8 Oct 2007 14:40
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 September 2007 was 307.46p.
The net asset value per Zero Coupon Preference share was 312.13p.
Funds under management were ‚£41,618,908.
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 30 September 2007 by geographical area is as follows:
Czech Republic 6% France 10% Germany 14% Greece 2% Italy 10% Portugal 4% Spain 10% United Kingdom 36% Cash 8% 100% The analysis of the gross assets less current liabilities by sector is asfollows:Electricity 50% Water 10% Gas Distribution 12% Telecoms 14% Infrastructure 6% Cash 8% 100%8 October 2007
EUROPEAN UTILITIES TRUST PLC