printmgr file - Templeton

STATEMENTS OF NET ASSETS
As at December 31, 2012 and 2011
2012 2011
(000s) (000s)
Assets
Investment in securities — at fair value
Cash
$ 174,257 $ 147,412
Canadian — 4
Foreign
Receivables
2,705 65
Investment securities sold 2,973 17
Capital units sold 10 259
Dividends and withholding tax 369 483
Other assets (Note 8) 5 20
Total assets
Liabilities
Payables
180,319 148,260
Investment securities purchased 3,544 597
Capital units redeemed — 263
Management fees 6 11
Accrued expenses 29 26
Total liabilities 3,579 897
Net assets $ 176,740 $ 147,363
Total net assets per series (000s)
Series A $2,858 $2,973
Series F 249 103
Series O 173,633 144,287
Number of units outstanding (Note 3)
Series A 333,465 358,127
Series F 27,490 11,793
Series O 17,573,063 15,490,002
Net assets per unit — CAD
Series A $8.57 $8.31
Series F 9.08 8.70
Series O 9.88 9.32
Net assets per unit — USD
Series A $8.63 $8.15
Series F 9.14 8.54
Series O 9.95 9.14
Cost of investments held (000s) $158,333 $155,418
Signed on behalf of Franklin Templeton Investments Corp.
(Signed) DON REED
Director
Franklin U.S. Core Equity Fund
(Signed) GHION SHEWANGZAW
Director
The accompanying notes are an integral part of these financial statements.
STATEMENTS OF OPERATIONS
For the periods ended December 31, 2012 and 2011
2012 2011
(000s) (000s)
Investment income
Dividends (net of foreign taxes withheld (000s) —
2012 — $746; 2011 — $634) $ 3,055 $ 3,590
Interest 3 3
Total investment income
Expenses
3,058 3,593
Management fees (Note 4(a)) 70 67
Transfer agent fees (Note 4(c)) 21 18
Custodian fees — —
Legal fees 3 1
Audit fees 20 19
Unitholder reporting costs 8 6
Independent review committee fees 1 1
Registration fees 16 16
Other expenses (Note 7) 14 11
Total expenses 153 139
Expenses waived/paid by Manager (Note 6) (66) (55)
Net expenses 87 84
Net investment income (loss) 2,971 3,509
Realized and unrealized gain (loss) on
investments and transaction costs
Net realized gain (loss) on investments
Net realized and/or unrealized foreign exchange
(16,442) 7,776
gain (loss)
Net change in unrealized appreciation
(737) (427)
(depreciation) in value of investments 23,930 (13,770)
Transaction costs (Note 11) (521) (304)
Net gain (loss) on investments 6,230 (6,725)
Increase (decrease) in net assets from operations $ 9,201 $ (3,216)
Increase (decrease) in net assets from operations
per series (000s)
Series A $90 $(95)
Series F 8 (4)
Series O 9,103 (3,117)
Increase (decrease) in net assets from operations
per unit
Series A $0.24 $(0.26)
Series F 0.33 (0.55)
Series O 0.37 (0.16)
Franklin Templeton Investments Funds 101