Brainworks_Capital_Management_2012_Annual_Report
Brainworks_Capital_Management_2012_Annual_Report
Brainworks_Capital_Management_2012_Annual_Report
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3<br />
CONTENTS<br />
LETTER TO SHAREHOLDERS 0 14<br />
DIRECTORATE 16<br />
<strong>2012</strong> FINANCIAL STATEMENTS 22<br />
INDEPENDENT AUDITOR'S REPORT 23<br />
STATEMENT OF FINANCIAL POSITION 24<br />
STATEMENT OF COMPREHENSIVE INCOME 25<br />
STATEMENT OF CASH FLOWS 26<br />
STATEMENT OF CHANGES IN EQUITY 27<br />
NOTES TO THE FINANCIAL STATEMENTS 28<br />
BRAINWORKS CAPITAL MANAGEMENT (PRIVATE) LIMITED<br />
<strong>2012</strong> ANNUAL REPORT
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