Cosalt plc Annual report & financial statements 2008
Cosalt plc Annual report & financial statements 2008
Cosalt plc Annual report & financial statements 2008
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Overview<br />
<strong>Cosalt</strong> Marine<br />
We provide inspection<br />
and maintenance<br />
services for liferafts,<br />
lifeboats, lifejackets<br />
and fi re equipment.<br />
Read more page 22<br />
Overview<br />
IFC Financial highlights<br />
04 Our markets<br />
06 Our services<br />
08 Chairman’s statement<br />
Business review<br />
10 Our strategy<br />
12 Chief Executive’s review<br />
14 How we measure ourselves<br />
15 Principal risks<br />
18 Divisions: Offshore<br />
22 Divisions: Marine<br />
24 Financial review<br />
26 Our responsibilities<br />
Governance<br />
28 Board of Directors<br />
29 Directors’ <strong>report</strong><br />
31 Remuneration committee <strong>report</strong><br />
35 Corporate governance<br />
<strong>Cosalt</strong> Offshore<br />
We provide testing,<br />
inspection and<br />
lifting equipment<br />
services for the<br />
Oil & Gas industries.<br />
Read more page 18<br />
Financial <strong>statements</strong><br />
39 Independent Auditors’ <strong>report</strong><br />
40 Consolidated income statement<br />
41 Consolidated balance sheet<br />
42 Consolidated statement of recognised<br />
income and expense<br />
43 Consolidated cash fl ow statement<br />
44 Signifi cant accounting policies<br />
51 Notes to the fi nancial <strong>statements</strong><br />
75 Company balance sheet<br />
76 Company reconciliation of movements<br />
in Shareholders’ funds<br />
77 Notes to the Company fi nancial<br />
<strong>statements</strong><br />
Company information<br />
IBC Advisers and fi nancial calendar<br />
<strong>Cosalt</strong> <strong>plc</strong> <strong>Annual</strong> <strong>report</strong> & fi nancial <strong>statements</strong> <strong>2008</strong><br />
01
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