Infrastructure India (IIP) 2020年年度报告「LSE」.pdf

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1、 Infrastructure India plc Report&Accounts For the year ended 31 March 2020 Table of Contents JOINT STATEMENT FROM THE CHAIRMAN AND THE CHIEF EXECUTIVE.1 REVIEW OF INVESTMENTS.5 DIRECTORS REPORT.10 CORPORATE GOVERNANCE STATEMENT.12 INDEPENDENT AUDITORS REPORT .20 CONSOLIDATED STATEMENT OF COMPREHENSI

2、VE INCOME.25 CONSOLIDATED AND COMPANY STATEMENT OF FINANCIAL POSITION.26 CONSOLIDATED AND COMPANY STATEMENT OF CHANGES IN EQUITY.27 CONSOLIDATED AND COMPANY STATEMENT OF CASH FLOWS.28 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020.29 COMPANY INFORMATION.45 1 JOINT STATEMENT FROM

3、THE CHAIRMAN AND THE CHIEF EXECUTIVE We are pleased to report Infrastructure India plcs(“IIP”or the“Company”and together with its subsidiaries the“Group”)audited annual results for the year ended 31 March 2020.Net asset value(“NAV”)and net asset value per share decreased to 124.1 million and 18.2p r

4、espectively as at 31 March 2020 when compared to 149.1 million and 21.9p as at 30 September 2019(106.0 million and 15.6p as at 31 March 2019).The primary drivers of the movement in NAV were tax reforms,including cuts to corporate tax,and a lower risk-free rate.These positive impacts were offset by a

5、 weakening of the Indian Rupee against Sterling and revisions to business assumptions and completion schedules to reflect the impact of COVID-19 on both construction and operations at Distribution Logistics Infrastructure Limited(“DLI”).The fiscal year commenced with IIP announcing an agreed debt fa

6、cility of US$105 million with IIP Bridge Facility(the“Financing”),an affiliate of GGIC,Ltd.The Financing is a secured four-year term loan provided to IIPs wholly owned Mauritian subsidiary,Infrastructure India Holdco,and matures on 1 April 2023.The fully drawn Financing was arranged to provide suffi