Carphone Warehouse 2008 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2008 Carphone Warehouse annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 94

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94

www.cpwplc.com 1
The Carphone Warehouse is
Europe's leading independent
retailer of mobile phones and
services, with over 2,400
stores in 9countries.
Over the past 5years,
The Carphone Warehouse has
built up a substantial Fixed
Line business, which already
contributes a significant
proportion of the Group’s
profits and is set to be
a major driver of future
profitable growth.
Highlights
2008 Highlights 2
Group Overview 4
Chairman’s Statement 6
Directors’ Report: Business Review
Chief Executive’s Review 7
Operating Review 11
Key Performance Indicators 11
Performance Update 12
Distribution 13
UK Fixed Line 16
Other Financial Information 18
Principal Risks and Uncertainties 21
Corporate Responsibility 22
Directors’ Report: Governance
Board of Directors and Group Advisors 26
Corporate Governance 28
Remuneration Report 32
Other Statutory Information 39
Statement of Directors’ Responsibilities 40
Financial Statements
Independent Auditors’ Report 41
Consolidated Income Statement 42
Consolidated Statement of Changes in Equity 42
Consolidated Balance Sheet 43
Consolidated Cash Flow Statement 44
Notes to the Financial Statements 45
Five Year Record 73
Statement of Directors’ Responsibilities
on the Company Financial Statements 74
Independent Auditors’ Report on the
Company Financial Statements 75
Company Balance Sheet 76
Notes to the Company Financial Statements 77
Financial Calendar 81
Contents
To find out more about The Carphone Warehouse Group PLC visit:
www.cpwplc.com