directors' report

directors' report

a report by the directors of a JOINT-STOCK COMPANY to the SHAREHOLDERS which appears alongside the published annual accounts of the company to form the ANNUAL REPORT AND ACCOUNTS. Company law requires the directors to produce an annual report and specifies the information which it should contain; it also requires the AUDIT of any financial information given in the report.
Mentioned in ?
References in periodicals archive ?
The meeting reviewed and approval of the Directors' Report concerning the Group's activities and financial statements for the year ended 31 December 2014 as well as review and approval of the Auditors' Report for the same period.
Hearing the Board of Directors' report on Corporate Governance for the year 2013.
In a directors' report, Norchem said: "The directors are disappointed with the performance for the year and have taken steps to ensure an improvement in profitability in the future.
A directors' report with the new financial statements says: "Turnover increased by 20% during the year as the commercial aerospace industry continued to increase production rates, underwent some retrofit programmes on the existing fleet and introduced new products to market.
The assembly, chaired by Waleed Al Mokarrab Al Muhairi, chairman of Tabreed's board of directors, reviewed and approved the board of directors' report, the auditor's report and the financial statements for the year ending December 31, 2012 and the appointment of the company's auditor for 2013.
And in the directors' report under cashflow forecasts, it was made clear how Blues plan to survive.
In its directors' report, AD says its latest "key innovation" is Closed IPTV (internet protocol television), a secure online network allowing clients to monitor and control CCTV systems via the internet.
In the directors' report, it said: "During the current period the company has performed well in difficult economic circumstances.
The agenda for the Fourteenth General Meeting includes reviewing the Directors' Report concerning the activities and financial status of the company for the year ended December 31, 2009, considering the recommendation of the Board of Directors concerning distribution of cash dividend of 6% for the same period, and approving the appointment of a new Director in place of Mr.
Additionally, chairman Nasser Ahmed Khalifa Alsowaidi and the NBAD board reviewed and approved the directors' report, auditor's report and financial statements for the year ending 31 December 2009.
A directors' report said economic conditions continue to be tough and challenging here and that is expected to continue in the medium term.
The directors' report and accounts for the year to March 31, 2000, will also be presented at the meeting.

Full browser ?