Hyder Consulting PLC Annual Report 2012

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Our strategy Our aim is to be the trusted partner of valued clients creating exceptional solutions worldwide. Overview: Our strategy is to offer core services to key clients; operating in geographies where market dynamics, our long established track record, and our professional expertise differentiate us from our competitors. We are differentiated through our ability to provide technical excellence from design teams located local to and remote from the client. By taking advantage of our common business systems, we can rapidly mobilise tailored design teams and collaborate geographically to solve client needs across our multinational network. We operate three design excellence centres to support our client facing operations in our five regions: a long-established design centre in the Philippines which undertakes the design of highways and property projects, a centre in India for the design of utility and rail projects, and a third centre in Bulgaria opened in 2011 to support our German business. These centres now employ over 300 people (8% of group headcount) and Our vision is to be the next evolution in design and engineering consultancy. provide access to a pool of qualified engineering resources at a lower cost than in certain of our end markets. We anticipate further growth in these design excellence centres in the year ahead. We want to expand both organically and through strategic acquisitions which will enhance our professional expertise and competitiveness in core markets and sectors. During the year we have completed three strategic acquisitions in attractive markets and geographies: ESR Technology, an energy business in the UK, the SAK infrastructure business in Saudi Arabia, and GW Engineers in Australia which operates in the resources sector. Our strategy is underpinned by our determination to achieve a common culture and shared values with our people, clients and the communities in which we operate. By adhering to a common strategy and clear direction across the group, Hyder is now well positioned in its chosen markets with selected key clients. Hyder Consulting PLC Annual Report 2012 1
Our strategy continued Who we are: Hyder is a leading multinational design and engineering consultancy offering infrastructure, property, and environmental solutions. As one of the world’s longest established engineering consultancies, with a 150 year heritage, we have created landmark designs across the globe including the Sydney Harbour Bridge, the Cairo wastewater scheme and London’s Tower Bridge amongst many others. Whilst our history dates back more than 150 years, in recent years we have designed the world’s tallest building, Burj Khalifa, Australia’s Go Between Bridge, Qatar’s Capital Market Tower, Frankfurt Airport’s new runway, Taiwan’s high speed rail network, and undertaken landscaping work on the ‘greening’ of Hong Kong. Client facing market Design excellence centre 2 Hyder Consulting PLC Annual Report 2012 UK Bulgaria Middle East Germany Where we operate: We have client facing offices in our five regional centres; the UK, Germany, the Middle East, Asia and Australia. We have been operating as a multinational for over a century outside the UK with more than 100 years experience in China, 80 years in Germany, 70 years in Australia and 50 years in the Middle East. We also operate three design excellence centres to support our client facing operations in the five regions: a long-established design centre in the Philippines which undertakes the design of highways and property projects, a centre in India for the design of utility and rail projects, and a third centre in Bulgaria opened in 2011 to support our German business. These design excellence centres provide the group with access to a pool of qualified engineering resources. India Australia Asia Philippines
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Page 3: Contents 1 10 13 13 32 35 Company O
Page 7 and 8: Our strategy continued Our structur
Page 9 and 10: Our strategy continued Our strategy
Page 11 and 12: Key Performance Indicators Inner We
Page 13 and 14: Results The order book increased su
Page 15 and 16: Chairman’s Statement continued M2
Page 17 and 18: Directors’ Report Business Review
Page 21 and 22: On the right track: Crossrail In Se
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Page 35 and 36: Directors and Advisors Directors Si
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Page 39 and 40: Chairman’s introduction I am plea
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Page 45 and 46: Directors’ Report Corporate Socia
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Directors’ Report Corporate Socia
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Improving the scenery: Hong Kong Gr
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Business Review The company is the
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Directors’ Report General Informa
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Directors’ Report Directors’ Re
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Independent Auditors’ Report to T
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CONSOLIDATED INCOME STATEMENT FOR T
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CONSOLIDATED CASH FLOW STATEMENT FO
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1. PRINCIPAL ACCOUNTING POLICIES Th
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1. PRINCIPAL ACCOUNTING POLICIES co
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1. PRINCIPAL ACCOUNTING POLICIES co
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2. SEGMENTAL ANALYSIS BY LOCATION O
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4. NET FINANCE INCOME 86 Hyder Cons
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6. EARNINGS PER SHARE (a) Number of
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8. GOODWILL 2012 2011 £’000 £
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10. PROPERTY, PLANT AND EQUIPMENT F
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11. TRADE AND OTHER RECEIVABLES con
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15. FINANCIAL INSTRUMENTS The group
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15. FINANCIAL INSTRUMENTS continued
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15. FINANCIAL INSTRUMENTS - DISCLOS
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17. DEFERRED TAX Deferred tax is ca
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20. SHARE BASED PAYMENTS Share opti
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22. OTHER RESERVES 106 Hyder Consul
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24. ACQUISITIONS The group purchase
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25. EMPLOYEE COSTS (a) Employee cos
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26. POST EMPLOYMENT BENEFITS contin
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26. POST EMPLOYMENT BENEFITS contin
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29. RELATED PARTY TRANSACTIONS The
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INDEPENDENT AUDITORS’ REPORT TO T
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PRINCIPAL ACCOUNTING POLICIES The F
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6. CALLED UP SHARE CAPITAL Issued a
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11. SHARE BASED PAYMENTS Share opti
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NON-STATUTORY INFORMATION - SUMMARY
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Hyder Consulting PLC Annual Report 2012

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