Gearbulk Integrated Report 2023 - Report - Page 5
INTEGRATED REPORT 2023
De昀椀nitions
Throughout this report “Gearbulk”, “Company”, “Group”, “we”, “us” and “our” refer to
Gearbulk Holding AG and its subsidiaries. Subsidiaries comprise entities consolidated
under either the voting interest method or the variable interest method.
Forward looking statements
This reports contains information relating to future prospects and the Company’s
future performance. The statements contained in this report are management’s
best estimates, and judgement is involved in various aspects of the report at the
time the report was drafted.
Board responsibility statement
The Board acknowledges its responsibility to ensure the integrity of this report,
that it addresses all material matters and o昀昀ers a balanced view of Gearbulk’s
strategy and how it relates to the organisation’s ability to create value in the short,
medium and long term.
The Board believes that the report adequately addresses Gearbulk’s use of and
e昀昀ects on the capitals and how the availability of these capitals a昀昀ects Gearbulk’s
strategy and business model.
The Board con昀椀rms this report was prepared in accordance with the “IR” Framework.
The Board is ultimately responsible for this report, which is prepared under the
supervision of senior management and subject to a rigorous internal review process.
The report is submitted to the Audit Committee which reviews its content and
the collation process, relying on the assurance provided on the various reporting
elements. The committee recommended the report for Board approval.
We sustain and create value through our capitals, which include:
Financial
Capital
Manufactured
Capital
Intellectual
Capital
Human
Capital
Social and
Relationship
Capital
Natural
Capital
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