2006 - Eastern Caribbean Securities Exchange

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Board of Directorsand Director of United Insurance Company Limited,Signia Financial Group Inc., Southern Golf and CountryClub Ltd., World Cup Barbados Inc., Fortress CaribbeanProperty Fund Limited, FirstCaribbean InternationalBank (Barbados) Limited and National Initiative forService Excellence Inc.He possesses a wealth of knowledge gleaned fromexecutive local and international training programmesand seminars in the areas of Social Security Legislationand Operations, Executive Management Development,Information Systems and Human Resource Training.Eutrice CarringtonDirector, Trinidad Cement LimitedLeopoldo NavarroDirector, Trinidad Cement Limited, Caribbean CementCompany Limited and TCL Trading LimitedMs. Carrington is the Vice President, Asset Managementat the Trinidad and Tobago Unit Trust Corporation.She holds a BSc honours degree in Economics anda Master’s of Science in Economics. Her career ininvestments spans a period of thirteen years andduring her tenure she has held positions of Manager,Investment Managements Services, Portfolio Managerand Research and Security Analyst. Ms. Carringtonalso worked as a Policy Analyst II in the Ministry of theEconomy and she spent several years in the domesticbanking sector.Ms. Carrington has served as secretary of theEconomics Association of Trinidad and Tobago. Shewas a member of the Technical Committee appointedby the Cabinet of Trinidad and Tobago to assist in theformulation of Mutual Fund Legislation.Ms. Carrington is Vice President and Treasurer ofthe Chaconia Income and Growth Fund Inc. She isVice President of Chaconia Fund Services Inc., andChairman of the Board of Chaconia Financial ServicesInc., both wholly owned subsidiaries of the UTC.Jeffrey McFarlaneDirector, Trinidad Cement LimitedMr. Jeffrey McFarlane is the Executive Director of theNational Insurance Board of Trinidad and Tobago. Hegraduated from the University of the West Indies witha Bachelor of Law - Upper Second Class Honors and in1980 completed his MSc Social Policy and Planning inDeveloping Countries from the University of London.Mr. Leopoldo Navarro is the Trading Vice Presidentof Cemex in the South American Region. He holdsa Civil Engineering degree from the University ofNebraska in the USA and a Masters Degree in BusinessAdministration from Ipade, Mexico.Mr. Navarro is a Cemex-appointed Director of TrinidadCement Limited since March 1998. He also serves onthe Boards of Directors of S.C.A. in Guadeloupe andMartinique, National Cement in Cayman and BermudaCement in Bermuda. He served as President of APCACduring the period 2000 to 2001.Yusuff OmarChairman, TCL Packaging Limited and TCL PonsaManufacturing Limited; Director, Trinidad CementLimited, Arawak Cement Company Limited, CaribbeanCement Company Limited and TCL Trading LimitedA former Managing Director of Trinidad CementLimited, Yusuff Omar is currently the Chairman ofTCL Packaging Limited and TCL Ponsa ManufacturingLimited. He is also a Director at the Trinidad NitrogenCompany Limited. Mr. Omar, a qualified MechanicalEngineer, has over thirty years’ experience in thecement industry and has served as the 1st VicePresident of the Association of Cement Producers forLatin America and the Caribbean (APCAC).Prior to joining TCL, Mr. Omar worked for elevenyears at Shell Trinidad Ltd. progressing from the positionof Technical Assistant to that of Production/OperationsEngineer in the Petroleum Engineering Department.Annual Report 200613
Board of DirectorsErnest WilliamsChairman, Readymix (West Indies) Limited; Chairman,Arawak Cement Company Limited; Director, TrinidadCement Limited and Caribbean Cement CompanyLimitedMr. Williams is the former General Manager,National Agro Chemicals Limited. He held variousmanagerial positions at National Petroleum MarketingCompany Limited since November 1989 includingDivisional Manager - Operations, Divisional Manager- Engineering and Information Systems and ChiefEngineer. He was appointed to the Board of Directorsof Readymix (West Indies) Limited in November 1998and subsequently, in January 2003 was appointedChairman. He was also appointed Chairman ofArawak Cement Company Limited in June 2004. Mr.Williams is also on the Board of Directors of InspectionTechnologies Limited.Brian YoungDirector, Trinidad Cement Limited; Chairman,Caribbean Cement Company LimitedMr. Young is a Chartered Accountant and had beenwith Price Waterhouse for over thirty years beforeretiring as a senior partner in 1995. Since then, he hasserved as Interim Executive Chairman of the NationalWater Commission (Jamaica). He is currently Chairmanof the Caribbean Cement Company Limited (basedin Jamaica) and serves on the Board of Directors ofthe Neal and Massy Holdings Limited, RBTT HoldingsLimited, RBTT Merchant Bank Limited (all based inTrinidad). He is also on the Board of Directors of thefollowing companies based in Jamaica:- Neal andMassy Group Jamaica Limited, Trade Winds Limited,RBTT Bank (Jamaica) Limited, RBTT Securities (Jamaica)Limited, Cool Petroleum Limited and Jamaica BiscuitCompany Limited.14
Page 2 and 3: ContentsOur Vision and Mission Stat
Page 4 and 5: Notice of Annual MeetingNotice is h
Page 6 and 7: Consolidated Financial Summary 2001
Page 8 and 9: Share PerformanceTrading Volumes (t
Page 10 and 11: A new record in TrinidadSince the b
Page 12 and 13: Board of Directorsfrom left to righ
Page 16 and 17: On the ball in GuyanaWhen the crowd
Page 18 and 19: Beyond Boundaries in JamaicaAcross
Page 20 and 21: Group Executive Committeefrom left
Page 22 and 23: Chairman’s Reviewslings by 92%. T
Page 24 and 25: Playing to win in BarbadosThe missi
Page 26 and 27: Group Chief Executive Officer’s R
Page 36 and 37: Trinidad Cement LimitedTrinidad Cem
Page 38 and 39: Caribbean Cement Company LimitedCar
Page 40 and 41: Arawak Cement Company LimitedArawak
Page 42 and 43: Readymix (West Indies) LimitedReady
Page 44 and 45: TCL Packaging LimitedTCL Packaging
Page 46 and 47: TCL Ponsa Manufacturing LimitedTCL
Page 48 and 49: TCL Guyana Inc.TCL Guyana Inc. was
Page 50 and 51: Rally ‘round the youthWithin our
Page 52 and 53: Management Proxy CircularREPUBLIC O
Page 54 and 55: Independent Auditors’ ReportTo th
Page 56 and 57: Consolidated Balance Sheetas at 31s
Page 58 and 59: Consolidated Statement of Changes i
Page 60 and 61: Notes to the Consolidated Financial
Page 62 and 63: Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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Proxy FormPLEASE INDICATE WITH AN
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2006 - Eastern Caribbean Securities Exchange

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