28455 AMEC front.1A · AMEC at a glance 2 Highlights 4 Chairman’s statement 6 Chief Executive’s...
Transcript of 28455 AMEC front.1A · AMEC at a glance 2 Highlights 4 Chairman’s statement 6 Chief Executive’s...
AMEC plc annual report and accounts 2008
Differentiating AMEC
AMEC plc76-78 Old Street London EC1V 9RU United Kingdom
Tel: +44 (0)20 7539 5800
amec.com
AM
EC plc annual report and accounts 2008
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Contents
believing in people, teamwork and diversity delivering in a safe and sustainable way
aspiring to excellence; passionate about successacting with integrity and respect
AMEC at a glance 2
Highlights 4
Chairman’s statement 6
Chief Executive’s review 8
Investing in sustainability 12
Investing in our people 14
Investing in our geographic footprint 16
Investing in our capabilities 18
Business and financial review 22
Natural Resources 28
Power and Process 36
Earth and Environmental 44
Investments and other activities 50
Financial review 51
Our board of directors 66
Our management team 68 Report of the directors 70
Directors’ remuneration report 79
Consolidated income statement 90
Consolidated statement of recognised income and expense 91
Consolidated balance sheet 92
Consolidated cash flow statement 93
Notes to the consolidated accounts 94
Company balance sheet 130
Notes to the company balance sheet 131 Responsibility statements of the directors 136
Independent auditors’ report to the members of AMEC plc 137
Principal group companies 138
Five year record 139
Shareholder information 140
This report is printed using vegetable based inks on Revive 100 Offset paper made from 100 per cent post consumer waste and is certified by the FSC (Forestry Stewardship Council). Revive 100 Offset is totally chlorine free (TCF). Produced at a mill that is certified to ISO 14001 Environmental Management System standard.
Printed by Beacon Press who are totally committed to reducing the impact printing has on the environment.
The printer is certified to ISO 14001 and is registered to EMAS (Eco Management Audit Scheme) and holds the FSC Chain of Custody; number SCS-COC-0620. Beacon Press hold the Queens Award for Enterprise: Sustainable Development.
Designed and produced by AMEC Corporate Communications, typeset by the Artwork Agency with photography by Simon Kreitem, Kenneth Krehbiel, Ken Taylor and James McMillan.
Cert no. SGS-COC-0620
Capital expenditure
Project management
Operating expenditure
Engineer Procure Construct Operate Maintain DecommissionConsult
Blue shading denotes AMEC’s focus
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Europe
0 100 200 300 400
E. Europe/Eurasia
NorthAmerica
LatinAmerica
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Europe
0 30 60 90 120 150
E. Europe/Eurasia
NorthAmerica
LatinAmerica
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€
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Threshold
Maximum
0% 100% 200% 300% 400% 500%
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Contents
believing in people, teamwork and diversity delivering in a safe and sustainable way
aspiring to excellence; passionate about successacting with integrity and respect
AMEC at a glance 2
Highlights 4
Chairman’s statement 6
Chief Executive’s review 8
Investing in sustainability 12
Investing in our people 14
Investing in our geographic footprint 16
Investing in our capabilities 18
Business and financial review 22
Natural Resources 28
Power and Process 36
Earth and Environmental 44
Investments and other activities 50
Financial review 51
Our board of directors 66
Our management team 68 Report of the directors 70
Directors’ remuneration report 79
Consolidated income statement 90
Consolidated statement of recognised income and expense 91
Consolidated balance sheet 92
Consolidated cash flow statement 93
Notes to the consolidated accounts 94
Company balance sheet 130
Notes to the company balance sheet 131 Responsibility statements of the directors 136
Independent auditors’ report to the members of AMEC plc 137
Principal group companies 138
Five year record 139
Shareholder information 140
This report is printed using vegetable based inks on Revive 100 Offset paper made from 100 per cent post consumer waste and is certified by the FSC (Forestry Stewardship Council). Revive 100 Offset is totally chlorine free (TCF). Produced at a mill that is certified to ISO 14001 Environmental Management System standard.
Printed by Beacon Press who are totally committed to reducing the impact printing has on the environment.
The printer is certified to ISO 14001 and is registered to EMAS (Eco Management Audit Scheme) and holds the FSC Chain of Custody; number SCS-COC-0620. Beacon Press hold the Queens Award for Enterprise: Sustainable Development.
Designed and produced by AMEC Corporate Communications, typeset by the Artwork Agency with photography by Simon Kreitem, Kenneth Krehbiel, Ken Taylor and James McMillan.
Cert no. SGS-COC-0620
AMEC plc annual report and accounts 2008
Differentiating AMEC
AMEC plc76-78 Old Street London EC1V 9RU United Kingdom
Tel: +44 (0)20 7539 5800
amec.com
AM
EC plc annual report and accounts 2008
28455_AMEC_covers.indd 1 31/3/09 19:02:11