Capital and Regional PLC (CAL) 1999年年度报告「LSE」.pdf

1、Capital and Regional Properties plcAnnual Report 1999Capital and Regional Properties plc Annual Report 19997632 C&R Cover 1999 5/10/00 12:46 pm Page 1Designed and produced by Radley YeldaCapital&Regional invests in and manages properties,which are dynamic in their retail and leisureopportunities.Pro

2、perties which the consumer visits,enjoys and where they spend money.We have built a skilled and specialised team of people,focused on providing a Leading Edge approachto the management and marketing of our properties.Capital&Regional works in partnership with tenants and local communities to increas

3、e footfall,help to buildoccupiers profits and so add value to our business.This strategy will secure long term sustainable growthand provide investor returns at the forefront of the sector.Contents1 1999 Highlights2 Chairmans Statement16 Operating Review24 Principal Properties26 Our People28 Board o

4、f Directors30 Financial Review34 Five Year Record35 Report on Directors Remuneration and Interests39 Corporate Governance Statement41 Auditors Report42 Consolidated Profit and Loss Account43 Note of Historical Cost Profits and Losses 43 Statement of Total Recognised Gains and Losses43 Reconciliation

5、 of Movements inShareholders Funds44 Consolidated Balance Sheet45 Consolidated Cash Flow Statement 46 Company Balance Sheet47 Notes to the Financial Statements61 Directors Report63 All-Employee Share Ownership Plan66 Notice of the Annual General Meeting67 Advisers and Corporate Information 68 2000 F

6、inancial Calendar/Final Dividend Timetable7632 C&R Cover 1999 5/10/00 12:42 pm Page 21 Capital and Regional Properties plcFully diluted net assets per share increased by 17%to 376p(1998:18%to 321p)Net rental income up 18%to 45.5m(1998:38.5m)Profit on revenue activities at 10.4m,up 49%(1998:7.0m),exc