Derwent London plc (DLN) 2018年年度报告「LSE」.pdf

1、Report&Accounts 2018STRATEGIC REPORT2018 summary.04Chairmans statement.07Chief Executives statement.08CEO succession.11London:Open for business.12Central London office market.14A well-placed portfolio.16Our stakeholders.18Our business model.20Our strategy.30Measuring our performance.40Viability stat

2、ement.44Our principal risks.46Property review.58 Valuation.59 Asset management&investment activity.62 Development&refurbishment.65Finance review.68Responsibility.74GOVERNANCEIntroduction from the Chairman.84Governance at a glance.86Board of Directors.88Senior management.90Corporate governance statem

3、ent.92Nominations Committee report.100Audit Committee report.104Risk Committee report.110Remuneration Committee report.116 Annual statement.116 Remuneration at a glance.118 Annual report on remuneration.119 Schedules to the Annual report on remuneration.129Directors report.132CONTENTSFINANCIAL STATE

4、MENTSStatement of Directors responsibilities.138Independent Auditors report.139Group income statement.145Group statement of comprehensive income.146Balance sheets.147Statements of changes in equity.148Cash flow statements.149Notes to the financial statements.150Other informationTen-year summary.200E

5、PRA summary.201Principal properties.203List of definitions.205Communication with our shareholders.208Awards&recognition.IBCDERWENT LONDONWho we areWe are the largest London-focused real estate investment trust(REIT),owning a 5.4 million sq ft portfolio of mainly commercial real estate in 13villagesa

6、cross central London.Our purposeOur purpose is to help improve and upgrade the stock of office space in central London,providing above average long-term returns to our shareholders while bringing social and economic benefits to all our stakeholders.By setting an open and progressive corporate cultur