Mithras Investment Trust logo

MTH - Mithras Investment Trust News Story

241p 0.0  0.0%

Last Trade - 11/09/18

Sector
Financials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £3.24m
Position in Universe th / 1816

Mithras Inv.Trst PLC - Annual Financial Report - Part 2

Wed 21st February, 2018 6:09pm
- Part 2: For the preceding part double click  ID:nRSU5817Fa 

                                                                           3,756                                                8,418                                                
 Movement in MCF carried interest provision                                         (1,771)-----------                                   (1,426)-----------                                   
                                                                                    1,985======                                          6,992======                                          
 
 
The total fair value movement estimated using a valuation methodology detailed
in note 2 on page 50 of the Annual Financial Report was a decrease of
£4,590,000 (2016: £4,232,000 increase). 
 
5. Investment Income 
 
                                         GroupYear ended31 December2017Total£'000----------  GroupYear ended31 December 2016Total£'000----------  
 Interest income on unquoted investment  451                                                 251                                                  
 Dividend income on unquoted investment  352-----------                                      49-----------                                        
                                         803========                                         300========                                          
 Segmental Analysis                                                                                                                               
 Continental Europe                      769                                                 179                                                  
 North America                           34=======                                           121=======                                           
 
 
6. Dividends 
 
The final dividend of 1.0 pence per Ordinary share, for the year ended 31
December 2016, was paid on 5 May 2017 on 14,228,143 shares. 
 
                                                                         Year ended31 December2017£'000----------  Year ended31 December2016£'000----------  
 Final dividend: 1.0 pence (2016: 1.0 pence) per Ordinary 2 pence share  142=======                                195=======                                
 
 
The Company proposes the following dividend for the year ended 31 December
2017 which is subject to approval by shareholders at the forthcoming AGM. This
proposed dividend, which is required to comply with Section 1158 of the CTA,
has not been included as a liability in these Financial Statements. 
 
                                                                                                                                         
                                                                                   Year ended31 December2017  Year ended31 December2016  
                                                                                   £'000----------            £'000----------            
 Proposed final dividend: 4.0 pence (2016: 1.0 pence) per Ordinary  2 pence share  243=======                 142========                
 
 
7. Earnings per Ordinary Share 
 
The calculation of the basic and diluted earnings per Ordinary share is based
on the following data: 
 
                                                                                                            Year ended31 December 2017    Year ended31 December 2016    
                                                                                                            Revenuereturn£'000----------  Capitalreturn£'000----------  Total£'000----------  Revenuereturn£'000----------  Capitalreturn£'000----------  Total£'000----------  
 Earnings for the purposes of basic and diluted earnings per share being net profit attributable to owners  392======                     1,985======                   2,377======           9======                       6,992======                   7,001======           
 Basic and diluted earnings per Ordinary share (pence)                                                      3.8======                     19.1======                    22.9======            0.1======                     43.9======                    44.0======            
 
 
The weighted average number of Ordinary shares for the purpose of calculating
the basic and diluted earnings per share was 10,388,446 (2016: 15,924,784). 
 
8. Net Assets per Ordinary Share 
 
The basic total net assets per Ordinary share is based on the net assets
attributable to owners shown in the Consolidated Balance Sheet at 31 December
2017 and on 6,068,659 (2016: 14,228,143) Ordinary shares, being the number of
Ordinary shares in issue at 31 December 2017. 
 
There is no dilution effect and therefore no difference between the diluted
total net assets per Ordinary share and the basic total net assets per
Ordinary share stated on page 45 of the Annual Financial Report. 
 
For further information, please contact: 
 
Susan Gledhill 
 
For and on behalf of 
 
BNP Paribas Secretarial Services Limited 
 
Tel: 020 7410 5971 
 
21 February 2018 
 
This information is provided by RNS
The company news service from the London Stock Exchange 
 
- Part 2: For the preceding part double click  ID:nRSU5817Fa 

£'000
                                          ----------    ----------
 Interest income on unquoted investment   451           251
 Dividend income on unquoted investment
                                          352           49
                                          -----------   -----------
                                          803           300
                                          ========      ========
 Segmental Analysis
 Continental Europe                       769           179
 North America                            34            121
                                          =======       =======
 
6. Dividends
The final dividend of 1.0 pence per Ordinary share, for the year ended 31
December 2016, was paid on 5 May 2017 on 14,228,143 shares.
 
                                                                         Year ended    Year ended
                                                                         31 December   31 December
                                                                         2017          2016
                                                                         £'000         £'000
                                                                         ----------    ----------
 Final dividend: 1.0 pence (2016: 1.0 pence) per Ordinary 2 pence share  142           195
                                                                         =======       =======
 
The Company proposes the following dividend for the year ended 31 December
2017 which is subject to approval by shareholders at the forthcoming AGM. This
proposed dividend, which is required to comply with Section 1158 of the CTA,
has not been included as a liability in these Financial Statements.
 
                                                                              Year ended    Year ended
                                                                              31 December   31 December
                                                                              2017          2016
                                                                              £'000         £'000
                                                                              ----------    ----------
 Proposed final dividend: 4.0 pence (2016: 1.0 pence) per Ordinary  2 pence   243           142
 share
                                                                            =======       ========
 
 
7. Earnings per Ordinary Share
The calculation of the basic and diluted earnings per Ordinary share is based
on the following data:
 
                                                                              Year ended                             Year ended
                                                                              31 December 2017                       31 December 2016
                                                                              Revenue      Capital      Total        Revenue      Capital      Total
                                                                              return       return       £'000        return       return       £'000
                                                                              £'000        £'000        ----------   £'000        £'000        ----------
                                                                              ----------   ----------                ----------   ----------
 Earnings for the purposes of basic and diluted earnings per share being net  392          1,985        2,377        9            6,992        7,001
 profit attributable to owners
                                                                            ======       ======       ======       ======       ======       ======
 Basic and diluted earnings per Ordinary share (pence)                        3.8          19.1         22.9         0.1          43.9         44.0
                                                                              ======       ======       ======       ======       ======       ======
 
The weighted average number of Ordinary shares for the purpose of calculating
the basic and diluted earnings per share was 10,388,446 (2016: 15,924,784).
 
8. Net Assets per Ordinary Share
The basic total net assets per Ordinary share is based on the net assets
attributable to owners shown in the Consolidated Balance Sheet at 31 December
2017 and on 6,068,659 (2016: 14,228,143) Ordinary shares, being the number of
Ordinary shares in issue at 31 December 2017.
 
There is no dilution effect and therefore no difference between the diluted
total net assets per Ordinary share and the basic total net assets per
Ordinary share stated on page 45 of the Annual Financial Report.
For further information, please contact:
 
Susan Gledhill
For and on behalf of
BNP Paribas Secretarial Services Limited
 
Tel: 020 7410 5971
 
21 February 2018
This information is provided by RNS
The company news service from the London Stock Exchange
 
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.