267694 EdinburghIT AR 2024 WEB - Flipbook - Page 60
58 / FINANCIAL REVIEW / THE EDINBURGH INVESTMENT TRUST PLC
INCOME STATEMENT
FOR THE YEAR ENDED 31 MARCH
Gains on investments held at fair
value
Notes
Revenue
£’000
2024
Capital
£’000
Total
£’000
Revenue
£’000
2023
Capital
£’000
Total
£’000
9(b)
–
99,095
99,095
–
6,023
6,023
Losses on foreign exchange
–
(3,483)
(4,976)
(1,492)
(3,482)
(4,974)
Other expenses
4
(1,179)
(14)
(1,193)
(1,092)
(7)
(1,099)
Finance costs
5
Return/(loss) on ordinary
activities before taxation
Tax on ordinary activities
(888)
38,535
6
Return/(loss) on ordinary
activities after taxation for the
financial year
(316)
(2,071)
93,486
–
(2,959)
132,021
(316)
46,414
(1,718)
44,696
(781)
–
(191)
(1,493)
134,980
48,998
(191)
3
95,557
42,095
–
Investment management fee
39,423
–
(41)
2
Net return before finance costs
and taxation
42,095
(41)
Income
48,998
2,343
48,757
(4,015)
(5,733)
(1,672)
–
43,024
(781)
38,219
93,486
131,705
43,915
(1,672)
42,243
23.93p
58.55p
82.48p
25.99p
(0.99)p
25.00p
Return/(loss) per ordinary
share:
Basic and diluted
7
The total column of this statement represents the Company’s profit and loss account, prepared in accordance with UK
Accounting Standards. The return after taxation is the total comprehensive income 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.
The accompanying notes are an integral part of these financial statements.
