*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 )LQDQFLDO 5HSRUW )RU 7KH <HDU (QGHG -XQH
*RXOEXUQ 5LYHU 9DOOH\ 7RXULVP /WG $&1
)LQDQFLDO 5HSRUW )RU 7KH <HDU (QGHG -XQH &217(176
3DJH
'LUHFWRUV 5HSRUW
$XGLWRU V ,QGHSHQGHQFH 'HFODUDWLRQ
6WDWHPHQW RI 3URILW RU /RVV DQG 2WKHU &RPSUHKHQVLYH ,QFRPH
6WDWHPHQW RI )LQDQFLDO 3RVLWLRQ
6WDWHPHQW RI &KDQJHV LQ (TXLW\
6WDWHPHQW RI &DVK )ORZV
1RWHV WR WKH )LQDQFLDO 6WDWHPHQWV
'LUHFWRUV 'HFODUDWLRQ
,QGHSHQGHQW $XGLWRU V 5HSRUW
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 ',5(&7256 5(3257 <RXU GLUHFWRUV SUHVHQW WKLV UHSRUW RQ WKH FRPSDQ\ IRU WKH ILQDQFLDO \HDU HQGHG -XQH 'LUHFWRUV 7KH QDPHV RI HDFK SHUVRQ ZKR KDV EHHQ D GLUHFWRU GXULQJ WKH \HDU DQG WR WKH GDWH RI WKLV UHSRUW DUH +RQ )UDQ %DLOH\ UHVLJQHG
,DQ 5HJLQDOG *RUGRQ )LUWK UHVLJQHG
(PPD /RXLVH .XEHLO UHVLJQHG
*HUDOGLQH &KULVWRX &KHU\O +DPPHU $ODQ $UWKXU -DQHOOH 7RRPH\ $QGUHZ (PEOLQJ $QQLH )OHWFKHU 1LFKROOV -RKQ .HQQHG\ UHVLJQHG
-RKQ .HHIIH .HOOLH 9LVH DSSRLQWHG
-DFNLH $VKH DSSRLQWHG
%UXFH 0LQFKLQWRQ DSSRLQWHG
'LUHFWRUV KDYH EHHQ LQ RIILFH VLQFH WKH VWDUW RI WKH ILQDQFLDO \HDU WR WKH GDWH RI WKLV UHSRUW XQOHVV RWKHUZLVH VWDWHG 3ULQFLSDO $FWLYLWLHV 7KH SULQFLSDO DFWLYLW\ RI WKH FRPSDQ\ GXULQJ WKH ILQDQFLDO \HDU ZDV Â&#x2021; 7R EH WKH LQGHSHQGHQW SHDN UHJLRQDO WRXULVP ERG\ IRU WKH PXQLFLSDOLWLHV VHUYHG E\ *UHDWHU 6KHSSDUWRQ &LW\ &RXQFLO 0LWFKHOO 6KLUH &RXQFLO 0XUULQGLQGL 6KLUH &RXQFLO DQG 6WUDWKERJLH 6KLUH &RXQFLO µWKH UHJLRQ¶ LQ RUGHU WR PD[LPLVH WKH HFRQRPLF UHWXUQ IURP WKH YLVLWRU HFRQRP\ WKURXJK WKH SURPRWLRQ DQG GHYHORSPHQW RI WKH WRXULVP LQGXVWU\ RI WKH UHJLRQ 6KRUW WHUP DQG /RQJ WHUP 2EMHFWLYHV 7KH FRPSDQ\ V VKRUW WHUP REMHFWLYHV DUH WR Â&#x2021; 'HOLYHU D QXPEHU RI VSHFLILF VWUDWHJLF IXQFWLRQV IRU WKH *RXOEXUQ 5LYHU 9DOOH\ UHJLRQ LQFOXGLQJ Â&#x2021; 0DUNHWLQJ Â&#x2021; 'HYHORSPHQW Â&#x2021; ,QGXVWU\ Â&#x2021; 3URGXFW Â&#x2021; 6NLOOV Â&#x2021; ,QYHVWPHQW Â&#x2021; (QJDJHPHQW Â&#x2021; $GYRFDF\ Â&#x2021; 7R EH UHVSRQVLEOH IRU WKH ILQDQFLDO VXVWDLQDELOLW\ DQG JRRG JRYHUQDQFH RI WKH &RPSDQ\ 7KH FRPSDQ\ V ORQJ WHUP REMHFWLYHV DUH WR Â&#x2021; (PSRZHU WKH LQGXVWU\ WR GHOLYHU WKH EHVW SRVVLEOH YLVLWRU H[SHULHQFH Â&#x2021; (QKDQFH WKH YLVLWRU HFRQRP\ DQG LQFUHDVH \LHOG Â&#x2021; *DLQ UHFRJQLWLRQ DV D WRXULVP UHJLRQ 6WUDWHJLHV 7R DFKLHYH LWV VWDWHG REMHFWLYHV WKH FRPSDQ\ KDV DGRSWHG WKH IROORZLQJ VWUDWHJLHV Â&#x2021; 7R RYHUVHH WKH GHOLYHU\ RI WKH *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP 6WUDWHJLF 3ODQ Â&#x2021; 7R RYHUVHH WKH GHOLYHU\ RI WKH *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP %XVLQHVV 3ODQ Â&#x2021; 7R RYHUVHH WKH LPSOHPHQWDWLRQ RI WKH *RXOEXUQ 5LYHU 9DOOH\ 'HVWLQDWLRQ 0DQDJHPHQW 3ODQ 6WDII DQG 9ROXQWHHUV *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP LV VWDIIHG E\ WZR SDUW WLPH SHUVRQV 2SHUDWLQJ 5HVXOWV 7KH SURILW ORVV RI WKH HQWLW\ DPRXQWHG WR
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 67$7(0(17 2) 352),7 25 /266 $1' 27+(5 &2035(+(16,9( ,1&20( )25 7+( <($5 (1'(' -81( 1RWH 5HYHQXH 2WKHU LQFRPH (PSOR\HH SURYLVLRQV H[SHQVH $XGLW OHJDO DQG FRQVXOWDQF\ IHHV 0DUNHWLQJ H[SHQVHV 6XQGU\ H[SHQVHV &XUUHQW \HDU VXUSOXV EHIRUH LQFRPH WD[ 7D[ H[SHQVH 1HW FXUUHQW \HDU VXUSOXV
2WKHU FRPSUHKHQVLYH LQFRPH 7RWDO RWKHU FRPSUHKHQVLYH LQFRPH IRU WKH \HDU 7RWDO FRPSUHKHQVLYH LQFRPH IRU WKH \HDU 3URILW DWWULEXWDEOH WR PHPEHUV RI WKH HQWLW\ 7RWDO FRPSUHKHQVLYH LQFRPH DWWULEXWDEOH WR PHPEHUV RI WKH HQWLW\ 7KH DFFRPSDQ\LQJ QRWHV IRUP SDUW RI WKHVH ILQDQFLDO VWDWHPHQWV
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 67$7(0(17 2) ),1$1&,$/ 326,7,21 $6 $7 -81(
121 &855(17 /,$%,/,7,(6 727$/ 121 &855(17 /,$%,/,7,(6 727$/ /,$%,/,7,(6 1(7 $66(76
(48,7< 5HWDLQHG VXUSOXV 5HVHUYHV 727$/ (48,7<
1RWH $66(76 &855(17 $66(76 &DVK RQ KDQG $FFRXQWV UHFHLYDEOH DQG RWKHU GHEWRUV 727$/ &855(17 $66(76
121 &855(17 $66(76 727$/ 121 &855(17 $66(76 727$/ $66(76 /,$%,/,7,(6 &855(17 /,$%,/,7,(6 $FFRXQWV SD\DEOH DQG RWKHU SD\DEOHV 727$/ &855(17 /,$%,/,7,(6
7KH DFFRPSDQ\LQJ QRWHV IRUP SDUW RI WKHVH ILQDQFLDO VWDWHPHQWV
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 67$7(0(17 2) &+$1*(6 ,1 (48,7< )25 7+( <($5 (1'(' -81(
1RWH %DODQFH DW -XO\ &RPSUHKHQVLYH ,QFRPH 6XUSOXV IRU WKH \HDU DWWULEXWDEOH WR PHPEHUV RI WKH HQWLW\ 7RWDO FRPSUHKHQVLYH LQFRPH DWWULEXWDEOH WR PHPEHUV RI WKH HQWLW\ %DODQFH DW -XQH %DODQFH DW -XO\ &RPSUHKHQVLYH ,QFRPH 6XUSOXV IRU WKH \HDU DWWULEXWDEOH WR PHPEHUV RI WKH HQWLW\ 7RWDO FRPSUHKHQVLYH LQFRPH DWWULEXWDEOH WR PHPEHUV RI WKH HQWLW\ %DODQFH DW -XQH 7KH DFFRPSDQ\LQJ QRWHV IRUP SDUW RI WKHVH ILQDQFLDO VWDWHPHQWV
5HWDLQHG 6XUSOXV
7RWDO
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 67$7(0(17 2) &$6+ )/2:6 )25 7+( <($5 (1'(' -81( 1RWH
&$6+ )/2:6 )520 ,19(67,1* $&7,9,7,(6 1HW FDVK XVHG LQ LQYHVWLQJ DFWLYLWLHV
&$6+ )/2:6 )520 ),1$1&,1* $&7,9,7,(6 1HW FDVK XVHG LQ ILQDQFLQJ DFWLYLWLHV
&$6+ )/2:6 )520 23(5$7,1* $&7,9,7,(6 &RPPRQZHDOWK VWDWH DQG ORFDO JRYHUQPHQW JUDQWV 3D\PHQWV WR VXSSOLHUV DQG HPSOR\HHV ,QWHUHVW UHFHLYHG 5HFHLSWV IURP FXVWRPHUV *67 3DLG 1HW FDVK JHQHUDWHG IURP RSHUDWLQJ DFWLYLWLHV
1HW LQFUHDVH LQ FDVK KHOG &DVK RQ KDQG DW EHJLQQLQJ RI WKH ILQDQFLDO \HDU &DVK RQ KDQG DW HQG RI WKH ILQDQFLDO \HDU
7KH DFFRPSDQ\LQJ QRWHV IRUP SDUW RI WKHVH ILQDQFLDO VWDWHPHQWV
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 127(6 72 7+( ),1$1&,$/ 67$7(0(176 )25 7+( <($5 (1'(' -81( 7KH ILQDQFLDO VWDWHPHQWV FRYHU *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP /WG DV DQ LQGLYLGXDO HQWLW\ LQFRUSRUDWHG DQG GRPLFLOHG LQ $XVWUDOLD *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP /WG LV D FRPSDQ\ OLPLWHG E\ JXDUDQWHH 1RWH
6XPPDU\ RI 6LJQLILFDQW $FFRXQWLQJ 3ROLFLHV
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
E
&DVK RQ +DQG &DVK RQ KDQG LQFOXGHV FDVK RQ KDQG GHSRVLWV KHOG DW FDOO ZLWK EDQNV RWKHU VKRUW WHUP KLJKO\ OLTXLG LQYHVWPHQWV ZLWK RULJLQDO PDWXULWLHV RI WKUHH PRQWKV RU OHVV DQG EDQN RYHUGUDIWV %DQN RYHUGUDIWV DUH VKRZQ ZLWKLQ VKRUW WHUP ERUURZLQJV LQ FXUUHQW OLDELOLWLHV RQ WKH VWDWHPHQW RI ILQDQFLDO SRVLWLRQ
F
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
G
*RRGV DQG 6HUYLFHV 7D[ *67
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
H
,QFRPH 7D[ 1R SURYLVLRQ IRU LQFRPH WD[ KDV EHHQ UDLVHG DV WKH HQWLW\ LV H[HPSW IURP LQFRPH WD[ XQGHU 'LY RI WKH Income Tax Assessment Act 1997
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 127(6 72 7+( ),1$1&,$/ 67$7(0(176 )25 7+( <($5 (1'(' -81( I
$FFRXQWV 3D\DEOH DQG 2WKHU 3D\DEOHV $FFRXQWV SD\DEOH DQG RWKHU SD\DEOHV UHSUHVHQW WKH OLDELOLW\ RXWVWDQGLQJ DW WKH HQG RI WKH UHSRUWLQJ SHULRG IRU JRRGV DQG VHUYLFHV UHFHLYHG E\ WKH FRPSDQ\ GXULQJ WKH UHSRUWLQJ SHULRG ZKLFK UHPDLQ XQSDLG 7KH EDODQFH LV UHFRJQLVHG DV D FXUUHQW OLDELOLW\ ZLWK WKH DPRXQWV QRUPDOO\ SDLG ZLWKLQ GD\V RI UHFRJQLWLRQ RI WKH OLDELOLW\
J
(FRQRPLF 'HSHQGHQFH *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP /WG LV GHSHQGHQW RQ WKH PHPEHU FRXQFLOV IRU WKH PDMRULW\ RI LWV UHYHQXH XVHG WR RSHUDWH WKH EXVLQHVV $W WKH GDWH RI WKLV UHSRUW WKH %RDUG RI 'LUHFWRUV KDV QR UHDVRQ WR EHOLHYH WKH PHPEHU FRXQFLOV ZLOO QRW FRQWLQXH WR VXSSRUW *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP /WG :H QRWH WKDW WKH FXUUHQW 028 LV XQWLO KRZHYHU WKHUH LV QR UHDVRQ WR EHOLHYH WKDW WKHUH ZRQ W EH FRXQFLO VXSSRUW PRYLQJ IRUZDUG
1RWH
5HYHQXH DQG 2WKHU ,QFRPH
5HYHQXH 5HYHQXH IURP QRQ UHFLSURFDO JRYHUQPHQW JUDQWV DQG RWKHU JUDQWV ² &RXQFLO &RQWULEXWLRQV 2WKHU UHYHQXH ² ,QWHUHVW UHFHLYHG RQ LQYHVWPHQWV LQ JRYHUQPHQW DQG IL[HG LQWHUHVW VHFXULWLHV 7RWDO UHYHQXH 2WKHU LQFRPH ² $QQXDO 'LQQHU ² 0DUNHWLQJ $FWLYLWLHV ² 3URMHFW ,QFRPH ² 6XQGU\ ,QFRPH 7RWDO RWKHU LQFRPH 7RWDO UHYHQXH DQG RWKHU LQFRPH 1RWH
&DVK RQ +DQG
&855(17 &DVK DW EDQN 7RWDO FDVK RQ KDQG DV VWDWHG LQ WKH VWDWHPHQW RI ILQDQFLDO SRVLWLRQ DQG VWDWHPHQW RI FDVK IORZV 1RWH
$FFRXQWV 5HFHLYDEOH DQG 2WKHU 'HEWRUV 1RWH
&855(17 2WKHU GHEWRUV 7RWDO FXUUHQW DFFRXQWV UHFHLYDEOH DQG RWKHU GHEWRUV
$FFRXQWV UHFHLYDEOH 2WKHU GHEWRUV 7RWDO
$FFRXQWV UHFHLYDEOH 2WKHU GHEWRUV 7RWDO
*URVV DPRXQW
3DVW GXH DQG LPSDLUHG
3DVW GXH DQG LPSDLUHG
*URVV DPRXQW
3DVW GXH EXW QRW LPSDLUHG GD\V RYHUGXH
± ±
:LWKLQ LQLWLDO WUDGH WHUPV
!
3DVW GXH EXW QRW LPSDLUHG GD\V RYHUGXH
± ±
:LWKLQ LQLWLDO WUDGH WHUPV
!
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 127(6 72 7+( ),1$1&,$/ 67$7(0(176 )25 7+( <($5 (1'(' -81(
1RWH
$FFRXQWV 3D\DEOH DQG 2WKHU 3D\DEOHV 1RWH
D
&855(17 $FFRXQWV SD\DEOH 2WKHU SD\DEOHV QHW DPRXQW RI *67 SD\DEOH
121 &855(17
D
)LQDQFLDO OLDELOLWLHV DW DPRUWLVHG FRVW FODVVLILHG DV DFFRXQWV SD\DEOH DQG RWKHU SD\DEOHV $FFRXQWV SD\DEOH DQG RWKHU SD\DEOHV ² 7RWDO FXUUHQW ² 7RWDO QRQ FXUUHQW /HVV GHIHUUHG LQFRPH /HVV RWKHU SD\DEOHV QHW DPRXQW RI *67 SD\DEOH
)LQDQFLDO OLDELOLWLHV DV DFFRXQWV SD\DEOH DQG RWKHU SD\DEOH
7KH DYHUDJH FUHGLW SHULRG RQ DFFRXQWV SD\DEOH DQG RWKHU SD\DEOHV H[FOXGLQJ *67 SD\DEOH LV RQH PRQWK 1R LQWHUHVW LV SD\DEOH RQ RXWVWDQGLQJ SD\DEOHV GXULQJ WKLV SHULRG 1RWH
&DVK )ORZ ,QIRUPDWLRQ
5HFRQFLOLDWLRQ RI &DVK )ORZV IURP 2SHUDWLQJ $FWLYLWLHV ZLWK 1HW &XUUHQW <HDU 6XUSOXV 1HW FXUUHQW \HDU VXUSOXV 1RQ FDVK IORZV ,QFUHDVH GHFUHDVH LQ DFFRXQWV UHFHLYDEOH DQG RWKHU GHEWRUV ,QFUHDVH GHFUHDVH LQ DFFRXQWV SD\DEOH DQG RWKHU SD\DEOHV
1RWH
)LQDQFLDO 5LVN 0DQDJHPHQW
7KH FRPSDQ\¶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² DFFRXQWV SD\DEOH DQG RWKHU SD\DEOHV 7RWDO ILQDQFLDO OLDELOLWLHV
D
*28/%851 5,9(5 9$//(< 7285,60 /7' $&1 127(6 72 7+( ),1$1&,$/ 67$7(0(176 )25 7+( <($5 (1'(' -81( 1RWH
(QWLW\ 'HWDLOV
7KH UHJLVWHUHG RIILFH RI WKH HQWLW\ LV *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP /WG 1L[RQ 6WUHHW 6KHSSDUWRQ 9LF
7KH SULQFLSDO SODFH RI EXVLQHVV LV *RXOEXUQ 5LYHU 9DOOH\ 7RXULVP /WG %XU\ 6WUHHW (XURD 9,&
1RWH
0HPEHUV *XDUDQWHH
7KH HQWLW\ LV LQFRUSRUDWHG XQGHU WKH &RUSRUDWLRQV $FW DQG LV DQ HQWLW\ OLPLWHG E\ JXDUDQWHH ,I WKH HQWLW\ LV ZRXQG XS WKH FRQVWLWXWLRQ VWDWHV WKDW HDFK PHPEHU LV UHTXLUHG WR FRQWULEXWH D PD[LPXP RI HDFK WRZDUGV PHHWLQJ DQ\ RXWVWDQGLQJV DQG REOLJDWLRQV RI WKH HQWLW\ $W -XQH WKH QXPEHU RI PHPEHUV ZDV