5 Feb 2007 12:12
EUROPEAN UTILITIES TRUST PLC
The net asset value per Ordinary Income share of European Utilities Investment Trust plc as at close of business on 31 January 2007 was 274.90p.
The net asset value per Zero Coupon Preference shares was 297.97p.
Funds under management were ‚£38,059,022.
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 31 January 2007 by geographical area is as follows:
Czech Republic 5% France 14% Germany 15% Greece 3% Italy 9% Portugal 4% Spain 14% United Kingdom 28% Cash 8% 100% The analysis of the gross assets less current liabilities by sector is asfollows:Electricity 49% Water 19% Gas Distribution 6% Telecoms 7% Infrastructure 11% Cash 8% 100%5 February 2007
EUROPEAN UTILITIES TRUST PLC