Annual report and accounts 2006

Delivering on the strategy

We believe that we have a clear strategy and we are taking appropriate actions to develop it successfully. The strength of the base on which we build our strategy is, of course, equally important in determining how successful we will be in growing shareholder value, reliably and responsibly, in the long term.

The following section of the report describes some fundamental characteristics of our business which underpin the confidence we have in our long-term success.

– A balanced business model

– Strong long-term partnerships

– The best people and processes

– Comfortable with complexity

– An innovative approach

– Working and acting responsibly