Interim Results - Part 2

Martin Currie High Income Trust PLC 27 February 2001 PART 2 martin currie high income trust plc Statement of total return (incorporating the revenue account)* for the period 1 August 2000 to 31 January 2001 Revenue Capital Total £000 £000 £000 (Losses) / gains on investments - realised 0 (174) (174) - unrealised 0 91 91 Income - franked 1,884 0 1,884 - unfranked 153 0 153 Investment management fee (46) (140) (186) Other expenses (102) 0 (102) _____ _____ _____ Net return on ordinary activities before finance costs 1,889 (223) 1,666 and taxation Interest payable and similar charges (324) (973)(1,297) _____ _____ _____ Net return on ordinary activities after finance costs and 1,565 (1,196) 369 taxation Dividends in respect of equity shares (1,313) 0 (1,313) _____ _____ _____ Transfer to reserves (after aggregate dividends paid and proposed of 3.50p ) 252 (1,196) (944) _____ _____ _____ Returns per ordinary share 4.17p (3.19p) 0.98p * The revenue column of this statement is the profit and loss account of the company. All revenue and capital items derive from continuing operations. martin currie high income trust plc Statement of total return (incorporating the revenue account)* for the period 1 August 1999 to 31 January 2000** Revenue Capital Total £000 £000 £000 Losses on investments - realised 0 (422) (422) - unrealised 0 (4,499)(4,499) Income - franked 1,732 0 1,732 - unfranked 165 0 165 Investment management fee (44) (132) (176) Other expenses (82) 0 (82) _____ _____ _____ Net return on ordinary activities before finance costs 1,771 (5,053)(3,282) and taxation Interest payable and similar charges (325) (975)(1,300) _____ _____ _____ Net return on ordinary activities before taxation 1,446 (6,028)(4,582) Taxation on ordinary activities 0 0 0 _____ _____ _____ Net return on ordinary activities after taxation 1,446 (6,028)(4,582) Dividends in respect of equity shares (1,313) 0 (1,313) _____ _____ _____ Transfer to reserves (after aggregate dividends paid and proposed of 3.50p) 133 (6,028)(5,895) _____ _____ _____ Returns per ordinary share 3.86p(16.08)p(12.22)p * The revenue column of this statement is the profit and loss account of the company. All revenue and capital items derive from continuing operations. ** The figures have been restated in accordance with FRS 16 and income from equities has been shown net of tax credits. Martin Currie High Income Trust plc Statement of total return (incorporating the revenue account)* for period 1 August 1999 to 31 July 2000 Revenue Capital Total £000 £000 £000 Losses on investments - realised 0 (537) (537) - unrealised 0 (3,622) (3,622) Income - franked 3,699 0 3,699 - unfranked 273 0 273 Investment management fee (89) (265) (354) Other expenses (186) 0 (186) _____ _____ _____ Net return on ordinary activities before finance costs 3,697 (4,424) (727) and taxation Interest payable and similar charges (642) (1,927)(2,569) _____ _____ _____ Net return on ordinary activities after finance costs and 3,055 (6,351)(3,296) taxation Dividends in respect of equity shares (3,000) 0 (3,000) _____ _____ _____ Transfer to reserves (after aggregate dividends paid and proposed of 8.00p (1999: 7.60p)) 55 (6,351)(6,296) _____ _____ _____ Returns per ordinary share 8.15p(16.94p)(8.79p) * The revenue column of this statement is the profit and loss account of the company. All revenue and capital items derive from continuing operations. martin currie high income trust plc BALANCE SHEET As at As at As at 31 January 31 January 31 July 2000 2001 2000 £000 £000 £000 £000 £000 £000 Investments at market value Listed on the Stock Exchange in 60,965 63,481 61,655 the UK Current assets Debtors 373 281 417 Short term deposits and bank 1,806 462 2,104 balances _______ _______ ______ 2,179 743 2,521 Creditors Amounts falling due within one (1,695) (1,430) (1,783) year _______ _______ ______ Net current assets/(liabilities) 484 (687) 738 _______ ______ _______ Total assets less current 61,449 62,794 62,393 liabilities Creditors Amounts falling due outwith one year Loan (36,400) (36,400) (36,400) _______ _______ _______ Total net assets 25,049 26,394 25,993 _______ _______ _______ Capital and reserves Called up share capital 9,375 9,375 9,375 Share premium 25,875 25,875 25,875 Capital reserves - realised (6,389) (3,902) (5,102) - unrealised (4,412) (5,380) (4,503) Revenue reserve 600 426 348 _______ _______ _______ Total shareholders' funds 25,049 26,394 25,993 _______ _______ _______ Net asset value per ordinary 66.8p 70.4p 69.3p share Martin currie high income trust plc Statement of cash flow for the period 1 August 2000 to 31 January 2001 £000 £000 Operating Activities Net dividends and interest received from investments 2,044 Interest received from deposits 43 Investment management fee (211) Cash paid to and on behalf of directors (17) Other cash payments (41) ______ Net cash inflow from operating activities 1,818 Returns on investments and servicing of finance Interest paid (1,304) ______ Net cash outflow from returns on investments and servicing of (1,304) finance Taxation Net taxation received 29 Capital expenditure and financial investments Payments to acquire investments (2,304) Receipts from disposal of investments 3,151 ______ Net cash inflow from capital expenditure and investing 847 activities Equity dividends paid (1,688) ______ Decrease in cash for period (298) ______ martin currie high income trust plc Statement of cash flow for the period 1 August 1999 to 31 January 2000 £000 £000 Operating Activities Net dividends and interest received from investments 2,028 Interest received from deposits 40 Investment management fee (218) Cash paid to and on behalf of directors (23) Other cash payments (6) ______ Net cash inflow from operating activities 1,821 Returns on investments and servicing of finance Interest paid (1,301) ______ Net cash outflow from returns on investments and servicing of finance (1,301) Capital expenditure and financial investments Payments to acquire investments (9,160) Receipts from disposal of investments 8,664 ______ Net cash outflow from capital expenses and investing activities (496) Equity dividend paid (1,406) ______ Decrease in cash for period (1,382) ______ MARTIN CURRIE HIGH INCOME TRUST plc Statement of cash flow for the period 1 August 1999 to 31 July 2000 £000 £000 Operating Activities Net dividends and interest received from investments 4,006 Interest received from deposits 77 Investment management fee (350) Cash paid to and on behalf of directors (58) Other cash payments (148) ______ Net cash inflow from operating activities 3,527 Returns on investments and servicing of finance Interest paid (2,568) ______ Net cash outflow from returns on investments and servicing of finance (2,568) Capital expenditure and financial investments Payments to acquire investments (16,615) Receipts from disposal of investments 18,635 ______ Net cash inflow from capital expenditure and financial investments 2,020 Equity dividend paid (2,719) ______ Increase in cash for period 260 ______

Companies

MyHealthchecked (MHC)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today