notes to the financial statements - Investor Relations

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CWT Limited COVER DESIGN RATIONALE The art of papercutting encompasses various facets of unique cultures and traditions around the world covering history, religion, customs, and creativity. It is also an illustration of an imaginative and masterful evolution that adapts to the changing environment while staying true to its origins, embodiment, and expression of aesthetics and inspiration. With its colours, patterns and shapes involving meticulous cutting and folding, its intricacies require careful and skillful work to be able to come up with a fine piece of art. Such high level of expertise is similarly applied by CWT across its strong vision, values, and performance. An expertise that has evolved into responsive innovations by adhering to its foundational purpose of delivering multi-faceted excellence preserved and enhanced through the times. TABLE OF CONTENTS 1 About the CWT Group 2 Group Financial Highlights 4 Key Highlights of the Year 8 Chairman’s Statement 10 Board of Directors 12 Executive Team 16 Group Structure 18 Global Presence 22 Operations Review 28 Corporate Social Responsibility 32 Corporate Data 33 Corporate Governance Report 44 Directors’ Report 47 Statement by Directors 48 Independent Auditors’ Report 49 Statement of Financial Position 50 Consolidated Income Statement 51 Consolidated Statement of Comprehensive Income 52 Consolidated Statement of Changes in Equity 56 Consolidated Statement of Cash Flow 58 Notes to the Financial Statements 132 Statistics of Shareholdings 134 Share Price Performance 135 Notice of Annual General Meeting Proxy Form
ABOUT THE CWT GROUP VISION To Be A World-Class Corporation With Global Logistics Capabilities MISSION To Excel As A Leading Logistics Solutions Provider Delivering Best Value To Customers CWT is a leading provider of integrated logistics solutions for worldwide customers in the commodities, chemical and petrochemical, marine, oil & gas, defence and industrial sectors. CWT designs, engineers and manages unique and effective supply chain solutions leveraging its in-depth domain knowledge, innovative capabilities and global logistics infrastructure. Through its global network, the CWT Group is able to connect customers to 120 ports and over 1,200 destinations seamlessly around the world. Headquartered in Singapore, the CWT Group also engages in coal and base metals commodity supply chain management and provides engineering services for building, facilities and equipment fleet as well as financial services through the asset management of Cache Logistics Trust and brokering services for futures and derivatives trade. One of the largest listed logistics companies in Southeast Asia, CWT is traded on the Singapore Stock Exchange under the stock symbol CWT. For more information, visit www.cwtlimited.com. Annual Report 2011 01
Page 1: CWT Limited Annual Report 2011 Annu
Page 5 and 6: GROUP FIVE-YEAR FINANCIAL SUMMARY F
Page 7: Largest warehouse operator in Singa
Page 10 and 11: CWT Limited CHAIRMAN’S STATEMENT
Page 12 and 13: CWT Limited BOARD OF DIRECTORS Loi
Page 14 and 15: CWT Limited EXECUTIVE TEAM Loi Pok
Page 17 and 18: ELEVATION Rising through resilience
Page 19 and 20: COMMODITY SUPPLY CHAIN MANAGEMENT C
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Page 24 and 25: CWT Limited OPERATIONS REVIEW “Am
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Page 29 and 30: CHARACTER Our identity and performa
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Annual Report 2011 CONSOLIDATED STA
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CONSOLIDATED STATEMENT OF CHANGES I
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CONSOLIDATED STATEMENT OF CHANGES I
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CONSOLIDATED STATEMENT OF CASH FLOW
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NOTES TO THE FINANCIAL STATEMENTS Y
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STATISTICS OF SHAREHOLDINGS SHAREHO
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NOTICE OF ANNUAL GENERAL MEETING An
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NOTICE OF ANNUAL GENERAL MEETING An
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CWT LIMITED (Company Registration N
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CORPORATE DIRECTORY Loi Pok Yen Gro
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notes to the financial statements - Investor Relations

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