WH Smith PLC
WH Smith PLC ANNUAL REPORT AND ACCOUNTS 2015WH Smith PLCANNUAL REPORT AND ACCOUNTS 2015WH Smith Sydney International Airport 1 Strategic reportAbout us 1Group at a glance 2Business model and strategy 4Our markets 6Chairman s statement 7Chief Executive s review 8Review of operations: Travel 10Review of operations: High Street 12Financial review 14Key performance indicators 18Principal risks and uncertainties 20Other disclosures 22 Corporate responsibility programme 22 Customers 22 Ethical trading and human rights 22 Forest sourcing 22 Environment 23 Social and community matters 24Employees and diversity 25 2 Corporate governance Corporate governance report 26 Board of Directors 26 Audit Committee 28 Nominations Committee 32 Remuneration Committee 33Directors biographies 34Directors remuneration report 35Directors report 53Statement of directors responsibilities 56 3 Financial statements Independent auditors report to 57
WH Smith PLC Annual report and accounts 2015 02 Strategic report GROUP AT A GLANCE WH Smith PLC is made up of two core businesses – Travel and High Street. TRAVEL Travel sells a range of products to cater for
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