Plant Health Care (PHC) 2020年年度报告「LSE」.pdf

1、Plant Health Care plc Annual report and accounts 2020Plant Health Care plcAnnual report and accounts 2020GROWING SUSTAINABLYAT THE HEART OF THE MOVEMENT TOWARDS SUSTAINABLE FOOD PRODUCTIONSTRATEGIC REPORT1 Overview2 2020 in review4 At a glance6 Business model and strategy8 Chairmans statement9ChiefE

2、xecutiveOfficersstatement11 Commercial business14 New technology17 Science19 Environmental matters/sustainability20 Financial summary22 Key performance indicators(“KPIs”)24 Section 172 statement26 Risks and uncertaintiesCORPORATE GOVERNANCE28 Board of Directors30 Corporate governance report33 Audit

3、Committee report34 Remuneration Committee report37 Report of the Directors40 Statement of Directors responsibilitiesFINANCIAL STATEMENTS42 Independent auditors report47 Consolidated statement of comprehensiveincome48 Consolidatedstatementoffinancialposition49 Consolidatedstatementofchangesinequity50

4、 Consolidatedstatementofcashflows51 Notes forming part of the Group financialstatements74 Companystatementoffinancialposition75 Companystatementofchangesinequity76 Notes forming part of the Company financialstatements80 Directors and advisersIN THIS REPORTWe help farmers to feed the worldsustainably

5、.DR CHRISTOPHER RICHARDSChief Executive OfficerLearn more in our business model on page 6Stay up to date on our website at OVERVIEW Plant Health Care is a leading provider of biological products,helping farmers to feed the world sustainably.The market for biological products is growing at more than

6、16%pa,driven by the need to make farming more sustainable.Plant Health Cares core patented products act as“vaccines for plants”,improving crop yieldandqualitybymakingplantshealthier.The Companys Commercial business is now EBITDA positive and cash generative;demand in major markets in accelerating.Th