Litigation Capital Management Limited (LIT) 2022年年度报告「LSE」.pdf

1、Annual Reportand FinancialStatements2022Litigation Capital Management Limited ACN 608 667 509We have delivered improved performance and continue to build scale with a disciplined approach.PATRICK MOLONEYCEOCONTENTSStrategic Report Our Business at a Glance 6Chairs Letter 8Our Principles 10Our Busines

2、s Model 14Group Strategies and KPIs 18CEO Review 20Market Overview 29Financial Review 35Risk Management and Internal Controls 43Sustainability Report 49Governance Introduction to Governance 53Board of Directors 54The QCA Corporate Governance Code 56Corporate Governance Statement 61Directors Report 7

3、1Auditors Independence Declaration 76Financial StatementsConsolidated Statement of Profit or Loss and other Comprehensive Income 78Consolidated Statement of Financial Position 79Consolidated Statements of Changes in Equity 80Consolidated Statements of Cash Flows 81Notes to the Financial Statements 8

4、2Directors Declaration 115Independent Auditors Report 116Additional Notes on Shareholdings 119Corporate Directory 121Litigation Capital Management LimitedOur PurposeWe strive to deliver growth in our asset management business and through disciplined investment we strive to deliver value and performa

5、nce thatstand out amongst our industry peers.Annual Report and Financial Statements 20221FINANCIAL STATEMENTSGOVERNANCESTRATEGIC REPORT79%ELEVEN-YEAR CUMULATIVE PORTFOLIO INTERNAL RATE OF RETURN(IRR)FY20FY21FY2278%78%79%163%ELEVEN-YEAR CUMULATIVE PORTFOLIO RETURN ON INVESTED CAPITAL(ROIC)FY20FY21FY2

6、2134%153%163%A$414TOTAL ASSETS UNDER MANAGEMENT($M)For more information on the Total Assets Under Management,please see page 22 of the CEO Review.FY22 HighlightsDIVERSIFIED PORTFOLIO BY INDUSTRY TYPE AND CAPITAL COMMITMENT(A$M)Class action Commercial disputes Insolvency Intellectual Property Portfol