Investor Relations
Internal Financial Controls
The group has put in place formal processes for the management of risks which have been identified and, as a result of the reports provided by the operations, the directors are aware of the cost and resources involved in managing these risks.
The group has a comprehensive system for regular monitoring and reporting of the financial performance of each operating unit.
Detailed budgets are prepared at the operating unit level and, following review by senior management at group level, are formally reviewed and adopted by the board.
These budgets and targets are regulary updated via a rolling forecasting process to provide up-to-the minute management information and facilitate quick but researched decisions.
