1、Micro Focus International plcAnnual Report and Accounts 2009LEADING THE EVOLUTIONMicro Focus International plcAnnual Report and Accounts 2009ifc1Key highlights 2009ContentsIFC Key highlights 200902 Focused on growth 02 Revenue growth 04 Adjusted EBITDA growth 06 Growth in cash generation08 Our custo
2、mer offer10 Chairmans statement Business review12 Chief Executive Offi cers statement 13 Operational review 17 Group risk factors 18 Corporate and social responsibility20 Chief Financial Offi cers review 25 Leading with our people 26 Getting close to our customers 28 Building the brand 31 Modernizat
3、ion leadershipManagement and governance32 Board of directors34 Directors report38 Corporate governance42 Remuneration report48 Key performance indicators(KPIs)49 Statement of directors responsibilities in respect of the annual report,the directors remuneration report and the fi nancial statementsCon
4、solidated fi nancial statements and notes50 Independent auditors report to the members of Micro Focus International plc51 Consolidated income statement52 Consolidated balance sheet53 Consolidated statement of changes in shareholders equity54 Consolidated cash fl ow statement55 Summary of signifi can
5、t accounting policies61 Notes to the fi nancial statements79 Independent auditors report to the members of Micro Focus International plc80 Company balance sheet81 Notes to the Company fi nancial statements Additional information85 Offi ces86 Historical summary87 Directors,Secretary,registered offi c
6、e and advisers88 Forward-looking statementsIBC Find out more*In assessing the performance of the business the directors use Adjusted EBITDA,Adjusted operating profi t,Adjusted profi t before tax and Adjusted earnings per share,being the relevant statutory measures,prior to exceptional items,amortisa