Impax Environmental Markets Plc (IEM) 2014年年度报告「LSE」.pdf

1、Job No:21469Proof Event:12Black Line Level:2Park Communications Ltd Alpine Way London E6 6LACustomer:CavendishProject Title:Impax Environ Markets R&A 2014T:0207 055 6500 F:020 7055 6600Impax Environmental Markets plcAnnual Report and Accounts 2014Impax Environmental Markets plc Annual Report and Acc

2、ounts 2014Job No:21469Proof Event:12Black Line Level:2Park Communications Ltd Alpine Way London E6 6LACustomer:CavendishProject Title:Impax Environ Markets R&A 2014T:0207 055 6500 F:020 7055 6600ContentsStrategic ReportInvestment Objective,Financial Information and Performance Summary 1Chairmans Sta

3、tement 2Managers Report 4Investment Policy,Results and Other Information 7Structure of the Portfolio 11Ten Largest Investments 12Details of Individual Holdings 14GovernanceDirectors Report 15Corporate Governance 19Directors Remuneration Policy Report 22Directors Remuneration Implementation Report 23

4、Report of the Audit Committee 25Statement of Directors Responsibilities 27Independent Auditors Report 28FinancialsIncome Statement 30Balance Sheet 31Reconciliation of Movements in Shareholders Funds 32Cash Flow Statement 33Notes to the Financial Statements 34Other information10 Year Financial Record

5、 and Financial Calendar 44Glossary 45Directors,Manager and Advisers 47Notice of Annual General Meeting 48Impax Environmental Markets plcAnnual Report 20141Strategic ReportJob No:21469Proof Event:14Black Line Level:3Park Communications Ltd Alpine Way London E6 6LACustomer:CavendishProject Title:Impax

6、 Environ Markets R&A 2014T:0207 055 6500 F:020 7055 6600Investment Objective,Financial Information and Performance SummaryInvestment objectiveThe Companys objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy,water a