THE
CORPORATE
CODES
Collett SAB&T Report November 2003
History of Aqua and Netainment
– Graphic Demonstration of the Aqua and Netainment business history
– Accounting for Corpcapital’s Investment in Netainment (Cytech)
– Riglyne oor ekwiteitswaardasies
– Value of Company – Netainment
– Documents which we consider essential for completion of our investigation
Financial Statements of the Corpcapital/Aqua Holdings Group
– Organigram
– Share Certificates
– Holdings – Financial Statements 2000
– Holdings – Financial Statements 2001
– Holdings – Financial Statements 2002
– Aqua (Int) – Financial Statements 2000
– Aqua (Int) – Financial Statements 2001
– Aqua (Int) – Financial Statements 2002
– Interactive – Financial Statements 2002
– Interactive – Financial Statements 2001
– Interactive – Financial Statements 2002
– Netainment
– Cytech
– CFI
– Exchange Rates
Netainment, Cytech, CFI Valuations
– Netainment – Analysis of Management Income Statements – month to month
– Cytech – Analysis of Management Income Statements – month to month
– CFI – Analysis of Management Income Statements – month to month
– Netainment – Analysis of Management Income Statements – year to date
– Cytech – Analysis of Management Income Statements – year to date
– CFI – Analysis of Management Income Statements – year to date
– Netainment – Analysis of Management Balance Sheet
– Cytech – Analysis of Management Balance Sheet
– CFI – Analysis of Management Balance Sheet
– Summary of Profits and Retained Earnings of Management Income Statements
– Graph – Netainment vs CFI – Year to date profits according Management Accounts
– Graph – Netainment (Cytech) Actual Profit vs Valuation Adjusted Profit
– Corpcapital – Analysis of Management Income Statements
– Graph – Aqua Expenses vs Netainment Profits
– Graph – CFI Expenses vs Profit of Netainment
– Graph – Advertising and Marketing Costs vs Revenue and Profit
– Interactive – Analysis of Income Statements
– Graph – Interactive – Expenses vs Profit vs Revenue
– Interactive – Revenue received from Netainment as a % of Total revenue
– Graph – Interactive – Dependency on Netainment
– Aqua Online (Int) Ltd – Analysis of Income Statements
– Graph – Aqua Online (Int) Ltd – Profit /(Loss) vs Revenue vs Expenses
– Cytech – Analysis of Income Statements – Management Accounts vs Financial Statements
– Graph – Cytech – Different Profits for 2002
– Cytech – Analysis of Balance Sheets – Management Accounts vs Financial Statements
– Actual Profit vs Valuation Adjusted Profits
– Valuation Dividend Yield
– Graph – Valuation – Range of September 2000 valuations
– Graph – Valuation – Range of September 2001 valuations
– Graph – Valuation – Range of August 2002 valuations
– Summary of valuations
– Sensitivity Analysis
– Graph – Valuation – Range of August 2000 valuations
– Graph – Valuation – Range of September 2001 valuations
– Graph – Valuation – Range of August 2002 valuations
– Corpcapital Valuation – August 2000
– Corpcapital Valuation – September 2001
– Corpcapital Valuation – August 2002
– Valuations
– Graph – August 2000 valuation – Actual profits vs Accumulative profits
– Graph – August 2000 valuation – Effect of 2nd and 3rd Years Profit
– Graph – March 2001 valuation – Actual Profits vs Accumulative Profits
– Graph – March 2001 valuation – Effect of 2nd and 3rd Years Profit … cont …
– Graph – September 2001 valuation – Actual Profits vs Accumulative Profits
– Graph – September 2001 valuation – Effect of 2nd and 3rd Years Profits
– Graph – February 2002 valuation – Actual Profits vs Accumulative Profits
– Graph – February 2002 valuation – Effect of 2nd and 3rd Years Profits
– Graph – August 2002 valuation – Actual Profits vs Accumulative Profits
– Graph – August 2002 valuation – Effect of 2nd and 3rd Years Profits
– Anaylsis of fees paid by Netainment to Aqua Online (Int) Ltd and Interactive Online
– Graph – Analysis of fees paid by Netainment to Aqua Online (Int) Ltd
– Graph – Analysis of fees paid by Netainment to Interactive Online
Restated Financial Statements for Corpcapital to account for Cytech and Aqua (Bundle D)
– Did the Financial Statements of Corpcapital Ltd confirm to GAAP and the Companies Act
– Restatement of the financial statements of Corpcapital Limited to account for Cytech and Aqua
– Graphical illustration Cost Method
– Graphical illustration Equity Method
– Forex and Associated Income Workings for Restatement of Financial Statement : Workings
Collett – Directors, related parties and shareholding (Bundle E)
– Introduction
– Directorships
– Shareholders
– The links
– The advantages of the links
– Other related Entities/Individuals
– Conclusions
– Constraints
Cytech and Netainment – Analysis of Management Income Statements
Collett Forensic report 1 Nov 2003
Collett Forensic report 1 Corpcapital Group directorships and shareholding
Collett Forensic report 1 Corpcapital background to valuation of Cytech
Collett Forensic report 1 Corpcapital valuations of Cytech 2000 to 2002
Collett Forensic report 1 Reconstruction of Corpcapital FS after Cytech adj
Collett Forensic report 1 Restatement of Corpcapital annual financial statements
Collett Forensic report 2 Nov 2003
Collett Forensic report 2 Chart E1 and E2, Adjustments between CFI and Cytech to inflate profits 1999-2007
Collett Forensic report 2 Chart G1 to G3, Cytech admin fees paid to Aqua
Collett Forensic report 2 Chart J1.1 to J4.1, Income statement Interactive Online 2000-2002
Collett Forensic report 2 Chart L1 to L7, Range of 2000 Cytech valuations by PWC done Sept 2002
Collett Forensic report 2 Chart M3.a to M7.b, Actual and cumulative profits Cytech forecasted
Collett Forensic report 2 Chart N2 to N3, Fees paid by Cytech to Aqua 2001-2002
Collett Forensic report 2 Nasdaq comparison to Cytech valuations