DOCSLIB.ORG

Invitation to Subscribe for Shares in Wayfinder Systems AB (Publ) Wayfinder Omslag E 13Sep.Qxd 05-09-13 16.23 Sida II

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Invitation to Subscribe for Shares in Wayfinder Systems AB (Publ) Wayfinder Omslag E 13Sep.Qxd 05-09-13 16.23 Sida II Wayfinder_omslag_e_13sep.qxd 05-09-13 16.23 Sida I Invitation to subscribe for shares in Wayfinder Systems AB (publ) Wayfinder_omslag_e_13sep.qxd 05-09-13 16.23 Sida II Wayfinder Navigator™ turns your mobile phone into a complete navigation system. Install the software, connect to the GPS and you are ready to navigate throughout Europe and North America. Wayfinder Navigator is a network-based tool that gives you the opportunity to see maps, routes and points-of-interest wherever you are. Turn left in hundred metres Wayfinder_1-60_e_13sep.qxd 05-09-13 16.29 Sida 1 Contents Invitation to subscribe for shares in Wayfinder Systems ....................................................................................................... 3 Conditions and Offer particulars ................................................................................................................................................................. 4 Background and reasons.................................................................................................................................................................................... 6 Comments by the CEO.......................................................................................................................................................................................... 7 Wayfinder Systems in brief .............................................................................................................................................................................. 9 Financial trends in summary .......................................................................................................................................................................... 10 Comments on historical financial trends.............................................................................................................................................. 12 Risk factors................................................................................................................................................................................................................... 14 Taxation .......................................................................................................................................................................................................................... 16 Market overview........................................................................................................................................................................................................ 17 Vision, mission, goals, strategy and business model................................................................................................................. 23 Operation ....................................................................................................................................................................................................................... 25 Governance and policies.................................................................................................................................................................................... 39 The Board of Directors, Key management personnel and Auditors ................................................................................. 40 Share capital and ownership structure ................................................................................................................................................ 41 Supplementary information............................................................................................................................................................................. 43 Articles of Association ........................................................................................................................................................................................ 47 Interim report for the period 1 January – 30 June 2005 ....................................................................................................... 48 Accounts 2002–2004............................................................................................................................................................................................ 53 Auditor’s review report........................................................................................................................................................................................ 58 Word list and abbreviations ............................................................................................................................................................................ 59 Addresses ....................................................................................................................................................................................................................... 60 Important information The newly-issued shares are not listed, and no application for listing will be submitted, in any country other than Sweden. They have not been registered, and will not be registered, under the United States Securities Act 1933 (“the Securities Act”) or any provincial law in Canada, and may not, either directly or indirectly, be sold or offered for sale in the United States of America or in Canada or to any person resident there or on behalf of such a person other than in exceptional cases which do not require registration under the Securities Act or any provincial law in Canada. Nor is the offer aimed otherwise, either directly or indirectly, at any person whose participation requires additional prospectuses, registration or other measures than those required under Swedish law. Subscription applications which conflict with the above may be regarded as void. This prospectus may not be distributed to or in any country in which such distribution or the Offer (i) requires additional prospectuses, registration or other measures than those required under Swedish law, or (ii) contravenes the law, regulations or other provision in that country. Disputes or claims, of any type whatsoever, which arise in consequence of the contents or distribution of this prospectus or the Offer in general, as well as all associated issues, are to be settled exclusively by Swedish courts and exclusively through the application of Swedish Law. This prospectus contains pronouncements about future prospects which have been made by the Board of Directors of Wayfinder Systems and which are based on the Board’s knowledge of current circumstances in respect of the Group, market conditions and external factors in general. Information supplied in respect of future prospects is always hedged with uncertainty, and no assurances are given that estimates and forecasts relating to the future will be fulfilled. An investment in shares in Wayfinder Systems involves risk. Anyone contemplating investing in Wayfinder Systems is, therefore, urged to study this prospectus carefully, especially the section on Risk factors on pages 14–15. The Swedish prospectus has been approved and registered by the Swedish Financial Supervisory Authority, Finansinspektionen, in accordance with Chapter 2 § 4 of the Trading in Financial Instruments Act (1991:980). The approval and registration do not mean that the Swedish Financial Supervisory Authority guarantees that the factual information in the prospectus is accurate or complete. This is a translation of a Swedish prospectus that has been prepared by the Board of Directors of Wayfinder Systems AB. In case of any discrepancies between the English and Swedish version, or, in any other context, the Swedish version shall have precedence. Certain figures in this prospectus have been rounded up or down. Wayfinder Systems AB intends to list the Wayfinder Systems AB share on the Nordic Growth Market NGM (“NGM”), provided NGM approval. Nordic Growth Market NGM is a stock market under the supervision of the Swedish Financial Supervisory Authority. The listing is expected to take place on 21 October 2005. Trading parcels will consist of 100 shares. The stock market audit was carried out by Deloitte & Touche AB. Wayfinder Systems has signed a listing agreement with NGM, part of which related to the provision of information to ensure that shareholders and other players in the market receive correct, prompt and simultaneous information on Wayfinder Systems’ circumstances. This means that, in its provision of information, Wayfinder Systems will comply with the applica- ble law and ordinances, as well as the recommendations applying to stock market companies on Swedish stock markets. Shareholders, other players on the stock exchange and the general public can subscribe free of charge for Wayfinder Systems’ press releases and reports through the Nordic Growth Market’s NG News service (www.ngnews.se). Wayfinder_1-60_e_13sep.qxd 05-09-13 16.29 Sida 2 Summary of conditions Application period: 15 September – 30 September 2005 Issue price: SEK 49 per share Application: Through the application form at the latest on 30 September 2005 Minimum subscription: 200 shares Payment: Payment is to be made in accordance with the contract note sent out Estimated first trading date: 21 October 2005 Other ISIN code: SE0001234626 Abbreviation: WAYF Financial information The interim report for the period 1 January – 30 September will be published on 28 November 2005. The year-end report for the period 1 January – 31 December 2005 will be published on 24 Feb-
Load more

Recommended publications
  • Vodafone Automotive VTS S5 Vehicle Tracking System the Future Is Exciting
    The ultimate protection for your vehicle Vodafone Automotive VTS S5 Vehicle Tracking System The future is exciting. Ready? Welcome to Vodafone Automotive VTS S5 You’ve invested in your pride and joy. Now, you need the peace of mind knowing that it’s safe: Vodafone Automotive VTS S5 monitors your vehicle so you don’t have to. In 2019, there was theft or unauthorised taking of more than 106,000 vehicles* and the Crime Survey for England & Wales shows that 60% of stolen vehicles are never recovered**. With these trends, it’s no surprise that Insurance companies often require Thatcham approved tracking devices, to be fitted to vehicles which are worth over £50,000. Advancements in vehicle tracking technology, such as Vodafone Automotive VTS S5, is at the forefront of countering these trends. By providing industry-leading, specialist stolen vehicle tracking protection, you can rest assured that if the worst does happen, there’s unparalleled support on hand to retrieve your vehicle as quickly as possible. These systems use the latest GPS/ GPRS/GSM technology, providing pinpoint accuracy and unrivalled service levels, with recovery of vehicles via police liaison conducted in local language through Vodafone Automotive’s network of Secure Operating Centres across 54 countries globally. † We’re a trusted brand You can be assured, major global brands trust Vodafone Automotive and its products. Thatcham accredited and recognised by insurers Vodafone Automotive VTS S5 is Thatcham accredited and recognised by the majority of leading insurers. You may
    [Show full text]
  • Competitive Edge
    CLICK HERE YOURTO IP HREADONE /ONIPAD BUSINESS ANALYSIS FOR TELECOMS PROFESSIONALS APRIL 2011 LEADER CONTENTS NEWS IN BRIEF COMPETITIVE EDGE 5 Timeline A roundup of some of the Competition is back in the spotlight as operators try to tackle major stories reported in our daily news service mobile and Internet service growth and look to build scale www.totaltele.com CONTENT STRATEGIES any telecoms markets and the telecoms landscape is chang- have opened up to much ing fast. As regulators mandate 8 Location-based Mgreater competition since greater access to (former) incum- services BT became the first national opera- bent networks—BT faces further Operators are looking for tor to go down the path to reductions in wholesale pricing after new business models to privatisation some 26 years ago. new proposals from Ofcom—fresh make revenues from Today many mobile markets players are springing up to deliver location-based services. continue on that path, with new new services and in some cases Ian Kemp BUSINESS AND FINANCE Editor licence awards a regular occurence bypass those networks altogether. 11 Competition in Total Telecom+ and virtual network operators Where once operators hoped to take receiving clearance from regulators a lead in location-based services, mobile markets to provide targeted services that now they are playing catch-up with A new report shows that give consumers greater choice than Internet and handset heavyweights regulation has had mixed results in terms of ever. Regulators are also going to and still trying to use their network boosting competition in work on tariffs, with the UK and assets to make revenues (p.8).
    [Show full text]
  • Business Segments Ranging from Small- Proportionate Mobile Customers Across the World
    Proportionate mobile customers across the globe. 341.1m (2009: 302.6m; 2008: 260.5m) BrandFinance global ranking 7th most valuable brand (2009: 8th; 2008: 11th) Customers and distribution Customers are at the core of everything we do. Through our products and services we endeavour to address all our customers’ communications needs. International customer base with diverse needs Enterprise Vodafone has a truly international customer base with 341.1 million Vodafone also caters to all business segments ranging from small- proportionate mobile customers across the world. We continually office-home-office (‘SoHo’) and small-medium enterprises (‘SMEs’) to seek to develop new and innovative propositions that deliver relevance corporates and multinational corporations (‘MNCs’). While our core and value to all our customers and build a long lasting relationship mobile voice and data business continues to grow, our enterprise meeting their expectations and needs. As customers move between customers are increasingly asking for combined fixed and mobile work and home environments and look for integrated solutions, solutions for their voice and data needs as well as integrated services we have a suite of propositions which often bundle together and productivity tools. voice, messaging, data and increasingly fixed line services to meet their needs. Brand We have continued to build brand value by delivering a superior, consistent and differentiated customer experience. During the 2010 financial year we evolved our brand positioning to “power to you” emphasising our role of empowering customers to be able to live their lives to the full. It is a further expression of the importance of the customer being central to everything we do and is reinforced in communications substantiating how products and services impact and empower our customers.
    [Show full text]
  • M2m.Vodafone.Com
    BEFORE THE UNITED STATES DEPARTMENT OF COMMERCE, National Telecommunications and Information Administration In the Matter of The Benefits, Challenges, and Potential Roles for the Docket No. 160331306-6306-01 Government in Fostering the Advancement of the Internet ofThings, Notice and Request for Comment RIN 0660-XC024 Megan Doberneck General Counsel Blair A. Rosenthal Assistant General Counsel Vodafone US Inc. 999 18th Street, South Tower#1750 Denver, Colorado 80202 +1-720-484-0554 BEFORE THE UNITED STATES DEPARTMENT OF COMMERCE, National Telecommunications and Information Administration In the Matter of The Benefits, Challenges, and Potential Roles for the Docket No. 160331306-6306-01 Government in Fostering the Advancement of the Internet ofThings, Notice and Request for Comment RIN 0660-XC024 COMMENTS OF VODAFONE US INC. d/b/a VODAFONE AMERICAS Vodafone US Inc. d/b/a Vodafone Americas ("Vodafone"), through its undersigned attorneys, submits these comments in response to the NTIA's Notice and Request for Comment in the above-referenced docket ("Request for Comment"). I. INTRODUCTION Vodafone is a wholly-owned subsidiary of Vodafone Group Plc, which holds affiliates that operate throughout the world, serving more than 400 million customers in 30 countries and reaching 50 more countries through partner networks. Vodafone is actively involved in providing Internet of Things ("loT') services in the U.S., across the E.U. and in many other countries across the globe, including importantly emerging markets in Africa and Asia. Vodafone is a
    [Show full text]
  • Vodafone Group Plc Annual Report 2015: Financials
    Contents Overview Financials Strategy review Strategy Reporting our financial performance We continue to review the format of our consolidated financial statements with the aim of making them clear and easier to follow. This year, we have simplified the consolidated financial statements by moving the commentary on the primary financial statements to the strategic report at the front of the Annual Report to help with the flow of information and keep all commentary on the Group’s operational performance together. We hope this format makes it easier for you to navigate to the information that is important to you. Page Page Page Performance 94 Directors’ statement 109 Notes to the consolidated 175 Other unaudited of responsibility financial statements: financial information: 96 Report of independent registered 109 1. Basis of preparation 175 Prior year operating results public accounting firm Income statement 180 Company balance sheet 97 Audit report on the consolidated 114 2. Segmental analysis of Vodafone Group Plc 117 3. Operating profit/(loss) and parent company 181 Notes to the Company Governance 118 4. Impairment losses financial statements financial statements: 123 5. Investment income and 105 Consolidated financial statements: financing costs 181 1. Basis of preparation 105 Consolidated income statement 124 6. Taxation 182 2. Fixed assets 105 Consolidated statement 128 7. Discontinued operations 182 3. Debtors of comprehensive income 129 8. Earnings per share 183 4. Other investments 106 Consolidated statement 129 9. Equity dividends 183 5. Creditors of financial position Financial position 183 6. Share capital Financials 107 Consolidated statement of changes 130 10. Intangible assets 184 7. Share-based payments in equity 132 11.
    [Show full text]
  • Vodafone Group Plc Plc Vodafone Group
    Vodafone Group Plc Group Vodafone Plc Registered Office Vodafone Group Plc Vodafone House The Connection Annual Report Newbury Berkshire For the year ended 31 March 2010 RG14 2FN England Registered in England No. 1833679 Tel: +44 (0) 1635 33251 2010 March 31 ended year the Report for Annual Fax: +44 (0) 1635 45713 www.vodafone.com We are one of the world’s largest Contact details mobile communications companies Investor Relations by revenue, operating across the Telephone: +44 (0) 1635 33251 globe providing a wide range of Media Relations communications services. Our vision Telephone: +44 (0) 1635 664444 is to be the communications leader Corporate Responsibility in an increasingly connected world. Fax: +44 (0) 1635 674478 E-mail: [email protected] Website: www.vodafone.com/responsibility This constitutes the annual report of Vodafone Group Plc (the ‘Company’) for the year Contents ended 31 March 2010 and is dated 18 May 2010. The content of the Group’s website (www.vodafone.com) should not be considered to form part of this annual report or the Executive summary# Company’s annual report on Form 20-F. 1 Highlights 2 Chairman’s statement In the discussion of the Group’s reported financial position, operating results and cash flow 4 Telecommunications industry for the year ended 31 March 2010, information is presented to provide readers with additional financial information that is regularly reviewed by management. However this 6 Chief Executive’s review additional information is not uniformly defined by all companies, including those in the 10 Global presence Group’s industry. Accordingly, it may not be comparable with similarly titled measures and # disclosures by other companies.
    [Show full text]
  • Route Guidance Systems Expanding Options
    Michael L. Sena Consulting AB Mobility Research Report Route Guidance Systems Expanding Options for the Market Author: Michael L. Sena Original Date of Writing: March 15, 2005 Revision Date: Number: POSP009 Recipients: Date Provided: (REF: \GENERAL\POSP009_VO3) Note: This Mobility Research Report is provided to the recipient on the condition that it is not copied or distributed in any form without the express written consent of the author. The Mobility Research Report is Copyrighted © Michael L. Sena. MICHAEL L. SENA CONSULTING AB Åsa Stationsväg 22 • S-430 31 Åsa • Sweden Phone: +46 340 656 890 • Fax: + 46 340 656 880 Mobile: +46 733 961 341 E-MAIL - [email protected] . MARCH 15, 2005. MOBILITY RESEARCH REPORT II . Preface Mobility Research Reports are intended to generate discussion within the Intelligent Transport Systems (ITS) community. The community is defined in its broadest scope, and includes environmental and city planners and map and travel guide publishers, as well as the individuals associated with organizations that have thus far been the drivers behind ITS efforts. This widening of the forum for discussion is recognition of the important role that can be played by those who are responsible for designing the environments in which ITS solutions will operate, and by those who have traditionally provided the tools used for human orientation and wayfinding. Each paper expresses the personal views of the author, with a focus on the interrelationships between the designs of the systems, services and infrastructure which are proposed to improve personal and collective mobility, and the planning and design of our habitat.
    [Show full text]
  • Smartphones 37 4.1 Customer Need: Mobility 37 4.2 Vendors 38 4.3 Operating System Duopoly 39 4.4 Hardware Specifications 40 Acronyms 46 Notes 47
    Digital Services in the 21st Century IEEE Press 445 Hoes Lane Piscataway, NJ 08854 IEEE Press Editorial Board Tariq Samad, Editor in Chief Giancarlo Fortino Xiaoou Li Ray Perez Dmitry Goldgof Andreas Molisch Linda Shafer Don Heirman Saeid Nahavandi Mohammad Shahidehpour Ekram Hossain Jeffrey Nanzer Zidong Wang Digital Services in the 21st Century A Strategic and Business Perspective Antonio Sánchez Belén Carro Universidad de Valladolid, Spain Copyright 2017 by The Institute of Electrical and Electronics Engineers, Inc. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 750-4470, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permission. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose.
    [Show full text]
  • 4-Color Process
    Telecom, Media & Entertainment the way we see it TechnoVision™ 2012 in the TME Industry Telecom & Media Insights Issue 44 Contents 1 Abstract 2 2 TechnoVision™ in TME 3 – Introduction – TechnoVision™ – You Experience – We Collaborate – Process-on-the-fly – Thriving on Data – Sector-as-a-Service – Invisible Infostructure – LiberArchitecture 3 Putting TechnoVision™ into Practice in TME 8 – New Revenue Streams – Transformation to Cut Costs – Recreate Barriers to Entry – Convergence and the Digital Supply Chain Telecom, Media & Entertainment the way we see it 1 Abstract The Telecom, Media and Entertainment (TME) industries are highly technology-dependant and prone to rapid and disruptive changes due to the evolution of technology. Capgemini’s TechnoVision framework is designed to enable organizations align technology trends with business objectives. The framework identifies twenty-two developing technologies that are mapped to six operational and one technology cluster. Developments in access technologies and devices are enabling highly personalized and rich multimedia services delivery, allowing TME players to create the “You Experience” for consumers. The changing nature of services is mandating that TME players look outside their organizations for sources of innovation. Telecom players are achieving this by leveraging the “We Collaborate” cluster – many are opening up their network and data assets in a controlled manner to the external development community through Open Application Programming Interfaces (APIs). The new environment also demands a high-level of agility from TME players, and requires organizations to adopt “Process-on-the-fly”, which refers to modular, reusable process and IT solutions that allow companies to respond to change in real-time. TME players are increasingly “Thriving on Data”, as new business models and services are expected to make extensive use of customer data analytics.
    [Show full text]
  • Vodafone Italia Bilancio Di Responsabilità 2008 - 2009
    Vodafone Italia e il Gruppo Vodafone Vodafone Vodafone Italia Bilancio di Responsabilità 2008 - 2009 We said, we have, we will. 1 Vodafone Italia Bilancio di Responsabilità 2008 - 2009 We said, we have, we will. Contributo in sintesi di Vodafone Italia al Paese 4 Lettera del Presidente e dell’Amministratore Delegato 5 indice Premessa metodologica 7 Verifica del Bilancio di Responsabilità 9 Vodafone Italia e il Gruppo Vodafone 11 La CR in Vodafone Italia e nel Gruppo Vodafone 17 La Governance di Vodafone Italia 23 Il contesto regolamentare e il contesto legale 29 My Future 33 Sviluppo della rete e campi elettromagnetici 39 Efficienza energetica e cambiamenti climatici 45 Attenzione al cliente 55 Attenzione alle risorse umane 63 La Fondazione Vodafone Italia 77 Integrità dei rapporti con i fornitori 81 Performance patrimoniali ed economiche 85 Impegni per il futuro 95 Glossario e acronimi 103 3 Contributo in sintesi di Vodafone Italia al Paese 8.245 dipendenti (incluse 81 persone di Tele2) 25.000 persone occupate nell’indotto* 120.908 giornate di formazione erogate in un anno (personale interno ed esterno) 1.673 mln di euro a favore dell’Erario e di altre istituzioni pubbliche 17 mld di euro fra spese e investimenti realizzati in Italia negli ultimi cinque anni** 96% dei volumi di acquisto ordinati concentrati su realtà industriali italiane o sussidiarie locali di realtà multinazionali Fondazione Vodafone Italia: dal 2002 ad oggi realizzate 240 iniziative a favore del sociale, erogati fondi per oltre 38 mln di euro di cui il 40% investiti al sud * Stima interna Vodafone Italia ** Inclusi investimenti, spese operative, spese di acquisizione e retention dei clienti, remunerazioni, costi di materie prime.
    [Show full text]
  • European Location Study 2010
    EUROPEAN LOCATION STUDY 2010 Positioning technologies: Evolving landscape and opportunities FULL STUDY This study has been supported by July 2010 - PTOLEMUS Consulting Group - All rights reserved ABOUT PTOLEMUS CONSULTING GROUP PTOLEMUS is the first strategy consulting firm entirely focused on the location business. We help our clients apply strategic analysis to this fast-moving ecosystem, across all its industries (consumer electronics, automotive, mobile telecoms, etc.) and on an international basis. PTOLEMUS, founded by Frederic Bruneteau, operates across Europe and has Partners in Brussels, London and Paris. It has also built a network of location specialists across the world to be able to analyse and address global location and mobility issues. The authors of this study Frederic Bruneteau, Managing Director, Brussels ([email protected]) ! Mr. Bruneteau founded the PTOLEMUS Consulting Group on the conviction that pervasive location and connectivity would revolutionize the business of mobility. He has 15 years of experience in 10 countries with companies such as TomTom, Vodafone SFR, Arthur D. Little and BNP Paribas. Olivier Bourhis, Managing Partner, Paris ([email protected]) Olivier Bourhis has accumulated over 20 years of experience in strategy, business development, marketing and sales. Before PTOLEMUS, Olivier held international marketing and business development functions with Peugeot Citroën, Cable & Wireless, TeleBilling A/S, Orga Systems and TeleDanmark Group (TDC) in Germany and in the Netherlands. Richard Cornish, Associate Partner, London ([email protected]) Richard has over 18 years experience in the development and exploitation of GPS products and associated applications. Before PTOLEMUS, Richard worked with Orange Group, T-Systems, Cobra Automotive and GNSS Consulting. Thomas Hallauer, Consultant, London ([email protected]) Formerly head of Telematics Update and TheWhereBusiness, Thomas Hallauer has over 8 years of experience of telematics and location-based services.
    [Show full text]
  • Pressing Forward
    Pressing forward Vodafone Group Plc Sustainability Report For the year ending 31 March 2010 About our reporting About us This is Vodafone’s 10th annual Group report detailing the environmental and Contents social impacts of our business and covers the financial year ended 31 March 2010. About our reporting 1 Previously known as our Corporate Responsibility Report, in 2009/10 we changed the Customers change Climate Operations chain Supply Foundations Report scope Assurance against objectives Progress CEO message 2 title to Sustainability Report. We believe this shift in terminology better reflects the role Vodafone can play in promoting a more sustainable society (see our approach, page 5). About Vodafone 3 Our approach 5 This Report outlines our performance in 2009/10 on each of the environmental and social issues most material to our business. It also includes links to our sustainability Customers 15 website, where we provide more general information about our approach to each issue, Climate change 31 our policies and management processes. See www.vodafone.com/responsibility. Operations 40 Scope Supply chain 54 The scope of this Report includes sustainability data and activities from all local markets Foundations 59 managed by Vodafone for the full 2009/10 financial year, with the exception of Vodafone Report scope 61 Ghana and Vodafone Qatar (for more information see page 61). However, these markets are included in the discussion of issues where they are particularly material and we have Assurance 63 also included separate pullouts on both these markets to outline our progress there Progress against objectives 65 during 2009/10 (see pages 12–13).
    [Show full text]