Crown Place VCT PLC

CROWN PLACE VCT PLCSUMMARY CONSOLIDATED INCOME STATEMENTUnaudited Audited UnauditedSix months Sixteen months Ten monthsto to to31 December 2007 30 June 2007 31 December 2006Revenue Capital Total Revenue Capital Total Revenue Capital TotalNotes £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000Investmentincome anddeposit interest 3 986 – 986 2,519 – 2,519 1,644 – 1,644Investmentmanagement fees (87) (260) (347) (291) (872) (1,163) (150) (450) (600)Other expenses (160) – (160) (509) 23 (486) (355) 23 (332)Non-recurringoperating expenses – – – (4) – (4) (4) – (4)—— —— —— —— —— —— —— —— ——Operating profit/(loss) 739 (260) 479 1,715 (849) 866 1,135 (427) 708(Losses)/gainson investments 2 – (476) (476) – 2,932 2,932 – 1,158 1,158—— —— —— —— —— —— —— —— ——Profit/(loss)before taxation 739 (736) 3 1,715 2,083 3,798 1,135 731 1,866Taxation 4 (176) 85 (91) (294) 273 (21) (135) 135 –—— —— —— —— —— —— —— —— ——Profit/(loss) for theperiod 563 (651) (88) 1,421 2,356 3,777 1,000 866 1,866—— —— —— —— —— —— —— —— ——Basic and dilutedreturn perOrdinary share (pence)(excluding treasuryshares) 6 (0.12) 4.76 2.32—— —— —— —— —— —— —— —— ——The accompanying notes are an integral part of this Half-yearly Financial Report.The total column of this statement represents the Group’s income statement, prepared in accordance withInternational Financial Reporting Standards (‘IFRS’). The supplementary revenue and capital reservecolumns are prepared under guidance published by the Association of Investment Trust Companies.The consolidated income statements include the results of the subsidiaries CP1 VCT PLC and CP2 VCT PLC.Comparative figures have been extracted from the interim accounts for the ten month period ended31 December 2006 and the statutory accounts for the sixteen month period ended 30 June 2007.11