Cara Foods, http://www.cara.com

Company Profile
VALUES & PRINCIPLES

Cara is a leading restaurant and food-service company rooted in the rich culture and heritage of Canada. Founded in 1883 as The Canada Railway News Company Limited, we changed our name to Cara Operations Limited in 1961. The name Cara was derived from the first two letters of "Canada Railway", and is an Irish word meaning "Friend". We believe that our people are Cara's key sustainable competitive advantage, and we refer to them as "teammates".

Cara's Values and Principles are "what we stand for". They are our foundation and the key to our success. All teammates have a responsibility to understand these Values and Principles, and to demonstrate them in their day to day actions and interactions.

VALUES

Values are fundamental beliefs. The strength of Cara is built on five core Values. They are the essence of Cara, cherished by all teammates.

PRINCIPLES

Principles are guides to behavior. Six Principles guide how we live our Values, and influence the results we achieve. In everything we do, the six Principles must be applied with balance.

The most important consequence of living our Values and Principles is the trust that we earn from one another. Trust creates the certainty that we will deliver in any situation requiring judgment, confidentiality, discretion, support, performance, or results, and is fundamental for success.

Success has many factors. For Cara, success is real growth in sales and profit, continual improvement in the equity of our brands and businesses, development of our people to their full potential, and top ratings from all our stakeholders - teammates, franchisees and operating associates, customers, clients and guests, investors, business partners, and the community at large. For teammates, success factors include being valued, receiving consistently fair treatment, being given new opportunities when deserved, feeling part of a successful, caring team, and achieving balance in all aspects of life. We believe that success will flow from living our Values and Principles, and that total commitment to them throughout Cara will mark this company and its teammates as a truly great enterprise.

Our role in the community is based on the people of Cara  38,000 strong,living and working in communities across Canada.In running our restaurants and food operations and serving millions of Canadians every week,our teammates and operators contribute greatly to the life of their communities. Our restaurants are right at the centre of community life  part of the fabric of the neighbourhood   and the people of Cara add further value as volunteers and supporters of a broad range of charities and community activities.

To support these efforts and reinforce our positive role,Cara is an Imagine Company,donating 1%of pre-tax pro  t to charities across Canada.Our charitable focus is health promotion,which we de  ne as activities or interventions that reduce the risk of poor health. In fiscal 2002,Cara continued to provide leadership support to Smart Risk Foundation for its interest in adolescent health and the Women  s College Hospital Professorship in Obstetrical Anaesthesia for its focus on safe and comfortable births.We also provided signi  cant support to other health promotion agencies including the A Cappella,The Concerned Kids,Women  s Health Matters Forum,and Yes!International,among others.

Beyond our corporate programs,Cara  s businesses show great community leadership in supporting and sponsoring community activities and charities   re  ecting their own brand promises: " Harvey s has supported the Smart Risk Foundation for several years  speci  cally sponsoring the HEROES program which reaches out to young people across Canada and around the world,with positive messages about making smart choices.Directly and through our operators and associates across Canada,we also support a myriad of local charities  for example,operators in Quebec have focused on support for the Foundation for research into children  s diseases. " Swiss Chalet has shown leadership with Festive Community Days  special days during the festive season when we donated 50 cents from the sale of Festive Special dinners and quarter chicken dinners to local children  s charities  raising $60,000 in  scal 2002,and supporting such groups as Basics for Babies in B.C.,the Alberta Children  s Hospital,Toys for Tots in Ontario,Fondation Canadienne Rêvez d  Enfants in Quebec,and Christmas Daddies in Atlantic Canada.As well,Swiss Chalet oper- ators and associates have spearheaded their own local and regional events   for example,,operators in Kitchener/Waterloo have pooled their support to hold an annual Charity Golf Tournament  raising $100,000 for The Arthritis Society.

Summit supports a range of health and community programs across Ontario,with a special emphasis on London,Ontario,its home base community  most signi  cantly with a major commitment to the Labatt 24 Hour Relay and the London Health Sciences Foundation (supporting hospitals).Summit  s other donations in 2002 included The Grand Theatre in London,the United Way,Canadian Cancer Society,the Heart &Stroke Foundation and Canadian Diabetes Association. " ATR and Cara Airport Services are active supporters of airport community events and charitable activities  for example,Airport Services Division donates all the  ight catering for Air Canada  s  Dream Takes Flight  program for children.ATR also lends its support to events and charities supported by the brands in its restaurant portfolio. " Kelsey s International continued to support children  s charities with efforts from all three brands   as Kelsey  s,Montana  s and Outback raised over $350,000 during the year.Every new restaurant opening was combined with a local charity fundraiser bene  ting kids in each community  raising over $100,000.Our Holiday Season Starlight campaign raised over $120,000 for the Starlight Foundation. And our corporate golf tournament,the Kelsey  s charity golf classic raised another $35,000 while a range of local events in every community raised $95,000.