Noble Group Annual Report 2016

Noble Group Annual Report 2016 Noble Group Annual Report 2016 1 Table of ContentsAbout NobleNoble Group (SGX: N21) is a leading supply chain manager: we buy physical commodities and transform them into customised, consumable products that meet the requirements of our customers through (1) our logistics and transportation services (2) our price risk management and hedging services (3) our processing and blending capabilities and (4) our structured and trade financing seek to be partners rather than competitors with our producer customers and with investors looking to invest in producing assets, while Noble supplies best-in-class execution. Our most valuable assets are our network of relationships with our producers and consumer customers and our people who provide value-added services to our customers and objective is to build long term value for our shareholders, our partners, our customers and our people, with sustainable focused franchises built upon long term supplier and customer Report provides an update on Noble Group s operations and performance for the year ended 31 December 2016 Introduction2 Chairman s Message 3 Co-CEOs MessageOur Business6 Financial Highlights8 Year in Review9 Busi

2 Noble Group Annual Report 2016 It was almost 20 years to the day, on 27 February 1997, that we issued the prospectus that was the precursor to

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