Essay on Annual Report
Chairman’s Review Managing Director’s Review Financial Results Board of Directors Senior Management Corporate Governance Statement Financial and Statutory Reports Directors’ Report Financial Report Income Statement Statement of Comprehensive Income Statement of Financial Position Statement of Cash Flows Statement of Changes in Equity Notes to the Financial Statements 1. Summary of Significant Accounting Policies 2. Segment Reporting 3. Revenue 4. Income Statement Disclosures 5. Income Tax Expense 6. Cash and Cash Equivalents 7. Trade and Other Receivables 8. Inventories 9. Other Financial Assets 10. Investment in Joint Venture Entity 11. Investments in Bottlers’ Agreements 12. Property, Plant and Equipment …show more content…
CHANGE IN DIRECTORS
After serving as a Non-Executive Director on the CCA Board since April 2004, Geoff Kelly retired from the Board in February 2014. Mr Kelly has served on the CCA Board as one of two nominees of The Coca-Cola Company (TCCC). We are sad to see Geoff go and thank him for his valuable contribution to CCA over the last ten years. Our Board will miss the benefit of his considerable business experience and guidance. TCCC has nominated, and the CCA Board has appointed, Krishnakumar Thirumalai (“KK”) as Geoff’s replacement on the CCA Board. Mr Thirumalai currently serves as Region Director for the India and Bangladesh bottling operations. He has significant experience across developing and emerging markets in roles spanning marketing, sales, distribution and supply chain and has worked for over nine years in the Coca-Cola system both in bottling and with TCCC. We are delighted to have a person of KK’s calibre and extensive experience join the CCA Board.
CCA’S RELATIONSHIP WITH THE COCA-COLA COMPANY
The CCA Board continues to have a strong and constructive relationship with TCCC, both as a shareholder and as the major supplier of ingredients for the majority of our non-alcoholic beverage products. As at 31 December 2013, TCCC held 29.2% of the shares in CCA and nominates two Non-Executive Directors to the current nine-member