41061 Unite AR22 HI-RES WEB-READY - Flipbook - Page 4
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THE UNITE GROUP PLC | Annual Report and Financial Statements 2022
OUR 2022 ANNUAL REPORT AT A GLANCE
OUR
PURPOSE-LED
STRATEGIC
APPROACH
04
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Our purpose, Home for
Success, is fundamental
to everything we do at
Unite. It means providing
a safe and welcoming
home where students
from the UK and all over
the world can achieve
their aspirations.
WHY INVEST
IN UNITE
12
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We are the UK’s largest owner, manager
and developer of purpose-built student
accommodation, serving the UK’s worldleading Higher Education sector.
CONTENTS
STRATEGIC REPORT
CORPORATE GOVERNANCE
FINANCIAL STATEMENTS
01
Highlights
88
Independent auditor’s Report
Our 2022 Annual Report
at a glance
Chair’s introduction to
Governance
169
02
179
Consolidated income statement
90
Board of Directors
179
04
Being purpose-led
94
Board statements
Consolidated statement of
comprehensive income
05
Who we are
97
Board leadership and purpose
180
Consolidated balance sheet
06
Our purpose
105
Division of responsibilities
181
Company balance sheet
08
Business model
107
Board activities
182
06
Why invest in Unite
115
Nomination Committee
Consolidated statement of
changes in shareholders’ equity
14
Chief Executive’s review
119
Audit & Risk Committee
183
20
Market overview
125
Sustainability Committee
Company statement of changes
in shareholders’ equity
24
Our strategic objectives
128
Health & Safety Committee
184
30
Key performance indicators
131
Remuneration Committee
Consolidated statement of
cash flows
32
Financial review
164
Directors’ Report
185
46
Sustainability and non-financial
reporting
167
Statement of Directors’
Responsibilities
Notes to the financial
statements
66
Section 172
69
TCFD
244
Financial record
77
Risk management
245
Glossary
248
Company information
OTHER INFORMATION
View our 2022 Annual Report & Accounts
online at: unitegroup.com/investors/
reports-and-presentations
Page references are shown throughout
for links to important content