CONTENTS
3 Report of the Chairman
of the Finance Committee
6 Strategic Report
7 Directors' Report
9 Corporate Governance Report
11 Independent Auditor's
Report to the Trustees
of the ITF Trust
14 Consolidated Income
Statement
15 Consolidated Statement
of Financial Position
16 Consolidated Statement
of Comprehensive Income
16 Consolidated Statement
of Changes in Equity
17 Consolidated Cash
Flow Statement
18 Notes
2 ITF Trust Annual Report and Consolidated Financial Statements