15 Jan 2008 14:32
EUROPEAN UTILITIES TRUST PLC
The net asset value per Ordinary Income share of European Utilities Trust plc as at the close of business on 11 January 2008 was 350.30p.
The net asset value per Zero Coupon Preference share of European Utilities Trust plc was 318.36p.
Funds under management were ‚£46,040,968.
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 rate swap associated with the Company's borrowings.
The analysis of the gross assets less current liabilities at 11 January 2008 by geographical area is as follows:
Croatia 0% Czech Republic 4% France 11% Germany 15% Greece 0% Italy 9% Portugal 4% Spain 8% United Kingdom 32% Cash 17% 100%
EUROPEAN UTILITIES TRUST PLC