Crown Place VCT PLC

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CROWN PLACE VCT PLCNOTES TO THE SUMMARISED SET OF FINANCIAL STATEMENTSfor the six months ended 31 December 2007 (unaudited)2. (Losses)/gains on investmentsSix months Sixteen months Ten monthsto 31 December to 30 June to 31 December2007 2007 2006£’000 £’000 £’000Net realised gains/(losses) 258 853 (1,234)Unrealised (losses)/gains (734)––––––––––––––2,079––––––––––––––2,392––––––––––––––(476)––––––––––––––2,932––––––––––––––1,158––––––––––––––3. Investment income and deposit interestSix months Sixteen months Ten monthsto 31 December to 30 June to 31 December2007 2007 2006£’000 £’000 £’000Loan stock interest income 653 1,839 1,172Dividend income 60 148 140Floating rate note income 63 199 185Other income – 48 32Bank deposit income 210––––––––––––––285––––––––––––––115––––––––––––––986––––––––––––––2,519––––––––––––––1,644––––––––––––––4. TaxationThe tax charge for the six months to 31 December 2007 is £91,158 (sixteen months to 30 June 2007:£21,009; ten months to 31 December 2006: £nil). The tax charge is calculated on return on ordinaryactivities excluding any (losses)/gains on investments. The tax charge is based on a tax rate of 30% lessmarginal relief. Additionally, the tax charges of the subsidiaries are reduced to £nil as a result of tradinglosses.21
CROWN PLACE VCT PLCNOTES TO THE SUMMARISED SET OF FINANCIAL STATEMENTSfor the six months ended 31 December 2007 (unaudited)5. Amounts recognised as distributions to equity shareholders in the periodSix months to Sixteen months to Ten months to31 December 2007 30 June 2007 31 December 2006Revenue Capital Total Revenue Capital Total Revenue Capital Total£’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000First dividend paid on28 December 2007 - 1.25p per share 604 340 944 – – – – – –First dividend paid on22 September 2006 - 1.25p per share – – – – 997 997 – 997 997Second dividend paid on19 January 2007 - 1.25p per share – – – 443 542 985 – – –Third dividend paid on15 June 2007 - 0.8p per share – – – – 619 619 – – ––––– –––– –––– –––– –––– –––– –––– –––– ––––604 340 944 443 2,158 2,601 – 997 997–––– –––– –––– –––– –––– –––– –––– –––– ––––The Board has declared a second dividend of 1.25 pence per share (of which 0.25 pence is to be paidfrom revenue and 1.0 pence out of realised capital gains), subject to approval from HM Revenue &Customs. The record date and payment date of this dividend will be announced on the London StockExchange RNS service.6. Basic and diluted return per shareReturn per share has been calculated on 76,215,222 (30 June 2007: 79,277,922; 31 December 2006:80,268,569) Ordinary Shares being the weighted average number of shares in issue for the six monthperiod (excluding treasury shares).There are no convertible instruments, derivatives or contingent share agreements in issue for theCompany hence there are no dilution effects to the return per share. The basic return per share istherefore the same as the diluted return per share.7. Consolidated fixed asset investments31 December 2007 30 June 2007£’000 £’000Investments held at ‘fair value through profit or loss’ 11,775 12,587Investments held at amortised cost 12,639–––––––––––––––13,650–––––––––––––––24,414–––––––––––––––26,237–––––––––––––––22
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Crown Place VCT PLC

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