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Annual Report 2006 - Tamar European Industrial Fund

Annual Report 2006 - Tamar European Industrial Fund

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Contents<br />

Company Summary<br />

1 Financial Highlights<br />

2 Performance Summary<br />

3 Chairman’s Statement<br />

5 Investment Manager<br />

6 Investment Manager’s Review<br />

9 Portfolio Statistics<br />

10 Property Portfolio<br />

11 Board of Directors<br />

12 <strong>Report</strong> of the Directors<br />

16 Directors’ Responsibility Statement<br />

17 Independent Auditors’ <strong>Report</strong><br />

18 Income Statements<br />

19 Balance Sheets<br />

20 Statements of Changes in Equity<br />

21 Cash Flow Statements<br />

22 Notes to the Accounts<br />

33 Notice of <strong>Annual</strong> General Meeting<br />

34 Shareholder Information<br />

Corporate Information<br />

This document is important and relates to certain matters on which voting action is required. Shareholders who are in<br />

any doubt as to what action to take should consult an appropriate independent adviser immediately.<br />

If any shareholder has sold or transferred all their shares in the Company, he or she should pass this document to the<br />

person through whom the transfer or sale was effected for onwards transmission to the transferee or purchaser.

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