Big Yellow Group (BYG) 2003年年度报告「LSE」.pdf

1、Big Yellow Group PLCAnnual Report&Accounts 2003Big Yellow Group PLC2 The Deans,Bridge Road,Bagshot,Surrey GU19 5ATTel:01276 470190Fax:01276 470191e-mail:infothebigyellow.co.ukwww.thebigyellow.co.ukBig Yellow Group PLC Annual Report&Accounts 2003CONTENTS02Financial highlights03Where to find us04Chair

2、mans Statement06Operating Review12Financial Review13Officers and Professional Advisers14Directors Biographies15Directors Report17Report on Corporate Governance20Report on Directors Remuneration23Independent Auditors Report24Consolidated Profit and Loss Account25Consolidated Balance Sheet26Reconcilia

3、tion of Movements inShareholders Funds26Statement of Total Recognised Gainsand Losses27Consolidated Cash Flow Statement27Reconciliation of Net Cash Flow toMovement in Net Debt28Company Balance Sheet29Notes to the Accounts41Notice of the Annual General Meeting43Form of ProxyibcFour Year Recordwe are

4、notjust any stora01ge companySINCE OPENING OUR FIRST STORE IN 1999,BIG YELLOWHAS GROWN INTO ONE OF THE LEADING AND MOSTDYNAMIC SELF STORAGE GROUPS IN THE UK.We have pioneered the development of the latestgeneration of self storage facilities which utilise state ofthe art technology and are located i

5、n high profile,mainroad locations.In doing so we have changed the faceof storage in the UK.Our focus on the location and visibility of our buildingscoupled with excellent customer service has helpedto create one of the most recognised brand namesin the storage industry.FINANCIAL HIGHLIGHTS“We are ve

6、ry much on track with our strategic aim ofcreating the premier self storage business in the UK,asset out at the time of our IPO in May 2000.Big Yellow hasachieved sustainable and growing operating cash flowand is approaching 20 million of annualised revenue andone million sq ft of occupied storage s