Aberdeen Global - Hozam Plaza

Statement of Net AssetsAs at 30 September 2012£’000AssetsInvestments in securities at market value (note 2.2) 32,536Cash at bank 1,776Interest receivable 1,523Subscriptions receivable 248Receivable for investments sold 83Total assets 36,166LiabilitiesTaxes and expenses payable 62Redemptions payable 44Other liabilities 759Total liabilities 865Net assets at the end of the year 35,301Statement of Changes in Net AssetsFor the year from 1 October 2011 to 30 September 2012£’000Net assets at the beginning of the year 30,748Net gains from investments 2,735Net realised losses (1,622)Net unrealised gains 3,629Proceeds from shares issued 12,371Payments for shares redeemed (9,558)Net equalisation received (note 10) 97Dividends paid (note 5) (3,099)Net assets at the end of the year 35,301Statement of OperationsFor the year from 1 October 2011 to 30 September 2012£’000IncomeInvestment income 3,242Bank interest 3Other income 20Total income 3,265ExpensesManagement fees (note 4.6) 441Administration fees (note 4.1) 27Custodian fees (note 4.2) 8Domiciliary agent, registrar, paying and transfer agentfees (note 4.4) 13Management Company fees (note 4.5) 3Operational expenses (note 4.7) 21Annual tax (note 4.9) 17Total expenses 530Net gains from investments 2,735Realised losses on investments (1,615)Currency exchange losses (7)Net realised losses (1,622)Decrease in unrealised depreciation on investments 3,629Net unrealised gains 3,629Net increase in assets as a result of operations 4,742Share TransactionsFor the year from 1 October 2011 to 30 September 2012D-1Shares outstanding at the beginning of the year 33,299,500Shares issued during the year 12,866,578Shares redeemed during the year (10,106,394)Shares outstanding at the end of the year 36,059,684Net asset value per share 0.9790The accompanying notes form an integral part of these financial statements.www.aberdeen-asset.com171