DP Poland : PLC_Annual Report_2022

DP POLAND PLC 2022

ANNUAL REPORT

AND ACCOUNTS

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DP Poland PLC

Annual Report and Accounts 2022

STRATEGIC REPORT

1. Company Information
2. Company Profile
3. Risk Management

1. Chairman's Statement
2. Chief Executive's Review

1. Chief Financial Officer's Review

GOVERNANCE

17 The Board

19 Directors' Report

1. Statement on Corporate Governance

1. Remuneration Report

1. Statement of Directors' Responsibilities
2. Independent Auditors' Report

FINANCIAL STATEMENTS

1. Group Income Statement
2. Group Statement of Comprehensive Income
3. Group Balance Sheet
4. Company Balance Sheet
5. Group Statement of Cash Flows
6. Company Statement of Cash Flows
7. Group Statement of Changes in Equity

1. Company Statement of Changes in Equity
2. Notes to the Financial Statements

72 Notice of Annual General Meeting

STRATEGIC REPORT

Company Information

Directors	David Wild - Non-Executive Chairman
	Nils Gornall - Chief Executive Officer
	Edward Kacyrz - Chief Financial Officer
	Przemyslaw Glebocki - Non-Executive
	Jakub Chechelski - Non-Executive
	Jeremy Dibb - Non-Executive
	Andrew Rennie - Non-Executive
Secretary	Petershill Secretaries Limited
Registered Office	1 Chamberlain Square Cs
	Birmingham, England,
	B3 3AX
Registered Number	7278725
Website	www.dppoland.com
Group Head Office - Poland	ul. Dąbrowiecka 30
	03-932 Warsaw
Nominated Adviser and Broker	Singer Capital Markets Advisory LLP
	1 Bartholomew Lane
	London
	EC2N 2AX
Solicitors	Bird & Bird LLP
	12 New Fetter Lane
	London
	EC4A 1JP
Auditors	Mazars LLP
	160 Midsummer Boulevard
	Milton Keynes
	Buckinghamshire
	MK9 1FF
Registrars	SLC Registrars
	PO Box 5222
	Lancing
	BN99 9FG
Principal Bankers	BNP Paribas Bank Polska S.A.
	Ul. Piekna 20
	00-549 Warsaw

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STRATEGIC REPORT

Company Profile

DP Poland PLC ("DPP" or "the Company"), through its wholly owned subsidiary DP Polska S.A. ("DPPSA"), has the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in Poland. DPP is a UK based company listed on the AIM Market on the London Stock Exchange.

The first Domino's Pizza store was opened in Warsaw in February 2011. In January 2021 the Group acquired the entire share capital of Dominium S.A. ("Dominium") which operated a total of 57 pizza restaurants in various locations across Poland. The exclusive rights of the Master Franchise Agreement have been granted to DPPSA for an initial period of 15 years with an option to renew for a further 10 years, subject to certain conditions. At the 2022 year-end there were 113 Domino's Pizza stores across Poland.

In July 2022 the Group acquired the entire share capital of All About Pizza d.o.o. ("AAP") together with exclusive rights of the Master Franchise Agreement concluded in July 2019 with Domino's Pizza International Franchising Inc. At the 2022 year-end APP operated 3 pizza restaurants in Croatia.

Poland has a population of 38 million people and has the potential to become a significant pizza delivery market. Croatia with the population of 4 million people is perceived by the directors to have strategic expansion opportunities given the current lack of chained sectoral competition.

DPP's objective is to establish Domino's Pizza as the leading pizza brand in Poland and Croatia.

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