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HF GROUP

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HF GROUPANNUAL REPORT AND FINANCIAL STATEMENTSFOR THE YEAR ENDED 20162HF GROUPANNUAL REPORT AND FINANCIAL STATEMENTSFOR THE YEAR ENDED 20163Komarock Phase 5BKomarock Phase 5B is a wholly owned HFDI development, consisting of 115 4 bedroom maisonettes, located in Komarock area of Nairobi. These spacious homes are built with quality in mind and offer a great opportunity for home , Officers and Administration 5Group Overview 6Board of Directors 10Notice of annual General meeting 12Chairman s Statement 18Group Managing Director s Statement 24Management 30Pictorial of 2016 Activities 38Report of the Directors 43Corporate Governance 47Statement of Directors Responsibilities 54Report of the Independent Auditors 56Consolidated Statement of Profit or loss and other Comprehensive Income 66Consolidated Statement of Financial Position 67Company Statement of Financial Position 68Consolidated Statement of Cash Flows 69Consolidated Statement of Changes in Equity 70Company Statement of Changes in Equity 72Notes to the Consolidated Financial Statements 74Shareholder s Proxy 141 HF GROUPANNUAL REPORT AND FINANCIAL STATEMENTSFOR THE YEAR ENDED 20164HF GROUPANNUAL REPORT AND FINANCIAL STATEMENTSFOR THE YEAR ENDED 201655DIRECTORSSteve O.

CONTENTS Directors, Officers and Administration 5 Group Overview 6 Board of Directors 10 Notice of Annual General Meeting 12 Chairman’s Statement 18

  Annual, Testament, Notice, Meeting

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