Mary Shelleys Frankenstein Essay - 846 Words

Shelley’s Frankenstein does an excellent job at demonstrating the ideas and accomplishments of the enlightenment period. Shelly expresses these ideas and thoughts through the character of Victor Frankenstein who is an aspiring scientist seeking an intellectual challenge. Victor Frankenstein live s his hometown of Geneva and leaves in quest of a valued education in Ingolstadt. When Victor arrives at college he is lonely and finds himself in a new world in which he lives by himself. He than meets Mr. M. Waldman who is a chemistry professor. We can tell the Frankenstein is a representation of the Enlightenment and scientific period because he just like the earlier theorist Who is a Each character represents an important part of history such†¦show more content†¦He was such and outcast to the people around him because of his appearance, though at first the monster had sincere feelings for others, they began to diminish because of the rejection of people to accept him beca use he was alien to them. When Frankenstein realizes how hideous a creature he has mad he instantly creates a negative connotation of the monster. We know this because when the creature is brought to life Frankenstein says quot;For this I had deprived myself of rest and health. I had desired it with an ardour that far exceeded moderation; but now that I had finished, the beauty of the dream vanished, and breathless horror and disgust filled my heart (Chapter 5, pg. 42).† Immediately after the event he runs out of the laboratory petrified at what he had done. From the passage quoted above and from his actions in the labatory this further implies that Frankenstein was very unhappy with the result of his invention, resulting in negative actions toward him. Later in the book we learn to understand that the creature becomes violent. This is resulting from any encounters that the monster has had with people. When he soon learns the rejection of him by people, he becomes violent and sets out to kill Victor his creature. As the monster stumbles upon a young boy in a forest he plans to kidnap him, so that he would have someone to love. When he figures out that this isShow MoreRelatedMary Shelleys Frankenstein1689 Words   |  7 PagesGreat Expectations Fathers and Son, Frankenstein. The novel I have chosen to discuss is Frankenstein. Written in 1818 by Mary Shelley, Frankenstein is classified as a gothic novel, however, Shelly uses both realist and non-realist techniques. I will be looking at her reasons for writing the novel and what influenced her, as well as the realist and non-realist techniques used. I will be looking at some of the contemporary social issues that affected Shelley’s life at the time she wrote her novelRead MoreMary Shelleys Frankenstein1179 Words   |  5 Pagesbecome determined to perfect at what they do. They eventually become tragically doomed through creating their own individual moral codes by struggling with their internal battles within their minds. Mary Shelley presents us the first persona of a romantic hero through Victor Frankenstein in her book Frankenstein. Shelley fabricates Victor as the main narrator throughout the book, along with Captain Walton and the creature, which Victor creates. Another hero during the Romant ic era is the Ancient MarinerRead MoreMary Shelleys Frankenstein Feminism1429 Words   |  6 PagesRobert Youshock Prof. Matthew Gerber HIST 1012 10/19/18 Mary Shelley’s Frankenstein: Feminism before it was mainstream? Writing a paper on the topic of Frankenstein days before Halloween might give you the wrong idea- lets clear something up straight away Frankenstein is the doctor not the monster and the monster doesn’t have a name (which we later learn is mildly important to the story). You see, Mary Shelley’s Frankenstein is arguably a story of creation, murder, love, and learning amongst manyRead More Mary Shelleys Frankenstein Essay929 Words   |  4 PagesMary Shelleys Frankenstein The characterization of Victor’s creature, the monster, in the movie although somewhat dramatically different from Mary Shelley’s portrayal in the novel Frankenstein also had its similarities. Shelley’s views of the monster were to make him seem like a human being, while the movie made the monster out to be a hideous creation. The creature’s appearance and personality are two aspects that differ between the novel and movie while his intellectual and tender sidesRead More Mary Shelleys Frankenstein Essay1312 Words   |  6 PagesMary Shelleys Frankenstein In order to illustrate the main theme of her novel â€Å"Frankenstein†, Mary Shelly draws strongly on the myth of Prometheus, as the subtitle The Modern Prometheus indicates. Maurice Hindle, in his critical study of the novel, suggests, â€Å"the primary theme of Frankenstein is what happens to human sympathies and relationships when men seek obsessively to satisfy their Promethean longings to â€Å"conquer the unknown† - supposedly in the service of their fellow-humans†. ThisRead More Mary Shelleys Frankenstein Essay1622 Words   |  7 PagesMary Shelleys Frankenstein Nineteen-year-old Mary Shelley didn’t know when she began it that her â€Å"ghost story† would become an enduring part of classic literature. Frankenstein is an admirable work simply for its captivating plot. To the careful reader, however, Shelley’s tale offers complex insights into human experience. The reader identifies with all of the major characters and is left to heed or ignore the cautions that their situations provide. Shelley uses the second person narrativeRead MoreEssay on Mary Shelleys Frankenstein1643 Words   |  7 PagesMary Shelleys Frankenstein In 1818 a novel was written that tingled people’s minds and thrilled literary critics alike. Frankenstein was an instant success and sold more copies than any book had before. The immediate success of the book can be attributed to the spine-tingling horror of the plot, and the strong embedded ethical message. Although her name did not come originally attached to the text, Mary Shelley had written a masterpiece that would live on for centuries. Read MoreEvil in Mary Shelleys Frankenstein1462 Words   |  6 PagesMary Shelleys Frankenstein is very much a commentary on the Enlightenment and its failure to tame the human condition through reason. The human condition can be defined as the unique features which mold a human being. The creature is undoubtedly a victim of this predicament. He grapples with the meaning of life, the search for gratification, the sense of curiosity, the inevitability of isolation, and the awareness of the inescapability of death. These qualities and his ceaseless stalking of hisRead MoreMary Shelleys Frankenstein Essay1086 Words   |  5 Pages Mary Shelley wrote the book Frankenstein sometime in the 1810s. She was born in London in 1797 (Biography). Her mother was an author of prime literary stock who was trying to encourage women to pursue their ideas and strive to earn the status as equals. The Scientific and Industrial Revolutions that were taking place around Mary Shelley certainly influ enced her while she was writing the book. The creation of machines and experiments at the time made people wonder what the limit of human technologyRead More Mary Shelleys Frankenstein Essay753 Words   |  4 PagesMary Shelleys Frankenstein An outsider is someone who is not a member of a particular circle or group of people He/She is isolated (separated) from other people and regarded as being different such as people looking, dressing, acting or talk differently. Outsiders have always been around and always will exist! Because society (i.e. - those who are not outsiders) like someone to pick on to make themselves feel better or superior. Outsiders are treated in various ways, sometimes people

Human Resource Management And Its Impact On The...

Human resource management consists of planning, organising, directing and controlling of the procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual, organisational and social objectives are accomplished. Human resources are a critical, if not the source of, competitive advantage for the business, rather than, say access to capital or use of technology. Thus attention needs to be paid, at a strategic level, to the nature of this resource and its management, as this has impact on the performance of the organisation, however defined. Batt and Banerjee (2012) found that, in an analysis of strategic HR research articles in British and American journals, the link between†¦show more content†¦According to Taylor ´s research, people do not naturally enjoy work and worked purely for money. Paying is one of the, if not the most important part in a business. Business tends to exist if it’s making profit, an d employees would only work when they get paid. Therefore, different types of paying system have been developed. Piece-rate-pay is applied to industrial production very often; such as mass production factories where limited knowledge or skill are required for workers to repeat the same work and operate machineries. But in the 21 century, businesses are diversified for which new paying system is required. Skill-based pay is a compensation system that rewards employees with additional wages in exchange for formal certification of the employee’s mastery of skills, knowledge, and competencies. In skill-based pay systems, employees receive additional pay after their demonstrations of relevant skills, knowledge, and competencies that the system rewards. Thus, skill-based pay is considered as a person-based system, because it is based on the abilities of the person. Employees who possess special skills related to their job fields are benefit from such paying system. This long-term strategy can be applied to businesses that have more direct contacts with customers worldwide. For example, for those who are capable of speaking multi foreign languages are more likely to be paid extra in

Microbial Examination of Meat

Question: Discuss about theMicrobial Examination of Meat. Answer: Introduction Many genera of molds grow on meat surface which causes spoilage. They can grow on meat which is stored below five degrees centigrade. The freshly cut meat in the refrigerator at extremely high humidity undergoes bacterial spoilage. The extrinsic and intrinsic parameters of ground beef favor bacterial growth. The spoilage of meat is characterized by the appearance of off odors and slime. This is indicated at a point when surface load exceeds 107 CFU/cm2. The slime is as a result of bacterial cell accumulation. The spoilage of meat occurs in the absence of substantial decomposition of structure of primary protein. The spoilage bacteria use glucose, free amino acids, and other simple nitrogenous compound to acquire a population of around 108 CFU/cm2. This is the point at which meat organoleptic quality will precisely reveal that the meat is spoilt (Nychas et al. 2012). The microorganisms like mold and bacteria present in meat cause the breakdown of fats and proteins which spoil the meat. After the death of an animal, cells in meat begin to decompose without being substituted by newfangled cells. Accordingly, meat becomes spoilt in the absence of proper storage. Chemicals in it gradually decline to a level at which meat becomes flabby to be consumed. Exposure to light and heat speed up the decomposition. The bacteria initially present in animals flesh before it died or those that invade it after death will be the agents for spoilage. The rotten, sulfurize and sour odor shows that bacterial colony has hit dangerous heights (Koutsoumanis et al. 2013). Mold like warm or moist places with a lot of sources of food like meat that makes a great dwelling for a mold colony. The mold spread over the meat surface in fuzzy or colorful patches which alter the texture and taste of meat in a manner which most people find unsafe or regarded spoiled. Various types of pathogenic microorganism grow on meat including Bacillus, Staph, salmonella, clostridium, yeast and molds, E.coli. These microorganisms infect meat even during processing, cutting, packaging, transportation, sales, and handling. Other bacteria include: B. proteus Faecal streptococci S. epidermis Shigella spp. Cl. Welchil They are carried by humans, and those infectious ones from soil include Cl. Botulinum. On the other hand, the conventional mold infecting meat include: Penicillium Mucor Cladosporium Alternaria Thamnidium Sporotrichium The above microorganisms colonize meat and start to break the piece down. In the process, the toxins that cause enteritis are left behind which are lethal in the case of botulism. These microorganisms can affect an animal as an endogenous disease (alive animal) or exogenous disease (contaminating the meet after butchered) (Borch, Kant-Muermans and Blixt 2011). Care has to be taken after slaughter to avoid infection of meat via contact with various sources of infection. Various tests during production and processing of meat can help detect the presence of these infectious microorganisms. References Borch, E., Kant-Muermans, M.L. and Blixt, Y., 2011. Bacterial spoilage of meat and cured meat products. International journal of food microbiology, 33(1), pp.103-120. https://www.sciencedirect.com/science/article/pii/016816059601135X Koutsoumanis, K., Stamatiou, A., Skandamis, P. and Nychas, G.J., 2013. Development of a microbial model for the combined effect of temperature and pH on spoilage of ground meat, and validation of the model under dynamic temperature conditions. Applied and Environmental Microbiology, 72(1), pp.124-134. https://aem.asm.org/content/72/1/124.full.pdf+html Nychas, G.J.E., Skandamis, P.N., Tassou, C.C. and Koutsoumanis, K.P., 2012. Meat spoilage during distribution. Meat science, 78(1), pp.77-89. https://www.researchgate.net/profile/Chrysoula_Tassou/publication/51776279_Meat_spoilage_during_distribution/links/09e415005712d75ff6000000/Meat-spoilage-during-distribution.pdf

Nero Cafe Financials Essay Example

Nero Cafe Financials Essay THE BEST ESPRESSO THIS SIDE OF MILAN’ ANNUAL REPORT 2008 HIGHLIGHTS FY2008 (JUNE 2007 – MAY 2008) FINANCIAL EVOLUTION STORES 371 REVENUE (? M) 129. 3 108. 8 90. 7 FY08 GROWTH 19% 70. 1 50. 5 REVENUE UP 19% TO ? 129. 3M (2007: ? 108. 8M) LIKE-FOR-LIKE STORE SALES INCREASED BY 2. 4% EBITDA ROSE BY 20. 5% TO ? 24. 1M (2007: ? 20M) PRE TAX PROFIT CLIMBED BY 38% TO ? 13. 2M (2007: ? 9. M) STRONG CASH GENERATION CONTINUES TO FUND ROLL-OUT OF NEW STORES A NET INCREASE OF 61 NEW STORES DURING THE YEAR, BRINGING GROUP TOTAL TO 371 YEAR END LAUNCHED â€Å"NERO EXPRESS† CARTS FOR AIRPORT AND RAILWAY STATION HUBS: OPERATING WITH A TOTAL OF 15 NERO EXPRESS CARTS BY YEAR END (MAY 2008) ENTERED FIRST INTERNATIONAL MARKET TURKEY. OPENED 7 STORES BY YEAR END (MAY 2008) CURRENTLY 393 STORES IN 210 UK CITIES AND TOWNS; ANTICIPATE 410 STORES BY CURRENT YEAR END (MAY 2009) 04 05 06 262 FY08 GROWTH 20% 214 162 10 07 08 04 05 06 07 08 STORE PROFIT (? M) 32. 7 28. 3 FY08 GROWTH 16% 10. 6 23. 0 16. 8 FY08 GROWTH 20. 5% EBITDA (? M) 24. 1 20. 0 15. 6 11. 3 6. 5 04 05 06 07 08 04 05 06 07 08 PROFIT BEFORE TAX (? M) 13. 2 9. 6 FY08 GROWTH 38% 7. 3 5. 1* 2. 4 04 05 06 07 08 *BEFORE GOODWILL WRITE-OFF 01 05 08 09 10 12 FINANCIAL EVOLUTION CHAIRMAN’S STATEMENT GROUP INCOME STATEMENT GROUP BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS THE EXECUTIVE BOARD DIRECTORS ADVISERS 13 CAFFE NERO STORES FIGURES FOR 2004 ARE STATED UNDER UK GAAP AND PROFIT FIGURES ARE BEFORE GOODWILL AMORTISATION AND EXCEPTIONALS CAFFE NERO GROUP LTD ANNUAL REPORT 2008 FINANCIAL EVOLUTION 01 CAFFE NERO HAD THE WIT AND VISION TO WISELY CULTIVATE A MORE ENDURING, SOPHISTICATED EUROPEAN IMAGE SUNDAY HERALD 2008 02 03 CHAIRMAN’S STATEMENT INTRODUCTION The financial year 2008 (FY2008), for the Caffe Nero Group (â€Å"the Group† or â€Å"Caffe Nero†), was a year of launching into new business areas as well as expanding Caffe Nero’s core UK high street business. We will write a custom essay sample on Nero Cafe Financials specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Nero Cafe Financials specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Nero Cafe Financials specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Despite a noticeable consumer slowdown from September 07 – May 08, Caffe Nero successfully launched a new division and format called Nero Express; opened in its first international territory – Turkey; progressed its UK expansion by moving into Northern Ireland; continued to rank as the top UK coffee house brand among its peers; and recorded a very solid financial performance. FINANCIAL During FY2008, the Group had success both with top line revenue and with bottom line profit. Although the surrounding economic environment in the UK was challenging, revenue still moved up by 19% to ? 129. 3m (2007: ? 108. m). Like for like store sales were a respectable 2. 4%, marking 44 consecutive quarters of positive like for like store growth at Caffe Nero. Cash flow profit (EBITDA) also progressed significantly despite substantial rises in costs. Commodity prices – wheat, milk, coffee and oil – along with minimum wage and various other ingredient costs, all rose in the period. Whilst this put pressure on our margin, Caffe Nero was still able to grow EBITDA by nearly 21% to ? 24. 1m (2007: ? 20m). Likewise, at the pre-tax profit line, respectable gains were made: pre-tax profit rose by 43% to ? 13. 7m (2007: ? 9. m), which was ahead of management expectations. A second major advancement in the year was to open in our first international territory Turkey. We launched Caffe Nero Turkey in October 2007, which entailed forming a separate JV company based in Istanbul, building a team, developing operational expertise, securing sites and constructing stores. We managed to do all of the above and open seven stores in the year. By the year end we had approximately 100 people in Caffe Nero Turkey. This was a great start for our fi rst overseas territory, and a tribute to the hard work and dedication by our local partners and Turkish management team. The third area of progress was with our core UK business. We opened 39 new stores in the year, including our first foray into Northern Ireland. In a two month period we launched three successful stores in the greater Belfast area, and then, more recently, have opened a fourth store in the same area. The management team has been very pleased by the early results from this new grouping of stores. In total, the Group opened 61 stores in the 12 months to May 08, taking Caffe Nero to 371 stores at year end. BRAND We were proud to note that the Group received accolades from its peers recently. Caffe Nero was ranked as the most respected coffee house brand in the United Kingdom by independent UK coffee operators (Allegra Strategies 2008 Independent Coffee Operators survey) in September 2008. Caffe Nero was also named one of the most respected brands in all of the UK Food and Beverage (F B) industry in a recent survey of several hundred F B executives. It ranked just behind Marks Spencer and Tesco and ahead of Pizza Express and Starbucks. The survey included all types of F B businesses, ranging from food retailers to restaurants and pub groups to food service companies to food manufacturers. Allegra Strategies, â€Å" Top of the Mind† F B executive survey November 2008). During FY2008, the Caffe Nero brand also continued its â€Å"Partnership with the Arts† programme. It promoted and sponsored the RSC’s celebration of 100 years of English history, the Tutankhamen exhibition at the O2 and the First Emperor exhibition at the British Museum. We have co ntinued this partnership at the beginning of FY2009 by sponsoring the Rothko exhibition at the Tate Modern. â€Å"HOT, STRONG AND DELICIOUS COFFEE† HARDEN`S LONDON RESTAURANT GUIDE 2008 Our cash position also remained strong. Despite opening more than 60 stores in the year, the cash position of the Group at the year end was similar to that of the year before, namely more than ? 9m of cash at hand. GROWTH The Group advanced in three key areas during FY2008. The first was the launch of a new sub-brand called Nero Express. Nero Express units are smaller kiosks located in main transport hubs. They provide Caffe Nero coffee and a narrower food menu to â€Å"on the go† consumers. Caffe Nero opened 15 Nero Express units in its first year of operation. Setting up a separate organisation and working out the logistical issues of operating in railway stations and airports was no small challenge. We are very pleased with all the progress that has been achieved in our first 12 months of operating this division, and look forward to growing and strengthening our Nero Express business both in the UK and internationally. CAFFE NERO GROUP LTD ANNUAL REPORT 2008 CHAIRMAN’S STATEMENT 04 05 CHAIRMAN’S STATEMENT (CONTINUED) CURRENT TRADING The current economic climate remains challenging for most UK retailers. Costs have been increasing over the last 12 months, particularly hitting food and beverage operators, and consumer spending has also been slumping. There is evidence emerging, however, that cost inflation is abating in some key areas such as oil, heat and light, wheat and milk, which will help our margin in the coming months. To date, Caffe Nero has handled the turbulent times relatively well. We opened 22 new stores between June and October (the first five months of FY 2009), giving the Group a total of 393 stores. This total includes 11 stores in Turkey and 16 Nero Express kiosks. Caffe Nero also maintained its positive like for like store sales growth from June – October 08, and sales overall grew by 15%. The consumer environment looks set to remain challenging and will likely soften even further in the coming months. That said, a recent independent report by Allegra Strategies has indicated that the branded coffee market is forecast to continue to experience 6% annual growth. Caffe Nero’s strong brand and low price point, with an average transaction spend of ? 3. 40, will undoubtedly help to mitigate some of the predicted downturn as consumers refuse to relinquish their â€Å"affordable treat† in gourmet coffee. Whilst we anticipate that the second half of the year (Dec – May 2009) will be more challenging for our business than the first half, we remain committed to a measured expansion plan. During this period, we will also focus on our existing estate, with an emphasis on driving marginal revenue, maximising profit and preserving cash. In December we will open our first Middle East store in the Dubai Mall, the world’s largest inside shopping complex. At least two more stores in Dubai will follow shortly thereafter. We also anticipate adding two or three more stores in Turkey by the year end. Regarding the UK market, we will carry on opening stores at a steady pace. In total, we anticipate opening more than 35 stores in the year and remain confident of achieving double-digit sales growth. UK COFFEE OPERATORS RANK CAFFE NERO AS MOST RESPECTED COFFEE BRAND ALLEGRA STRATEGIES, INDUSTRY SURVEY ON COFFEE 2008 GERRY FORD CHAIRMAN CHIEF EXECUTIVE 24 November 2008 06 07 GROUP INCOME STATEMENT FOR THE YEAR ENDED 31 MAY 2008 GROUP BALANCE SHEET FOR THE YEAR ENDED 31 MAY 2008 Notes 2008 ? 000 2007 ? 000 Notes 2008 ? 000 2007 ? 000 Revenue Cost of sales Gross profit Administrative expenses excluding depreciation, amortisation and impairment and exceptional items Earnings before interest, tax, depreciation, amortisation, impairment and exceptional items Administrative expenses – depreciation, amortisation and impairment Operating profit before exceptional items Administrative expenses – exceptional item Total administrative expenses Operating profit Bank interest receivable Finance expense Profit before taxation Tax on profit on ordinary activities Profit attributable to equity holders of the parent (2) 129,307 (96,591) 32,716 (8,660) 108,819 (80,488) 28,331 (8,290) Non-current assets Goodwill Software Property, plant and equipment Lease premiums Other receivables 831 92 53,019 2,240 1,040 57,222 Current assets Inventories Lease premiums Other receivables Cash and cash equivalents 1,058 543 5,490 9,580 16,671 Total assets Current liabilities Trade and other payables Provisions (24,388) (24,388) Non-current liabilities Provisions Total liabilities Net assets Equity Called up share capital Share premium account Capital redemption reserve Options tax reserve Other reserve Retained earnings Shareholders’ equity 389 13,385 15 – 6,249 29,411 49,449 389 13,385 15 – 6,249 16,182 36,220 (56) (24,444) 49,449 (63) (29,631) 36,220 (29,463) (105) (29,568) 73,893 872 363 1,721 10,399 13,355 65,851 831 125 48,697 2,561 282 52,496 4,056 (11,154) 12,902 (19,814) 12,902 327 13,229 13,229 20,041 (8,894) 11,147 (1,249) (18,433) 9,898 423 (762) 9,559 (5,116) 4,443 08 CAFFE NERO GROUP LTD ANNUAL REPORT 2008 GROUP INCOME STATEMENT CAFFE NERO GROUP LTD ANNUAL REPORT 2008 GROUP BALANCE SHEET 09 NOTES TO THE FINANCIAL STATEMENTS AT 31 MAY 2008 2. TAXATION a) Analysis of tax charge in the year Current tax Deferred tax Income tax expense reported on consolidated income statement 2008 ? 000 2007 ? 000 – – 5,585 (469) 5,116 b) Reconciliation of total tax charge The tax assessed for the year differs from the avarage standard rate of corporation tax in the UK of 29. 67% (2007 – 30%). 2008 The differences are explained below: ? 00 Profit on ordinary activities before tax Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 29. 67% (2007 – 30%) Effect of: Expenses not deductible for tax purposes Movement in deferred tax asset not recognised Group relief Adjustment for prior year deferred tax Reversal of deferred tax previously recognised Income tax expense reported on consolidated income statement 13,229 3,925 856 2,135 (6,916) – – – 2007 ? 000 9,559 2,868 1,045 – 169 (10) 1,382 5,116 c) Deferred tax Deferred tax recognised in the financial s tatements and the amounts not recognised are as follows: 2008 Recognised Not recognised ? 000 ? 000 2007 Recognised Not recognised ? 000 ? 000 Decelerated/(accelerated) capital allowances Other timing differences Tax losses Deferred tax asset – – – – 2,369 193 139 2,701 – – – – 1. 087 299 149 1,535 CAFFE NERO IS STILL ONE OF THE FASTEST GROWING BRANDS IN EUROPE BUSINESS WEEK MAGAZINE EURO 500 2008 Deferred tax assets are recognised once it is considered more likely than not that they will be recoverable against future taxable trading profits arising in the group. 3. AUDITED ACCOUNTS The income statement and balance sheet extracted from the statutory financial statements for Caffe Nero Group Limited. Full accounts are available from 3 Neal Street, London WC2H 9PU. The financial information provided is not inclusive of Caffe Nero Turkey. 10 CAFFE NERO GROUP LTD ANNUAL REPORT 2008 NOTES TO THE FINANCIAL STATEMENTS 11 THE EXECUTIVE BOARD DIRECTORS ADVISERS CAFFE NERO STORES BEBEK FLAGSHIP STORE IN ISTANBUL, TURKEY GERRY FORD CHAIRMAN AND CHIEF EXECUTIVE Dr Ford oversees the general management, strategy, and branding of Caffe Nero. Dr Ford first developed his European coffee house concept in 1996. The concept was applied to the five original sites acquired in 1997, and the brand has subsequently been rolled-out throughout the UK. Dr Ford holds a BA from Stanford, an MBA from INSEAD and a PhD from Oxford. He has over 20 years experience managing, advising and investing in small and medium sized consumer goods companies. He also co-founded Paladin, a private equity group which invests in food, consumer brands, and media businesses. In 2005, Dr Ford was named â€Å"UK Entrepreneur of the Year† by the Financial Times, London Stock Exchange and the British public. BEN PRICE FINANCE DIRECTOR Mr Price oversees all financial aspects of the group as well as site acquisitions in the UK. Mr Price has a physics degree from Oxford and qualified as an accountant with Ernst Young, where he worked for five years in the audit practice. Since then he has had over 15 years of senior finance management experience in the retail sector. For three years he was at Dixons, where he became one of the senior finance managers reporting directly to the Group Finance Director. He then served as the finance controller of a furniture retailer before joining Caffe Nero in June 1997 as part of Dr Ford’s original management team. JONATHAN HART MANAGING DIRECTOR, UNITED KINGDOM Mr Hart is responsible for the growth and general management of the day-to-day operation of the UK business. He has over 20 years of retail experience with a number of major-brand companies including Tesco, Woolworths and Dixons, where he was responsible for creating and growing a number of its businesses including The Link, Dixons Tax-Free and international e-commerce. At Dixons he became a member of the Group Executive Committee reporting to the Group CEO and responsible for all of the Group’s high street formats with a turnover exceeding ? 1 billion. ISIK KECECI ASUR MANAGING DIRECTOR, CAFFE NERO TURKEY Ms Asur heads the Caffe Nero Turkish joint venture, and along with her husband, Mustafa Asur, holds a 50% investment stake. Ms Asur has over 20 years management experience in media and branded consumer goods. As Director of corporate development for Bertelsmann AG New York, Ms Asur successfully led several MA projects, later becoming a board member for the largest media conglomerate in Turkey – Dogan Holding. In 2001, she founded Al Shaya Turkey, a multi-brand retail operation including Starbucks, The Body Shop and Debenhams. A graduate of Harvard Business School, Ms Asur was named as the CEO of the most admired company in Turkey in 2004 by the Capital magazine poll and a Global Leader by the Economic Forum in 2005. DIRECTORS G W Ford B J Price J D Hart I K Asur (Turkey) SECRETARY B J Price AUDITORS Ernst Young LLP 1 More London Place London SE1 2AF BANKERS Bank of Scotland The Mound Edinburgh EH1 1YZ SOLICITORS PWC Legal 1 Embankment Place London WC2N 6DX Linklaters 1 Silk Street London EC2Y 8HQ REGISTERED OFFICE 3 Neal Street London WC2H 9PU COMPANY NUMBER 4129005 HEATHROW T5 AIRPORT STORE NERO EXPRESS KIOSK 12 CAFFE NERO GROUP LTD ANNUAL REPORT 2008 THE EXECUTIVE BOARD DIRECTORS ADVISERS CAFFE NERO GROUP LTD ANNUAL REPORT 2008 CAFFE NERO STORES 13 CAFFE NERO GROUP LTD 3 NEAL STREET LONDON WC2H 9PU WWW. CAFFENERO. COM Manufactured from 100% Virgin ECF Fibre. Fully recyclable and manufactured from environmentally approved 100% ECF wood-pulp in mills with excellent environmental records. ISO14001 Accreditation    Designed by hattrick marketing 0870 609 3216 www. hattrickmarketing. com