Annual Report - QuamIR

Report of the Directors (Continued)
Management Contract
Apart from those disclosed under the heading “Related Party Transactions” in
note 42 to the consolidated financial statements, no contracts concerning the
management and administration of the whole or any substantial part of the
business of the Company were entered into or existed during the year.
Major Customers and Suppliers
The percentages of the Group’s purchases and sales for the year attributable
to its major suppliers and customers are as follows:
42
Purchases
The largest supplier 10.9% 10.9%
Five largest suppliers in aggregate 38.6% 38.6%
Sales
The largest customer 15.5% 15.5%
Five largest customers in aggregate 35.8% 35.8%
None of the Directors, any of their associates, or shareholders of the
Company (which to the knowledge of the Directors, own more than 5% of the
Company’s issued share capital) had any interest in the Group’s five largest
suppliers or customers noted above.
5%
•
65