COIF Charity Funds - CCLA

COIF Charities Investment FundStatement of Total Returnfor the six months ended 30 June 2006 (unaudited)30.6.2006 30.6.2005Notes £’000 £’000 £’000 £’000Net gains on investmentsduring the period 2 24,841 44,239Other (losses)/gains 3 (363) 554Gross income 4 19,795 19,634Expenses 5 (1,598) (1,350)Net income before taxation 18,197 18,284Taxation 6 (308) 1,858Net income after taxationfor the period 17,889 20,142Total return for the period 42,367 64,935Finance costs: Distributions 7 (16,176) (16,137)Change in net assets attributable tounitholders 26,191 48,798Statement of Change in Unitholders’ Net Assetsfor the six months ended 30 June 2006 (unaudited)30.6.2006 30.6.2005Notes £’000 £’000 £’000 £’000Net assets at start of the period 1,025,082 906,740Movement due to creationsand cancellations of unitsAmounts receivable on creation of units 10,771 13,299Less: Amounts payable oncancellation of units (26,585) (21,699)(15,814) (8,400)Change in net assets attributable tounitholders (see above) 26,191 48,798Voluntary repayment ofprofessional charges 18 11 78Retained distribution onaccumulation units 2,446 2,496Net assets at end of the period 1,037,916 949,712The notes on pages 23 to 30 form part of these accounts.13