Semi-Annual Reports and Accounts - Fidelity Worldwide Investment

FIDELITYMULTI ASSET OPEN DEFENSIVE FUNDSTATEMENT OF TOTAL RETURNfor the six month period ended 30 April 2014(unaudited)30/04/14 30/04/13£’000 £’000 £’000 £’000IncomeNet capital gains/(losses) (38) 173Revenue 116 19Expenses (38) (16)Net revenue/(expense) before taxation 78 3Taxation - -Net revenue/(expense) after taxation 78 3Total return before distributions 40 176Finance costs: Equalisation (12) -Change in net assets attributable to shareholders frominvestment activities 28 176STATEMENT OF CHANGE IN NET ASSETS ATTRIBUTABLE TO SHAREHOLDERSfor the six month period ended 30 April 2014(unaudited)30/04/14 30/04/13£’000 £’000 £’000 £’000Opening net assets attributable to shareholders 7,057 -Movement due to sales and repurchases of sharesAmounts receivable on issue of shares 979 6,730Amounts payable on cancellation of shares (1,001) (1)(22) 6,729Stamp duty reserve tax (4) -Change in net assets attributable to shareholders frominvestment activities (see above) 28 176Closing net assets attributable to shareholders 7,059 6,905BALANCE SHEETas at 30 April 2014(unaudited)30/04/14 31/10/13£’000 £’000 £’000 £’000AssetsInvestment assets 6,751 6,632Derivative assets 8 9Debtors 35 53Cash and bank balances 295 454Total other assets 330 507Total assets 7,089 7,148LiabilitiesDerivative liabilities - (13)Creditors (30) (53)Bank overdrafts - (25)Total other liabilities (30) (78)Total liabilities (30) (91)Net assets attributable to shareholders 7,059 7,057The fund’s financial statements have been prepared on the same basis as the Company’s financial statements.62