ABN AMRO Funds - Aia.com.hk
ABN AMRO Funds - Aia.com.hk
ABN AMRO Funds - Aia.com.hk
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Statement of operations and changes in Net Assets for the financial year 2007/2008<br />
Global<br />
Emerging<br />
Markets Bond<br />
Fund (Euro)<br />
High Yield<br />
Bond Fund<br />
(USD)<br />
Preferred<br />
Securities<br />
Fund<br />
Sustainable<br />
Global Credit<br />
Fund<br />
2001 Interest<br />
Growth Fund<br />
Euro<br />
<strong>ABN</strong> <strong>AMRO</strong><br />
<strong>Funds</strong><br />
Combined<br />
EUR USD USD EUR EUR USD<br />
In<strong>com</strong>e<br />
- Bank Interest 7,109,127 0 30,699 2,307 3,363 73,847,463<br />
- Interest on bonds, net of withholding taxes 51,887,288 23,098 385,732 8,413 457,243 915,279,390<br />
- Interest on swap contracts 0 0 0 190 0 38,254,092<br />
- Dividends, net of withholding taxes 0 0 64,586 0 0 293,152,961<br />
- Security lending in<strong>com</strong>e 3,414 0 11,105 0 0 22,535,266<br />
- Other In<strong>com</strong>e 1,702 0 0 329 0 3,159,965<br />
Total in<strong>com</strong>e 59,001,531 23,098 492,122 11,239 460,606 1,346,229,137<br />
Expenses<br />
- Interest 404,987 71 0 0 0 7,507,793<br />
- Interest paid on swap contracts 0 0 0 1,611 0 48,731,417<br />
- Management fee 8,590,279 4,329 96,587 6,170 56,667 379,475,981<br />
- Service fee 1,103,205 520 21,952 1,912 11,334 66,206,144<br />
- Subscription Tax 212,799 95 2,135 0 780 13,026,215<br />
- Distribution fee on class -D- shares 634,657 0 1,174 0 0 13,814,102<br />
- Performance fees 0 0 0 0 0 2,233,865<br />
- Other expenses* 360 0 0 0 0 966,404<br />
Total expenses 10,946,287 5,015 121,848 9,693 68,781 531,961,921<br />
Net profit(loss) 48,055,244 18,083 370,274 1,546 391,825 814,267,216<br />
- Realised results on investments (92,990,072) 57,108 (350,736) 57,043 (72,739) 1,045,830,235<br />
- Realised results on swap contracts 0 0 0 0 0 (32,769,005)<br />
- Realised results on options contracts 0 0 0 0 0 174,663<br />
- Realised results on futures contracts (2,670,191) 0 897,116 (20,396) (81) 29,845,965<br />
- Realised results on forward foreign exchange<br />
72,196,165 2,052 20,148,052 (359,181) 0 (235,773,245)<br />
contracts and foreign currencies<br />
- Capital gain tax 0 0 0 0 0 2,315,648<br />
- Net change in unrealised results on investments 13,324,793 (87,807) (3,237,275) 604,377 18,192 (1,311,326,769)<br />
- Net change in unrealised results on swap contracts 0 0 0 6,829 0 (4,623,757)<br />
- Net change in unrealised results on foreign currency 1,420,536 (2,660) (236,387) 18,420 0 (11,495,980)<br />
- Net change in unrealised results on options and<br />
0 0 (649,959) 13,265 0 (46,096,505)<br />
futures contracts<br />
- Net change in unrealised results on forward foreign (83,080,809) 13,071 (3,128,309) (343,590) 0 (91,976,365)<br />
exchange contracts<br />
Result from operations (43,744,334) (153) 13,812,776 (21,687) 337,197 158,372,101<br />
- Dividends Distributed (7,969,318) 0 0 0 0 (186,023,635)<br />
- Net proceeds from issued/redeemed shares (1,512,020,298) (4,256,805) (143,393,547) (18,667,262) (52,239,950) (10,750,358,734)<br />
- Increase (decrease) in net assets (1,563,733,950) (4,256,958) (129,580,771) (18,688,949) (51,902,753) (10,778,010,268)<br />
Total net assets as at April 30, 2007 1,563,733,950 4,256,958 129,580,771 18,688,949 51,902,753 33,414,216,001<br />
Exchange Difference 3,236,390,182<br />
Total net assets as at April 30, 2008 0 0 0 0 0 25,872,595,915<br />
* Other expenses are made up of claims payable and other sundry items.<br />
The ac<strong>com</strong>panying notes to the financial statements form an integral part of these financial statements.<br />
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