2016 annual report cp all public company limited 2016 annual report cp all public company limited

300 Pages·2017·21.86 MB·English

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CP ALL PUBLIC COMPANY LIMITED B
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283 Sriboonrueng Building 1, Silom, Bangrak, Bangkok 10500 C

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2016 ANNUAL REPORT CP ALL PUBLIC COMPANY LIMITED

สถิตอยูในใจตราบนิรันดร
CONTENTS
4 68 134
Summary of Financial Information Dividend Policy Internal Control
and Risk Management
10 69
Messages from the Chairman and Securities Details 137
Chairman of Executive Committee and Shareholding Structure Related Transactions
16 78 151
Directors and Management Management Structure Board of Directors’
Biography Statement of Responsibility
for Financial Reports
90
31 Report of the Corporate
Business Overview Governance Committee 152
Report of the Audit Committee
34 92
Company History in Brief Report of the Remuneration and 155
Nomination Committee Management Discussion
and Analysis (MD&A)
40
Nature of Business 93
Corporate Governance 165
Annual Financial Statements
51 and Auditor Report of Certified
Risk Factors 129 Public Accountant
Corporate Social Responsibility
56
General Information and Other 133
Information Anti-Corruption
CORPORATE PHILOSOPHY
Through happy employees,
we desire to see smiles from customers.
VISION
We serve convenience to all communities.
MISSION
To create customer engagement with
innovative products and services and
to enhance good relations with
community and society.
CP ALL Public Company Limited
SUMMARY OF FINANCIAL INFORMATION
For Fiscal Years Ending December 31,
2014 2015 2016
CP ALL Public Company Limited and its Subsidiaries
(Restated)
Consolidated Financial Information (Million Baht)
Net Sales and Services Income 357,766 391,817 434,712
Total Revenues 371,301 405,893 451,939
Net Profit 10,200 13,682 16,677
Net Cash Provided by Operating Activities 26,371 31,419 37,939
Total Assets 326,410 329,083 352,268
Total Liabilities 291,352 287,407 292,665
Total Equity 35,058 41,676 59,603
Share Information (Baht)
4
Book Value per Share 3.90 4.64 6.64
Earnings per Share 1.14 1.52 1.85
Dividend per Share 0.80 0.90 1.00
Financial Ratios (Percentage)
Gross Margin (Sales and Services) 21.3 21.8 21.9
EBIT Margin 5.7 6.3 6.3
Net Profit Margin 2.7 3.4 3.7
Net Debt to EBITDA (times) 6.04 5.10 4.20
Return on Total Assets 3.2 4.2 4.9
Return on Total Shareholders’ Equity 30.0 35.7 32.9
/1 The Company purchased shares of Siam Makro Public Company Limited during the year 2013 and consoildated Siam Makro’s operating
results in the second half of the year.
CP ALL Public Company Limited
REVENUE AND EARNINGS BEFORE TAX BASED ON BUSINESS SEGMENTS
Revenue Earnings Before
Contribution Tax Contribution
36% 25%
Cash and Carry Cash and Carry
64% 75%
CVS and Others CVS and Others
* Before Elimination
5
TOTAL REVENUE Net Profit
(Million Baht) (Million Baht)
500,000 20,000
451,939
405,893 16,677
371,301
400,000
15,000
13,682
284,670
300,000 11,049 10,503 10,200
10,000
197,816
200,000
5,000
100,000
0 0
2012 2013 2014 2015 2016 2012 2013 2014 2015 2016
CP ALL Public Company Limited
CP ALL
“innovation”
driving the organization with
“Innovation” is the key to leaping growth in business
The Company strives to develop a learning culture and transfer best practices among employees
Collaborating with small businesses to create products and services that fulfill customer needs
To enhance competitiveness and offer value to Thai society
CP ALL Public Company Limited
CP ALL
capable good
developing ,
upstanding people
and
The Company is committed to developing capabilities and supporting people to have morality and
ethics following corporate governance principles
Blending similarities, harmonizing differences, creating unity, like a symphony
Enabling capable and good people to grow with Thai society and drive the organization forward
Delivering products and services to customers with heartfelt smiles from the whole team
CP ALL Public Company Limited
CP ALL
sustainably
alongside Thai society
The Company is devoted to being a quality organization with effective management
Attentive that personnel have virtue and morality as well as work capability
Creating balance, work excellence together with social responsibility
To ensure that the Company is a quality organization sustainably growing with Thai society