Transcription of Annual Report 2016
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Annual Report 2016 Strategic Report What we doContents Strategic ReportA transformational year for BBA Aviation 01 financial Highlights 02 Chairman s Statement 03Q&A with Group Chief Executive 04 Our Enlarged Operations 08 Our Markets 10 Business Model 12 Strategy 14 Measuring Success 15 Flight Support Signature Flight Support 16 Aftermarket Services Ontic 18 Engine Repair & Overhaul (ER0) 20 Managing Our Risks 22 Corporate Responsibility 26 Our Markets in 2016 30 Group Finance Director s Review 31 financial Matters 34 Flight Support 2016 Performance 37 Signature Flight Support 2016 Performance 38 Aftermarket Services 2016 Performance 39 Ontic 2016 Performance 40 Engine Repair & Overhaul 2016 Performance 41 Directors ReportCorporate Governance Statement 42 Board of Directors and Executive Management 44 Directors Remuneration Report 56 Going Concern and Viability Statement 79 Additional Disclosures 80 Directors Responsibilities 82 Consolidated financial StatementsIndependent Auditor s Report 83 Consolidated Income Statement 89 Consolidated Statement of Comprehensive Income 90 Consolidated Balance Sheet 91 Consolidated Cash Flow Statement 92 Consolidated Statement of Changes in Equity 93 Accounting P
2 2016 Financial Highlights Strategic Report Financial Highlights $m 2016 2 2016 continuing 2015 2015 continuing Change Change continuing Revenue1 2,565.9 2,149.1 2,129.8 1,714.0 20.5% 25.4%
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