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2 <strong>Foresight</strong> 2 VCT plc 10 Unaudited Non-Statutory Analysis between the Ordinary Shares and C Shares Funds Balance Sheets as at 31 March 2008 Ordinary Shares Fund C Shares Fund £’000 £’000 £’000 £’000 Non-current assets Assets held at fair value through profit or loss — investments 12,463 5,418 Current assets Debtors 1,156 4,344 Money market and other deposits 6,094 9,573 Cash 1,420 1 8,670 13,918 Creditors Amounts falling due within one year (387) (233) Net current assets 8,283 13,685 Net assets 20,746 19,103 Capital and reserves Called-up share capital 210 186 Share premium account 1,697 17,311 Capital reserve — realised 2,778 (254) Capital reserve — unrealised (1,088) 1,459 Capital redemption reserve 3 — Distributable reserve 17,146 401 Equity shareholders’ funds 20,746 19,103 Number of shares in issue 20,951,094 18,610,589 Net asset value per share 99.0p 102.6p
Unaudited Income Statement (incorporating the Revenue Account) for the period to 31 March 2008 Half-Yearly Financial Report for the six months ended 31 March 2008 11 6 Months to 6 Months to Year to 31 March 2008 31 March 2007 30 September 2007 (unaudited) (unaudited) (audited) Revenue Capital Total Revenue Capital Total Revenue Capital Total £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000 Unrealised (losses)/gains on investments — (2,539) (2,539) — 1,449 1,449 — 2,407 2,407 Realised gains on investments — 3,766 3,766 — — — — — — Income 756 — 756 209 — 209 641 — 641 Investment management fees (100) (298) (398) (60) (181) (241) (161) (484) (645) Other expenses (160) — (160) (126) — (126) (282) — (282) Net income before taxation 496 929 1,425 23 1,268 1,291 198 1,923 2,121 Tax on ordinary activities (39) 39 — — — — 38 (38) — Return attributable to equity shareholders 457 968 1,425 23 1,268 1,291 236 1,885 2,121 Return per Ordinary Share 0.8p (1.9)p (1.1)p 0.1p 6.6p 6.7p 0.6p 10.5p 11.1p Return per C Share 2.1p 9.2p 11.3p (0.1)p (0.7)p (0.8)p 2.2p (3.0)p (0.8)p The total column of this statement is the profit and loss account of the Company and the revenue and capital columns represent supplementary information. The Company has no recognised gains and losses other than those shown above and therefore no separate statement of total recognised gains and losses has been presented. All revenue and capital items in the above statement derive from continuing operations. No operations were acquired or discontinued in the period. The Company has only one class of business and derives its income from investments made in shares, securities and bank deposits. Income from investments is recognised on an accruals basis.
Page 1 and 2: Foresight 2 VCT plc Unaudited Half-
Page 3 and 4: Chairman’s Statement I Introducti
Page 5 and 6: Investment Summary Half-Yearly Fina
Page 7 and 8: Half-Yearly Financial Report for th
Page 9 and 10: Investment Summary — C Share Port
Page 11: Income Statements for the six month
Page 15 and 16: Unaudited Statement of Cash Flows f
Page 17 and 18: Notes to the Half-Yearly Results Ha
Page 19 and 20: Half-Yearly Financial Report for th

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