Brainworks_Capital_Management_2012_Annual_Report

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BRAINWORKS CAPITAL MANAGEMENT (PRIVATE) LIMITED 4 Arden Road Newlands Harare Zimbabwe TEL ::: +263 4 782 849 FAX ::: +263 4 782 855 EMAIL ::: enquiry@brainworkscapital.com WEBSITE ::: www.brainworkscapital.com DESIGN, LAYOUT & PRODUCTION ::: www.mantaraydesign.co.za
Page 1 and 2: A PRIVATE EQUITY INVESTMENT AND ADV
Page 3 and 4: 1 VALUES STATEMENT We abide by the
Page 5 and 6: 3 CONTENTS LETTER TO SHAREHOLDERS 0
Page 7 and 8: 5 LETTER TO SHAREHOLDERS DEAR SHARE
Page 9 and 10: 7 LETTER TO SHAREHOLDERS Despite th
Page 11 and 12: 9 LETTER TO SHAREHOLDERS CONSUMER F
Page 13 and 14: 11 LETTER TO SHAREHOLDERS Investee
Page 15 and 16: 13 LETTER TO SHAREHOLDERS SHAREHOLD
Page 17 and 18: 15 LETTER TO SHAREHOLDERS OUTLOOK W
Page 19 and 20: 17 DIRECTORATE RICHARD MUIRIMI ZIMB
Page 21 and 22: 19 DIRECTORATE VULINDLELA NDLOVU ZI
Page 23 and 24: 21 DIRECTORATE The Directors recogn
Page 25 and 26: 2012 FINANCIAL STATEMENTS INDEPENDE
Page 27 and 28: 2012 FINANCIAL STATEMENTS STATEMENT
Page 29 and 30: 2012 FINANCIAL STATEMENTS STATEMENT
Page 31 and 32: 2012 FINANCIAL STATEMENTS NOTES TO
Page 51: BRAINWORKS CAPITAL MANAGEMENT (PRIV

Brainworks_Capital_Management_2012_Annual_Report

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