Reach plc2019年年度报告.pdf

1、Annual Report 2019Our ReachReach plc Annual Report 2019Strategic Report1Introduction1Chairmans statement2Our business and the value we create4Our brands and influence6An evolving business focused on being fit for the future10Opportunities and challenges facing our industry12Chief Executives review16

2、Business review20KPIs23Financial review26Engaging with our stakeholders30Managing our resources and relationships32Section 172 statement42Risks and uncertainties43Governance48Chairmans governance introduction49Board of directors50Corporate governance report52Nomination Committee report56Audit&Risk C

3、ommittee report57Remuneration report62Directors report83Financial Statements87Independent auditors report88Consolidated income statement96Consolidated statement of comprehensive income96Consolidated cash flow statement97Consolidated statement of changes in equity97Consolidated balance sheet98Notes t

4、o the consolidated financial statements99Parent company balance sheet131Parent company statement of changes in equity131Notes to the parent company financial statements132Other136Subsidiary and associated undertakings136Shareholder information139Group five year summaryIBCIn this reportHighlights1Dis

5、claimerThis Annual Report is sent to shareholders who have elected to receive a hard copy and is available on our website for those shareholders who have elected to receive a copy electronically.In this document,references to the Group,the Company,we or our are to Reach plc and its subsidiaries.A re

6、ference to a year expressed as 2019 is to the 52 weeks ended 29 December 2019 and a reference to a year expressed as 2018 is to the 52 weeks ended 30 December 2018.References to the year and the current year are to 2019 and references to last year and the prior year are to 2018.The Annual Report con