Senwesbel Annual Reports Senwesbel 2013/2014 Annual Report | Page 2

Table of Contents 1 Introduction and Scope of the Report 2 Board of Directors 3 Chairman’s Report 5 5-year Review of the Investment in Senwes Limited 7 Consolidated Statement of Financial Position 8 Consolidated Statement of Comprehensive Income 9 Consolidated Statement of Changes in Equity 10 Consolidated Statement of Cash Flows 11 Notes to the Financial Statements 12 Senwesbel Condensed Annual Report 2014