Investec Inv Tst PLC 47HA Half Yearly Report

  Investec Inv Tst PLC (47HA) - Half Yearly Report

RNS Number : 3619S
Investec Investment Trust PLC
29 November 2012




INVESTEC INVESTMENT TRUST PLC - THE COMPANY



(INCORPORATED INENGLANDANDWALES)



(REGISTRATION NUMBER: 328206)



INTERIM ANNOUNCEMENT



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)
activities
Loss on ordinary                        (31)               (31)          (266)
activities after taxation
Retained loss for the                   (31)               (31)          (266)
financial period



Net assets 26,052  26,115  26,083





Notes



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 
company.





Registered Office

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

END


IR PGGCUGUPPGQB -0- Nov/29/2012 16:05 GMT
 
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