Frontier Ip Group (FIPP) 2017年年度报告「LSE」.pdf

1、Annual Report&Financial StatementsYear ended 30 June 2017Frontier IP Group plcContentsStrategic Report 2Highlights 2Our Business and Strategy 3Chairmans Statement 3Strategy 5Business Model 5Our Performance 6Chief Executive Officers Statement 6Key Performance Indicators 6Operational Review 7Portfolio

2、 Review 9Financial Review 14Risk Management 16Our Governance 17Board of Directors 17Board of Committees 18Advisers 19Directors Report 20Statement of Directors responsibilities 21Directors Remuneration Report 22Our Financials 24Independent Auditors Report 24Group Statements 28Consolidated Statement o

3、f Comprehensive Income 28Consolidated Statement of Financial Position 29Company Statement of Financial Position 30Consolidated and Company Statements of Changes in Equity 31Consolidated and Company Statements of Cash Flows 32Accounting Policies 33Notes to the Financial Statements 38Company Informati

4、on 53Registered number 062621771Frontier IP Group plcWelcome to Frontier IP“We have made strong progress this year in all key areas and I amparticularly pleased to see the teams efforts bearing fruit.We haveagain increased the value of our portfolio,extended our access tosources of high-quality IP a

5、nd seen two Core Portfolio companiesraise the capital they need to move through to the next phase oftheir commercialisation.”Andrew RichmondChairmanFrontier IP develops and manages a portfolio of equity stakes and licence income interestsfounded on strong,commercially-focused Intellectual Property(“

6、IP”).Our team works witha range of universities and sources of deal flow and continues to develop new sources of IPfrom both formal and informal relationships.We actively seek out potential portfoliocompanies and fresh sources of exceptional IP.The Group earns its equity and revenue by helping busin