| € | ||||
|---|---|---|---|---|
| 2023 | ||||
| Permanent | Unrestricted | |||
| Endowment | Funds | Total | 2022 | |
| Incoming resources | ||||
| Income from UK Investments portfolio | 2,883 | 2,883 | 10,032 | |
| Interest onlong term investments in Italy | 2,124 | 2.214 | 2,516 | |
| Gainson investments | 256,282 | 256,282 | - | |
| Other incoming resources | ||||
| Total Incoming resources | 261,289 | 261,289 | 12,548 | |
| Resources expended | ||||
| Charitable activities | (3,900) | (3,900) | (4,000) | |
| Governancecosts | (4,3H) | (4,3H) | (5,662) | |
| Losses on investments | (13,655) | (13,655) | (461,526) | |
| Other resource expended | (4,950) | (4,950) | (4,950) | |
| Total resources expended | (26,816) | (26,816) | (476,138) | |
| Net incoming/outgoing resources | 234,473 | 234,473 | (463,590) | |
| Other recognised gains/losses | ||||
| Other recognised gains/losses | - | |||
| Net movement in funds | 234,473 | 234,473 | (463,590) | |
| Reconciliation of Funds | ||||
| Total funds brought forward | 641,269 | 1,826,814 | 2,468,083 | 2,931,673 |
| Total funds carried forward | 641,269 | 2,061,287 | 2,702,556 | 2,468,083 |
| € | € | € | |
|---|---|---|---|
| 2023 | 2022 | Change | |
| Net income/Ioss for thè year | 234,472 | (463,590) | 698,062 |
| Adjustment for: | |||
| - Movements in receivables and payables | |||
| Decrease/(increase) in accrued interest | |||
| Increase/ (decrease) in accrued expenses | - | - | - |
| Net cash generated by operations | 234,472 | (463,590) | 698,063 |
| (Gains)/losses on investments | (236,627) | 375,199 | (611,826) |
| (Purchase)/Sale on long terni investment | 6,105 | 86,295 | (80,190) |
| Total net cash inflow/(outflow) | 3,951 | (2,096) | 6,047 |
| Cash at 1 January | 9406 | 11,202 | (2,096) |
| Cash at 31 December | _13,057_ | 9,io6 | 3,951 |
| Euro | Euro | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Cash | 21,249 | 50,295 | |||
| Bond | 753,735 | 807,276 | |||
| Equities | 1,166,665 | 971,694 | |||
| Property | 101,670 | - | |||
| Alternative | - | - | |||
| Total | 2,043,319 | 1,829,265 | |||
| 7 | di | 10 |
| UIC Portfolio | € |
|---|---|
| Carrying value as of 31.12.2022: | 1,829,265 |
| Additions/capitalised interests: | 41,624 |
| Transfer: | |
| Gains on disposala : | 172,430 |
| Losses on investments: | |
| Carrying value as of 31.12.2023: | 2,043,319 |
| ITALIAN PORTFOLIO | EURO | ||
|---|---|---|---|
| 2023 | 2022 | Change | |
| Eurizon Profilo Difesa II | 291,359 | 66,924 | 224,435 |
| Eurizon DifesaFlessibile 12/22 | - | 41,377 | -41,377 |
| Eurizon Flex Equilibrio 07/24A | 109,184 | 103,341 | 5,843 |
| Eurizon Top Selection Crescita 06/24A | - | 106,566 | -106,566 |
| Eurizon E DEE TOP SEL 07/24 | 89,231 | 87,177 | 2,054 |
| Eurizon Flex Crescita 07/24A | 30,234 | 27,520 | 2,714 |
| Eurizon Top Select 03/23A | - | 94432 | -94432 |
| Eurizon Top select12/22A | - | 75,371 | -75,371 |
| Eurizon Thematic Opp. ESG50 07/26A | 36,401 | 32,254 | 4447 |
| Eurizon diversified | 94.722 | - | 94.7PP |
| Total | **651,130 ** | 634,662 | 16,468 |
| Italian Portfolio | € |
|---|---|
| Carrying vaine as of 31.12.2023: | 634,662 |
| Additions: | 311,897 |
| Disposals: | (317,724) |
| Loss on disposals: | |
| Revaluation (Impairment): | 22,295 |
| Carrying value as of 31.12.2023: | 651,130 |
| Euro | 2023 | 2022 |
|---|---|---|
| Income from U.K. investments | 2,883 | 10,032 |
| portfolio | ||
| Interest on long term investments | 2,124 | 2,516 |
| in Italy | ||
| Other incoming resources | - | - |
| Gains on investments | 256,282 | - |
| Total incoming resources | 261,289 | 12,548 |
| Euro | 2023 | 2022 |
|---|---|---|
| Charitable activities | 3,900 | 4,000 |
| Audit fees | 4,057 | 4,057 |
| Non-recoverable VAT | 893 | 893 |
| Losses on investments | 13,655 | 461,526 |
| Governance costs | 4,3H | 5,662 |
| Total resoui’ces expended | 26,816 | 476,138 |