2007 ANNUAL REPORT Power Corporation - Aboitiz Equity Ventures
2007 ANNUAL REPORT Power Corporation - Aboitiz Equity Ventures 2007 ANNUAL REPORT Power Corporation - Aboitiz Equity Ventures
The Code promotes a safe and healthy working environment that provides equal employment opportunities and prohibits discriminatory practices and where all individuals are treated with dignity and respect. The Code affirms AP’s commitment to provide fair and truthful disclosures to the public. In particular, AP’s senior financial officers, executive officers and directors are tasked to promote full, fair, accurate, timely and understandable disclosure in AP’s public communications and in all disclosures filed with the SEC and other regulators. Furthermore, it is considered the obligation of every member of the AP organization to report to the proper officer or committee any materially inaccurate or misleading statement in a public communication. The Code further affirms AP’s obligation to maintain accurate and complete books and records. In particular, senior financial officers are tasked to ensure that financial information included in AP’s books and records is correct and complete in all material respects. The Code also promotes a safe and healthy working environment, an environment that provides equal employment opportunities and prohibits discriminatory practices and where all individuals are treated with dignity and respect. WEBSITE Additional information on corporate governance principles and practices of the Aboitiz Power Corporation is available at www.aboitizpower.com. M. Jasmine S. Oporto CHIEF COMPLIANCE OFFICER Some of Davao Light’s Safety Training Programs 32 • ABOITIZ POWER CORPORATION ANNUAL REPORT 2007
P o w e r i n g New Frontiers F E A T U R E S ABOITIZ POWER CORPORATION ANNUAL REPORT 2007 • 33
- Page 1 and 2: Power Corporation Powering New Fron
- Page 3 and 4: P o w e r i n g New Frontiers ABOIT
- Page 5 and 6: FINANCIAL SUMMARY For the Year (In
- Page 7 and 8: R E P O R T T O O U R S T O C K H O
- Page 9 and 10: h Powering New Frontiers With deman
- Page 11 and 12: Results of Operations POWER D I S T
- Page 13 and 14: R E S U L T S O F O P E R A T I O N
- Page 15 and 16: A SFELAPCO crew does live line work
- Page 17 and 18: Results of Operations POWER G E N E
- Page 19 and 20: POWER G E N E R A T I O N Hedcor si
- Page 21 and 22: STEAG State Power Inc. (SPI) contri
- Page 23 and 24: We expect our distribution companie
- Page 25 and 26: The strong and stable financial per
- Page 27 and 28: DIRECTORS SPECIAL AND REGULAR BOARD
- Page 29 and 30: Director and Senior Executive Compe
- Page 31 and 32: The Office of the Chief Compliance
- Page 33: Employee Relations In AP, people ar
- Page 37 and 38: The rest of its capacity is traded
- Page 39 and 40: The annual energy requirement will
- Page 41 and 42: Gone are the long queues at VECO’
- Page 43 and 44: The three utilities aim to provide
- Page 45 and 46: CPPC, meanwhile, is situated on a 1
- Page 47 and 48: and reliable supply of electricity.
- Page 49 and 50: The fulfillment of sharing the frui
- Page 51 and 52: Board of Directors Jon Ramon M. Abo
- Page 53: Corporate Officers Benjamin A. Cari
The Code<br />
promotes<br />
a safe and<br />
healthy working<br />
environment that<br />
provides equal<br />
employment<br />
opportunities<br />
and prohibits<br />
discriminatory<br />
practices<br />
and where all<br />
individuals are<br />
treated with<br />
dignity and<br />
respect.<br />
The Code affirms AP’s commitment to provide fair and truthful<br />
disclosures to the public. In particular, AP’s senior financial<br />
officers, executive officers and directors are tasked to promote<br />
full, fair, accurate, timely and understandable disclosure in AP’s<br />
public communications and in all disclosures filed with the SEC<br />
and other regulators. Furthermore, it is considered the obligation<br />
of every member of the AP organization to report to the proper<br />
officer or committee any materially inaccurate or misleading<br />
statement in a public communication.<br />
The Code further affirms AP’s obligation to maintain accurate and<br />
complete books and records. In particular, senior financial officers<br />
are tasked to ensure that financial information included in AP’s<br />
books and records is correct and complete in all material respects.<br />
The Code also promotes a safe and healthy working environment,<br />
an environment that provides equal employment opportunities<br />
and prohibits discriminatory practices and where all individuals are<br />
treated with dignity and respect.<br />
WEBSITE<br />
Additional information on corporate governance principles and<br />
practices of the <strong>Aboitiz</strong> <strong>Power</strong> <strong>Corporation</strong> is available at<br />
www.aboitizpower.com.<br />
M. Jasmine S. Oporto<br />
CHIEF COMPLIANCE OFFICER<br />
Some of Davao Light’s Safety Training Programs<br />
32 • ABOITIZ POWER CORPORATION <strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2007</strong>