International Public Partnerships Limited (INPP) 2023年年度报告「LSE」.pdf

1、International Public Partnerships Limited Annual Report and financial statements 2023ANNUAL REPORT AND FINANCIAL STATEMENTS 2023OUR PURPOSE IS TO INVEST RESPONSIBLY IN SOCIAL AND PUBLIC INFRASTRUCTURE THAT DELIVERS LONG-TERM BENEFITS FOR ALL STAKEHOLDERS.We aim to provide our investors with stable,l

2、ong-term,inflation-linked returns,based on growing dividends and the potential for capital appreciation.We expect to achieve this by investing in a diversified portfolio of infrastructure assets and businesses which,through our active management,meets societal and environmental needs both now and in

3、to the future.COMPANY OVERVIEW02 Full-Year Financial Highlights03 Responsible Investment HighlightsSTRATEGIC REPORT04 Chairs Letter06 Investment Case08 Business Model Delivering Long-term Benefits10 Objectives and Performance12 Top 10 Investments14 Case Study New Zealand PPP Portfolio16 Value-focuse

4、d Portfolio Development20 Market Environment in 2023 andFutureOpportunities22 Operating Review38 Responsible Investment50 Continuous Risk ManagementCORPORATE GOVERNANCE63 Summary of Investment Policy64 Board of Directors66 Corporate Governance Report75 Audit and Risk Committee Report78 Directors Rep

5、ort79 Directors Responsibilities StatementFINANCIAL STATEMENTS 80 Independent Auditors Report to theMembers of International Public Partnerships Limited86 Consolidated Financial Statements90 Notes to the Consolidated FinancialStatements 109 Glossary112 Key Contacts113 Annex SFDR periodic reporting r

6、equirements(unaudited)CONTENTSView our company London Stock Exchange trading code:INPP.L Member of the FTSE 250 and FTSE All-Share indices 2.6 billion market capitalisation at 31 December 2023 1,911 million Ordinary Shares in issue at 31 December 2023 Eligible for ISA/PEPs and SIPPs Guernsey incorpo