STOCKHOLM, Sweden, Oct. 2, 2002 (PRIMEZONE) -- At a board meeting held today, the directors of Edinburgh Income and Value Trust plc resolved that a first interim dividend of 2.4p per ordinary share be declared in respect of the year to May 31, 2003, payable on October 31, 2002 to shareholders on the register on October 11, 2002. The ex-dividend date is October 9, 2002.
The unaudited results for the period to August 31, 2002 are as
follows:
(NOTE: All figures shown in pounds)
STATEMENT OF TOTAL RETURN
For the period For the period
June 1, 2002 June 1, 2001
to August 31, 2002 to August 31, 2001
Revenue Capital Total Revenue Capital Total
000 000 000 000 000 000
Total losses
on investments (8,536) (8,536) - 592 592
Investment income 798 - 798 859 - 859
Interest receivable 24 - 24 21 - 21
Other income - - - - - -
Investment
management fee (64) (64) (128) (68) (68) (136)
Other administrative
expenses (60) - (60) (46) - (46)
NET RETURN BEFORE
FINANCE COSTS AND
TAXATION 698 (8,600) (7,902) 766 524 1,290
Interest payable (83) (83) (166) (83) (83) (166)
RETURN ON ORDINARY
ACTIVITIES BEFORE
TAXATION 615 (8,683) (8,068) 683 441 1,124
Taxation - - - - - -
NET RETURN ON ORDINARY
ACTIVITIES AFTER
TAXATION 615 (8,683) (8,068) 683 441 1,124
Non-equity minority
interests - (401) (401) - (369) (369)
RETURN ATTRIBUTABLE TO
EQUITY SHAREHOLDERS 615 (9,084) (8,469) 683 72 755
Dividends in respect
of equity shares (569) - (569) (569) - (569)
46 (9,084) (9,038) 114 72 186
RETURN PER ORDINARY
SHARE 2.59p (38.34p) (35.75p) 2.88p 1.86p 4.74p
All revenue and capital items in the above statement derive from continuing operations
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