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1、Annual report 2006Unlocking the value of legacyContents2 Group at a glance4 Chairmans statement5 Chief Executive Officers business review6 A view of our market8 Chief Financial Officers review10 Board of directors 12 Directors report14 Corporate governance19 Corporate and social responsibility20 Rem
2、uneration report26 Statement of Directors responsibilities27 Independent auditors report to the membersof Micro Focus International Plc (Group)28 Consolidated income statement29 Consolidated balance sheet30 Consolidated statement of changes inshareholders equity31 Consolidated cash flow statement32
3、Summary of significant accounting policies37 Critical accounting estimates and judgements38 Risk factors39 Notes to the financial statements59 Independent auditors report to the members of Micro Focus International Plc(Company)60 Company balance sheet61 Notes to the Company financial statements67 Di
4、rectors,Secretary,registered office and advisers68 Offices69 Glossary71 Historical summary1Micro Focus,founded in 1976,is a leading provider of legacy development and deployment software.Our solutions enable our customers,which include over 90%of the Fortune“Global 100”companies,to continue to gain
5、value from their legacy ofinvestment in business applications.We serve more than 5,000 companies and one million licensedusers.Our corporate customers provide service to hundreds ofmillions of consumers and business users in all the majoreconomies of the world,especially North America,Japan andEurop
6、e.We also work with a variety of partners,includingsystems integrators,platform providers,resellers and othertechnology companies,to extend our capabilities.Our ability to deliver evolutionary and cost-effective solutions issustained by our commitment to remaining at the forefront oftechnology and p