ANNUAL FINANCIAL STATEMENTS

THE BOARD ASKED THAT AECI'S BUSINESSES "MAINTAIN MARKET SHARE AND MARGINS THROUGH CONTINUED EXCELLENT SERVICE". OVERALL, MARKET SHARE WAS AT LEAST MAINTAINED AND WAS INCREASED IN SOME INSTANCES. ALTHOUGH CHEMSERVE'S MARGINS WERE DEPRESSED IN THE FIRST SIX MONTHS, PERFORMANCE IN THE SECOND HALF WAS MORE IN LINE WITH THAT OF PREVIOUS YEARS. AEL ALSO IMPROVED ITS MARGINS AND GREW MARKET SHARE THANKS TO ITS INTERNATIONAL EXPANSION.

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2009

  1. PROPERTY, PLANT AND EQUIPMENT
  2. INVESTMENT PROPERTY
  3. GOODWILL
  4. PENSION FUND EMPLOYER SURPLUS ACCOUNTS
  5. INVESTMENT IN SUBSIDIARIES
  6. OTHER INVESTMENTS
  7. DEFERRED TAX
  8. LOAN RECEIVABLES
  9. INVENTORIES
  10. ACCOUNTS RECEIVABLE
  11. ASSETS CLASSIFIED AS HELD FOR SALE
  12. SHARE CAPITAL AND SHARE PREMIUM
  13. NON-CURRENT BORROWINGS
  14. NON-CURRENT PROVISIONS
  15. ACCOUNTS PAYABLE
  16. CURRENT BORROWINGS
  17. REVENUE
  18. NET OPERATING COSTS
  19. INTEREST EXPENSE
  20. INTEREST RECEIVED
  21. INVESTMENT INCOME
  22. INCOME TAX EXPENSE
  23. DISCONTINUED OPERATIONS
  24. EARNINGS PER SHARE
  25. DIVIDENDS
  26. CONTINGENT LIABILITIES
  27. COMMITMENTS
  28. FINANCIAL INSTRUMENTS AND FINANCIAL RISK MANAGEMENT
  29. RELATED PARTY INFORMATION
  30. DIRECTORS' EMOLUMENTS AND INTERESTS
  31. EMPLOYEE BENEFITS
  32. OPERATING SEGMENTS
  33. ACQUISITIONS OF SUBSIDIARIES AND BUSINESSES
  34. INTERESTS IN JOINT VENTURES
  35. PRINCIPAL SUBSIDIARIES