Pre-Seen Analysis

Total Page:16

File Type:pdf, Size:1020Kb

Pre-Seen Analysis Pre-seen analysis P plc Note: The enclosed document in no way indicates what is likely to be examined within the un-seen information on exam day. Contents Page 2 - E3 Tips and Guidance Page 5 - F3 Tips and Guidance Page 8 - P3 Tips and Guidance Page 10 – Industry Information Exam Timetable May 2014 Tuesday Wednesday Thursday Exam sitting 20 May 21 May 22 May Morning session E3 Enterprise P3 Performance F3 Financial 9:10am to 12:30pm Strategy Strategy Strategy 1 | P a g e E3 Tips and guidance Guidance and tips for Section A The two pages of un-seen information on exam day can produce many ‘parallel universes’ in the context of a scenario setting, so it is important to keep an open mind. The two pages of un-seen information on exam day will often divide itself into different sections of scenario information, which will appear in the same order that the Section A requirements (a), (b), (c) etc. appear. This makes it easier to focus on the different the parts of scenario information when applying yourself to each requirement. Clearly the basic essentials of good time keeping, answer planning and more importantly APPLYING your discussion RELEVANTLY to the un-seen information and addressing each requirement FULLY will be essential if you are looking to pass E3. Study your E3 syllabus well and know your pre-seen information on exam day because you may have to refer to it. P plc operates B2C e.g. retail outlets and B2B e.g. direct sales units. It started as a manufacturing company and has since become listed and diversified into distribution and retail. It is a UK listed company, has acquired companies in Europe and the USA and has divested all of its manufacturing business units. The pre-seen information gives corporate values on page 2 and these values are qualitative and include ethical and social responsibility aims. On page 4 of the pre- seen there are strategic objectives aimed at improving shareholder value which are economic rather than social. The CSR aims of P plc are also included on page 5 of the pre-seen. A possible scenario on exam day could include the assessment of the suitability of a strategic option with any of these aims or objectives. If the values, aims or objectives of P plc are to be judged against a strategic option, remember to consider fully all of them that is required, many candidates are not picking up full marks due to aims or objectives viewed as ‘neutral’ and so say nothing and so are awarded no credit. The pre-seen information also mentions a centralised treasury function, another scenario on exam day could be to evaluate shared service centres or the divisional structure of this group, there seems to be synergy in merging at least some of the operations of the plumbing and buildings divisions to reduce cost and duplication e.g. logistics, transportation, distribution networks, distribution warehouses and possibly direct sales or retail units. Page 4 of the pre-seen also mentions the inefficiency of logistics within the supply chain e.g. some products P plc sources from Africa and Asia, cross the world to P plc warehouses and then back again to Africa and Asia. The T4 Case Study exam (May 2010, page 21-22 of its pre-seen) has a good scenario with an NPV to practice 2 | P a g e for a strategic option to open a new distribution centre, this can be downloaded from the CIMA website or please do ask for a copy. P plc divisions do distribute to other parts of the world e.g. Africa and Asia, so it could be a good scenario to get some practice. E3 May 2011 (question SA 11 in the Acorn exam practice kit) also includes relocation of a UK Division as a strategic option to evaluate. A P6 May 2007 exam question (C16 in the Acorn exam practice kit) is also a good question to examine a strategic option for a pharmaceutical manufacturing company considering a proposal to outsource its transportation function. Other tips for section A Normally up to 10% maximum for calculations within Section A Shareholder value analysis. Evaluation of the suitability of P’s existing organisational structure. Evaluation of an acquisition for market development and identification of issues to consider, in some cases for P, newly acquired businesses have underperformed. Evaluation of opening a new distribution centre in another part of the world as a strategic option based on quantitative and qualitative criteria. Evaluation of ‘virtual warehousing’ as a strategic option. Customer or product profitability analysis for either the plumbing or building division e.g. products, customer types or retail outlet/direct sales units as sales channels. Strategic supply chain management. Benchmarking internal performance e.g. in different countries, advice on improving operating efficiency based on quantitative and qualitative criteria. Strategic options generation e.g. using Ansoff’s product/market matrix. Business unit performance and appraisal, including transfer pricing, reward systems and incentives. CSF/performance indicators based on the industry for plumbing or building supplies. The CIMA code of ethics, business ethics and CSR related scenarios, perhaps ways of improving responsible business practice Relationship marketing e.g. direct sales units or retail outlets. Tips for section B Each section B question normally examines at least one model or theory. Very rarely are calculations tested within section B. Change management and theories. IT/IS strategy. Cultural analysis and advice. Stakeholder management or Mendelow’s matrix. Ansoff’s strategic options. Porters Generic Strategies. BCG Box. CSF/performance indicators 3 | P a g e Balanced Scorecard. Evaluation of performance systems recommendation of controls, changes or improvements. Evaluation of strategic options and recommendations. Visioning tools such as scenario planning or long range planning tools such as gap analysis. E3 syllabus areas which still have not been tested Real Options as a tool for strategic analysis. Note: Complex numerical questions will not be set. Game theoretic approaches to strategic planning and decision-making. Note: Complex numerical questions will not be set. The implementation of lean systems across an organisation. 4 | P a g e F3 Tips and guidance Chairman’s statement on P plc’s strategic objectives P plc’s Chairman has declared three strategic objectives for the company which all combine with the aim of improving shareholder value. These three strategic objectives of P plc are: . To be the market leader in the regions of the world in which it operates; . To deleverage the company by disposing of business units or individual retail outlets which do not contribute sufficiently to the aim of P plc becoming market leader or arefailing to meet minimum performance targets; . To continuously strive to improve its products and customer services. Corporate Responsibility Aims P plc aims to provide excellent customer service across its two divisions. This excellence in customer service is underpinned by its: . provision of high levels of staff training and development, with strong concentration on safety management; . adherence to the highest ethical standards both internally and with respect to supplier relationships; . concern to cause the least environmental damage possible within its operations in terms of emissions, waste management and recycling activities by employing environmental performance management methods; . promotion of product integrity through selling only safe and reliable products which are of the required standard of quality and partnering with key suppliers. Strategic developments P plc aims to increase its market share by making repeat sales through its external direct sales units and retail outlets to existing customers and attracting new customers away from competitors. It places customer service as its key critical success factor. The Board is constantly seeking improvements in the company’s logistics particularly in sourcing products and their delivery to its external direct sales units and retail outlets wherever they are in the world. It is actively considering acquiring logistic resources in parts of the world where it does not own warehousing and distribution facilities at present and also pursuing the concept of virtual warehousing by which its external direct sales units and retail outlets will still place their orders with P plc but will obtain their supplies directly from the manufacturer. Other areas of strategic development concern reviewing the life expectancy of its products so as to give greater value for money to final customers and benchmarking its performance in different countries in order to improve operating efficiency. 5 | P a g e Other key aspects . 90% of the shareholders are institutional investors, so any course of action by P plc will impact these shareholders. Maintaining good relationships with these investors is imperative. Comparisons of the two divisions: Total Plumbing & Heating Building materials £m £m % £m % Revenue 13877 7040 51% 6837 49% Operating profit 447 234 52% 213 48% NCA Intangible assets 1748 781 45% 967 55% PPE 1326 597 45% 729 55% Trade & other 135 65 48% 70 52% CA Inventory 1784 930 52% 854 48% Trade & other 2127 1075 51% 1052 49% . The financial statements show bank loans of £1,000 million and short term borrowings of £202 million. The refinancing of these will require consideration. F3 guidance There is a strong hint of divestment with the strategic objectives as any business units or retail outlets will be disposed if they don’t meet their targets. There are also suggestions of acquiring logistic resources in Asia and Africa, so cost benefit analysis of this will need to be undertaken (investment appraisal) 6 | P a g e F3 May 201 & September 2014 exam paper predictions for P plc Numerical aspects . Business valuation. The main methods of valuation would be required (net assets, dividend valuation model, earnings based, discounted cash flows).
Recommended publications
  • Developing Employees As Organisational Assets
    Developing Employees as Organisational Assets INTRODUCTION The Kingfisher Recruitment • The Person Specification How KMDS is evolving commercial and afterwards in key functions The Group requires from prospec- Kingfisher plc is one of Europe’s leading retailers based Management Development Scheme Investing in a trainee over ten years tive KMDS trainees: The KMDS was launched in 1995 and • a post-graduate certificate in man- around three main sectors - DIY, electrical and general involves significant cost as well as today has 172 individuals on the scheme agement studies from Templeton • excellent interpersonal skills merchandise. The company employs over 130,000 people in invest- risk. The risk includes choosing the working across the Group. All individu- College, Oxford The KMDS represents a key • enthusiasm and drive to become ment by the organisation in its human wrong type of person and equally als following the KMDS route joined in • a ‘skills tool-box’ consisting of 2,900 stores across 15 countries and has some of the best senior managers within 7-10 years assets. The scheme takes high-poten- importantly losing the person to anoth- their early 20s. Recently Kingfisher has day-release training to develop per- known retail brands in Europe, including B&Q, Castorama, • innovative approach to challenges tial graduates who want to make a er organisation during the training recognised that there are benefits in sonal skills Comet, Darty, BUT, Woolworths and Superdrug among opening up the process to existing high- career in retail, and provides them with process. For this reason, Kingfisher • the ability to analyse and make • a ‘buddy’ who is already on the others.
    [Show full text]
  • Annual Report and Financial Statements 2018 Sainsbury’S Group Helping Customers Live Well for Less Has Been at the Heart of What We Do Since 1869
    Live Well For Less Annual Report and Financial Statements 2018 Sainsbury’s Group Helping customers live well for less has been at the heart of what we do since 1869. We employ over 185,000 colleagues who work hard every day to make our customers’ lives easier and to provide them with great products, quality and service whenever and wherever it is convenient to access them. Food Our strategic focus is to help 608 our customers live well for less. Sainsbury’s supermarkets We offer customers quality and convenience as well as great value. Our distinctive ranges and innovative 102 partnerships differentiate stores offering Same Day our offer. More customers delivery to 40 per cent are shopping with us than of the UK population ever before and our share of customer transactions has increased. See more on page 12 General Merchandise 191 and Clothing Argos stores in Sainsbury’s We are one of the largest general supermarkets merchandise and clothing retailers in the UK, offering a wide range of products across our Argos, Sainsbury’s Home and 16 Habitat brands, in stores and Habitat stores and online. We are a market leader in Click & Collect available toys, electricals and technology in over 2,300 locations and Tu clothing offers high street style at supermarket prices. See more on page 14 Financial Services Financial Services are an 3.9m integral part of our business. Active customers Sainsbury’s Bank offers at Sainsbury’s Bank and accessible products such as Argos Financial Services credit cards, insurance, travel money and personal loans that reward loyalty.
    [Show full text]
  • Case No COMP/M.2951 - A.S
    EN Case No COMP/M.2951 - A.S. WATSON / KRUIDVAT Only the English text is available and authentic. REGULATION (EEC) No 4064/89 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 27/09/2002 Also available in the CELEX database Document No 302M2951 Office for Official Publications of the European Communities L-2985 Luxembourg COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 27.09.2002 SG (2002) D/231850 In the published version of this decision, some PUBLIC VERSION information has been omitted pursuant to Article 17(2) of Council Regulation (EEC) No 4064/89 concerning non-disclosure of business secrets and other confidential information. The omissions are MERGER PROCEDURE shown thus […]. Where possible the information ARTICLE 6(1)(b) DECISION omitted has been replaced by ranges of figures or a general description. To the notifying party Dear Sir/Madam, Subject: Case No COMP/M.2951 - A.S. Watson/Kruidvat Notification of 29.08.2002 pursuant to Article 4 of Council Regulation No 4064/891 1. On 29 August 2002, the Commission received a notification of a proposed concentration whereby A.S. Watson & Co., Limited (“A.S. Watson”), which belongs to the Hong Kong based group Hutchison Whampoa Limited (“Hutchison”), intends to acquire within the meaning of Article 3(1)(b) of the Council Regulation (EEC) No 4064/89 (“the Merger Regulation”) control over Dutch companies Kruidvat Holding B.V., and Kruidvat Superdrug B.V. (hereinafter ”Kruidvat”). The companies are presently controlled by Kruidvat Beheer B.V. (”Kruidvat Beheer”). 2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of the Merger Regulation and does not raise serious doubts as to its compatibility with the common market and the functioning of the EEA Agreement.
    [Show full text]
  • Full Portfolio Holdings
    Hartford Multifactor International Fund Full Portfolio Holdings* as of August 31, 2021 % of Security Coupon Maturity Shares/Par Market Value Net Assets Merck KGaA 0.000 152 36,115 0.982 Kuehne + Nagel International AG 0.000 96 35,085 0.954 Novo Nordisk A/S 0.000 333 33,337 0.906 Koninklijke Ahold Delhaize N.V. 0.000 938 31,646 0.860 Investor AB 0.000 1,268 30,329 0.824 Roche Holding AG 0.000 74 29,715 0.808 WM Morrison Supermarkets plc 0.000 6,781 26,972 0.733 Wesfarmers Ltd. 0.000 577 25,201 0.685 Bouygues S.A. 0.000 595 24,915 0.677 Swisscom AG 0.000 42 24,651 0.670 Loblaw Cos., Ltd. 0.000 347 24,448 0.665 Mineral Resources Ltd. 0.000 596 23,709 0.644 Royal Bank of Canada 0.000 228 23,421 0.637 Bridgestone Corp. 0.000 500 23,017 0.626 BlueScope Steel Ltd. 0.000 1,255 22,944 0.624 Yangzijiang Shipbuilding Holdings Ltd. 0.000 18,600 22,650 0.616 BCE, Inc. 0.000 427 22,270 0.605 Fortescue Metals Group Ltd. 0.000 1,440 21,953 0.597 NN Group N.V. 0.000 411 21,320 0.579 Electricite de France S.A. 0.000 1,560 21,157 0.575 Royal Mail plc 0.000 3,051 20,780 0.565 Sonic Healthcare Ltd. 0.000 643 20,357 0.553 Rio Tinto plc 0.000 271 20,050 0.545 Coloplast A/S 0.000 113 19,578 0.532 Admiral Group plc 0.000 394 19,576 0.532 Swiss Life Holding AG 0.000 37 19,285 0.524 Dexus 0.000 2,432 18,926 0.514 Kesko Oyj 0.000 457 18,910 0.514 Woolworths Group Ltd.
    [Show full text]
  • London Stock Exchange Derivatives
    Expiry Notice 17 June 2016 London Stock Exchange Derivatives Expiration prices for UK Single Stock Products Please find below expiration prices for UK Single Stock Products expiring in June 2016: Underlying Code Underlying Name Expiration Price ADN ABERDEEN ASSET MANAGEMENT PLC 267.000 AGK AGGREKO PLC 1156.000 AAL ANGLO AMERICAN PLC 636.500 ANTO ANTOFAGASTA PLC 423.900 ARM ARM HOLDINGS PLC 970.500 AHT ASHTEAD GROUP PLC 994.000 ABF ASSOCIATED BRITISH FOODS PLC 2775.000 AZN ASTRA ZENECA PLC 3793.000 AV AVIVA PLC 406.900 BA BAE SYSTEMS PLC 478.800 BARC BARCLAYS PLC 165.750 BLT BHP BILLITON PLC 830.800 BP BP PLC 373.150 BATS BRITISH AMERICAN TOBACCO PLC 4116.500 BTA BT GROUP PLC 407.150 CPI CAPITA PLC 1000.000 CCL CARNIVAL PLC 3402.000 CNA CENTRICA PLC 203.600 CPG COMPASS GROUP PLC 1282.000 DGE DIAGEO PLC 1770.000 EVR EVRAZ PLC 109.100 FRES FRESNILLO PLC 1227.000 GFS G4S PLC 175.400 GSK GLAXOSMITHKLINE PLC 1387.500 GLEN GLENCORE PLC 140.550 HSBA HSBC HOLDINGS PLC 431.200 1 IAP ICAP PLC 391.000 IMB IMPERIAL BRANDS PLC 3578.000 IHG INTERCONTINENTAL HOTELS GROUP PLC 2542.000 IAG INTERNATIONAL CONSOLIDATED AIRLINES 478.300 ITV ITV PLC 204.000 KAZ KAZ MINARALS PLC 135.700 KGF KINGFISHER PLC 354.000 LAD LADBROKES PLC 124.500 LAND LAND SECURITIES GROUP PLC 1099.000 LGEN LEGAL & GENERAL GROUP PLC 215.400 LLOY LLOYDS BANKING GROUP PLC 65.050 LMI LONMIN PLC 184.750 EMG MAN GROUP PLC 116.800 MKS MARKS & SPENCER GROUP PLC 351.600 MRW MORRISON (WM) SUPERMARKETS PLC 177.300 NG NATIONAL GRID PLC 958.800 NXT NEXT PLC 5275.000 PSON PEARSON PLC 823.000 PFC
    [Show full text]
  • Annex 1: Parker Review Survey Results As at 2 November 2020
    Annex 1: Parker Review survey results as at 2 November 2020 The data included in this table is a representation of the survey results as at 2 November 2020, which were self-declared by the FTSE 100 companies. As at March 2021, a further seven FTSE 100 companies have appointed directors from a minority ethnic group, effective in the early months of this year. These companies have been identified through an * in the table below. 3 3 4 4 2 2 Company Company 1 1 (source: BoardEx) Met Not Met Did Not Submit Data Respond Not Did Met Not Met Did Not Submit Data Respond Not Did 1 Admiral Group PLC a 27 Hargreaves Lansdown PLC a 2 Anglo American PLC a 28 Hikma Pharmaceuticals PLC a 3 Antofagasta PLC a 29 HSBC Holdings PLC a InterContinental Hotels 30 a 4 AstraZeneca PLC a Group PLC 5 Avast PLC a 31 Intermediate Capital Group PLC a 6 Aveva PLC a 32 Intertek Group PLC a 7 B&M European Value Retail S.A. a 33 J Sainsbury PLC a 8 Barclays PLC a 34 Johnson Matthey PLC a 9 Barratt Developments PLC a 35 Kingfisher PLC a 10 Berkeley Group Holdings PLC a 36 Legal & General Group PLC a 11 BHP Group PLC a 37 Lloyds Banking Group PLC a 12 BP PLC a 38 Melrose Industries PLC a 13 British American Tobacco PLC a 39 Mondi PLC a 14 British Land Company PLC a 40 National Grid PLC a 15 BT Group PLC a 41 NatWest Group PLC a 16 Bunzl PLC a 42 Ocado Group PLC a 17 Burberry Group PLC a 43 Pearson PLC a 18 Coca-Cola HBC AG a 44 Pennon Group PLC a 19 Compass Group PLC a 45 Phoenix Group Holdings PLC a 20 Diageo PLC a 46 Polymetal International PLC a 21 Experian PLC a 47
    [Show full text]
  • This Document Is Important and Requires Your Immediate Attention
    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to what action you should take, you are recommended to seek your own financial advice from a stockbroker or other independent adviser authorised under the Financial Services and Markets Act 2000. If you have sold or transferred all of your shares in Kingfisher plc, please forward this notice, together with the accompanying documents but not the personalised proxy form, as soon as possible either to the purchaser or transferee or to the person who arranged the sale or transfer so they can pass these documents to the person who now holds the shares. Dear Shareholder Voting at the AGM Shareholders are strongly encouraged to submit a proxy vote The 2021 Annual General Meeting (the ‘AGM’) of Kingfisher plc in advance of the AGM. You can submit your proxy vote online (the ‘company’), will be held electronically and at The Royal or by returning the proxy form posted to you. Given the current College of Physicians, 11 St Andrews Place, London NW1 4LE uncertainty regarding attendance, we would urge shareholders on Wednesday, 30 June 2021 at 2:00pm. to appoint the Chair of the Meeting as their proxy rather than a named person who we would also strongly discourage from Important – AGM arrangements attending in person. Shareholders who participate in the AGM The company is continuing to monitor public health guidance electronically or in person will be able to vote in real time. All and legislation issued by the UK Government. We have prepared voting on the day will be via the dedicated online AGM platform, for this AGM based on the anticipated status of the UK https://web.lumiagm.com.
    [Show full text]
  • Martin Hutchings
    Martin Hutchings Partner Financing and capital markets His depth of knowledge is impressive, a good person to have in your corner. Chambers UK 2016 Primary practice Financing and capital markets 30/09/2021 Martin Hutchings | Freshfields Bruckhaus Deringer About Martin Hutchings <p><strong>Martin, whose&nbsp;practice encompasses all aspects of banking work, advises borrowers and lenders on complex multijurisdictional transactions, with an emphasis predominantly on corporate treasury transactions, including acquisition finance, IPO facilities, liquidity facilities and general corporate financings.</strong></p> <p>Martin's recent work has included numerous syndicated and bilateral corporate financings for clients such as Abcam, Astrazeneca, BT, Carnival, Compass Group, Croda International, Daily Mail &amp; General Trust, Dixons CarphoneWarehouse, Intercontinental Hotels Group, John Laing, Kingfisher, London Stock Exchange Group, McCarthy &amp; Stone, The Rank Group, RELX, Saga and Tesco.</p> Recent work <ul> <li>Advising Croda International on its term facility to support its acquisition of Avanti Polar Lipids, Inc and its syndicated working capital facility (including ESG margin adjustment).</li> <li>Advising Flutter Entertainment on its term loan A and revolving facilities, Term Loan B and Notes consent solicitation and intercreditor arrangements to support its acquisition of The Stars Group Inc.</li> <li>Advising London Stock Exchange Group on its bridge facilities to support its acquisition of Refinitiv Inc.</li> <li>Advising Berry Global
    [Show full text]
  • Annual Report 2013
    CREATING THE LEADER Progress report on our strategy Annual Report and Accounts 2012/13 Our online reporting Increasing numbers of our shareholders are choosing to receive their annual report online, which helps us reduce the impact on the environment through lower paper usage. The online version, available at www.kingfisher.com, enables you to download the report to your computer desktop and access supplementary content, such as video interviews with the Group Chief Executive and Group Finance Director, and case studies from around the Group businesses which highlight some of the year’s achievements. If you have a smartphone or tablet device, use the links and QR codes in this printed copy to take you straight to that part of the online report. For the online report, go to Key highlights http://annualreport.kingfisher.com/2012-13 Adjusted pre-tax profit*(m) Adjusted basic earnings per share*(p) Full year dividend (p) £715m 22.3p 9.46p -11.4% -11.2% +7.0% 9.46 807 8.84 25.1 715 22.3 670 20.5 7.07 547 5.5 16.4 5.32 368 11.0 08/09 09/10 10/11 11/12 12/13 08/09 09/10 10/11 11/12 12/13 08/09 09/10 10/11 11/12 12/13 * For definitions see the Financial Review on pages 17 to 24. Business review Governance Accounts 1 Kingfisher plc is Europe’s leading home improvement retail Group and the third largest in the world, with over 1,000 stores in eight countries in Europe and Asia.
    [Show full text]
  • Watsons Experience Launches in Russia Focus Story
    103 Watsons Experience Launches in Russia Focus Story Watsons Experience Launches in Russia Watsons is delighted to have opened its first Russian store in St.Petersberg. The launch of Asia’s No.1 health and beauty brand will deliver an unprecedented range of world-class products to the increasingly sophisticated Russian market. This is a country where people take great care over their appearance, and by introducing the products and advanced skincare regimens of Asia, Watsons taps into what it sees as huge market potential. WatsON 103 • Quarter 2 • 2018 01 Focus Story Russia will be the 12th market to host Watsons stores. In every market where it operates, Watsons sets the highest global standards in the health, wellness and beauty market. Putting customers first is what Watsons is all about. It offers customers real value, good service and expert advice – and St.Petersberg this is what Watsons will present to Russian customers. The launch of the first store in Russia is a significant step in the expansion of the Watsons brand. Watsons “cares deeply about its customers around the globe, addressing their health and beauty needs both instore and online. We are dedicated to making our customers Look Good and Feel Great and putting a smile on their faces. Andrei Melnikov ” General Manager Watsons Russia WatsON 103 • Quarter 2 • 2018 02 Focus Story Emerging Market, Golden Opportunity Russian customers are seeking out both new experiences Beauty trends from Asia and especially from Korea and new products in health and beauty. Russian is a – hugely popular across Asia but underdeveloped in Russia magnet for sophisticated travellers from across Europe, Digital and eCommerce solutions, which are well and it has significant potential for future growth.
    [Show full text]
  • Principal Subsidiary and Associated Companies and Joint Ventures at 31 December 2020
    Principal Subsidiary and Associated Companies and Joint Ventures at 31 December 2020 Nominal value of Place of incorporation / issued ordinary Percentage of Subsidiary and associated companies and principal place of share capital **/ equity attributable joint ventures operations registered capital to the Group Principal activities Ports and related services Alexandria International Container Terminals Egypt USD 30,000,000 59 Container terminal operating Company S.A.E. Amsterdam Container Terminals B.V. Netherlands EUR 18,400 80 Container terminal operating Brisbane Container Terminals Pty Limited Australia AUD 34,100,000 80 Container terminal operating Buenos Aires Container Terminal Services S.A. Argentina ARS 648,385,014 80 Container terminal operating ECT Delta Terminal B.V. Netherlands EUR 18,000 71 Container terminal operating Ensenada Cruiseport Village, S.A. de C.V. Mexico MXP 145,695,000 80 Cruise terminal operating Ensenada International Terminal, S.A. de C.V. Mexico MXP 160,195,000 80 Container terminal operating Europe Container Terminals B.V. Netherlands EUR 45,000,000 75 Holding company Euromax Terminal Rotterdam B.V. Netherlands EUR 100,000 49 Container terminal operating Freeport Container Port Limited Bahamas BSD 2,000 41 Container terminal operating Gdynia Container Terminal S.A. Poland PLN 11,379,300 80 Container terminal operating and rental of port real estate Harwich International Port Limited United Kingdom GBP 16,812,002 80 Container terminal operating ✡ Hongkong United Dockyards Limited Hong Kong HKD 76,000,000 50 Ship repairing, general engineering and tug operations ✡ 惠州港業股份有限公司 China RMB 300,000,000 27 Container terminal operating ✡ Huizhou Quanwan Port Development Co., Ltd.
    [Show full text]
  • Hutchison Drei Austria Gmbh
    Hutchison Drei Austria. Vienna, 13/ 04/ 2017 Agenda. A Global Player. CK Hutchison Holdings Ltd. Hutchison Drei Austria GmbH. At a glance. There‘s another way. Offer. Good reasons to choose Drei. The 3Network. Seite 2 – Hutchison Drei Austria GmbH A Global Player. Page 3 – Hutchison Drei Austria GmbH CKHH - CK Hutchison Holdings Ltd. Ports & related Retail Infrastructure Tele- Energy e.g.: UK Power Networks, e.g.: Watsons, Superdrug, services e.g.: Husky Energy Power Assets, communications Kruidvat, Drogas e.g.: Rotterdam, Felixstowe Northumbian Water Chairman: Sir Li Ka-shing 3Group Europe Italy, Austria, Denmark, Sweden, UK, Ireland Headquarter: Hong Kong Trading centre: CKHH is listed on the HK stock exchange Hong Kong & Macau Employees: about 290,000 in over 50 countries (Dec 31, 2016) Structure: Conglomerate of 5 core businesses Indonesia, 3G customers: 45.9 million customers within Europe (Dec 2016) Vietnam, Sri Lanka Revenues 3Group: HK$ 62.415 mio (about € 7.283 billion) in Europe (Dec 2016) Page 4 – Hutchison Drei Austria GmbH – Confidential Hutchison Drei Austria GmbH. Page 5 – Hutchison Drei Austria GmbH Hutchison Drei Austria GmbH – Management Board. Jan Trionow Sabine Hogl CEO (Chief Executive Officer) CFO (Chief Financial Officer) Matthias Baldermann Rudolf Schrefl CTO (Chief Technical Officer) CCO (Chief Commercial Officer) Page 6 – Hutchison Drei Austria GmbH Hutchison Drei Austria GmbH. • Hutchison Drei Austria GmbH is wholly-owned • Since its launch in 2003, Drei has been a by CK Hutchison Holdings Limited in pioneer for simple solutions for the digital Hongkong and operates on the Austrian market life, e.g. fast mobile broadband internet for the as Drei since 2003.
    [Show full text]