Investec Inv Tst PLC (47HA) - Half Yearly Report
RNS Number : 3619S
Investec Investment Trust PLC
29 November 2012
INVESTEC INVESTMENT TRUST PLC - THE COMPANY
(REGISTRATION NUMBER: 328206)
UNAUDITED PROFIT AND LOSS ACCOUNT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2012
Six months ended Six months ended Year ended
30 September 2012 30 September 2011 31 March 2012
Unaudited Unaudited Audited
(note 2) (note 2) (note 2)
£000 £000 £000
Interest payable (31) (31) (63)
Loss on ordinary (31) (31) (63)
activities before taxation
Tax on loss on ordinary - - (203)
Loss on ordinary (31) (31) (266)
activities after taxation
Retained loss for the (31) (31) (266)
Net assets 26,052 26,115 26,083
1. Cash Flow Statement
The Company is exempt from the requirements to prepare a cash flow statement
under Financial Reporting Standard 1, because a consolidated cash flow
statement is included in the publicly available consolidated financial
statements of its ultimate holding company, Investec plc.
2. The financial statements have been prepared under the historical cost
convention and in accordance with applicable accounting standards.
3. Investec Group Investments (UK) Limited, a wholly-owned of Investec Bank
plc, owns all of the ordinary shares of the company, £266,586 of the of the
nominal 3.5 per cent cumulative preference stock and £96,612 of the nominal 5
per cent preference stock in issue. The issued £1,300,000 nominal 3.5 per cent
and £345,438 nominal 5 per cent cumulative preference stocks are listed on the
London Stock Exchange.
4. Surplus liquidity arising from time to time has been lent by the company
during the period on an interest free basis to its immediate parent company,
Investec Group Investments (UK) Limited. The loan is repayable on demand and
the company has the right, at any time and at its sole discretion, to charge
interest thereon at a commercial rate.
5. The tax charge is based on the effective tax rate for the full year.
6. No dividend is proposed in respect of the ordinary shares (2011:£Nil).
7. The above financial information is an abridged version of the Company's
un-audited condensed Financial Statements for the six months ended 30
September 2011 which have been submitted to the National Storage Mechanism and
will shortly be available for inspection at: www.hemscott.com/nsm/do
8. The un-audited condensed Financial Statements for the six months ended 30
September 2012 will be posted to holders of preference stocks of the company
and copies are available, upon request, at the Registered Office of the
2 Gresham Street London EC2V 7QP
Date: 29 November 2012
This information is provided by RNS
The company news service from the London Stock Exchange
IR PGGCUGUPPGQB -0- Nov/29/2012 16:05 GMT
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