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2021-12-31-accounts
|
|
|
€ |
|
|
|
|
|
2021 |
|
|
|
Permancnt |
Unrestricted |
|
|
|
|
Endowment |
Funds |
|
Total |
2020 |
| Incoming rcsources |
|
|
|
|
|
| Income from UK Investments poitfolio |
- |
19,808 |
|
19,808 |
20,922 |
| Interest onlong terni investments inItaly |
|
2,516 |
|
2.516 |
2,418 |
| Gainson investments |
|
283,661 |
|
283,661 |
|
| Other incoming resources |
|
|
|
|
|
| Total Incoming resources |
- |
305,985 |
|
305,985 |
23,340 |
| Resources expended |
|
|
|
|
|
| Charitableactivities |
- |
(5,400) |
|
(5,400) |
(3,200) |
| Governance costs |
|
(5,464) |
|
(5,464) |
(5,208) |
| Losses on investments |
|
(151) |
|
(151) |
(24,749) |
| Other resource expended |
|
(4,950) |
|
(4.950) |
(4,950) |
| Total resources expended |
“ |
(15,965) |
|
(15,965) |
(38,107) |
| Net incoming/outgoing resources |
- |
290,020 |
|
290,020 |
(14,767) |
| Other recognised gains/losses |
|
|
|
|
|
|
- |
|
|
|
|
| Other recognised gains/losses |
|
- |
|
- |
- |
| Net movement in funds |
- |
290,020 |
|
290,020 |
(14,767) |
| Reconciliation of Funds |
|
|
|
|
|
| Total funds brought forward |
641,269 |
2,000,384 |
|
2.641,653 |
2,656,420 |
| Total funds carried forward |
641,269 |
2,290,404 |
|
2,931,673 |
2,641,653 |
|
€ |
€ |
€ |
|
2021 |
2020 |
Change |
| Net income/(loss) for thè year |
290,020 |
(14,767) |
304,787 |
| Adjustment for: |
|
|
|
| - Movements in receivablesand payables |
|
|
|
| Decrease/ (increase) in accrued interest |
|
|
|
| Increase/(decrease) in accrued expenses |
|
|
|
| Net cash generated by operations |
290,020 |
(14,767) |
304,787 |
| Purchaseof long-term investments |
(343,153) |
- |
(343,153) |
| Redemption/Sale on long terni investment |
59,992 |
4,938 |
55,054 |
| Total net cash inflow/(outflow) |
6,859 |
(9,829) |
16,688 |
| Cash at1 January |
4,343 |
14,172 |
(9,829) |
| Cash at31December |
11,202 |
4,34.3 |
6,859 |
|
Euro |
Euro |
|
|
|
|
2021 |
2020 |
|
|
|
| Cash |
56,524 |
22,144 |
|
|
|
| Bond |
983,127 |
792,279 |
|
|
|
| Equities |
1,146,251 |
1,043,785 |
|
|
|
| Property |
- |
13,899 |
|
|
|
| Alternative |
- |
33,623 |
|
|
|
| Total |
2,185,902 |
1,905,730 |
|
|
|
|
|
|
7 |
di |
10 |
| The following figure shows thè net movement in UK portfolio |
for thè year ending 31 December 2021: |
| UK Portfolio |
€ |
| Carrying valueas of 31.12.2020: |
1,905,730 |
| Additions/capitalised interests: |
19,808 |
| Transfer: |
- |
| Gains on disposala : |
- |
| Exchange difference: |
260,364 |
| Carrying value as of 31.12.2021: |
2,185,902 |
| ITALIAN PORTFOLIO |
|
EURO |
|
|
2021 |
2020 |
Change |
| Eurizon multiasset Equilibr 07/22A |
86,295 |
84,181 |
2,114 |
| Eurizon obblig 7/22A |
- |
50,314 |
(50,314) |
| EurizonDifesa Flessibile 12/22 |
44,770 |
45,928 |
(1,158) |
| Eurizon FlexEquilibrio 07/24A |
123,316 |
120,824 |
2,491 |
| Eurizon Top Selection Crescita06/24A |
120,518 |
109,554 |
10,964 |
| Eurizon E DEFTOP SEL 07/24 |
96,300 |
96,420 |
(121) |
| Eurizon Flex Crescita 07/24A |
35,307 |
33,689 |
1,617 |
| Eurizon Top Select 03/23A |
106,719 |
102,997 |
3,722 |
| Eurizon Top select 12/22A |
85,924 |
92,622 |
(6,698) |
| Eurizon ThematicOpp. ESG50 07/26A |
40,371 |
- |
40,371 |
| Total |
739,519 |
736,530 |
2,989 |
| Italian Portfolio |
€ |
| Carrying value as of 31.12.2020: |
736,530 |
| Additions: |
40,000 |
| Disposala : |
(59,992) |
| Loss on disposala : |
|
| Revaluation (Impairment): |
22,981 |
| Carrying value as of 31.12.2021: |
739,519 |
| Euro |
2021 |
2020 |
| Income from U.K. investments |
19,808 |
20,922 |
| portfolio |
|
|
| Interest on long terni investments |
2,516 |
2,418 |
| in Italy |
|
|
| Other incoming resources |
- |
- |
| Gains on investments |
283,661 |
- |
| Total incoming resources |
305,985 |
23,340 |
| Euro |
2021 |
2020 |
| Charitable activities |
5,400 |
3,200 |
| Audit fees |
4,057 |
4,057 |
| Non-recoverable VAT |
893 |
893 |
| Losses on investments |
151 |
24,749 |
| Governance costs |
5,464 |
5,208 |
| Total resources expended |
15,965 |
38,107 |