3 May 2007 13:23
EUROPEAN UTILITIES TRUST PLC
The net asset value per Ordinary Income share of European Utilities Investment Trust plc as at close of business on 30 April 2007 was 298.59p.
The net asset value per Zero Coupon Preference shares was 303.10p.
Funds under management were ‚£40,457,491.
The portfolio has been valued using bid prices.
Movements in the fair value of the Company's derivative financial instrument are recognised in the net asset value. This comprises of an interest swap associated with the Company's borrowings.
The analysis of the gross assets less current liabilities at 30 April 2007 by geographical area is as follows:
Czech Republic 5% France 15% Germany 12% Greece 2% Italy 13% Portugal 4% Spain 12% United Kingdom 32% Cash 4% 100% The analysis of the gross assets less current liabilities by sector is asfollows:Electricity 50% Water 17% Gas Distribution 9% Telecoms 13% Infrastructure 7% Cash 4% 100%3 May 2007
EUROPEAN UTILITIES TRUST PLC