6.7 Conclusions The Committee resolved to seek a legal opinion on the legal status of the PSJV, how the trust fund should be held accountable and the relationship between the PSJV and the state. 7. ANNUAL REPORT OF INFRACO The annual report of Broadband Infraco highlighted the financial performance of the entity and its performance against the key performance targets. It gave an overview of what the entity has implemented and how it had improved since the implementation of a turnaround strategy to improve the performance of the entity.