Annual Report Lr
Harvey Nash Group plc Annual Report 2013
About Harvey Nash
Harvey Nash, a global professional recruitment and outsourcing consultancy, is committed to delivering the very best talent and business solutions to a broad base of international clients. With over 7,000 professionals worldwide, the Group is a trusted adviser to many of the world’s leading businesses, governments and public organisations. We operate from 40 offices covering the USA, Europe and Asia. Our talented people pursue the highest levels of integrity and quality in providing Harvey Nash’s unique portfolio of services.
Overview 2 About Harvey Nash 3 Highlights 4 Our Services 5 Meet the Group Board and Executive Council Business review 8 Chairman‘s Statement 10 Operational Review 13 Financial Review 15 Directors, Secretary and Advisers
Accounts 18 Directors’ Report 23 Corporate Governance 26 Remuneration Report 32 Audit Committee 33 Statement of Directors’ Responsibilities 34 Independent Auditors’ Report to the Members of Harvey Nash Group plc 36 Consolidated Income Statement 36 Consolidated Statement of Comprehensive Income 37 Consolidated Balance Sheet 38 Consolidated Statement of Changes in Equity 39 Consolidated Cash Flow Statement 40 Notes to the Consolidated Financial Statements 63 Financial Statements for the Parent Company Under UK GAAP
HARVEY NASH GROUP PLC ANNUAL REPORT & PLC HIGHLIGHTS / 3 HARVEY NASH GROUP ACCOUNTS 2013
Highlights
Revenue
2013 2012 2011 2010 2009 2008 2007 £251.7m £318.6m £422.3m £376.2m £420.1m £594.7m £533.0m
Operating Cash*
31 January 2013 £9.6m 31 January 2012 £4.7m
107% 12% 6%
Revenue
Operating Profit**
2013 2012 2011 2010 2009 2008 2007 £6.7m £8.5m £4.5m £10.4m £6.5m £9.4m £9.0m
31 January 2013 £595m 31 January 2012 £533m
Gross Profit
31 January 2013 £83m 31 January 2012 £79m
2.9p 2.7p 2.4p 2.2p 2.0p
Dividend Per Share
2013 2012 2011 2010 2009 2008 2007 1.0p 1.8p
Operating Profit**
31 January 2013 £9.4m 31 January 2012 £9.0m
5%
Net Cash
2013 2012
About Harvey Nash
Harvey Nash, a global professional recruitment and outsourcing consultancy, is committed to delivering the very best talent and business solutions to a broad base of international clients. With over 7,000 professionals worldwide, the Group is a trusted adviser to many of the world’s leading businesses, governments and public organisations. We operate from 40 offices covering the USA, Europe and Asia. Our talented people pursue the highest levels of integrity and quality in providing Harvey Nash’s unique portfolio of services.
Overview 2 About Harvey Nash 3 Highlights 4 Our Services 5 Meet the Group Board and Executive Council Business review 8 Chairman‘s Statement 10 Operational Review 13 Financial Review 15 Directors, Secretary and Advisers
Accounts 18 Directors’ Report 23 Corporate Governance 26 Remuneration Report 32 Audit Committee 33 Statement of Directors’ Responsibilities 34 Independent Auditors’ Report to the Members of Harvey Nash Group plc 36 Consolidated Income Statement 36 Consolidated Statement of Comprehensive Income 37 Consolidated Balance Sheet 38 Consolidated Statement of Changes in Equity 39 Consolidated Cash Flow Statement 40 Notes to the Consolidated Financial Statements 63 Financial Statements for the Parent Company Under UK GAAP
HARVEY NASH GROUP PLC ANNUAL REPORT & PLC HIGHLIGHTS / 3 HARVEY NASH GROUP ACCOUNTS 2013
Highlights
Revenue
2013 2012 2011 2010 2009 2008 2007 £251.7m £318.6m £422.3m £376.2m £420.1m £594.7m £533.0m
Operating Cash*
31 January 2013 £9.6m 31 January 2012 £4.7m
107% 12% 6%
Revenue
Operating Profit**
2013 2012 2011 2010 2009 2008 2007 £6.7m £8.5m £4.5m £10.4m £6.5m £9.4m £9.0m
31 January 2013 £595m 31 January 2012 £533m
Gross Profit
31 January 2013 £83m 31 January 2012 £79m
2.9p 2.7p 2.4p 2.2p 2.0p
Dividend Per Share
2013 2012 2011 2010 2009 2008 2007 1.0p 1.8p
Operating Profit**
31 January 2013 £9.4m 31 January 2012 £9.0m
5%
Net Cash
2013 2012