Annual Report Rolls-Royce

78484 Words314 Pages
TeAmwork And Technology
Rolls-Royce Group plc Annual report 2010

Trusted to deliver excellence

BUSIneSS reVIew
01 Introduction and highlights 02 Chairman’s statement 04 Chief Executive’s review 08 Our consistent strategy 20 Market outlook 22 Key performance indicators 26 Principal risks and uncertainties 28 Review of operations 28 civil aerospace 30 defence aerospace 32 marine 34 energy 36 engineering and technology 38 operations 40 Services 42 Sustainability 48 Finance Director’s review

goVernAnce
56 56 58 58 59 62 63 63 64 67 78 80 81 81 Chairman’s introduction Board of directors The Group Executive The International Advisory Board Governance structure Audit committee report Nominations committee report Ethics committee
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MATURITY PROFILE OF THE GROUP DEBT COMMITMENTS £m

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£m 01 Rolls-Royce Group plc annual report 2010 1 48

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Governance

Business review

CReate woRld-ClaSS pRoduCtS aNd teChNology INtegRate Complex SyStemS delIVeR global SolutIoNS

10

Business review

ChaIRmaN’S StatemeNt
“ this has been a testing year, both for the world economy and for Rolls-Royce. I am therefore delighted to report that Rolls-Royce has performed well in these challenging circumstances.”

Business review

the group conducts business on a global basis and has customers in 120 countries. It is this broad
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