The Edinburgh Investment Trust Plc Annual Financial Report 2022 - Flipbook - Page 56
54 / FINANCIAL REVIEW / THE EDINBURGH INVESTMENT TRUST PLC
Income Statement
For the year ended 31 March
Notes
Gains on investments held at fair value
9(b)
Losses on foreign exchange
Revenue
£’000
2022
Capital
£’000
Total
£’000
Revenue
£’000
2021
Capital
£’000
Total
£’000
–
101,815
101,815
–
247,596
247,596
–
(148)
(148)
–
(91)
(91)
Income
2
44,211
10,036
54,247
32,842
11,041
43,883
Investment management fee
3
(1,512)
(3,528)
(5,040)
(1,016)
(2,371)
(3,387)
Other expenses
4
(977)
(9)
(986)
(814)
(13)
(827)
Net return before finance costs
and taxation
Finance costs
41,722
5
Return on ordinary activities before
taxation
Tax on ordinary activities
(2,492)
39,230
6
Return on ordinary activities after
taxation for the financial year
(663)
108,166
(5,815)
102,351
–
149,888
(8,307)
141,581
(663)
31,012
(2,438)
28,574
(495)
256,162
(5,690)
250,472
–
287,174
(8,128)
279,046
(495)
38,567
102,351
140,918
28,079
250,472
278,551
22.41p
59.47p
81.88p
16.21p
144.58p
160.79p
Return per ordinary share:
Basic
7
The total column of this statement represents the Company’s income statement, prepared in accordance with UK Accounting Standards.
The return/(loss) after taxation is the total comprehensive income/(expense) and therefore no additional statement of comprehensive
income is presented. The supplementary revenue and capital columns are presented for information purposes in accordance with the
Statement of Recommended Practice issued by the Association of Investment Companies. All items in the above statement derive from
continuing operations of the Company. No operations were acquired or discontinued in the year.