One Caribbean Media : 02 May 2023 – One Caribbean Media Limited – Annual Report 2022

ANNUAL REPORT 2022

ASPIRATION STATEMENT

To be the leading regional corporation with global reach serving as the most credible and authoritative source of news, information and entertainment in and of the Caribbean.

To take the leadership role in the development of the media industry by:

• Zealously guarding and advocating the Freedom of the Press/Media.
• Observing and promoting the highest professional standards.
• Providing training and development opportunities for media personnel.

To be an exemplary employer.

To make sound investments in diverse businesses that will provide for the leveraging of the Group's assets and competencies and the creation of shareholder value.

To take a leadership role in corporate social responsibility initiatives in the region.

TABLE OF CONTENTS

Corporate Information			03
The Brands			04
Chairman's Statement	02		06
Group Chief Executive Officer's Statement	02		07
Our Diversification Path			09
Corporate Social Responsibility		1	12
Board of Directors			15
Corporate Governance 07			18
Organisational Chart and Executive Team			20
Financial Performance Summary - Graphs			22
Directors' Report			23
Directors' and Senior Officers' Interests and Major Shareholders		24
Statement of Management's Responsibilities		26
Independent Auditor's Report			27
Consolidated Statement Of Financial Position		32
Consolidated Statement of Profit or Loss			34
Consolidated Statement of Comprehensive Income		35
Consolidated Statement of Changes in Equity		36
Consolidated Statement of Cash Flows			37
Notes to the Consolidated Financial Statements		38
Notice of Meeting			99
Proxy Form			101

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CORPORATE INFORMATION

HEAD OFFICE	COMPANY SECRETARY	REGISTRAR
Express House	Karlene Ng Tang	The Trinidad and Tobago
35-37 Independence Square,	35-37 Independence Square,	Central Depository Limited
10th Floor, Nicholas Tower,
Port of Spain,	Port of Spain,
Trinidad and Tobago	Trinidad and Tobago	63-65 Independence Square,
Tel: [phone],		Port of Spain,
	Trinidad and Tobago
868-627-8806
Fax: [phone]
	ATTORNEYS-AT-LAW

Juris Chambers

39 Richmond Street,

Port of Spain,

Trinidad and Tobago

Ezra Alleyne

Attorney-at-law

Suite 202, Kays House,

Roebuck Street,

Bridgetown,

Barbados

C. Anthony Audain

Aâstra Law, Aâstra House

St. Matthias Road

Christ Church,

Barbados

Carrington & Sealy

Belmont House

Belmont Road

St. Michael

Barbados

Alicia A. Archer

Artemis Law

Venus House

Walrond St.

Bridgetown

Barbados

AUDITORS

BDO Trinidad and Tobago 122-124Frederick Street 2nd Floor, CIC Building Port of Spain

BOARD OF DIRECTORS

CHAIRMAN

Mr.Faarees Hosein

DIRECTORS

• Mrs. Dawn Thomas • Dr. Grenville Phillips • Mr. Michael Carballo • Mr. Peter G. Symmonds K.C.
• • Mr. Gregory Thomson • Mr. Douglas Wilson • Mrs. Renee-Ann Kowlessar • Mr. Noel Wood

Number of employees:573

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