Key Performance Indicators
|
Balance Sheet |
31 Mar 2023 |
31 Mar 2024 |
|
Net Asset Value (“NAV”) per Ordinary Share |
£1.47 |
£1.45 |
|
Share price |
£1.34 |
£1.15 |
|
(Discount)/Premium |
(8.8)% |
(20.7)% |
|
Average (discount)/premium in year* |
(6.1)% |
(14.7)% |
|
Leverage (% of NAV)** |
23.8% |
7.3% |
* Average Premium is the average of the difference in the share price and the NAV per share divided by NAV per share.
** Leverage is the financing divided by the net assets.
|
Profit, Loss and Dividends |
31 Mar 2023 |
31 Mar 2024 |
|
Earnings per share |
9.0p |
9.6p |
|
Dividends per share declared for the year |
12.0p |
12.0p |
|
Total NAV return (including dividends) annualised |
6.2% |
7.0% |
Financial Highlights
|
Balance Sheet |
31 Mar 2023 |
31 Mar 2024 |
|
Cash, cash equivalents and cash held by brokers |
£16.5m |
£22.8m |
|
Net assets |
£337.0m |
£326.4m |
|
Profit and Loss |
31 Mar 2023 |
31 Mar 2024 |
|
Operating income |
£30.7m |
£31.4m |
|
Net profit |
£20.6m |
£21.9m |