Annual_Report_2018.pdf - ANNUAL REPORT 2018 Founded in 1894 Bata is the world's leading shoemaker by volume designing stylish and comfortable footwear

Annual_Report_2018.pdf - ANNUAL REPORT 2018 Founded in 1894...

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ANNUALREPORT2018
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Founded in 1894, Bata is the world's leading shoemaker by volume, designing stylish and comfortable footwear at surprisingly affordable prices. Bata is a family-owned business serving more than 1 million consumers a day in our 5,300 stores, and producing locally in our 23 Bata-owned manufacturing facilities across five continents.In Bangladesh, Bata started its operation in 1962.Currently Bata Shoe Company (Bangladesh) Limited operates two manufac-turing facilities– one in Tongi and the other in Dhamrai.M u s t - h av e shoes.Every daycomfort.Few things define a life-style the way shoesdo. And we are among the very best in the world at making them. That's why 1 million+ people choose to buy Bata every day.Our passionis shoes.We love making stand-out footwear ourcustomers can wear to look good and feel good all day long, and always with price tags that impress them too.Leading globalcompany.From Milan to Nairobi, and La Paz to Singapore, we make, market and sell enviable new de-signs and era-defining classics. As well as be-ing a global brand, we are still a private fam-ily business. And we're proud to act like one.ShoemakingSince 1894.Originally, we se out toLIVING Shoe the World. This led us to where we are now: The No.1 global footwear company and an international Fash-ion icon.Traditionalvalues.Modern outlook.Today, our customers want more than shoes, they want to be inspiredand connected. They want to shop in the SINCE moment, in stores or online. We make sure that with Bata, They can simply have it all.EXTRA MILE.Bata has always tried tobenefit the wider com-munity. From our em-ployees and suppliers to our neighbours and customers, we work hard in partnership with this extended family tocreate wealth, improve welfare and encourage entrepreneurialism.
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CONTENTSTO OUR ANNUAL REPORT2018cwiPvjKgÐjxg¨v‡bR‡g›U wUg†Kv¤úvwbi Z_¨evwl©K mvaviY mfvi weÁwß02Vision, Mission & Values04Board of Directors 06Management Team 11Company Information12Notice of Annual General Meeting 14Retail 15Significant Events & Awards17Manufacturing 18Product Development & Merchandising21Human Resources, Corporate Social Responsibility22Chairman's Statement 26Directors' Report31Corporate Governance46Compliance Certificate47Audit Committee Report49Auditors' Report52Statement of Financial Position53Statement of Profit or Loss and Other Comprehensive Income54Statement of Changes in Equity55Statement of Cash Flows 57Notes to the Financial Statements87Form of Proxy mfvcwZi fvlYcwiPvjKgÐjxi cÖwZ‡e`bw¯’wZcÎjvf-†jvKmvb wnmveBKz¨BwU cwieZ©‡bi weeiYbM` A_© cÖev‡ni weeiYwnmv‡ei wUKvmg~ncÖw· dig K‡c©v‡iU Mf‡b©ÝKgcøv‡qÝ mvwU©wd‡KUwbixÿv KwgwUi cÖwZ‡e`bwbixÿK‡`i cÖwZ‡e`bCorporate InformationBrand & DepartmentsCompliance & Audit ReportsFinancial StatementsChairman’s StatementTOOWELCOME
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VISION,MISSION& VALUESVisionTo make great shoes accessible to everyoneMissionTo help people look and feel good.
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