Annual Report & Accounts 2006 - Euromoney Institutional Investor ...

Welcome toEuromoneyEuromoney Institutional Investor PLC is listed on theLondon Stock Exchange and a member of the FTSE-250 shareindex. It is a leading international business-to-business mediagroup focused primarily on the international finance sector.It publishes more than 70 magazines, newsletters andjournals, including the leading financial market titlesEuromoney and Institutional Investor. It also runs an extensiveportfolio of conferences, seminars and training courses andis a leading provider of electronic information and datacovering international finance and emerging markets.Its main offices are located in London, New York andHong Kong and nearly half its revenues and profits arederived from the United States. On October 5 2006,Euromoney completed the acquisition of Metal Bulletin plcfor £230 million, its largest acquisition to date.CONTENTSGroup02 Chairman’s Statement06 Directors’ Report18 Directors and Advisors44 Group Statement of Changes in Equity45 Notes to the Accounts72 First time adoption of International FinancialReporting Standards20 Corporate Governance25 Directors’ Remuneration Report38 Independent Auditors’ Report40 Group Income Statement41 Group Balance Sheet42 Group Cash Flow Statement43 Note to the Group Cash Flow StatementCompany80 Independent Auditors’ Report81 Company Balance Sheet82 Notes to the Company Accounts88 Five Year Record89 Internet Sites00 Euromoney Institutional Investor PLC