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
$ 1,855,623 $ 1,895,602
Canadian 999 42
Foreign
Receivables
— 36
Capital units sold 447 1,162
Dividends and interest 5,845 5,956
Other assets (Note 8) 154 160
Total assets
Liabilities
Payables
1,863,068 1,902,958
Investment securities purchased 85 2,102
Capital units redeemed 359 2,025
Management fees 971 990
Accrued expenses 496 555
Total liabilities 1,911 5,672
Net assets $ 1,861,157 $ 1,897,286
Total net assets per series (000s)
Series A $416,222 $434,401
Series F 234,438 222,053
Series I 1,071 854
Series O 1,209,426 1,239,978
Number of units outstanding (Note 3)
Series A 5,568,276 6,493,278
Series F 2,705,621 2,900,232
Series I 13,269 11,896
Series O 11,948,525 14,029,456
Net assets per unit — CAD
Series A $74.74 $66.90
Series F 86.65 76.56
Series I 80.74 71.80
Series O 101.22 88.39
Cost of investments held (000s) $1,470,721 $1,633,205
Signed on behalf of Franklin Templeton Investments Corp.
(Signed) DON REED
Director
Bissett Canadian 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 $ 54,770 $ 53,768
Interest 613 1,913
Total investment income
Expenses
55,383 55,681
Management fees (Note 4(a)) 11,643 13,638
Transfer agent fees (Note 4(c)) 2,448 2,691
Custodian fees 116 137
Legal fees 2 5
Audit fees 28 31
Unitholder reporting costs 42 85
Independent review committee fees 1 1
Registration fees 32 31
Other expenses (Note 7) 998 961
Total expenses 15,310 17,580
Expenses waived/paid by Manager (Note 6) (2,362) (1,617)
Net expenses 12,948 15,963
Net investment income (loss) 42,435 39,718
Realized and unrealized gain (loss) on
investments and transaction costs
Net realized gain (loss) on investments
Net realized and/or unrealized foreign exchange
109,259 199,997
gain (loss)
Net change in unrealized appreciation
(1) 1
(depreciation) in value of investments 122,505 (345,917)
Transaction costs (Note 11) (821) (1,329)
Net gain (loss) on investments 230,942 (147,248)
Increase (decrease) in net assets from operations $ 273,377 $ (107,530)
Increase (decrease) in net assets from operations
per series (000s)
Series A $53,976 $(33,823)
Series F 32,113 (13,766)
Series I 132 (53)
Series O 187,156 (59,888)
Increase (decrease) in net assets from operations
per unit
Series A $9.12 $(5.25)
Series F 11.59 (4.92)
Series I 10.42 (5.69)
Series O 14.74 (4.44)
Franklin Templeton Investments Funds 127