BBA Group Annual Report 2004 - BBA Aviation

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BBA WORLDWIDE The Group built its aviation and nonwovens businesses by consolidating fragmented markets. The divisions are now global businesses and world leaders in their fields. BUSINESS AVIATION COMMERCIAL AVIATION ENGINE REPAIR SYSTEMS AND SERVICES SERVICES AND OVERHAUL HYDRAULICS Accelerated geographic The world’s leading New PW300/500 engine Contract wins for Airbus expansion in 2004 resulting independent fueller and authorisations and other A320, NH90 helicopter and in 43 US FBO’s, 19 European fourth largest ground contract wins this year Hawk to promote continuing locations and 5 in the rest of handler. expected to add significant growth in our hydraulics and the world. revenues. landing gear business. INDUSTRIAL AND HEALTHCARE CONSUMER CARE A key partner with our many customers in the diverse worldwide industrial and consumer care markets. Improved plant utilisation worldwide.
BBA operates in the Americas, Europe and the Far East. It operates in over 70 cities worldwide in aviation. BUSINESS AVIATION COMMERCIAL AVIATION ENGINE REPAIR PILOT TRAINING AND INDUSTRIAL AND HEALTHCARE SERVICES Unrivalled business aviation services network in 67 worldwide locations. SERVICES Operating in 70 locations including 46 of the world’s top 100 airports. AND OVERHAUL The world’s leading business jet engine repair and overhaul provider, operating AIRPORT SERVICES Improvement in market conditions benefited pilot training business at Oxford CONSUMER CARE Acquired Tenotex with plants in Italy and Spain producing specialty products for a in 13 US and UK locations. Airport, UK. Increased range of markets to business aviation activity complement our portfolio. prompted investment in ramp and hangar space. The world’s leading supplier of engineered products to Fiberweb’s healthcare market.
Page 1 and 2: BBA GROUP ANNUAL REPORT 2004
Page 3 and 4: AT THE HEART OF OUR BUSINESS IS THE
Page 5 and 6: AVIATION Business Aviation £255m S
Page 7 and 8: Operating profit † £140.2m Turno
Page 9 and 10: Roberto Quarta Chairman 7
Page 11 and 12: Roy McGlone Group Chief Executive 9
Page 13 and 14: AVIATION £800m MATERIALS TECHNOLOG
Page 15 and 16: another 6 new airport locations in
Page 17 and 18: situation and better balance the en
Page 19 and 20: In Healthcare, we experienced bette
Page 21 and 22: We will continue to look for assets
Page 23 and 24: Turnover and Operating Profit* Exch
Page 25 and 26: The continued weakness of the US do
Page 27: OUR PORTFOLIO THE FOLLOWING SECTION
Page 31 and 32: SIGNATURE As the leading provider o
Page 33 and 34: ASIG Our ramp side services are vit
Page 35 and 36: APPH Thousands of aircraft, hundred
Page 37 and 38: BBA FIBERWEB BBA Fiberweb facilitie
Page 39 and 40: Board of Directors 38 Directors‘
Page 41 and 42: BOARD OF DIRECTORS 1 2 3 4 5 6 7 8
Page 43 and 44: DIRECTORS’ REPORT Substantial sha
Page 45 and 46: DIRECTORS’ CORPORATE GOVERNANCE R
Page 47 and 48: 6. Information and Professional Dev
Page 49 and 50: Auditor Independence and Audit Effe
Page 51 and 52: DIRECTORS’ REMUNERATION REPORT Th
Page 53 and 54: TSR ranking in Proportion of shares
Page 55 and 56: Table 1 - Emoluments and fees (audi
Page 57 and 58: d. Pension UK The executive directo
Page 59 and 60: INDEPENDENT AUDITORS’ REPORT Inde
Page 61 and 62: GROUP AND COMPANY BALANCE SHEETS GR
Page 63 and 64: RECONCILIATION OF MOVEMENT IN GROUP
Page 65 and 66: Scrip Dividends The option to recei
Page 67 and 68: 2004 2003 Continuing Discontinued T
Page 69 and 70: 2004 2003 2004 2003 pence pence 5 D
Page 71 and 72: Group Company Land and Plant and La
Page 73 and 74: Group Company 2004 2003 2004 2003 1
Page 75 and 76: Group Company 2004 2003 2004 2003 1
Page 77 and 78: 17 DERIVATIVES AND OTHER FINANCIAL
Page 79 and 80:
17 DERIVATIVES AND OTHER FINANCIAL
Page 81 and 82:
19 CAPITAL AND RESERVES - continued
Page 83 and 84:
19 CAPITAL AND RESERVES - continued
Page 85 and 86:
23 PENSIONS AND OTHER POST-RETIREME
Page 87 and 88:
23 PENSIONS AND OTHER POST-RETIREME
Page 89 and 90:
FIVE YEAR SUMMARY Profit and loss a
Page 91 and 92:
SHAREHOLDER INFORMATION ANALYSIS OF
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BBA Group Annual Report 2004 - BBA Aviation

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