Semi-Annual Reports and Accounts - Fidelity Worldwide Investment

FIDELITYTARGET 2015 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) (28) 1,135Revenue 130 149Expenses (95) (113)Finance costs: Interest/other (1) (1)Net revenue/(expense) before taxation 34 35Taxation (4) -Net revenue/(expense) after taxation 30 35Total return before distributions 2 1,170Finance costs: Equalisation (2) (47)Change in net assets attributable to shareholders frominvestment activities -1,123STATEMENT 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 18,636 20,085Movement due to sales and repurchases of sharesAmounts receivable on issue of shares 421 11,438Amounts payable on cancellation of shares (1,780) (13,064)(1,359) (1,626)Stamp duty reserve tax (1) (2)Change in net assets attributable to shareholders frominvestment activities (see above) - 1,123Closing net assets attributable to shareholders 17,27619,580BALANCE SHEETas at 30 April 2014(unaudited)30/04/14 31/10/13£’000 £’000 £’000 £’000AssetsInvestment assets 17,089 18,267Derivative assets 7 -Debtors 48 478Cash and bank balances 244 1,754Total other assets 292 2,232Total assets 17,388 20,499LiabilitiesDerivative liabilities - (8)Creditors (112) (482)Bank overdrafts - (1,373)Total other liabilities (112) (1,855)Total liabilities (112) (1,863)Net assets attributable to shareholders 17,27618,636The fund’s financial statements have been prepared on the same basis as the Company’s financial statements.78