Merrill Lynch International Investment Funds Audited Annual Report ...

Statement of Operations and Changes in Net Assets for the year ended
31 December 2006 continued
Japan Japan Latin New
Fund Name Notes Japan (1) Opportunities (1) Value (1) American Energy
¥ ¥ ¥ US$ US$
Income
Bank interest
Bond interest
Interest on cash equivalent
Dividends
Stock lending
Total income
Expenses
Bank interest
Custodian and Depositary fees
Distribution fees
Fund accounting fees
Luxembourg tax
Management fees
Transfer agent fees
Other charges
Less Annual Management fee waiver
Total expenses
Net investment income/(deficit)
Net profits/(losses) realised on:
Investments
Contract for difference
Futures contracts
Options contracts
Swaps transactions
Forward foreign exchange contracts
Foreign currencies on other transactions
Net profit/(loss) for the year
Net change in unrealised appreciation/(depreciation) on:
Investments
Contract for difference
Futures contracts
Options contracts
Swaps transactions
Forward foreign exchange contracts
Foreign currencies on other transactions
Net receipts as a result of issue of shares
Net payments as a result of repurchase of shares
Dividends paid
Change in total net assets for the year
Net assets at the beginning of the year
5,388,439 259,201,143 23,720 1,507,218 9,243,585
– – – – –
– – – – –
335,301,137 1,865,416,364 1,125,389,712 70,917,787 11,630,007
18,597,975 35,165,815 34,227,733 2,548 2,346,785
2(b) 359,287,551 2,159,783,322 1,159,641,165 72,427,553 23,220,377
594,634 745,894 3,707,024 556,233 138,355
5 8,873,262 40,026,728 15,696,051 1,102,447 421,877
4 48,442,239 225,626,457 197,961,616 1,656,387 2,076,006
6 4,298,818 24,452,628 12,720,553 418,499 323,081
8 16,605,744 91,262,432 51,292,555 1,597,623 1,284,995
4 474,878,992 3,099,563,058 1,383,409,675 53,743,260 41,342,983
7 23,082,999 67,779,882 20,281,061 884,286 706,626
9 15,648,799 87,410,590 43,341,412 1,454,857 1,084,177
4 – – – – –
592,425,487 3,636,867,669 1,728,409,947 61,413,592 47,378,100
(233,137,936) (1,477,084,347) (568,768,782) 11,013,961 (24,157,723)
6,533,647,211 21,651,088,935 5,569,499,442 293,103,804 (10,332,971)
– – – – –
– – – – –
– – – – –
– – – – –
510,917 309,863 138,242,906 (42,188) (863,747)
(3,978,771) (29,404,660) (24,603,841) (3,402,428) (294,214)
6,297,041,421 20,144,909,791 5,114,369,725 300,673,149 (35,648,655)
(5,427,647,713) (53,903,538,294) 318,231,593 726,007,879 262,070,384
– – – – –
– – – – –
– – – – –
– – – – –
445,208 169,655 73,329,629 – –
(3,872,007,836) (23,210,430,765) (4,680,605,283) (13,547) 25,509
38,932,205,844 150,662,772,600 115,440,660,435 4,176,733,140 3,872,846,394
(47,126,425,318) (204,779,149,728) (45,686,092,969) (3,424,849,105) (1,634,111,822)
15 2 – (1,395,507) (81,449) –
(11,196,388,392) (111,085,266,741) 70,578,497,623 1,778,470,067 2,465,181,810
40,025,132,233 239,812,407,237 48,621,980,330 2,034,704,104 553,484,493
Net assets at end of the year
28,828,743,841 128,727,140,496 119,200,477,953 3,813,174,171 3,018,666,303
(1) Base currency changed, see Note 1, for further details.
38 Merrill Lynch International Investment Funds