Sparinvest SICAV Semi Annual Report 2010 R.C.S. Luxembourg B ...

Sparinvest SICAV
SPARINVEST - INSTITUTIONAL CORPORATE VALUE BONDS
Statement of Net Assets as at June 30, 2010
Note
ASSETS
Investment portfolio at market value 32,107,037.82
Cash at bank 1,936,243.26
Interest and dividends receivable, net 584,639.41
TOTAL ASSETS 34,627,920.49
LIABILITIES
Amounts payable on purchase of investments 250,868.98
(7) Net unrealised loss on forward foreign exchange contracts
677,121.17
(4) Management and advisory fees payable
19,625.88
Taxes and expenses payable 8,766.82
Other liabilities 1,693.01
TOTAL LIABILITIES 958,075.86
TOTAL NET ASSETS 33,669,844.63
Net asset value per share
Class EUR I
Number of shares outstanding
Class EUR I
EUR
The accompanying notes form an integral part of these financial statements.
EUR
116.25
289,644.00
Page
79