ABN AMRO Funds - Aia.com.hk

Statement of Net Assets as at April 30, 2008
ARBF V150 ARBF V300 Asia Bond
Fund
EMU
Government
Bond -
Passive Fund
Euro Bond
Fund
Euro Credit
Bond Fund
Euro
Government
Bond Fund
EUR EUR USD EUR EUR EUR EUR
Assets
- Investments at fair value 71,853,491 869,028,337 95,601,226 90,876,119 221,585,175 496,817,122 180,104,631
- Unrealised gain on written options 0 0 0 0 0 0 0
- Unrealised gain on forward foreign exchange
47,344 11,661,409 6,827 0 0 0 0
contracts
- Unrealised gain on swap contracts 0 0 0 0 7,063 46,641 0
- Unrealised gain on futures contracts 0 0 0 0 0 0 0
- Upfront fee paid on swap contracts 0 0 0 0 15,477 102,197 0
- Interest receivable on swap contracts 11,814 813,074 0 0 11,869 78,375 0
- Accrued interest 624,586 11,983,216 1,495,661 1,734,676 4,706,404 10,676,640 3,802,185
- Receivable for investment securities sold 0 25,247,912 0 0 906,953 0 1,116,162
- Dividends receivable 0 5,881 0 0 0 0 0
- Receivable for shares subscribed 0 1,724,554 969,229 0 754,763 2,711,930 1,971,351
- Premium paid on options purchased 0 47,718 0 0 0 0 0
- Other receivables 0 0 0 0 0 0 0
- Cash at banks 21,180,732 130,010,553 1,430,101 1,016,460 2,064,600 8,027,049 1,045,039
Total Assets 93,717,967 1,050,522,654 99,503,044 93,627,255 230,052,304 518,459,954 188,039,368
Liabilities
- Bank overdraft 0 875,294 0 0 0 0 0
- Premium received on written options 0 0 0 0 0 0 0
- Payable for investment securities purchased 1,481,452 47,202,152 0 0 45,254,351 102,199,579 36,645,869
- Payable for shares redeemed 108,616 16,084,910 1,116,618 0 1,512,245 1,881,390 3,058,354
- Accrued expenses and others payables 35,821 931,804 116,555 10,676 166,034 343,714 138,390
- Unrealised loss on options contracts 0 43,784 0 0 0 0 0
- Unrealised loss on futures contracts 83,730 3,415,813 39,687 0 139,149 683,124 43,929
- Unrealised loss on forward foreign exchange
0 0 0 0 0 0 0
contracts
- Unrealised loss on swap contracts 23,486 3,271,642 0 0 0 0 0
- Upfront fee received on swap contracts 0 3,159,376 0 0 0 0 0
- Interest payable on swap contracts 14,132 1,178,607 0 0 25,631 169,247 0
Total Liabilities 1,747,237 76,163,382 1,272,860 10,676 47,097,410 105,277,054 39,886,542
TOTAL NET ASSETS 91,970,730 974,359,272 98,230,184 93,616,579 182,954,894 413,182,900 148,152,826
Statement of operations and changes in Net Assets for the financial year 2007/2008
ARBF V150 ARBF V300 Asia Bond
Fund
EMU
Government
Bond -
Passive Fund
Euro Bond
Fund
Euro Credit
Bond Fund
Euro
Government
Bond Fund
EUR EUR USD EUR EUR EUR EUR
Income
- Bank Interest 211,419 9,830,479 312,990 4,523 93,300 97,954 52,469
- Interest on bonds, net of withholding taxes 1,549,352 139,722,419 7,916,384 1,417,969 10,344,759 13,284,012 7,005,853
- Interest on swap contracts 123,557 22,900,291 0 0 19,394 128,008 0
- Dividends, net of withholding taxes 0 0 0 0 0 0 0
- Security lending income 0 7,016 0 0 0 0 0
- Other Income 33 9,427 18,960 5 0 218 0
Total income 1,884,361 172,469,632 8,248,334 1,422,497 10,457,453 13,510,192 7,058,322
Expenses
- Interest 1,892 417,518 135 12 40,351 32,818 41,256
- Interest paid on swap contracts 112,840 27,997,064 0 0 42,931 283,363 0
- Management fee 157,499 19,776,486 1,677,733 17,316 2,151,478 2,440,561 1,459,611
- Service fee 60,193 3,433,079 201,335 31,169 363,661 434,088 243,282
- Subscription Tax 8,421 738,117 63,439 4,510 107,736 132,121 76,858
- Distribution fee on class -D- shares 619 962,757 0 0 0 0 0
- Performance fees 0 0 0 0 0 0 0
- Other expenses* 3,691 277,873 212 0 15,364 457 18,825
Total expenses 345,155 53,602,894 1,942,854 53,007 2,721,521 3,323,408 1,839,832
Net profit(loss) 1,539,206 118,866,738 6,305,480 1,369,490 7,735,932 10,186,784 5,218,490
- Realised results on investments 209,680 (212,219,533) (887,066) 328,213 (12,730,972) (2,227,501) (7,447,846)
- Realised results on swap contracts (244,799) (20,621,413) 0 0 91,465 603,711 0
- Realised results on options contracts 17,598 55,279 0 0 0 0 0
- Realised results on futures contracts 174,006 18,638,432 238,677 0 129,086 207,549 46,218
- Realised results on forward foreign exchange
(124,659) (15,517,691) 1,181,343 0 (2,402) (23,216) 0
contracts and foreign currencies
- Capital gain tax 0 0 (62,650) 0 0 0 0
- Net change in unrealised results on investments (79,886) 24,370,831 (5,197,242) (178,681) 7,067,913 (9,675,829) 4,913,779
- Net change in unrealised results on swap contracts (23,486) (3,307,056) 0 0 7,063 46,641 0
- Net change in unrealised results on foreign currency 2,708 (10,735,655) (10,465) 0 4,864 2,386 (3,332)
- Net change in unrealised results on options and
(83,730) (4,651,292) (39,688) 0 (75,852) (721,776) 84,533
futures contracts
- Net change in unrealised results on forward foreign
47,344 (11,935,548) 6,827 0 0 0 0
exchange contracts
Result from operations 1,433,982 (117,056,908) 1,535,216 1,519,022 2,227,097 (1,601,251) 2,811,842
- Dividends Distributed 0 (3,576,627) (1,090,710) 0 (1,153,102) (2,930,747) (4,812,538)
- Net proceeds from issued/redeemed shares 90,536,748 (2,045,348,024) (87,892,707) 92,097,557 (147,575,526) 269,778,472 (49,157,639)
- Increase (decrease) in net assets 91,970,730 (2,165,981,559) (87,448,201) 93,616,579 (146,501,531) 265,246,474 (51,158,335)
Total Exchange net assets Difference as at April 30, 2007 0 3,140,340,831 185,678,385 0 329,456,425 147,936,426 199,311,161
Total net assets as at April 30, 2008 91,970,730 974,359,272 98,230,184 93,616,579 182,954,894 413,182,900 148,152,826
* Other expenses are made up of claims payable and other sundry items.
The accompanying notes to the financial statements form an integral part of these financial statements.
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