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1.

2.
Contents
3.
Chairman's Summary
4.
Managing Director's Review
5.
Looking ahead
6.

7.
Competing for the Customer
8.

9.
People, Products, Places
10.

11.
Rewarding Tourism ExSEllence
12.

13.
Performance through Partnership
14.

15.
Director's Report
16.

17.
Profit & loss account
18.
Cash flow statement
19.
Notes to the financial statements
20.

21.
Notes to the financial statements
22.

23.
Notes to the financial statements
24.

 Text only version of page 24.

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Tourism South East, 40 chamberlayne road, Eastleigh, hampshire SO50 5Jh
Tel: (023) 8062 5400  Fax: (023) 8062 0010  Email: communications@tourismse.com
  
www.visitsoutheastengland.com  www.industry.visitsoutheastengland.com
Printed on recycled paper using vegetable-based inks