PMETAL AR 2022 |
1 |
PRESS METAL OVERVIEW |
6 |
Our Corporate Values |
6 |
Our Integrated Value Chain |
7 |
STRATEGIC AND PERFORMANCE REVIEW |
10 |
Chairman’s Statement |
11 |
Management Discussion & Analysis by Group CEO |
14 |
Key Performance Indicators |
25 |
Press Metal Highlights 2022 |
26 |
LEADERSHIP & GOVERNANCE |
30 |
Corporate Information |
30 |
Profile of Directors |
32 |
Profile of Key Senior Management,
Key Operating Management and Country Heads |
38 |
Corporate Governance Overview Statement |
42 |
Directors’ Responsibility Statement |
65 |
Additional Compliance Information |
66 |
Audit Committee Report |
68 |
Statement on Risk Management and Internal Control |
74 |
SUSTAINABILITY REPORT |
80 |
FINANCIAL STATEMENTS |
197 |
Directors’ Report |
198 |
Statements of Financial Position |
204 |
Statements of Profit or Loss and Other Comprehensive Income |
206 |
Consolidated Statement of Changes
in Equity |
208 |
Statement of Changes in Equity |
210 |
Statements of Cash Flows |
211 |
Notes to the Financial Statements |
217 |
1. Basis of preparation |
217 |
2. Significant accounting policies |
219 |
3. Property, plant and equipment |
236 |
4. Right-of-use assets |
240 |
5. Investment properties |
241 |
6. Intangible assets |
243 |
7. Investments in subsidiaries |
245 |
8. Investments in associates |
250 |
9. Other investments |
254 |
10. Derivative financial assets/(liabilities) |
254 |
11. Deferred tax assets/(liabilities) |
256 |
12. Trade and other receivables |
259 |
13. Inventories |
260 |
14. Contract assets/(liabilities) |
260 |
15. Cash and BANK BALANCES |
260 |
16. Capital and reserves |
261 |
17. Loans and borrowings |
262 |
18. Provisions |
266 |
19. Trade and other payables |
267 |
20. Revenue |
267 |
21. Finance income |
271 |
22. Finance costs |
271 |
23. Profit before tax |
272 |
24. Tax expense |
273 |
25. Other comprehensive income/(expense) |
275 |
26. Earnings per ordinary share |
276 |
27. Dividends |
276 |
28. Operating segments |
277 |
29. Financial instruments |
282 |
30. Capital management |
309 |
31. Capital and other commitments |
310 |
32. Related parties |
310 |
33. Business combinations |
311 |
34. Interest in joint operation |
313 |
Statement by Directors |
314 |
Statutory Declaration |
314 |
Independent Auditors’ Report |
315 |
LIST OF PROPERTIES |
319 |
ANALYSIS OF SHAREHOLDINGS |
320 |
NOTICE OF ANNUAL GENERAL MEETING |
324 |