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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

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