The Edinburgh Investment Trust Plc Annual Financial Report 2022 - Flipbook - Page 4
2 / OVERVIEW / THE EDINBURGH INVESTMENT TRUST PLC
Financial Information and
Performance Statistics
Year Ended
31 March 2022
Year Ended
31 March 2021
Net asset value(1) (NAV) - debt at market value
+14.1%
+34.8%
Share price(2)
+10.6%
+46.4%
+13.0%
+26.7%
At 31 March
2022
At 31 March
2021
Change
%
Net asset value - debt at market value
686.69p
628.29p
+9.3
Share price(2)
634.00p
600.00p
+5.7
4,187.78
3,831.05
+9.3
(7.7)%
(4.5)%
10.3%
10.1%
4.4%
7.1%
Year Ended
31 March 2022
Year Ended
31 March 2021
Change
%
+38.2
Total Return(1)(4) (all with dividends reinvested)
FTSE All-Share Index
(2)
The Company’s benchmark is the FTSE All-Share Index.
Capital Return(1)
FTSE All-Share Index
(2)
Discount(1)(4) – debt at market value
Gearing (debt at market value)(1)(4)
– gross gearing
– net gearing
Revenue and Dividends(4)
Revenue return per ordinary share
Dividends
22.41p
16.21p
– first interim
6.00p
6.00p
– second interim
6.00p
6.00p
– third interim
6.40p
6.00p
– proposed final
– total dividends excluding special dividend
– special dividend
6.40p
6.00p
24.80p
24.00p
nil
4.65p
24.80p
28.65p
Retail Price Index(2)(3) – annual change
9.0%
1.5%
Consumer Price Index – annual change
7.0%
0.7%
Dividend Yield(1)(4)
3.9%
4.0%
0.52%
0.43%
– total dividends including special dividend
(2)
Ongoing Charges Ratio(1)(4)(5)
+3.3
-13.4
Notes:
(1)
These terms are defined in the Glossary of Terms and Alternative Performance Measures, including reconciliations, on pages 83
to 85. NAV with debt at market value is widely used by the investment company sector for the reporting of performance, premium or
discount, gearing and ongoing charges. The prior year Dividend Yield was exclusive of a special dividend of 4.65p per share. Including
the special dividend, the dividend yield was 4.8%.
(2)
Source: Refinitiv.
(3)
This measure of inflation will not be shown in future reports. The Consumer Price Index will then become the sole measure of inflation
in future reports.
(4)
Key Performance Indicator.
(5)
Majedie Asset Management Limited waived its investment management fee for the first three months of its appointment from 4
March 2020. The Ongoing Charges Ratio disclosed above for the prior year show the actual charges incurred during the period. The
pro-forma charges had the investment management fees not been waived over that period would have been 0.51%.