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
$ 6,859 $ 5,094
Canadian
Receivables
5 7
Capital units sold — 2
Dividends, interest and withholding tax 33 28
Other assets (Note 8) 11 9
Total assets
Liabilities
Payables
6,908 5,140
Investment securities purchased — 20
Management fees 8 6
Accrued expenses 27 25
Distributions to unitholders — 52
Total liabilities 35 103
Net assets $ 6,873 $ 5,037
Total net assets per series (000s)
Series A $3,631 $3,257
Series F 55 28
Series I 6 6
Series O 2,468 1,701
Series T 713 45
Number of units outstanding (Note 3)
Series A 310,475 292,080
Series F 4,551 2,498
Series I 500 500
Series O 191,639 141,938
Series T 51,552 3,170
Net assets per unit — CAD
Series A $11.70 $11.16
Series F 12.23 11.53
Series I 12.03 11.39
Series O 12.88 11.98
Series T 13.84 14.01
Cost of investments held (000s) $6,357 $4,839
Signed on behalf of Franklin Templeton Investments Corp.
(Signed) DON REED
Director
Bissett Focus Balanced Fund
(Signed) GHION SHEWANGZAW
Director
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 — $6; 2011 — $5) $ 91 $ 62
Interest 90 81
Total investment income
Expenses
181 143
Management fees (Note 4(a)) 79 75
Transfer agent fees (Note 4(c)) 16 11
Custodian fees — —
Legal fees 1 —
Audit fees 19 18
Unitholder reporting costs 5 4
Independent review committee fees 1 1
Registration fees 19 19
Other expenses (Note 7) 23 23
Total expenses 163 151
Expenses waived/paid by Manager (Note 6) (75) (67)
Net expenses 88 84
Net investment income (loss) 93 59
Realized and unrealized gain (loss) on
investments and transaction costs
Net realized gain (loss) on investments
Net realized and/or unrealized foreign exchange gain
74 314
(loss)
Net change in unrealized appreciation (depreciation) in
(1) 4
value of investments 247 (257)
Transaction costs (Note 11) (2) (4)
Net gain (loss) on investments 318 57
Increase (decrease) in net assets from operations $ 411 $ 116
Increase (decrease) in net assets from operations
per series (000s)
Series A $200 $84
Series F 3 1
Series I —* —*
Series O 192 30
Series T 16 1
Increase (decrease) in net assets from operations
per unit
Series A $0.70 $0.30
Series F 0.92 0.50
Series I 0.79 0.27
Series O 1.12 0.28
Series T 0.93 0.22
* Amount rounded to zero in the nearest thousand.
The accompanying notes are an integral part of these financial statements.
152 Franklin Templeton Investments Funds