SEC Form 20-IS - 7-Eleven

More documents

Recommendations

Info

d) Changes in Control There has been no arrangement which may result in a change in control of the Company. There has been no change in control of the Company since Y2000 or the past 7 years. Item 5. Directors and Executive Officers of the Registrant a) Directors and Corporate Officers The Board of Directors is responsible for the overall management and direction of the Corporation. The Board meets at least twice every year or as needed to review and monitor the Corporation’s financial position and operation. The directors of the Company are elected at the Annual Stockholders meeting to hold office for one (1) year and until the next succeeding annual meeting or until their respective successors have been elected and qualified. The officers are likewise elected annually by the Board of Directors to serve for one (1) year and until their respective successor have been elected and qualified. The members of the Board of Directors and corporate officers of the Company are the following: NAME AGE Term of Present Position No. of Year(s) In Service Business Experience CHIN-YEN KAO Honorary Chairman of the Board 80 8 yrs. 8 yrs. • Chairman - Uni-President Enterprise Corp.; • Chairman - President Chain Store Corporation Citizenship: R.O.C . VICENTE T. PATERNO Chairman of the Board And Director Citizenship: Filipino 83 26 yrs. 26 yrs. • Chairman - Store Sites Holding Inc.; • Director - State Land Investment Inc., First Philippine Holdings Corporation; Benpres Holdings Corporation JOSE VICTOR PATERNO President and Director Citizenship: Filipino 41 4 yrs & 3 mos. 16 yrs. • Chairman & President – Convenience Distribution, Inc; • Former Vice-President for Operation– Philippine Seven Corporation • President & CEO, Philippine Seven Corporation CHIEN-NAN HSIEH Vice Chairman and Director Citizenship: R.O.C. 54 8 yrs. 8 yrs. • Chairman - President Logistics International Corp./ Retail Support Taiwan Corp. • Vice-President - President Chain Store Corporation; • Director - Ren-Hui Investment Corp/ President Organics Co. / Uni-President Cold Chain Corp./ President Drugstore Business Corp/ Uni-President Yellow Hat Corp./ President Information Corp./ Mech-President Corp./ President Transnet Corp./ President Collect Services Corp./ Uni-President Oven Bakery Corp./ Bank-Pro E-Service Technology Co. Ltd./ Retail Support International Corp.. • Supervisor - T & T Supermarket Inc. JORGE L. ARANETA Director 73 20 yrs. 20 yrs. • Chairman & CEO - Araneta Center Inc./ Philippine Pizza Inc./ Progressive Development Corporation Citizenship: Filipino DIANA P. AGUILAR Director Citizenship: Filipino 45 10 yrs. 8 mos. 10 yrs. 8 mos. • Director - Asian Holdings Corporation/ WenPhil Corporation/ Electronic Commerce Payments Network Inc./ Artemis Electronic Systems, Inc./ DAJ Property Holdings Corp./ Gate Distribution Enterprises, Inc./ ERA Philippines, Inc. • Director & Treasurer - Land & Housing Dev’t. Corporation/ Cable Entertainment Corp. • Treasurer - Franchise One Corporation • Board of Trustee – De La Salle Santiago Zobel • Treasurer – Foundation for International Research Skills & Training, Inc. ALFREDO C. RAMOS Independent Director 64 6 yrs. & 7 mos. 20 yrs. • Chairman & President –National Bookstore, Inc./ The Philodril Corp./ Vulcan Industrial & Mining Corp./Atlas Consolidated Mining & Development
Citizenship: Filipino Corp. / Vulcan Material Corp. • Chairman of the Board –Anglo Philippine Holdings Corporation/ Cacho Hermanos, Inc./ The Music One Corp. • President – Abacus Book and Card Corp./ Crossings Department Store, Corp./ Power Books, Inc./ Alakor Corp. • Vice-Chairman – Shang Properties Inc. • Governor – National Bookstore Development Board • Director – North Triangle Depot Commercial Corp. MICHAEL B. ZALAMEA Independent Director Citizenship: Filipino 44 4 yrs. & 5 mos. 4 yrs. & 5 mos. • Director – Active Alliance, Inc./ Philippine Coastal Storage & Pipeline Corp./Clark Pipeline & Depot Company Inc./ Wespak Holdings, Inc. • Former Portfolio Manager – Global Fund, American International Group, Inc. CHUNG-JEN HSU Director Citizenship: R.O.C. 61 8 yrs. 8 yrs. • Chairman - Duskin Serve Taiwan Ltd. Co./ Ren-Hui Investment Corp./ President Information Corp./ Capital Inventory Services Corp./ Wisdom Distribution Services Corp./ Retail Support International Corp./ President DrugStore Business Corp./ BankPro E-Service Technology Co. Ltd./ Mister Donut Taiwan Co./ MUJI (TAIWAN) Co., Ltd./ T & T Supermarket, Inc./ Uni-President Yi-Lian Art and Culture Corp. / Cold Stone Creamery Taiwan Ltd./ President FN Business Corp. • President – President Chain Store Corporation/ Ren Hui Investment Corp. • Director – President Coffee Corp./ Uni-President Department Store Corp./ Mech-President Corp./President Collect Services Co.Ltd. WEN-CHI WU Director Citizenship: R.O.C. 39 6 mos. 6 mos. • Finacial Director – President Chain Store Corporation • Director – President Investment Trust Corp. • Supervisor – Books.com.Co. Ltd/ President Baing Corp./Capital Inventory Services Corp./ Pet Plus Co., Ltd. WEN-CHING LIN Director Citizenship: R.O.C. YEN-SEN YANG Director Citizenship: R.O.C PING-YUN WANG Vice-President Citizenship: R.O.C. YU-HSIU TSAI Treasurer Citizenship: R.O.C. EVELYN SADSAD- ENRIQUEZ Corporate Secretary Citizenship: Filipino 54 4 yrs. & 6 mos. 4 yrs. & 6 mos. • Vice President – President Chain Store Corporation; • Supervisor – President Drugstore Business Corp./ President Transnet Corp./ Mech-President Corp./ Duskin Serve Taiwan Co./ Mister Donut Taiwan Corp. 49 3 yrs. & 6 mos. 3 yrs. & 6 mos. • Vice-President - President Chain Store Corp.; • Director – Duskin Serve Taiwan Co./ 21 Century Enterprise Co., Ltd./ Pet Plus Co., Ltd/ Capital Inventory Services Corp. • Supervisor – President FN Business Corp./ Cold Stone Creamy Taiwan Ltd.,/ President Information Corp./ Uni-President Department Store Corp. 40 2 yrs. 2 yrs. • Vice President for Operations & Marketing • Exec. Committee member- Philippine Seven Corporation • Director –Convenience Distribution, Inc. • 16 years with 7-Eleven Taiwan 49 10 mos. 10 mos. • Vice Pres & Director-Conveniende Distribution Inc.Store • Director- Store Sites Holding Inc. Manager – 7- Eleven President Chain Store • Director – Administrative Department of Starbucks Taiwan • Director – Administrative Department of Starbucks Shanghai • Director – Director Administrative Department Cold Stone Creamery 45 5 yrs. & 5 mos. 19 yrs. • Legal and Corporate Services Division Mgr. - Philippine Seven Corporation • Compliance Officer- Philippine Seven Corporation • Corporate Secretary - Convenience Distribution Inc./ Store Sites Holding, Inc./ Ferguson Park Tower Condominium Corporation, Phil-Seven Foundation, Inc. • President – Columbia Owners’ Association Inc.
Page 1 and 2: COVER SHEET PHILIPPINE SEVEN CORPOR
Page 3 and 4: PHILIPPINE SEVEN CORPORATION 7 th F
Page 5: For the purpose of electing the dir
Page 9 and 10: Ms. Diana P. Aguilar, director of t
Page 11 and 12: Audit Fees. This category includes
Page 13 and 14: ANNEX “A” Management’s Discus
Page 15 and 16: support and collectibles from the f
Page 17 and 18: TOTAL ASSETS P= 2,396,982,724 P= 2,
Page 19 and 20: P= 1,456,836,690 P= 1,344,928,007 I
Page 21 and 22: PHILIPPINE SEVEN CORPORATION AND SU
Page 23 and 24: Franchise revenue climbed to P204 m
Page 25 and 26: More programs are lined up to boost
Page 27 and 28: corporation’s supply chain shall
Page 29 and 30: D. COMPLIANCE WITH LEADING PRACTICE
Page 31 and 32: ANNEX “B” MINUTES OF THE 2007 A
Page 33 and 34: On motion duly made and seconded, t
Page 35 and 36: Chairman: Vicente T. Paterno - Chai
Page 37 and 38: ANNEX “D” Philippine Seven Corp
Page 41 and 42: Stockholders’ Equity Capital stoc
Page 43 and 44: 5,735,199,767 5,255,581,621 4,893,5
Page 45 and 46: Decrease (increase) in: Receivables
Page 49 and 50: Amendments to PAS 27, Consolidated
Page 51 and 52: • PAS 36, Impairment of Assets -
Page 53 and 54: All regular way purchases and sales
Page 55 and 56: Financial liabilities at FVPL are r
Page 57 and 58:
Financial Assets A financial asset
Page 59 and 60:
amount since the last impairment lo
Page 61 and 62:
foreign currency monetary items at
Page 63 and 64:
Classification of Leases a. Finance
Page 65 and 66:
elieves that the assumptions are re
Page 67 and 68:
Costs/Revalued Amount: Beginning ba
Page 69 and 70:
• Market risk premium • Company
Page 71 and 72:
prevailing lender rate. Full settle
Page 73 and 74:
21. Interest Expense 2008 2007 2006
Page 75 and 76:
2007 PSC CDI Total Beginning balanc
Page 77 and 78:
2005 PSC CDI Total Present value of
Page 79 and 80:
term of the lease. Deferred revenue
Page 81 and 82:
e. The reconciliation of the provis
Page 83 and 84:
Fair Value Information Current fina
Page 85 and 86:
Deposits: Utilities - 21,766,646 -
Page 87 and 88:
2008 More than three months Less th
Page 89 and 90:
c. The Group has an agreement with
show all

SEC Form 20-IS - 7-Eleven

Create successful ePaper yourself

Delete template?

Save as template?