Eqstra Holdings Limited Integrated Annual Report 2012

INTEGRATED ANNUAL REPORT 2012

REVIEW FROM THE chairperson and CHIEF EXecutive officer			review from the chief financial officer
	We have learnt many lessons from the market crash of 2008 and applied them in our business – our belief is that Eqstra is NOW BETTER positioned to withstand the impact of A continuing fallout from the Eurozone crisis.			Eqstra delivered a strong performance in a year that was characterised by a weakening economic environment, as outlined in the review from the chairperson and chief executive officer. During the year, management concentrated on operational efficiencies, cost control and financial prudence. Our strong cash flows and robust balance sheet continue to support our focused business model.

OUR STRATEGY	OUR OPERATING CONTEXT	HOW WE OPERATE	OUR PERFORMANCE

The group has a clear strategy of creating sustainable annuity revenue streams through the distribution, long-term lease and rental of mobile capital equipment and the provision of related value-added services to clients...	The group operates across a number of sectors, including mining, construction, commercial and industrial. During the year, the global economic outlook weakened, which resulted in lower business confidence, increased competition and a decrease in corporate ...	Implementing an integrated way of operating requires governance and operating systems that extend beyond financial and operational performance to include the management of sustainability issues that are material to the business...	We have learnt many lessons from the market crash of 2008 and applied them in our business – our belief is that eqstra is now better positioned to withstand the impact of a continuing fallout from the eurozone crisis...