1、International Public Partnerships Annual Report and Financial Statements 2016Annual Report and Financial Statements2016International Public Partnerships Annual Report and financial statements 2016OVERVIEW01 Highlights02 Company Overview04 Top 10 InvestmentsCHAIRMANS LETTER05 Chairmans LetterSTRATEGI
2、C REPORT08 Business Model10 Performance Against Strategic Priorities12 Case Study14 Operating Review 16 Current Market Environment and FutureOpportunities 19 Current Pipeline30 Risk ManagementCOMPANY FACTS London Stock Exchange trading code:INPP.L Member of the FTSE 250 and FTSE All-Share indices 1,
3、735 million market capitalisation at 31 December 2016 1,127 million shares in issue at 31 December 2016 Eligible for ISA/PEPs and SIPPs The Companys shares are excluded from the Financial Conduct Authoritys(FCA)restrictions,which apply to non-mainstream investment products,and can berecommendedbyind
4、ependentfinancialadvisersto their clientsWWW.INTERNATIONALPUBLICPARTNERSHIPS.COMInternational Public Partnerships LimitedRegistered number:45241Cover image:Criminal Courts of Justice,Dublin,IrelandInside front cover image:Wellington Primary School,London,U.K.CORPORATE GOVERNANCE40 Corporate Social a
5、nd Environmental Responsibility43 Summary of Investment Policy44 Board of Directors46 Corporate Governance Report54 Audit and Risk Committee Report58 Directors Report60 Directors Responsibilities StatementFINANCIAL STATEMENTS61 Independent Auditors Report to the Members of International Public Partn
6、erships Limited66 Financial Statements70 Notes to the Financial Statements 01OVERVIEWCHAIRMANS LETTERSTRATEGIC REPORTCORPORATE GOVERNANCEFINANCIAL STATEMENTSOverview International Public Partnerships Annual Report and financial statements 20166.65p2016 full-year distribution1 per share1.6bnNAV Direc