New Energy Solar (NEW) 2018年年度报告「ASX」.pdf

1、ANNUAL REPORT31 December 2018Consisting of:New Energy Solar Limited ACN 609 396 983New Energy Solar Fund ARSN 609 154 298Renewable energy.Sustainable investments.CONTENTSChairmans Letter.iBusiness Highlights.viInvestment Managers Report.xiCorporate Governance Statement.1Directors Report.12Auditors I

2、ndependence Declaration.30Statement of Profit or Loss and Other Comprehensive Income.33Statement of Financial Position.34Statement of Changes in Equity.35Statement of Cash Flows.38Notes to the Financial Statements.40Directors Declaration.89Independent Auditors Report.90Stock Exchange Information.95A

3、dditional Disclosures.99Directory.101Annual ReportNEW ENERGY SOLARNC-47 aerial view June 2017NC-31 south side aerial view March 2017 Chairmans LetteriOn behalf of New Energy Solar Limited and Walsh&Company Investments Limited(the Responsible Entity or Walsh&Company),it is our pleasure to present the

4、 2018 Annual Report for New Energy Solar1 (NEW or the Business).2018 marked the Businesss first year as a listed entity,during which it delivered on its twin goals of generating financial returns for its investors and making a positive environmental impact.The key milestones achieved by NEW during 2

5、018 included:Paying a distribution of 7.75 cents per Stapled Security,representing a distribution yield of 5.2%2.Displacing the equivalent of over 1.2 kilograms of CO2 emissions per Stapled Security for the year3.Providing a 11.8%return on equity4.Successfully commissioning seven solar plants in the

6、 United States of America(USA)and agreeing to acquire its first interests in two solar plants in Australia(Manildra and Beryl).As at 31 December 2018,NEWs portfolio comprised 22 plants that are operating,acquired and under construction or that NEW has committed to acquiring with a total capacity of