Venfin Annual Report 2005

Company Balance Sheet

Company Income Statement

Company Statement of
Changes in Equity

Company Cash Flow Statement

Telecommunication

Financial and Risk Services

Statement of Responsibility
by the Board

Statement by the Secretary

Report of the Independent Auditors

Report of the Board of Directors

Accounting Policies

Income Statement

Statement of Changes in Equity

Cash Flow Statement

Information on business and geographical segmental

Analysis of Shareholders

Dates of Importance

Notice to Shareholders

Explanatory Notes

Corporate Mission

Investment Philosophy

Group Structure

Financial Highlights

Share Statistics

Five-year Review

Board Committees& Management

Chairman's Report

Report of the Financial Director

Corporate Governance

Sustainability Report

Corporate Information

Review of Investments

Financial Statements

Consolidated Statements

Company Statements

Statutory Information

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	Corporate Mission

	VenFin SEEKS HIGH-GROWTH INVESTMENT OPPORTUNITIES. ITS PRIMARY REQUIREMENTS IN IDENTIFYING NEW INVESTMENT OPPORTUNITIES INCLUDE:

	PROPRIETARY INTELLECTUAL PROPERTY THAT PROVIDES BARRIERS TO ENTRY; THE POTENTIAL FOR INTERNATIONALISATION; A COMPETENT AND DEDICATED MANAGEMENT TEAM; A PROVEN TRACK RECORD; A BUSINESS VenFin UNDERSTANDS AND WHERE ITS TEAM OF INVESTMENT PROFESSIONALS CAN ADD VALUE; A CLEAR UNDERSTANDING OF THE BUSINESS ACHIEVED THROUGH A THOROUGH DUE DILIGENCE PROCESS; AND AN OPPORTUNITY THAT HAS THE SIZE, OR HAS THE POTENTIAL TO GROW TO A SIZE, SUFFICIENT TO ALLOW IT TO HAVE A MATERIAL IMPACT ON THE PERFORMANCE OF VenFin AS A WHOLE.