1、International Public Partnerships Limited Annual Report and financial statements 2022ANNUAL REPORT AND FINANCIAL STATEMENTS 2022OUR 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 Highlights 03 Responsible Investment Highlights 04 Investment CaseSTRATEGIC REPORT06 Business Model Delivering Long-term Benefits08 Objectives and Performance10 Chairs Letter12 Top 10 Investments14 Case Study OFTO Portfolio16 Operating Review18 Cu
4、rrent Pipeline20 Market Environment in 2022 and FutureOpportunities22 Operating Review 38 Responsible Investment48 Continuous Risk ManagementCORPORATE GOVERNANCE61 Summary of Investment Policy62 Board of Directors64 Corporate Governance Report73 Audit and Risk Committee Report76 Directors Report77 D
5、irectors Responsibilities StatementFINANCIAL STATEMENTS 78 Independent Auditors Report to the Members of International Public Partnerships Limited84 Consolidated Financial Statements88 Notes to the Consolidated Financial Statements 107 Glossary110 Key Contacts111 Annex SFDR periodic reporting requir
6、ements(unaudited)CONTENTSView our company London Stock Exchange trading code:INPP.L Member of the FTSE 250 and FTSE All-Share indices 2.9 billion market capitalisation at 31 December 2022 1,911 million shares in issue at 31 December 2022 Eligible for ISA/PEPs and SIPPs Guernsey incorporated company