Experian 2008 Annual Report Download - page 45
Download and view the complete annual report
Please find page 45 of the 2008 Experian 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.-
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
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
 |
 |
43Experian Annual Report 2008
Introduction
2 – 5
Business review
6 – 37
Financial statements
65 – 144
Governance
Directors’ report
Governance
Directors’ report
Creditor payment
For all trade creditors, it is Group policy to:
Agree and confirm the terms of payment at the commencement of business with that supplier;
l
Pay in accordance with any contract agreed with the supplier or as required by law; and l
Review continually the payment procedures and liaise with suppliers as a means of eliminating difficulties and l
maintaining a good working relationship.
Trade creditors of the Group at 31 March 2008 were 39 days based on the ratio of Group trade creditors at the end of
the year to the amounts invoiced during the year by trade creditors. The Company has no trade creditors.
Going concern
After making enquiries, the directors have formed a judgment at the time of approving the financial statements
that there is a reasonable expectation that the Group and the Company have adequate resources to continue in
operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in
preparing the financial statements.
Relevant audit information
As at 20 May 2008, so far as each director is aware, there is no relevant audit information, being information needed by
the auditors in connection with preparing their report, of which the auditors are unaware and each director has taken
all steps that he/she ought to have taken as a director in order to make himself/herself aware of any relevant audit
information and to establish that the auditors are aware of that information.
Annual general meeting
The second annual general meeting of the Company will be held at the Four Seasons Hotel, Simmonscourt Road,
Dublin 4, Ireland at 9.30am on Wednesday 16 July 2008. Shareholders who are unable to attend in person may
submit questions beforehand via email to agmquestions@experiangroup.com or on the prepaid card sent to
shareholders with the notice of meeting. The questions will be addressed at the meeting, via the Company’s website
at www.experiangroup.com or individually as appropriate. The notice of meeting is included in a separate circular
to shareholders which accompanies this annual report. It is also available on the Company’s website at www.
experiangroup.com.
Auditors
The auditors, PricewaterhouseCoopers LLP, have indicated their willingness to continue in office and a resolution that
they be re-appointed as auditors of the Company will be proposed at the annual general meeting.
By order of the board
Charles Brown
Company Secretary
20 May 2008
Corporate headquarters:
Newenham House
Northern Cross
Malahide Road
Dublin 17
Ireland
Registered office:
22 Grenville Street
St Helier
Jersey JE4 8PX