CORPORATE STATEMENT Our goal is to be a leader in the optical
fibre-based laser market. SPI is now a recognised leader in the design and manufacture
of fibre lasers. The Group’s technology is rapidly becoming an integral part of
producing many end-user products by improving, and in some cases enabling, its
customers’ manufacturing processes. SPI continues to expand the applications space
for fibre lasers, with powers from mWs to kWs. CORPORATE STATEMENT HIGHLIGHTS
01 AT A GLANCE 02 OUR MARKET 02 OUR TECHNOLOGY 02 CURRENT PRODUCTS 04 CHAIRMAN’S
STATEMENT 06 CHIEF EXECUTIVE’S REVIEW 08 FINANCIAL REVIEW 10 BOARD OF DIRECTORS
13 DIRECTORS’ REPORT 16 STATEMENT OF DIRECTORS’ RESPONSIBILITIES 17 INDEPENDENT
AUDITORS’ REPORT 18 GROUP PROFIT AND LOSS ACCOUNT 18 GROUP STATEMENT OF TOTAL
RECOGNISED GAINS AND LOSSES 19 GROUP BALANCE SHEET 20 COMPANY BALANCE SHEET 21
GROUP CASH FLOW STATEMENT 22 NOTES TO THE FINANCIAL STATEMENTS 36 OFFICERS AND
PROFESSIONAL ADVISORS
