COIF Charities Property Fund - CCLA
COIF Charities Property Fund - CCLA
COIF Charities Property Fund - CCLA
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Notes to the accounts<br />
16. Turnover of units<br />
The number and net asset value of units in the <strong>Fund</strong> issued, cancelled and transferred in the<br />
year to 30 June 2012 was as follows:<br />
Number<br />
of units<br />
Value £'000<br />
% of NAV<br />
at 31.6.2012<br />
Units issued 13,463,382 14,108 10.16<br />
Units cancelled 9,400,579 9,594 6.91<br />
At 30 June 2012 there were no redemption notices outstanding (31 December 2011, nil).<br />
17. Reconciliation of net cash inflow from operating activites<br />
30.6.2012<br />
£’000<br />
31.12.2011<br />
£'000<br />
Net revenue for the year 4,313 9,453<br />
Decrease in accrued revenue 340 95<br />
Increase in debtors (266) (136)<br />
Increase/(decrease) in creditors 285 (206)<br />
Net cash inflow from operating activities 4,672 9,206<br />
18. Reconciliation of net cash flow to movement in cash balances<br />
30.6.2012<br />
£’000<br />
31.12.2011<br />
£'000<br />
Net cash at beginning of the year 6,284 6,544<br />
Movement in cash during the year 1,731 (260)<br />
Net cash at the end of the year 8,015 6,284<br />
36
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