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 />
FROM LIGHTNING<br />
TO LIGHTING<br />
ZAP! He fainted and fell <strong>to</strong> <strong>the</strong> ground,<br />
his kite lying lifeless beside him.<br />
Benjamin Franklin had done it. He had<br />
proven that lightning produces electricity,<br />
and had managed <strong>to</strong> s<strong>to</strong>re it within a<br />
metal key.<br />
Although electricity was discovered much<br />
earlier, it was a novelty <strong>to</strong> use. Benjamin<br />
Franklin is <strong>to</strong> be thanked for <strong>the</strong> creation<br />
of <strong>the</strong> lightning rod, entrapping a natural<br />
source of electricity, and acting as a<br />
conduc<strong>to</strong>r that is <strong>to</strong> be used in <strong>the</strong> daily<br />
routine of ordinary folks.<br />
LAND OF<br />
THE BRAVE<br />
It was all an accident. Chris<strong>to</strong>pher<br />
Columbus didn’t mean <strong>to</strong> wash up on<br />
<strong>the</strong> shores of <strong>the</strong> Americas. A trader r by<br />
profession, Chris<strong>to</strong>pher and his bro<strong>the</strong>r,<br />
Bartholomew, wanted <strong>to</strong> gain riches<br />
from East Asia. The infamous Silk Road<br />
crossing had proven <strong>to</strong> be dangerous,<br />
and a trip around <strong>the</strong> South African coast<br />
would prove <strong>to</strong>o lengthy. So straight<br />
across <strong>the</strong> Atlantic Ocean he went.<br />
In his original calculations, he thought<br />
that Asia would be 2,400 miles from<br />
Portugal. He was way off. It was actually<br />
10,000 miles away! Not <strong>to</strong> mention <strong>the</strong><br />
huge continent in between.<br />
America. Known as <strong>the</strong> fa<strong>the</strong>r of <strong>the</strong> new<br />
world, on his next visit he introduced<br />
horses <strong>to</strong> <strong>the</strong> people <strong>the</strong>re, as a mode of<br />
transportation and conquest.<br />
MOONWALKER<br />
“That’s one small step for Man, one giant<br />
leap for Mankind.”<br />
His<strong>to</strong>ry was made on July 21st, 1969,<br />
when Neil Armstrong stepped out from<br />
his spacecraft and made <strong>the</strong> first footprint<br />
on <strong>the</strong> lunar surface. Toge<strong>the</strong>r with Buzz<br />
Aldrin, <strong>the</strong> second man <strong>to</strong> walk on <strong>the</strong><br />
moon, <strong>the</strong>y collected actual moon rocks<br />
and spent over 21 hours on <strong>the</strong> uneven<br />
craters of <strong>the</strong> moon.<br />
BEAN RUSH<br />
COFFEE PLANTS<br />
OPTIMALLY THRIVE IN<br />
THE TROPICS. BETWEEN<br />
THE TROPICS OF CANCER<br />
AND CAPRICORN, ALL 65<br />
COUNTRIES WHERE COFFEE IS<br />
GROWN ARE FOUND ALONG<br />
THIS EQUATOR REGION.<br />
COFFEE BEANS DON’T<br />
COME IN SHADES<br />
OF BROWN; STARTING<br />
OUT YELLOW, THEY RIPEN<br />
INTO A RED BERRY, WHICH<br />
IS THEN HANDPICKED TO<br />
HARVEST. A WATER SOAKING<br />
PROCESS DE-SHELLS THE RED<br />
BERRY, UNVEILING THE FINAL<br />
PRODUCT: A RAW GREEN<br />
COFFEE BEAN.<br />
COFFEE CAN ACTUALLY<br />
BE USED TO FUEL A<br />
CAR. THOUGH MAYBE NOT<br />
VERY EFFICIENTLY AT THE<br />
MOMENT, IT IS NICE TO KNOW<br />
THAT THERE IS AN ALTERNATIVE<br />
OUT THERE THAT CAN NOT<br />
ONLY FUEL OUR BODIES BUT<br />
OUR VEHICLES TOO.<br />
COFFEE IS THE SECOND<br />
MOST TRADED<br />
COMMODITY IN THE<br />
WORLD, SECOND ONLY<br />
TO OIL, AND NOW THAT WE<br />
KNOW IT CAN BE USED AS A<br />
SOURCE OF FUEL IT PROBABLY<br />
WON’T BE TOO LONG BEFORE<br />
IT’S NUMBER 1.<br />
This new world brought new<br />
opportunities, and he was <strong>the</strong> first<br />
European explorer <strong>to</strong> conquer North<br />
03