PV Crystalox Solar plc (PVCS) 2015年年度报告「LSE」.pdf

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1、PV Crystalox Solar PLCAnnual report and accounts 2015PV Crystalox Solar is a long established supplier tothe global photovoltaic industry,producing multicrystalline silicon wafers for use in solar electricity generation systems.About us and highlightsStrategic reportIFC About us and highlights01 Cha

2、irmans introduction02 Operational and financial review06 The current market08 Our strategy and KPIs10 Risk management and principal risks12 Corporate responsibilityGovernance14 Chairmans introduction to governance15 Corporate governance statement17 Directors18 Report of the Nomination Committee19 Di

3、rectors remuneration report27 Report of the Audit Committee29 Directors report31 Statement of directors responsibilitiesFinancial statementsConsolidated financial statements32 Independent auditors report36 Consolidated statement of comprehensive income37 Consolidated balance sheet38 Consolidated sta

4、tement of changes in equity39 Consolidated cash flow statement40 Notes to the consolidated financial statementsCompany financial statements59 Independent auditors report 61 Accounting policies63 Company balance sheet64 Company cash flow statement65 Notes to the Company financial statementsShareholde

5、r information72 AdvisersNet cash12.7m2014:24.6mRevenues64.5m2014:53.3mInventories23.2m2014:28.6mNet cash used in operating activities(12.9)m2014:(15.7)mLBT(losses before taxation)(13.7)m2014:(4.7)mFind more online Highlights Shipment volumes broadly unchanged at 203MW(2014:212MW)Strategy review peri

6、od extended in view of improved market conditions Further restructuring measures to reduce fixed costs Burden of major long term polysilicon contract removed ICC arbitration evidentiary hearing scheduled for July 2016Strategic reportGovernanceFinancial statements01PV Crystalox Solar PLCAnnual report