In delivering on the group\u2019s strategic objectives, management aims to balance and optimise the trade-offs between capitals to ensure long-term growth and sustainability.<\/p>\n
While the commitment to investing in manufactured, intellectual, human and social and relationship capital erode financial capital in the short term, the long-term benefits are reflected in the group\u2019s industry leading financial and operating metrics and sustained shareholder value creation.<\/p>\n
Limiting the environmental impact of the operations to reduce the rate at which natural capital is depleted has a significant impact on financial capital in the short to medium term but should deliver the desired long-term benefits as the group ultimately moves towards carbon neutrality.<\/p>\n
The key constraints encountered during the year were in relation to manufactured capital<\/strong>.<\/p>\n The group has no financial capital<\/strong> constraints owing to the strong cash flows generated by the operations and access to borrowings. Should these financial resources prove insufficient, the group\u2019s strong balance sheet will enable management to access further loan funding or raise capital through the issue of shares.<\/p>\n","protected":false},"excerpt":{"rendered":" Material trade-offs of capitals In delivering on the group\u2019s strategic objectives, management aims to balance and optimise the trade-offs between capitals to ensure long-term growth and sustainability. While the commitment to investing in manufactured, intellectual, human and social and relationship capital erode financial capital in the short term, the long-term benefits are reflected in the […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-busmodel.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-561","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\n\n