Replacement Annual Financial Report -34-
01 May 2010 - 1:47AM
UK Regulatory
statements was calculated using a weighted average method.
The net asset value reconciliation as at 31 December 2009 is as follows:
+------------------------------------------+---+---------------------+----------------+
| | | EUR | US$ |
| | | Class | Class |
+------------------------------------------+---+---------------------+----------------+
| Net asset value per share for | | 0.44178 | 0.56986 |
| shareholder dealing per valuation | | | |
+------------------------------------------+---+---------------------+----------------+
| Adjustment to accruals | | (0.02690) | 0.02540 |
+------------------------------------------+---+---------------------+----------------+
| Net asset value per share per financial | | 0.41488 | 0.595255 |
| statements | | | |
+------------------------------------------+---+---------------------+----------------+
| | | | |
+------------------------------------------+---+---------------------+----------------+
The net asset value reconciliation as at 31 December 2008 was:
+------------------------------------------+---+---------------------+----------------+
| | | EUR | US$ |
| | | Class | Class |
+------------------------------------------+---+---------------------+----------------+
| Net Asset Value per share for | | 0.49190 | 0.62430 |
| shareholder dealing per valuation | | | |
+------------------------------------------+---+---------------------+----------------+
| Adjustment to accruals | | (0.02351) | 0.02679 |
+------------------------------------------+---+---------------------+----------------+
| Net Asset Value per share per financial | | 0.46839 | 0.65109 |
| statements | | | |
+------------------------------------------+---+---------------------+----------------+
| | | | |
+------------------------------------------+---+---------------------+----------------+
The Net Asset Value reconciliation as at 31 March 2008 was:
+------------------------------------------+---+---------------------+
| | | EUR |
| | | Class |
+------------------------------------------+---+---------------------+
| Net Asset Value per share for | | 0.67730 |
| shareholder dealing per valuation | | |
+------------------------------------------+---+---------------------+
| Adjustment to accruals | | 0.01090 |
+------------------------------------------+---+---------------------+
| Adjustment on value of investments | | (0.00950) |
+------------------------------------------+---+---------------------+
| Net Asset Value per share per financial | | 0.67870 |
| statements | | |
+------------------------------------------+---+---------------------+
| | | |
+------------------------------------------+---+---------------------+
18. SEGMENTAL REPORTING
Under IFRS 8, the primary segment has been identified as the business segment.
The Company has only one business segment, which is its investments in debt
securities. The table below discloses revenue earned from the country of
domicile and from material foreign countries.
NOTES TO THE FINANCIAL STATEMENTS (continued)
For the year ended 31 December 2009
18. SEGMENTAL REPORTING (continued)
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| | Ireland | Cayman | USA | Netherlands | Other | Total |
| | (Country | Islands | | | foreign | |
| | of | | | | countries | |
| | domicile) | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| Consolidated | EUR'000 | EUR'000 | EUR'000 | EUR'000 | EUR'000 | EUR'000 |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| 31December | | | | | | |
| 2009 | | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| | | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| Dividend | | 997,618 | | | | 997,618 |
| income | - | | - | - | - | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| Interest | 256,396 | 3,878,113 | 12,509,427 | 508,868 | 377,903 | 17,530,707 |
| income | | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| | | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| 31December | | | | | | |
| 2008 | | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| | | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| Dividend | | 89,056 | | | | 89,056 |
| income | - | | - | - | - | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| Interest | 54,771 | 2,788,804 | 1,296,473 | 1,434,616 | 262,491 | 5,837,155 |
| income | | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
| | | | | | | |
+---------------+----------------+--------------+----------------+----------------+-------------+-----------------+
19. INVESTMENT BREACH
As at 30 January 2009, the Company held 21.5% of the value of the net asset
value of the Company in Gale Force 4. The Company is restricted to holding a
maximum of 20% of the value of the net asset value of the Company in the
securities of any one issuer. This breach was as a result of market
appreciation. The Company was back in compliance as at 28 February 2009, at
which point the Company held 19% of its net asset value in Gale Force 4.
20. DISTRIBUTIONS
The Board declared the following distributions during the year;
Period ended 30 September 2009
EUR0.0112 per Euro share
US$0.0167 per US$ share
This distribution was paid on 29 October 2009 to shareholders on the share
register as at the close of business on 23 October 2009.
Period ended 30 June 2009
EUR0.0149 per Euro share
US$0.0208 per US$ share
This distribution was paid on 31 July 2009 to shareholders on the share register
as at the close of business on 24 July 2009.
Period ended 31 March 2009
EUR0.0131 per Euro share
US$0.0173 per US$ share
This distribution was paid on 30 April 2009 to shareholders on the share
register as at the close of business on 24 April 2009.
NOTES TO THE FINANCIAL STATEMENTS (continued)
For the year ended 31 December 2009
20. DISTRIBUTIONS (continued)
Period ended 31 December 2008
EUR0.0115 per Euro share
US$0.019 per US$ share
This distribution was paid on 30 January 2009 to shareholders on the share
register as at the close of business on 23 January 2009.
Total distributions for the period amounted to EUR2,267,153 on the Euro class and
$4,781,139 on the US$ class.
21. SUBSEQUENT EVENTS
On 13 January 2010, the Board declared an interim dividend of EUR0.01 per share
Carador Eur (LSE:CDO)
Historical Stock Chart
From May 2024 to Jun 2024
Carador Eur (LSE:CDO)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Carador Eur (London Stock Exchange): 0 recent articles
More Carador Eur News Articles