrandCo is a special purpose vehicle utilised specifically for this transaction. 1 SpiritsCo does not control any firm. SpiritsCo is a wholly owned subsidiary of Diageo Great Britain Ltd (ªDiageo GBº). Diageo GB is a wholly owned subsidiary of Grand Metropolitan Public Limited Company, which is in turn a wholly owned subsidiary of Diageo Holdings Ltd. Diageo Holdings Ltd is wholly owned subsidiary of Diageo Plc. Diageo Plc controls Highlands Holding B.V. (ªDiageo Highlandsº) 2 BrandCo do not control any firm. Heineken is a wholly owned subsidiary of Heineken N.V. which is in turn controlled by Heineken Holding N.V. (ªHeineken Holdingº). Heineken Holding is ultimately controlled by L'Arche Holding SA (ªL Archeº), a Swiss holding wholly owned by the Heineken family 1 [3] The target firm is Brandhouse Beverages (Pty) Ltd (ªBrandhouseº) and the Amstel Licence.
    [Show full text]