Pan African Resources PLC (PAF) 2017年年度报告「LSE」.pdf

1、PROFITABLE|SUSTAINABLE|STAKEHOLDERS|GROWTHINTEGRATED ANNUAL REPORTfor the year ended 30 June 20171.PAR Strategy section proof 2.indd A1.PAR Strategy section proof 2.indd A2017/10/18 11:03 AM2017/10/18 11:03 AMKEY FEATURESFlap Investment case Key features About this reportSTRATEGIC REPORT:BUSINESS AN

2、D STRATEGIC OVERVIEW 1 Our purpose,vision and strategy 2 Who we are 4 Operating assets 6 Business model 8 Leadership review 14 Strategic scorecard 17 Operating environment 20 Risks,opportunities and material issues 28 Stakeholder engagement,value creation and distributionSTRATEGIC REPORT:PERFORMANCE

3、 REVIEW 34 Financial Director s review 43 Five-year review 45 Operational review and performance 54 Operational production 58 Abridged mineral resources and mineralreserves report 67 Employee review 70 Safety and health review 72 Environment review 76 Community review 78 Transformation reviewTRANSPA

4、RENCY AND ACCOUNTABILITY 82 Board of directors 82 Executive and operations management 84 Corporate governance 93 Remuneration reviewANNUAL FINANCIAL STATEMENTS107 Audit committee report111 Directors statement of responsibility111 Certificate of the Company Secretary112 Directors report Independent a

5、uditors report 114 United Kingdom 121 South Africa126 Consolidated and separate annual financial statements131 Notes to the consolidated and separateannual financial statementsSHAREHOLDERS AND OTHER INFORMATION198 Shareholders analysis199 Notice of annual general meeting205 Form of proxy United King

6、dom207 Form of proxy South Africa209 Alternative Performance Measures214 Glossary ibc Company information ibc Shareholders diary ibc Forward-looking statementsThe following tools will assist you throughout the report For further reading on our For further reading in this report2013 2014 2015 2016GRO