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FOCUS
O N
GROWTH
ANNUAL REPORT 2022
Visit our website for related information: www.compass-group.com
Our 2022 Sustainability Report will be available online in January 2023.
STRATEGIC REPORT
2 Business model
4 Chair’s letter
5 Market review
6 Chief Executive’s review
8 Our strategy
9 Key Performance Indicators
10 Health and Safety
11 Ethics and Integrity
12 Performance
13 Operating framework
14 Financial review
20 Regional reviews
22 Risk management
24 Principal risks
29 Viability statement
30 People
36 Purpose
43 Task Force on Climate-related
Financial Disclosures
51 Non-financial information statement
CORPORATE GOVERNANCE AND DIRECTORS’ REPORT
52 Chair’s letter
53 Compliance with UK Corporate Governance Code2018
54 Board of Directors
58 Executive Committee
62 Governance
68 Stakeholder engagement
74 Audit Committee report
79 Corporate Responsibility Committee report
82 Nomination Committee report
86 Directors’ Remuneration report
114 Other statutory disclosures
118 Directors’ responsibilities statement
INDEPENDENT AUDITOR’S REPORT
119 Independent Auditor’s report
FINANCIAL STATEMENTS
128 Consolidated financial statements
134 Group accounting policies
144 Notes to the consolidated financial statements
213 Parent Company financial statements
215 Parent Company accounting policies
217 Notes to the Parent Company financial statements
SHAREHOLDER INFORMATION
220 Shareholder information
CONTENTS
Compass Group PLC, the parent company of the Group, is a non-trading investment holding company
which derives its distributable reserves from dividends paid by subsidiary companies.