ESB Annual Report 2012 - (Page 4)

4 ESB Annual Report 2012 - Energy for connecting you CONTENTS 01 BUSINESS OVERVIEW Chairman’s Statement Chief Executive Review Our Strategy and Business Model 02 OPERATING AND FINANCIAL REVIEW Operating Environment Finance Review Business Unit Sections: ESB Generation and Wholesale Markets ESB Networks NIE Electric Ireland 03 CORPORATE SOCIAL RESPONSIBILITY Introduction from Executive Director, People and Sustainability Sustainability Charter Energy Usage 2012 ESB Innovation Equality and Diversity Our People Our Community 04 CORPORATE GOVERNANCE Executive Team Board Members’ Report Risk Management Report 05 FINANCIAL STATEMENTS 8 9 10 12 18 19 21 26 28 30 32 34 35 36 37 38 39 40 42 44 Chairman’s Corporate Governance Statement 45 The Board 46 48 50 58 62 Statement of Board Members’ Responsibilities 64 Independant auditor’s report to the stockholders of Electricity Supply Board (ESB) 65 Statement of Accounting Policies Financial statements Prompt Payments Act 66 74 132

Table of Contents for the Digital Edition of ESB Annual Report 2012

ESB Annual Report 2012
Contents
Business Overview
Chairman’s Statement
Chief Executive Review
Our Strategy and Business Model
Operating and Financial Review
Operating Environment
Finance Review
Business Unit Sections: ESB Generation and Wholesale Markets
ESB Networks
NIE
Electric Ireland
Corporate Social Responsibility
Introduction from Executive Director, People and Sustainability
Sustainability Charter
Energy Usage 2012
ESB Innovation
Equality and Diversity
Our People
Our Community
Corporate Governance
Chairman’s Corporate Governance Statement
The Board
Executive Team
Board Members’ Report
Risk Management Report
Statement of Board Members’ Responsibilities
Independant auditor’s report to the stockholders of Electricity Supply Board (ESB)
Statement of Accounting Policies
Financial statements
Prompt Payments Act

ESB Annual Report 2012

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