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Rb Annual Report

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Submitted By gauravbhagi
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Annual Report and Financial Statements 2011

Innovating for a healthier future

Contents
1 Chairman’s Statement 2 Chief Executive’s Statement 10 Business Review 2011 18 Board of Directors and Executive Committee 19 Report of the Directors 22 Chairman’s Statement on Corporate Governance 23 Corporate Governance Report 28 Statement of Directors’ Responsibilities 29 Directors’ Remuneration Report 36 Independent Auditors’ Report to the members of Reckitt Benckiser Group plc 37 Group income statement 37 Group statement of comprehensive income 38 Group balance sheet 39 Group statement of changes in equity 40 Group cash flow statement 41 Notes to the financial statements 75 Five-year summary 76 Parent company – Independent Auditors’ Report to the members of Reckitt Benckiser Group plc 77 Parent company balance sheet 78 Notes to the parent company financial statements 84 Shareholder information

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2011

Chairman’s Statement
The Board was unanimous in its choice of Rakesh as he has the necessary drive, strategic thinking and operational experience, coupled with an intimate understanding of and capability to continue to grow Shareholder value. His close involvement in the drivers of success at RB and significant achievements to date were reassurance that the excellent performance for which the Company has become renowned was set to continue. That has been demonstrated with the 2011 results. The Board would like to sincerely thank Bart for his outstanding leadership over all the years he has been our CEO. He led the Company to excellent performance which has benefitted all Shareholders as well as the consumers whom the Company serves. It is a credit to his leadership that we were so well placed in terms of succession and depth of senior management strength. Bart leaves the Company in great shape for a successful future. Cash In 2011 the net revenue growth of the...

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