2
Whistl Annual Report 2016
Contents
DOWNSTREAM ACCESS MAIL
DOORDROP MEDIA
PARCELS
INTERNATIONAL
Whistl Limited
(formerly Whistl NN1 Limited)
Annual Report for the year ended 31 December 2016
Registered number: 4261268 (England and Wales)
STRATEGIC REPORT
Financial Highlights
3
Operational Highlights
4
Our Mission
6
Our Promise
7
Highlights for the Year Ended 31 December 2016
8
CEO Business Review
10
CFO Financial Review
14
Risk Management
18
Corporate Responsibility and Our People
20
Governance
25
Directors’ Report
29
Independent Auditor’s Report
30
FINANCIALS
Consolidated Statement of Comprehensive Income
31
Consolidated Statement of Financial Position
32
Company Statement of Financial Position
33
Consolidated Statement of Changes in Equity
34
Company Statement of Changes in Equity
34
Consolidated Statement of Cash Flows
35
Notes to the Consolidated Financial Statements
36
Directors and Advisers
49