WH Smith PLC
WH Smith PLCE S T 1 7 9 2 Celebrating 225 yearsAnnual report and accounts 2017WH Smith PLC annual report and accounts 2017WH Smith PLC annual report and accounts 2017ContentsStrategic reportAbout us 1Group at a glance 2Business model and strategy 4Our markets 6Chairman s statement 7Chief Executive s review 8 Review of operations: Travel 10 Review of operations: High Street 12 Financial review 14Key performance indicators 18Principal risks and uncertainties 20Viability statement 24Other disclosures 25 Corporate responsibility programme 25 Customers 25 Ethical trading and human rights 25 Forest sourcing 25 Environment 26 Health and safety 27 Social and community matters 27Employees and diversity 28Corporate governanceCorporate governance report 30 Board of Directors 30 Audit Committee 33 Nominations Committee 37 Remuneration Committee 38Directors biographies 39Directors remuneration report 40Directors report 53Statement of directors responsibilities 56Financial statementsIndependent auditors report to the members 57 of WH Smith PLC Group income statement 64Group statement of comprehensive income 65Group balance sheet
02 WH Smith PLC Annual report and accounts 2017 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 people
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