Semi-Annual Reports and Accounts - Fidelity Worldwide Investment

FIDELITYUNDISCOVERED TALENT FUNDSTATEMENT OF TOTAL RETURNfor the six month period ended 30 April 2014(unaudited)30/04/14£’000 £’000IncomeNet capital gains/(losses) 17Revenue 21Expenses (16)Net revenue/(expense) before taxation 5Taxation -Net revenue/(expense) after taxation 5Total return before distributions 22Finance costs: Equalisation 1Change in net assets attributable to shareholders frominvestment activities 23STATEMENT OF CHANGE IN NET ASSETS ATTRIBUTABLE TO SHAREHOLDERSfor the six month period ended 30 April 2014(unaudited)30/04/14£’000 £’000Opening net assets attributable to shareholders* 3,367Movement due to sales and repurchases of sharesAmounts receivable on issue of shares 1,087Amounts payable on cancellation of shares (254)833Change in net assets attributable to shareholders frominvestment activities (see above) 23Closing net assets attributable to shareholders 4,223* The fund was launched on 4 September 2013BALANCE SHEETas at 30 April 2014(unaudited)30/04/14 31/10/13£’000 £’000 £’000 £’000AssetsInvestment assets 4,170 3,313Derivative assets 5 10Debtors 7 2Cash and bank balances 117 58Total other assets 124 60Total assets 4,299 3,383LiabilitiesDerivative liabilities (12) (12)Creditors (64) (4)Total other liabilities (64) (4)Total liabilities (76) (16)Net assets attributable to shareholders 4,223 3,367The fund’s financial statements have been prepared on the same basis as the Company’s financial statements.90