CAPRICORN INVESTMENT GROUP LIMITED | INTEGRATED ANNUAL REPORT | 2016 Capricorn Investment Group Limited 6th Floor Capricorn Group Building Kasino Street Windhoek Namibia PO Box 15 Windhoek Namibia Telephone: +264 (61) 299 1301 Facsimile: +264 (61) 299 1309 www.capricorn.com.na
[email protected] Produced by Group Marketing & Corporate Communication Services Telephone: +264 (61) 299 1226
[email protected] www.capricorn.com.na Layout and design Greymatter & Finch www.greymatterfinch.com Chapter 3 www.chapter3.co.za BANK WINDHOEK HOLDINGS BECOMING CAPRICORN INVESTMENT GROUP LIMITED 01 | WHY YOU SHOULD READ THIS INTEGRATED ANNUAL REPORT 02 | SCOPE AND BOUNDARY OF THIS REPORT 03 | HOW WE DO BUSINESS 04 | CHAIRMAN’S STATEMENT 05 | MANAGING DIRECTOR’S REPORT 06 | HOW WE GOVERN OUR BUSINESS Contents 07 | CONSOLIDATED ANNUAL FINANCIAL STATEMENTS 221 08 | GLOSSARY OF TERMS 222 09 | NOTICE OF AGM AND PROXY FORM INTEGRATED ANNUAL REPORT 2016 1 BANK WINDHOEK HOLDINGS BECOMING THE CAPRICORN INVESTMENT GROUP “Capricorn Group is a remarkable Namibian story about a successful business built on integrity, the spirit of entrepreneurship, relationships, and, above all, the commitment and hard work of our people. Our organisational culture is one that encourages exceptional performance, supported by a strong sense of responsible behaviour. As a group, we remain committed to the responsible economic growth of Namibia.” – Thinus Prinsloo, managing director of Capricorn Group This integrated report introduces the new supported by a purpose statement and values that Capricorn Investment Group Limited (Capricorn will set the direction for the group’s future strategy. Group) previously known as Bank Windhoek The new logo is featured on the front cover of Holdings Limited (BWH).