KCOM Group PLC Annual Financial Report (8392R)
July 01 2015 - 5:17AM
UK Regulatory
TIDMKCOM
RNS Number : 8392R
KCOM Group PLC
01 July 2015
KCOM GROUP PLC
ANNUAL FINANCIAL REPORT
01.07.2015
Publication of Documents: 2014/15 Annual Report and Notice of
Annual General Meeting
KCOM Group PLC announces that the following documents were
posted or otherwise made available to shareholders from 1 July
2015:
-- Annual Report and Accounts for the year ended 31 March
2015;
-- Notice of the Company's Annual General Meeting to be held at
the KC Stadium, Hull at 11am on 31 July 2015; and
-- Proxy Form for the Annual General Meeting.
The above mentioned documents (except for the Proxy Form) are
also available on the Company's website at www.kcomplc.com and in
accordance with Listing Rule 9.6.1 a copy of each of these
documents has been submitted to the National Storage Mechanism and
will shortly be available for inspection at
www.hemscott.com/nsm.do.
A condensed set of the Company's consolidated financial
statements (including related party transactions) and information
on important events that have occurred during the financial year
and their impact on the financial statements was included in the
Company's announcement of its preliminary results on 5 June 2015.
That information, together with the information set out below,
which is extracted from the Company's 2014/15 Annual Report,
constitutes the information required to comply with DTR 6.3.5.
Principle Risks and Uncertainties
Area Change Why is it important? What are we doing to
in level mitigate the risk?
of risk
Security and We place significant We continue to monitor
resilience reliance on the networks closely any attempted
of our networks and IT systems both attacks and take actions
and IT systems within our business where necessary to ensure
and in the services we have robust security
we provide to our customers. in place. We have held
It is therefore essential the ISO 27001 Information
that we build security Security Management
and resilience into standard since 2007
the networks and systems and comply also with
to mitigate the risk other security standards
from attacks. as required by our customers.
We have also made significant
investment in our IT
infrastructure to improve
the resilience of our
key systems.
---------- ------------------------------ ---------------------------------
Accuracy, Security of customer We have run an information
security and data, whether it belongs security awareness programme
confidentiality to a business or an throughout the year
of customer individual, is of paramount to regularly remind
data importance to us. The our people of the importance
risk to data security of information security
remains high as a result and their responsibilities
of the volume of external in relation to this.
attacks seen across We have a clear Data
all industries. Governance policy in
place and in the year
have appointed data
governance owners across
the business to form
a virtual team with
responsibility for all
matters relating to
data governance. Any
incidents, however minor,
are investigated and
control improvements
are implemented where
necessary to ensure
that we keep our customer
data secure at all times.
---------- ------------------------------ ---------------------------------
Customer service Delivering exceptional We have continued to
and delivery service to our customers invest in our people
is one of our key strategic and our systems to ensure
aims and therefore the that we have the right
risk of failing to do people in the right
this is a key risk for roles and that they
us to mitigate. have the right tools
to provide an exceptional
service. We also work
closely with our partners
to ensure that they
are aligned with us
in delivering the best
service possible.
---------- ------------------------------ ---------------------------------
Recruitment Recruiting and retaining We are focused on creating
and retention the right people is a workplace that both
of the right crucial for the success attracts and retains
people of the Group in meeting people with the skills
our objectives. This and behaviour that we
applies not only to need. During the year
being able to recruit we have created a competency
people who embody our framework which will
values, but also to help us identify skills
recruiting people with gaps for recruitment,
specific technical skills enable us to create
where needed, some of more opportunities for
which may be in short personal growth development.
supply. It also involves It also links into our
developing the skills performance management
in-house and creating to help us ensure we
internal mobility around are identifying and
deploying those skills. rewarding the people
that embody the competencies
we need to drive the
business forward.
---------- ------------------------------ ---------------------------------
Reliance on Our business model means We have dedicated teams
key partners that we work with several to work alongside our
and suppliers key partners to deliver key partners and we
service to our customers; monitor all of our partnerships
they include Amazon closely to ensure that
Web Services, BT, Cisco, our partners embody
ForgeRock, Microsoft. our key values and we
can work together to
resolve any minor issues
before they become significant.
We also have multiple
partners in key risk
areas to mitigate the
risk in the event of
failure of one partner.
---------- ------------------------------ ---------------------------------
Directors' Responsibilities Statement
Each of the Directors as at 31 March 2015 whose names and
functions are listed on pages 28 and 29 of the Annual Report
2014/15 confirm that, to the best of their knowledge:
-- The financial statements, which have been prepared in
accordance with International Financial Reporting Standards as
adopted by the European Union, give a true and fair view of the
assets, liabilities, financial position and profit of the Group and
Company; and
-- The Strategic report and Directors' report contained in the
annual report includes a fair review of the development and
performance of the business and the position of the Group and
Company, together with a description of the principal risks and
uncertainties that they face.
In the event of any queries, please contact Kathy Smith, Company
Secretary on 01924 882501.
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACSMMGGNLMKGKZG
Kcom (LSE:KCOM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kcom (LSE:KCOM)
Historical Stock Chart
From Apr 2023 to Apr 2024