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Annual Report Competition


Background
Judges
Who can Participate
Presentation of Awards
Winners

Background
The South Pacific Stock Exchange Annual Report Competition began in 1981. Since then it has evolved to accommodate different nature and types of organizations. The Competition is annually organized by the South Pacific Stock Exchange and entries open in January / February every year.

The main objectives of the competition are:

    • To encourage greater disclosure of financial and other relevant information vitally needed by the prospective investors.
    • To encourage public awareness of an enterprise, its achievements and contributions towards the economy and the welfare of the Nation.
    • To assist in the development and growth of organizations and measure their performances.

The standard of reporting in companies and other organizations that have entered the competition through the years has improved tremendously. Most entrants now use more effective presentations using artistic diagrams, photographs and other innovative designs.

The SPSE Annual Report Competition provides the only means by which annual reports of enterprises in Fiji are evaluated outside the audit process.

Judges
The penal of judges for the competition are independent from the Exchange. They have professional Accounting background and high reputations in society. They come from various professional financial institutions including Accountants, Capital Market, Academics and other Financial Institutions. There are 6-7 judges for this competition and their decisions are final.

Judging Criteria:

 

ANNUAL REPORT COMPETITION JUDGING CRITERIA

OBJECTIVES OF THE ORGANIZATION

Category A

Category B

Category C

Category D

Points

Points

Points

Points

Mission Statement

5

5

5

5

Aims and Objectives

5

5

5

5

 

 

 

 

 

CHIEF EXECUTIVE/CHAIRPERSON'S REPORT

 

 

 

 

Operations

20

20

20

20

Review of Progress for the Year in relations to Aims & Objectives

10

10

10

10

Corporate Governance

20

20

20

20

Plans and Prospects

10

10

10

10

Corporate Social Responsibilities

10

10

10

10

 

 

 

 

 

FINANCIALS

 

 

 

 

Profit and Loss Statement and Associated Notes

20

20

20

20

Balance Sheet and Associated Notes

20

20

20

20

Cash Flow Statement and Associated Notes

10

10

10

10

Statement of Changes In Equity

5

N/A

5

5

South Pacific Stock Exchange Requirements

N/A

N/A

N/A

10

Additional Information

10

N/A

10

10

Compliance with Accounting Standards

15

15

15

15

 

 

 

 

 

Five Year Summaries

N/A

N/A

5

5

 

 

 

 

 

Presentation of the Report

10

10

10

10

 

 

 

 

 

TIMELINESS (Date of Auditor's Report)

 

 

 

 

Within 3 Months

5

5

5

5

Within 4 Months

2

2

2

2

4 to 6 Months

0

0

0

0

Over 6 Months

-5

-5

-5

-5

Click here to download/view the explanatory notes to the criteria for evaluating the chief executive/chairperson's report

Who can Participate
All eligible entities are invited to participate in this prestigious Annual Report Competition organized by the South Pacific Stock Exchange. There are 4 Categories A, B, C and D which gives opportunity for companies in different sectors to participate and win.

Category A: Statutory Authorities, Government Bodies & Unlisted Trusts

Category B: Co-operatives & Charitable Organizations

Category C: Other Companies and Unit Trusts

Category D: Listed Companies

All interested Companies are invited to submit 7 copies of their ANNUAL REPORT for their financial year ending from 1st January to 31st December each year. There are no costs to participate in this competition.

 

Presentation of Awards
The winners of this prestige competition is presented at the SPSE Awards Night. For further enquiries, please contact the South Pacific Stock Exchange on 330 4130 / 331 3764 fax 330 4145.

Winners
The annual report competition winners and runner ups for the past years are summarized below:


2009 Winners & Runner Ups

 

 
Category A
Category B
Category C
Category D
Winner
Fiji Development Bank
Fiji Red Cross Society
Air Pacific Limited
Amalgamated Telecom Holdings Ltd
1st Runner Up
Fiji Electricity Authority
Partners in Community Development Fiji
Airports Fiji Ltd
Fiji Television Ltd
2nd Runner Up
N/A
Foundation for Rural Integrated Enterprises ‘N’ Development (FRIEND)
Fiji International Telecommunications Limited
 (FINTEL)
Fiji Sugar Corporation Ltd


2008 Winners & Runner Ups

 

 

Category A

Category B

Category C

Category D

Winner

Reserve Bank of Fiji

Fiji Red Cross Society

 

Air Pacific Limited

 

Amalgamated Telecom Holdings Limited

1st Runner Up

Fiji Development Bank

 

Partners in Community Development Fiji

Merchant Finance

 

Fiji Television Limited & Fiji Sugar Corporation Limited

2nd Runner Up

Housing Authority

N/A

 

Fiji International Telecommunications Limited

N/A

 

 

2007 Winners & Runner Ups

 

Category A

Category B

Category C

Category D

Winner

Reserve Bank of Fiji and Fiji National Provident Fund

Fiji Red Cross Society

 

Air Pacific Limited

 

Amalgamated Telecom Holdings Limited

1st Runner Up

N/A

 

Partners in Community Development Fiji

 

Merchant Finance

 

Fiji Sugar Corporation Limited

 

2nd Runner Up

Housing Authority

 

N/A

 

Fiji International Telecommunications Limited

Fijian Holdings Limited

 

2006 Winners & Runner Ups

 

 

Category A

Category B

Category C

Category D

Winner

Housing Authority

 

Fiji Red Cross Society

 

Air Pacific Limited

 

Amalgamated Telecom Holdings Limited

 

1st Runner Up

Reserve Bank of Fiji and Fiji National Provident Fund

N/A

Merchant Finance

 

Fijian Holdings Limited

 

2nd Runner Up

N/A

N/A

Fiji International Telecommunications Limited

 

Fiji Sugar Corporation Limited

 

 

2005 Winners & Runner Ups

 

 

Category A

Category B

Category C

Category D

Winner

Reserve Bank of Fiji

 

Partners In Community Development Fiji

 

Air Pacific Limited

 

Amalgamated Telecom Holdings Limited

 

1st Runner Up

Fiji Development Bank

 

N/A

Fiji International Telecommunication Limited

 

Fijian Holdings Limited

 

2nd Runner Up

Housing Authority

 

N/A

Merchant Finance

 

N/A

Encouragement Award

Fiji Pine Trust

 

Fiji Bank & Finance Sector Employees Union

 

N/A

N/A

 

2004 Winners & Runner Ups

 

 

Category A

Category B

Category C

Category D

Winner

Housing Authority

 

 

Fiji Red Cross Society

 

Air Pacific Limited

 

Amalgamated Telecom Holdings Limited & Fijian Holdings Limited

 

 

1st Runner Up

Reserve Bank of Fiji

Fiji Bank & Finance Sector Employees Union

 

Fiji Pine Limited

 

N/A

2nd Runner Up

Fiji National Provident Fund & Fiji Development Bank

 

N/A

Merchant Finance

 

Fiji Sugar Corporation

 

 

2003 Winners & Runner Ups

 

 

Category A

Category B

Category C

Category D

Winner

Reserve Bank of Fiji

Fiji Bank & Finance Sector Employees Union

 

Air Pacific Limited

 

Fijian Holdings Limited

 

 

1st Runner Up

Fiji Development Bank

 

Fiji Teachers Union

 

Merchant Finance

 

Amalgamated Telecom Holdings Limited

2nd Runner Up

Fiji National Provident Fund

N/A

Unit Trust of Fiji

 

Fiji Sugar Corporation

 

 

2002 Winners & Runner Ups

 

 

Category A

Category B

Category C

Category D

Winner

Fiji Development Bank

 

Fiji Pine Trust

Fiji Pine Limited

Fijian Holdings Limited

 

 

1st Runner Up

Reserve Bank of Fiji

N/A

Air Pacific Limited

Fiji Sugar Corporation

2nd Runner Up

Land Transport Authority

N/A

Amalgamated Telecom Holdings Limited

Fiji Television Limited

 

2001 Winners & Runner Ups

 

 

Category A

Category B

Category C

Winner

Fiji Development Bank

 

Rewa Diary Cooperative Limited

Fiji Pine Limited

1st Runner Up

Reserve Bank of Fiji

Fiji Teachers Union

Air Pacific Limited

2nd Runner Up

Association of Development Financing Institution in the Pacific

Fiji Bank of Finance Sector Employees Union

Amalgamated Telecom Holdings Limited


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