{"id":9,"date":"2024-01-07T17:11:33","date_gmt":"2024-01-07T17:11:33","guid":{"rendered":"https:\/\/lavastone.mu\/annual-report-2023\/?page_id=9"},"modified":"2025-01-22T12:45:03","modified_gmt":"2025-01-22T12:45:03","slug":"home","status":"publish","type":"page","link":"https:\/\/lavastone.mu\/annual-report-2024\/","title":{"rendered":"home"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"9\" class=\"elementor elementor-9\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f9c8215 e-con-full e-flex e-con e-parent\" data-id=\"f9c8215\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-ae3c745 e-con-full elementor-hidden-mobile e-flex e-con e-child\" data-id=\"ae3c745\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-97458d8 e-con-full e-flex e-con e-child\" data-id=\"97458d8\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-de5eefc elementor-widget elementor-widget-heading\" data-id=\"de5eefc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">STEADY<BR>GROWTH<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8191df9 elementor-widget elementor-widget-heading\" data-id=\"8191df9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IN A CHANGING WORLD<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11f810d elementor-widget elementor-widget-text-editor\" data-id=\"11f810d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>ANNUAL REPORT <strong>2024<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-afc5d80 elementor-hidden-mobile e-flex e-con-boxed e-con e-parent\" data-id=\"afc5d80\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3ac4292 elementor-widget elementor-widget-html\" data-id=\"3ac4292\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<a class=\"hero-mouse anchor\" href=\"#reporting\">\r\n  <div class=\"mouse-icon\"><span><\/span><\/div>\r\n<\/a>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ea0c821 e-flex e-con-boxed e-con e-parent\" data-id=\"ea0c821\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-c7e6caf e-con-full e-flex e-con e-child\" data-id=\"c7e6caf\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-130370b elementor-widget elementor-widget-menu-anchor\" data-id=\"130370b\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"reporting\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69a61ab elementor-widget elementor-widget-text-editor\" data-id=\"69a61ab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>In a fast-paced world that values speed above all, Lavastone embraces a vision rooted in patience and purpose. We choose measured progress over rapid gains, carefully creating spaces that carry meaning and endurance. Our approach lies in building with intention, with every project designed to stand strong through generations, reflecting the same resilience and character as the heritage properties we steward.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa37144 elementor-widget elementor-widget-image\" data-id=\"fa37144\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"541\" height=\"154\" src=\"https:\/\/lavastone.mu\/annual-report-2024\/wp-content\/uploads\/2025\/01\/report_hd.svg\" class=\"attachment-full size-full wp-image-2139\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0fb5c5 elementor-widget elementor-widget-heading\" data-id=\"d0fb5c5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Reporting scope and boundary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-74f2992 elementor-widget elementor-widget-text-editor\" data-id=\"74f2992\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This integrated report covers the activities and performance of Lavastone Ltd (\u201cLavastone\u201d or the \u201cCompany\u201d) for the period 01 October 2023 to 30 September 2024. The reporting boundary includes Lavastone, its subsidiaries and associates, collectively referred to as \u201cLavastone Properties\u201d or the \u201cGroup\u201d.<\/p><p>This report communicates both financial and non-financial information relating to Lavastone\u2019s strategy, business model, operational performance, materials risks and opportunities, and governance practices. It aims to offer Lavastone\u2019s stakeholders with comprehensive, relevant information on how the Group creates value over the short, medium and long term, supporting more informed decision-making.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c7a23ac elementor-widget elementor-widget-heading\" data-id=\"c7a23ac\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FRAMEWORKS AND GUIDELINES<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8bb218 elementor-widget elementor-widget-text-editor\" data-id=\"b8bb218\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>The International Financial Reporting Standards (\u201cIFRS\u201d)<\/li><li>The guidelines contained within the Integrated Reporting Framework provided by the International Integrated Reporting Council (\u201cIIRC\u201d)<\/li><li>The National Code on Corporate Governance 2016 (\u201cthe Code\u201d)<\/li><li>\u00a0The DEM Rules<\/li><li>\u00a0The Companies Act 2001<\/li><li>\u00a0The Securities Act 2005<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49d9c4c elementor-widget elementor-widget-heading\" data-id=\"49d9c4c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">OUR APPROACH TO MATERIALITY<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-704b303 elementor-widget elementor-widget-text-editor\" data-id=\"704b303\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This report covers information and matters we believe to be material to our stakeholders, including shareholders, fund providers, regulators, customers, employees and community members. A matter is considered material if Lavastone Properties\u2019 senior management and those responsible for the governance of the organisation believe it could significantly impact the value created and delivered in the short, medium and long term.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aca5cad elementor-widget elementor-widget-heading\" data-id=\"aca5cad\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Board\u2019s responsibility statement<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0b1675 elementor-widget elementor-widget-text-editor\" data-id=\"e0b1675\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Board of Directors of Lavastone Properties acknowledges its responsibility for ensuring the integrity of this report. The Board confirms that it has collectively reviewed the report\u2019s contents and is satisfied that it offers a fair representation of the Group\u2019s integrated performance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95f5a0d elementor-widget elementor-widget-heading\" data-id=\"95f5a0d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Feedback<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-691af16 elementor-widget elementor-widget-text-editor\" data-id=\"691af16\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>We are committed to improving our reporting practices each year for the benefit of all our stakeholders. We encourage you to share your views and comments on our integrated report by emailing us on <a href=\"mailto:info@lavastone.mu\">info@lavastone.mu<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>STEADYGROWTH IN A CHANGING WORLD ANNUAL REPORT 2024 In a fast-paced world that values speed above all, Lavastone embraces a vision rooted in patience and purpose. We choose measured progress over rapid gains, carefully creating spaces that carry meaning and endurance. Our approach lies in building with intention, with every project designed to stand strong [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","footnotes":""},"class_list":["post-9","page","type-page","status-publish","hentry","entry"],"_links":{"self":[{"href":"https:\/\/lavastone.mu\/annual-report-2024\/wp-json\/wp\/v2\/pages\/9","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lavastone.mu\/annual-report-2024\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lavastone.mu\/annual-report-2024\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lavastone.mu\/annual-report-2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lavastone.mu\/annual-report-2024\/wp-json\/wp\/v2\/comments?post=9"}],"version-history":[{"count":157,"href":"https:\/\/lavastone.mu\/annual-report-2024\/wp-json\/wp\/v2\/pages\/9\/revisions"}],"predecessor-version":[{"id":3299,"href":"https:\/\/lavastone.mu\/annual-report-2024\/wp-json\/wp\/v2\/pages\/9\/revisions\/3299"}],"wp:attachment":[{"href":"https:\/\/lavastone.mu\/annual-report-2024\/wp-json\/wp\/v2\/media?parent=9"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}