Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. New Star Investment Trust plc
  6. News
  7. Summary
    NSI   GB0002631041

NEW STAR INVESTMENT TRUST PLC

(NSI)
  Report
Delayed Quote. Delayed London Stock Exchange - 11/26 11:35:14 am
145 GBX   -0.68%
11/19NEW STAR INVESTMENT TRUST : 2021 AGM proxy voting summary
PU
11/04NEW STAR INVESTMENT TRUST PLC : Ex-dividend day for final dividend
FA
10/12NEW STAR INVESTMENT TRUST : 06/21 annual report
PU
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

New Star Investment Trust PLC : Annual Results for -5-

09/24/2021 | 02:01am EST
Other operating income                             2     3           -           3       250         -           250 
                                                          1,522      -           1,522   2,419       -           2,419 
GAINS AND LOSSES ON INVESTMENTS 
Gains/(losses) on investments at fair value 
through profit or loss 
                                                   9     -           25,927      25,927  -           (212)       (212) 
Other exchange (losses)/gains                            -           (1,119)     (1,119) -           414         414 
Trail rebates                                            -           4           4       -           4           4 
                                                          1,522      24,812      26,334  2,419       206         2,625 
EXPENSES 
Management and performance fees                    3     (774)       -           (774)   (697)       (623)       (1,320) 
Other expenses                                     4     (319)       -           (319)   (397)       -           (397) 
                                                         (1,093)     -           (1,093) (1,094)     (623)       (1,717) 
PROFIT BEFORE TAX                                        429         24,812      25,241  1,325       (417)       908 
Tax                                                5     -           -           -       -           -           - 
PROFIT FOR THE YEAR                                       429         24,812      25,241 1,325       (417)       908 
 
EARNINGS PER SHARE 
Ordinary shares (pence)                            7      0.61p       34.93p      35.54p 1.87p       (0.59)p     1.28p 

The total column of this statement represents the Group's profit and loss account, prepared in accordance with international accounting standards in conformity with the requirements of the Companies Act 2006 and prepared in accordance with international financial reporting standards adopted pursuant to Regulation (EC) No 1606/2002 as it applies in the European Union. The supplementary Revenue Return and Capital Return columns are both prepared under guidance published by the Association of Investment Companies. All revenue and capital items in the above statement derive from continuing operations.

The Company did not have any income or expense that was not included in 'Profit for the year'. Accordingly, the 'Profit for the year' is also the 'Total comprehensive income for the year', as defined in IAS1 (revised) and no separate Statement of Comprehensive Income has been presented.

No operations were acquired or discontinued during the year.

All income is attributable to the equity holders of the parent company. There are no minority interests.

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30TH JUNE 2021

                                             Share 
                                                     Share premium Special reserve Retained earnings 
                                        Note capital                                                 Total 
                                                     GBP '000        GBP '000          GBP '000 
                                             GBP '000                                                  GBP '000 
 
AT 30th JUNE 2020                            710     21,573        56,908          34,694            113,885 
Total comprehensive income for the year      -       -             -               25,241            25,241 
Dividend paid                           8    -       -             -               (994)             (994) 
AT 30th JUNE 2021                            710     21,573        56,908          58,941            138,132 

Included within Retained earnings were GBP1,960,000 of Company reserves available for distribution.

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30TH JUNE 2020

                                             Share 
                                                     Share premium Special reserve Retained earnings 
                                        Note capital                                                 Total 
                                                     GBP '000        GBP '000          GBP '000 
                                             GBP '000                                                  GBP '000 
 
AT 30th JUNE 2019                            710     21,573        56,908          34,780            113,971 
Total comprehensive income for the year      -       -             -               908               908 
Dividend paid                           8    -       -             -               (994)             (994) 
AT 30th JUNE 2020                            710     21,573        56,908          34,694            113,885 

Included within Retained earnings were GBP2,018,000 of Company reserves available for distribution.

CONSOLIDATED BALANCE SHEET AT 30TH JUNE 2021

                                                       30th June 30th June 
                                                 Notes 2021      2020 
                                                       GBP '000    GBP '000 
NON-CURRENT ASSETS 
Investments at fair value through profit or loss 9     129,727   103,015 
 
CURRENT ASSETS 
Other receivables                                11    235       137 
Cash and cash equivalents                        12    8,440     10,962 
                                                       8,675     11,099 
 
TOTAL ASSETS                                           138,402   114,114 
 
CURRENT LIABILITIES 
Other payables                                   13    (270)     (229) 
 
TOTAL ASSETS LESS CURRENT LIABILITIES                  138,132   113,885 
 
NET ASSETS                                             138,132   113,885 
 
EQUITY ATTRIBUTABLE TO EQUITY HOLDERS 
Called-up share capital                          14    710       710 
Share premium                                    15    21,573    21,573 
Special reserve                                  15    56,908    56,908 
Retained earnings                                15    58,941    34,694 
 
TOTAL EQUITY                                           138,132   113,885 
 
 
NET ASSET VALUE PER ORDINARY SHARE               16    194.49p   160.35p 

CONSOLIDATED CASH FLOW STATEMENTS AT 30TH JUNE 2021

                                                                                                    Year      Year 
                                                                                                    ended     ended 
 
                                                                                                    30th June 30th June 
 
                                                                                                    2021      2020 
 
                                                                                                    Group     Group 
                                                                                              Notes 
                                                                                                    GBP '000    GBP '000 
 
NET CASH INFLOW FROM OPERATING ACTIVITIES 
                                                                                                    376         382 
INVESTING ACTIVITIES 
Purchase of investments                                                                             (9,717)   (12,725) 
Sale of investments                                                                                 8,932     3,280 
 
NET CASH OUTFLOW FROM INVESTING ACTIVITIES 
                                                                                                    (785)     (9,445) 
FINANCING 
Equity dividends paid                                                                         8     (994)     (994) 
 
 
NET CASH OUTFLOW FROM FINANCING                                                                     (994)     (994) 
 
DECREASE IN CASH                                                                                    (1,403)   (10,057) 
RECONCILIATION OF NET CASH FLOW TO MOVEMENT IN CASH & CASH EQUIVALENTS 
Decrease in cash resulting from cash flows                                                          (1,403)   (10,057) 
Exchange movements                                                                                  (1,119)   414 
Movement in net funds                                                                               (2,522)   (9,643) 
Net funds at start of the year                                                                      10,962    20,605 
CASH & CASH EQUIVALENTS AT END OF YEAR                                                        17    8,440     10,962 
RECONCILIATION OF PROFIT BEFORE FINANCE COSTS AND TAXATION TO NET CASH FLOW FROM OPERATING 
ACTIVITIES 
Profit before finance costs and taxation*                                                           25,241    908 
(Gains)/Losses on investments                                                                       (25,927)  212 
Exchange differences                                                                                1,119     (414) 
Capital trail rebates                                                                                (4)       (4) 
 
Net revenue gains before finance costs and taxation 
                                                                                                    429       702 
(Increase)/Decrease in debtors                                                                      (90)      81 
Increase/(Decrease) in creditors                                                                    41        (407) 
Taxation                                                                                            (8)       2 
Capital trail rebates                                                                               4         4 
 
NET CASH INFLOW FROM OPERATING ACTIVITIES 
                                                                                                    376       382 

(MORE TO FOLLOW) Dow Jones Newswires

September 24, 2021 02:00 ET (06:00 GMT)

All news about NEW STAR INVESTMENT TRUST PLC
11/19NEW STAR INVESTMENT TRUST : 2021 AGM proxy voting summary
PU
11/04NEW STAR INVESTMENT TRUST PLC : Ex-dividend day for final dividend
FA
10/12NEW STAR INVESTMENT TRUST : 06/21 annual report
PU
09/24NEW STAR INVESTMENT TRUST : 06/21 preliminary results
PU
09/24New Star Investment Trust plc Reports Earnings Results for the Full Year Ended June 30,..
CI
04/01NEW STAR INVESTMENT TRUST : 12/20 interim report
PU
2020NEW STAR INVESTMENT TRUST : Updated articles of association subject to special resolution ..
PU
2020NEW STAR INVESTMENT TRUST PLC : Ex-dividend day for final dividend
FA
2020NEW STAR INVESTMENT TRUST : 06/20 annual report
PU
2020New Star Investment Trust plc Reports Earnings Results for the Full Year Ended June 30,..
CI
More news
Financials
Sales 2021 27,4 M 36,6 M 36,6 M
Net income 2021 25,2 M 33,6 M 33,6 M
Net cash 2021 8,44 M 11,2 M 11,2 M
P/E ratio 2021 3,77x
Yield 2021 1,04%
Capitalization 103 M 137 M 137 M
EV / Sales 2020 29,1x
EV / Sales 2021 3,16x
Nbr of Employees -
Free-Float 24,5%
Chart NEW STAR INVESTMENT TRUST PLC
Duration : Period :
New Star Investment Trust plc Technical Analysis Chart | NSI | GB0002631041 | MarketScreener
Income Statement Evolution
Managers and Directors
Geoffrey Howard-Spink Chairman
David John Gamble Independent Non-Executive Director
John Lincoln Duffield Deputy Chairman
Sector and Competitors
1st jan.Capi. (M$)
NEW STAR INVESTMENT TRUST PLC18.85%137
HIPGNOSIS SONGS FUND LIMITED2.67%2 045