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CONSOLIDATED FINANCIAL REPORT | EXPLANATORY NOTES

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Lastly, Precision Fiber Optics Ltd., based in Japan, manufactures and sells optical fibre cables in the local

market.

The following table reports key financial figures for the investments in joint ventures:

4. AVAILABLE-FOR-SALE FINANCIAL ASSETS

These are detailed as follows:

Current assets include securities that mature within 12 months of the reporting date and securities that

mature beyond 12 months but which are expected to be sold in the near term; non-current assets reflect

shareholdings considered instrumental to the Group's business.

Available-for-sale financial assets have not reported any significant movements during the year.