notes to the financial statements - Food Empire Holdings Limited
notes to the financial statements - Food Empire Holdings Limited
notes to the financial statements - Food Empire Holdings Limited
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<strong>Food</strong> <strong>Empire</strong> <strong>Holdings</strong> <strong>Limited</strong> Annual Report 2012<br />
CONTENTS<br />
02<br />
INTRODUCTION<br />
VOYAGE OF DISCOVERIES<br />
A timeline of discovery from around<br />
<strong>the</strong> globe.<br />
04<br />
CORPORATE PROFILE<br />
EVERYTHING YOU NEED<br />
TO KNOW ABOUT FOOD<br />
EMPIRE, AND MORE!<br />
Who and what is <strong>Food</strong> <strong>Empire</strong>? Let us give<br />
you <strong>the</strong> lowdown on <strong>the</strong>ir rise <strong>to</strong> superiority<br />
throughout <strong>the</strong> world.<br />
06<br />
EXECUTIVE CHAIRMAN’S MESSAGE<br />
FRONTIER<br />
With great power comes great<br />
responsibility.<br />
10<br />
CEO’S STATEMENT<br />
PERSPECTIVE<br />
Taking on a new portfolio and adding<br />
value <strong>to</strong> a growing empire.<br />
11<br />
FINANCIAL HIGHLIGHTS<br />
THE YEAR IN NUMBERS<br />
A play-by-play on <strong>the</strong> year’s <strong>to</strong>p <strong>financial</strong><br />
highlights for easy reference.<br />
12<br />
OPERATIONS REVIEW<br />
MAGNIFYING STRENGTHS<br />
Plotting <strong>the</strong> next move through research,<br />
development and sustainable strategies.<br />
16<br />
MARKETING ACTIVITIES<br />
CREATING BUZZ<br />
Sheer hard work does pay off, and <strong>the</strong><br />
reward would be <strong>to</strong> party up and boogie<br />
down with <strong>the</strong> FE crew!<br />
20<br />
GLOBAL PRESENCE<br />
COAST TO COAST<br />
Setting foot on new terri<strong>to</strong>ries.<br />
22<br />
NEW PRODUCTS<br />
MAKE WAY FOR THESE<br />
NEW WINNERS<br />
Lining <strong>the</strong> shelves with tasty new treats and<br />
sweets that will tickle all taste buds!<br />
24<br />
BOARD OF DIRECTORS<br />
THE BUSINESS COLLECTIVE<br />
Shining a light on <strong>the</strong> movers and makers<br />
of <strong>Food</strong> <strong>Empire</strong>.<br />
28<br />
STAFF CONTRIBUTION<br />
EXPLORERS’ TALES<br />
Live vicariously through <strong>the</strong> lives of o<strong>the</strong>rs<br />
as we share our journey of discoveries<br />
with all of you.<br />
31<br />
CORPORATE INFORMATION<br />
THE ESSENTIALS<br />
Call, post or email <strong>the</strong> <strong>Food</strong> <strong>Empire</strong><br />
parliamentary committees.<br />
ALSO IN THIS ISSUE<br />
33 Financial Content 143 Shareholders’ Information 146 Notice of Annual General Meeting & Proxy Form<br />
MISSION STATEMENT<br />
We aim <strong>to</strong> be <strong>the</strong> leading global food and beverage company providing quality products and services.<br />
We will achieve this goal as we have <strong>the</strong> people, <strong>the</strong> passion and <strong>the</strong> enterprising spirit <strong>to</strong> make a difference.<br />
01