Page 3 - Honeywell Annual Report 2021 comm 10 09 v17a.cdr

Contents

Strategic Report

This document is made up of the Strategic Our Philosophy 06
Report, the Governance Report, the Financial Our Business 07
Statements and Notes, and Additional Performance Snapshot 08
Information. Corporate Information 11
Chairman’s Letter 12
Managing Director’s Q&A 16
The Directors accept responsibility for the
annual financial statements, which have been
prepared using appropriate accounting Governance Report
e R
ernanc
eport
v
Go
policies supported by reasonable and prudent
Our Directors 21
judgements and estimates in conformity with
International Financial Reporting Standards Directors’ Profiles 23
(IFRS) and the requirements of the Companies Corporate Governance Report 29
and Allied Matters Act, 2020 and Financial Events and Donations 44
Reporting Council of Nigeria Act, No. 6, 2011. Stakeholder Engagement 46
Except where you are a shareholder, this
material is provided for information purposes Financial Statements
only and is not, in particular, intended to confer
Financial Highlights 49
any legal rights on you.
Statement of Directors’ Responsibilities 50
Report of the Directors 51
This Annual Report and Accounts does not Audit Committee Report 55
constitute an invitation to invest in Honeywell Report of the Independent Auditors 56
Flour Mills shares. Any decisions you make in
Statement of Financial Position 60
reliance on this information are solely your
Statement of Profit or Loss and Other
responsibility.
Comprehensive Income 61
Statement of Changes in Equity 62
The information is given as of the dates Statement of Cash Flows 63
specified, is not updated, and any forward- Notes to the Financial Statements 64
looking statements are made subject to the Statement of Value Added 104
following reservation. Forward-looking Five Year Financial Summary 105
statements are based upon current Share Capital History 106
expectations and assumptions regarding
anticipated developments and other factors
Investor & Other Information
affecting Honeywell Flour Mills. They are not
historical facts, nor are they guarantees of Notice of AGM 108
future performance. Proxy Form 110
Electronic Delivery Mandate Form 111
Mandate Form E-Dividend Payment 112
Schedule of Unclaimed Dividend 113
List of Distributors 114

4 HONEYWELL FLOUR MILLS | ANNUAL REPORT | 2021 World of Possibilities