printmgr file - Templeton
printmgr file - Templeton
printmgr file - Templeton
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STATEMENTS OF NET ASSETS<br />
As at December 31, 2012 and 2011<br />
2012 2011<br />
(000s) (000s)<br />
Assets<br />
Investment in securities — at fair value<br />
Cash<br />
$ 176,825 $ 146,876<br />
Canadian<br />
Receivables<br />
5 —<br />
Capital units sold 101 29<br />
Dividends and interest 417 475<br />
Other assets (Note 8) 13 9<br />
Total assets<br />
Liabilities<br />
Payables<br />
177,361 147,389<br />
Investment securities purchased — 20<br />
Capital units redeemed 47 48<br />
Management fees 262 217<br />
Accrued expenses 80 73<br />
Total liabilities 389 358<br />
Net assets $ 176,972 $ 147,031<br />
Total net assets per series (000s)<br />
Series A $48,589 $39,542<br />
Series F 71,824 58,691<br />
Series O 56,559 48,798<br />
Number of units outstanding (Note 3)<br />
Series A 2,186,393 1,964,985<br />
Series F 2,771,734 2,535,783<br />
Series O 1,632,027 1,615,151<br />
Net assets per unit — CAD<br />
Series A $22.22 $20.13<br />
Series F 25.91 23.14<br />
Series O 34.66 30.21<br />
Cost of investments held (000s) $163,898 $146,790<br />
Signed on behalf of Franklin <strong>Templeton</strong> Investments Corp.<br />
(Signed) DON REED<br />
Director<br />
Bissett Microcap Fund<br />
(Signed) GHION SHEWANGZAW<br />
Director<br />
The accompanying notes are an integral part of these financial statements.<br />
STATEMENTS OF OPERATIONS<br />
For the periods ended December 31, 2012 and 2011<br />
2012 2011<br />
(000s) (000s)<br />
Investment income<br />
Dividends $ 3,993 $ 3,595<br />
Interest 104 99<br />
Total investment income<br />
Expenses<br />
4,097 3,694<br />
Management fees (Note 4(a)) 2,973 2,793<br />
Transfer agent fees (Note 4(c)) 301 250<br />
Custodian fees 13 13<br />
Legal fees 1 —<br />
Audit fees 20 19<br />
Unitholder reporting costs 14 12<br />
Independent review committee fees 1 1<br />
Registration fees 18 17<br />
Other expenses (Note 7) 118 98<br />
Total expenses 3,459 3,203<br />
Expenses waived/paid by Manager (Note 6) (82) (47)<br />
Net expenses 3,377 3,156<br />
Net investment income (loss) 720 538<br />
Realized and unrealized gain (loss) on investments<br />
and transaction costs<br />
Net realized gain (loss) on investments<br />
Net change in unrealized appreciation (depreciation)<br />
25,906 21,882<br />
in value of investments 12,841 (22,767)<br />
Transaction costs (Note 11) (205) (315)<br />
Net gain (loss) on investments 38,542 (1,200)<br />
Increase (decrease) in net assets from operations $ 39,262 $ (662)<br />
Increase (decrease) in net assets from operations<br />
per series (000s)<br />
Series A $10,088 $(2,050)<br />
Series F 15,517 (147)<br />
Series O 13,657 1,535<br />
Increase (decrease) in net assets from operations<br />
per unit<br />
Series A $4.91 $(1.13)<br />
Series F 6.25 (0.05)<br />
Series O 9.19 1.09<br />
Franklin <strong>Templeton</strong> Investments Funds 155
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