Download Annual Report 2005 (PDF) - Sembcorp

More documents

Recommendations

Info

Left to right: Top row: Peter Seah Lim Huat, Tang Kin Fei, Goh Geok Ling, K Shanmugam Middle row: Richard Hale, OBE, Yong Ying-I, Dr Vichit Suraphongchai, Colin Au Fook Yew Bottom row: Evert Henkes, Lee Suet Fern, Lua Cheng Eng (Mr Lua vacated his office of Director on February 14, 2006) LEADERSHIP LEADERSHIP 23
Board of Directors Peter Seah Lim Huat Chairman Appointed July 29, 1998. As non-executive Chairman, Mr Seah is responsible for the leadership of the Board, ensuring its effectiveness on all aspects of its role and setting its agenda. Mr Seah heads the Board’s Executive Committee, Executive Resource & Compensation Committee and Nominating Committee. Currently, Mr Seah is also Chairman of ST Engineering and Singapore Computer Systems. His listed directorships include membership on the boards of Alliance Bank Malaysia Berhad, Siam Commercial Bank, CapitaLand, Chartered Semiconductor Manufacturing, Global Crossing, StarHub and STATS ChipPAC. In addition, Mr Seah is also on the boards of the Government of Singapore Investment Corporation and the National Kidney Foundation. He acts as an advisor to Temasek Holdings, and serves as the Vice President of the Singapore Chinese Chamber of Commerce and Industry and Treasurer to the Singapore Business Federation. Mr Seah holds a B Admin (Honours) from the University of Singapore. Tang Kin Fei Group President & CEO Appointed May 1, 2005. Mr Tang is the Group President and CEO of SembCorp Industries. Prior to assuming this office in May 2005, he was President and CEO of SembCorp Utilities and the key driver behind the evolution of SembCorp’s integrated utilities and energy business into a global leader in the market. Notably, he spearheaded the development of Singapore’s first multi-utility facility on Jurong Island as well as the nation’s first privately developed power plant. Mr Tang also drove the landmark West Natuna Gas Sales Agreement for the import of natural gas into Singapore and forged the expansion of SembCorp Utilities overseas. Mr Tang serves as a director on the board of BIL International Limited, International Enterprise Singapore as well as major companies and overseas associates of the SembCorp Group. Mr Tang holds a First Class Honours degree in Mechanical Engineering from the University of Singapore and attended the Advanced Management Programme at INSEAD. Goh Geok Ling Director Appointed May 3, 2000. Mr Goh serves on the Board’s Executive, Executive Resource & Compensation and Nominating Committees. He is Chairman of SembCorp Marine and sits on the boards of DBS Bank, DBS Group Holdings, Venture Corporation, Plato Capital and 02Micro International. In addition, Mr Goh serves as a Council Member of Nanyang Technological University. He holds a B Eng from the University of Sydney, Australia. K Shanmugam Director Appointed July 29,1998. Mr Shanmugam serves on the Board’s Audit, Risk, Executive Resource & Compensation and Nominating Committees. He is a senior partner and Head of Litigation at Allen & Gledhill and was appointed a Senior Counsel in 1998. Mr Shanmugam is also a Member of Parliament for Sembawang GRC. Concurrently, he is a board member of the Media Development Authority of Singapore and the Criminal Law Advisory Committee of Singapore. Mr Shanmugam holds an LLB (Honours, First Class) from the National University of Singapore. Richard Hale, OBE Director Appointed September 1, 2000. Mr Hale took over as Chairman of the Board’s Audit and Risk Committees from Mr Lua Cheng Eng with effect from February 14, 2006. Prior to that he was a member of both committees. Mr Hale is a non-executive director of CapitaLand, Wheelock Properties (Singapore), The Ascott Group, SembCorp Logistics and Wildlife Reserves Singapore. He was previously a director and CEO Singapore of The Hongkong and Shanghai Banking Corporation. Mr Hale was educated at Radley College, Abingdon, UK. 24 SEMBCORP INDUSTRIES ANNUAL REPORT 2005
Page 1 and 2: SembCorp Industries Annual Report 2
Page 3 and 4: Our Shanghai Caojing Cogeneration p
Page 5 and 6: Performance at a glance Our Phu My
Page 7 and 8: Contents Jurong Island (pictured) i
Page 9 and 10: (Pictured) Deep Driller 1, the firs
Page 11 and 12: 10 SEMBCORP INDUSTRIES ANNUAL REPOR
Page 13 and 14: Chairman’s Statement 12 SEMBCORP
Page 15 and 16: Chairman’s Statement has played a
Page 17 and 18: CEO’s Review 16 SEMBCORP INDUSTRI
Page 19 and 20: CEO’s Review our service offering
Page 23: Board of Directors 22 SEMBCORP INDU
Page 27 and 28: Board of Directors Name Past direct
Page 29 and 30: Key Executives 28 SEMBCORP INDUSTRI
Page 31 and 32: Key Executives Tang Kin Fei Group P
Page 33 and 34: Key Executives Corporate Management
Page 35 and 36: A pioneer of the multi-utility conc
Page 39 and 40: Group Financial Review Strong growt
Page 41 and 42: Group Financial Review PATMI (befor
Page 45 and 46: Organisational Overview SembCorp In
Page 47 and 48: Significant Events in 2005 JANUARY
Page 50 and 51: Special Feature Focused on Utilitie
Page 53 and 54: Strong Performance Special Feature
Page 55 and 56: Strong Performance Special Feature
Page 57: 56 SEMBCORP INDUSTRIES ANNUAL REPOR
Page 60 and 61: Focused on Utilities We provide one
Page 62 and 63: Focused on Utilities We believe tha
Page 65: 64 SEMBCORP INDUSTRIES ANNUAL REPOR
Page 68 and 69: Focused on Utilities Working togeth
Page 70 and 71: Focused on Utilities Fundamental to
Page 72 and 73: Focused on Utilities Our Key Produc
Page 74 and 75:
(Pictured) SembCorp Utilities’ Sh
Page 76 and 77:
Value In this section Operating and
Page 78 and 79:
(Pictured) SembCorp Cogen, our gas-
Page 80 and 81:
As the construction of our new faci
Page 82 and 83:
This fifth generation ultra-deepwat
Page 84 and 85:
Contracts secured in 2005 Month Val
Page 86 and 87:
With some of its warehouses reachin
Page 88 and 89:
in eastern China by leasing 13,000
Page 90 and 91:
(Pictured) SembCorp Environmental M
Page 92 and 93:
waste paper market in China when we
Page 94 and 95:
SembCorp Engineers and Constructors
Page 96 and 97:
Significant contracts in orderbook
Page 98 and 99:
Sustainability In this section - Co
Page 100 and 101:
via audio-visual communication at B
Page 102 and 103:
The ExCo is chaired by Mr Peter Sea
Page 104 and 105:
Risk Committee (RC) In 2005, the RC
Page 106 and 107:
The Board has separate and independ
Page 108 and 109:
Internal audit Independent internal
Page 110 and 111:
(Pictured) Shareholders voting at o
Page 112 and 113:
SembCorp Utilities’ gas unit supp
Page 114 and 115:
SembCorp Group’s environmental bu
Page 116 and 117:
Certification systems in place in t
Page 118 and 119:
Innovation and quality circles at S
Page 120 and 121:
Health and safety During the outbre
Page 122 and 123:
KPI 1: SembCorp Industries - Charit
Page 124 and 125:
KPI 5: SembEnviro - Vehicle acciden
Page 126 and 127:
(Pictured) Advanced firefighting ma
Page 128 and 129:
The status of ERM implementation in
Page 130 and 131:
Treasury management The Group’s f
Page 132 and 133:
Financing & Treasury Highlights Gro
Page 134 and 135:
Leveraging technology for greener e
Page 136 and 137:
(Pictured) Site visit by analysts t
Page 138 and 139:
developments in our Company. We als
Page 140 and 141:
For the year, our shares averaged S
Page 142 and 143:
At SembCorp, team sports help to pr
Page 144 and 145:
Corporate headquarters reorganisati
Page 146 and 147:
Performance In this section Statuto
Page 148 and 149:
Directors’ Report Year ended Dece
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
Page 160 and 161:
Page 162 and 163:
Page 164 and 165:
Page 166 and 167:
Page 168 and 169:
Page 170 and 171:
Report of the Auditors to the Membe
Page 172 and 173:
Consolidated Profit and Loss Accoun
Page 174 and 175:
Consolidated Statement of Changes i
Page 176 and 177:
Consolidated Statement of Cash Flow
Page 178 and 179:
Notes to the Financial Statements Y
Page 180 and 181:
Page 182 and 183:
Page 184 and 185:
Page 186 and 187:
Page 188 and 189:
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Page 218 and 219:
Page 220 and 221:
Page 222 and 223:
Page 224 and 225:
Page 226 and 227:
Page 228 and 229:
Page 230 and 231:
Page 232 and 233:
Page 234 and 235:
Page 236 and 237:
Page 238 and 239:
Page 240 and 241:
Page 242 and 243:
Page 244 and 245:
Page 246 and 247:
Page 248 and 249:
Page 250 and 251:
Page 252 and 253:
Page 254 and 255:
Page 256 and 257:
Page 258 and 259:
Page 260 and 261:
Page 262 and 263:
Page 264 and 265:
Page 266 and 267:
Page 268 and 269:
Supplementary Information Year ende
Page 270 and 271:
EVA Statement Year ended December 3
Page 272 and 273:
Five-Year Performance Financials Tu
Page 274 and 275:
Five-Year Performance Productivity
Page 276 and 277:
Five-Year Performance Value Added S
Page 278 and 279:
Quarterly Performance Group Quarter
Page 280 and 281:
Corporate Information Board of Dire
Page 282 and 283:
Notice of Annual General Meeting 2.
Page 284 and 285:
Corporate Directory SembCorp Indust
Page 286 and 287:
Corporate Directory SembCorp (Malay
Page 288 and 289:
Proxy Form SembCorp Industries Ltd
show all

Download Annual Report 2005 (PDF) - Sembcorp

Create successful ePaper yourself

Delete template?

Save as template?