WORLDWIDE FINANCIALS NEWS
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24TH SEPTEMBER '09
Final Results
REGULATORY ANNOUNCEMENT
Blue Planet Worldwide Financials Investment Trust plc
Preliminary Announcement
for year ended 31 July 2009
For a full text of the announcement click here:
2009 Blue Planet Worldwide Preliminary Announcement
The unedited full text of those parts of the Report and Accounts for the year
ended 31 July 2009 which require to be published by DTR 4.1 is set out below.
Financial Record and Key Performance Indicators
As at 31 July 2009 2008 2007 2006 2005
Total assets less other current 15,504 25,425 50,850 40,382 23,759
liabilities (£'000)
Loans (£'000) (4,366) (7,036) (19,884) (13,897) (7,000)
Shareholders' funds (£'000) 11,138 18,389 30,966 26,485 16,759
Net asset value per share (p) 79.13 129.52 216.76 185.79 117.56
Share price (p) - (Bid) 59.00 107.00 180.00 162.00 86.00
Discount (%) 25.4 17.4 17.0 12.8 26.8
Gearing (%)* 4.9 26.3 63.8 40.7 41.4
Year to 31 July 2009 2008 2007 2006 2005
Revenue available for 287 600 (427) 385 202
shareholders (£'000)****
Revenue return per share (p) 2.03 4.20 (3.00) 2.70 1.42
Total return per share (p) (47.53) (87.45) 32.89 69.33 41.56
Total dividends per share (net) 1.20 3.22 - 2.10 1.40
(p)
Dividend yield on our shares 2.03 3.00 - 1.30 1.63
(%)
Dividend yield on Benchmark 2.93 4.00 2.65 2.51 2.49
Index (%)
Expenses ratio - net basis (%) 5.01 1.69 3.69 3.79 3.82
**
Expenses ratio - gross basis 3.35 1.08 2.19 2.21 2.52
(%) ***
The Board believes the above KPI's are of most interest to shareholders in
monitoring the performance of the Company
* Net debt as a percentage of shareholders' funds
** Net basis - Administrative expenses as a percentage of the average net asset
value of the Company
*** Gross basis - Administrative expenses as a percentage of the average gross
asset value of the Company
**** 2008 Includes VAT recovered of £202,500
Portfolio Information
As at 31 July 2009 Valuation 2009
(£) % of
Portfolio
Equities
61,696 BP Global Financials-A Class Eire £2,396,647 15.2%
6,099,000 URSA Bank Russia £1,478,507 9.4%
81,285 Bank Vozrozhdenie Russia £1,060,203 6.7%
80,003 Hartford Financial Services United £788,398 5.0%
States
224,927 Union Bank Of India India £654,872 4.1%
75,770 LIC Housing Finance India £580,746 3.7%
359,327 Allied Irish Banks Plc Eire £542,558 3.4%
345,160 South Indian Bank (P-Notes) India £514,735 3.3%
42,200 Axis Bank Limited India £481,767 3.1%
1,019,350 Bank Rakyat Indonesia Indonesia £445,543 2.8%
141,820 Federal Bank Ltd India £424,117 2.7%
42,320 Banco Santander SA Spain £366,794 2.3%
368,000 Bank of Communications Co Ltd Hong Kong £271,020 1.7%
516,500 China Construction Bank Corp Hong Kong £248,805 1.6%
28,628 Punjab National Bank Ltd India £246,166 1.6%
582,500 China CITIC Bank Hong Kong £242,376 1.5%
779,500 Bank of China Ltd Hong Kong £231,676 1.5%
705,050 Bank Mandiri Indonesia £177,462 1.1%
615,100 Bank Central Asia Indonesia £139,061 0.9%
5,635,213 Raiffeisen Bank Aval Ukraine £132,693 0.8%
89,760 Yapi Ve Kredi Bankasi Turkey £111,759 0.7%
34,300 Turkyie Halk Bankasi Turkey £108,859 0.7%
51,450 Turkiye Garanti Bankasi AS Turkey £107,813 0.7%
4,200 Lincoln National Corporation United £53,251 0.4%
States
1,890 Prudential Financial Inc United £49,995 0.3%
States
2,451 MetLife Inc. United £49,774 0.3%
States
510 Goldman Sachs Group Inc. United £49,761 0.3%
States
122 Bank of America Corp United £1,075 0.0%
States
171 HSBC Holdings Plc United £1,035 0.0%
Kingdom
59 National Bank of Greece S.A. Greece £1,022 0.0%
36 Credit Suisse Switzerland £1,017 0.0%
44 JP Morgan Chase & Co United £1,012 0.0%
States
2,261 Royal Bank of Scotland Group United £1,012 0.0%
Kingdom
23 BNP Paribas France £1,002 0.0%
Listed 11,962,533 75.8%
Investments
Cash 3,821,813 24.2%
Total 15,784,346 100.0%
At 31 July 2009 the portfolio yield, as reported to the Association of
Investment Companies, was 5.53% (2008 - 3.85%). The yield represents the income
from investments as a percentage of the cost of the portfolio.
Classification of Portfolio
At 31 July 2009
Investment Other Total Total
Banks Companies Finance Cash 2009 2008
% % % % % %
India 14.8 - 3.7 0.1 18.6 27.1
Eire 3.4 15.2 - - 18.6 9.0
Russia 16.1 - - - 16.1 34.6
Hong Kong 6.3 - - 6.2 12.5 -
United States 0.3 - 6.0 - 6.3 7.3
Europe - - - 5.3 5.3 -
Indonesia 4.8 - - - 4.8 -
Australia - - - 3.1 3.1 -
Norway - - - 3.1 3.1 -
Switzerland 0.0 - - 3.1 3.1 -
Canada - - - 3.1 3.1 -
Spain 2.3 - - - 2.3 -
Turkey 2.1 - - 0.0 2.1 -
Ukraine 0.8 - - - 0.8 1.4
United Kingdom 0.0 - - 0.2 0.2 4.2
&nbs
