1、First Property Group plcReport&Accounts31 March 2006FpropplcFirst Property Group plcProperty asset management (UK and Central Europe)Property underwriting and tradingOnline sales of propertyProperty facilities managementHighlights1ChiefExecutivesstatement2Directorsreport4Independentauditorsreport7Co
2、nsolidatedprofitandlossaccount8Consolidatedstatementofgainsandlosses9Balancesheets10Consolidatedcashflowstatement11Notestothefinancialstatements12Noticeofannualgeneralmeeting33Proxyform35DirectorsandAdvisersIBCContentsFpropProperty Asset ManagerWe aim to earn superior rates of return for our clients
3、 and shareholders by trading and investing in property using a rigorous selection processReport&Accounts 2006FINANCIAL HIGHLIGHTS Turnover grew 47%to 8,312,000(2005:5,650,000)Profit on ordinary activities before taxation and goodwill amortisation increased 22%to 1,167,000 (2005:955,000)Recommended t
4、otal final dividend per share increased 20%to 0.15p(2005:0.125p)Net assets appreciated 7.5%to 7,005,000(2005:6,515,000)OPERATIONAL HIGHLIGHTS Assets under management increased 143%to 51 million(2005:21 million)First Property Asset Management now has six funds each earning a rate of return for its sh
5、areholders in excess of 9%per annumUniversities Superannuation Scheme asset management mandate secured in August 2005 to invest 50 million(200 million once geared)in the UK,Central and Eastern Europe Strong pipeline of opportunities to acquire Central European properties Acquisition of First Propert
6、y Services in February 2006,which has since performed ahead of budget and won several significant contracts with blue chip clientsOpening of office in Central EuropeFurther good rate of growth in assets under management expectedHighlightsFirst Property Group plc2Chief Executives StatementI am please