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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