A-11
Trinidad and Tobago Unit Trust Corporation
Unit Trust Corporation
Annual Report 2012
US DOLLAR INCOME FUND
STATEMENT OF COMPREHENSIVE INCOME
For the year ended 31 December, 2012
Expressed in Trinidad and Tobago Dollars
31-Dec-12
31-Dec-11
$‘000
$ ‘000
INCOME
Investment Income
98,358
150,421
Other Income
206,470
272
Total Income
304,828
150, 693
EXPENSES
Management Charge
(30,323)
(61,887)
Impairment
(211,017)
-
Commissions
(1,293)
(1,165)
Other Expenses
(1,014)
(315)
Total Expenses
(243,647)
(63,367)
NET INVESTMENT INCOME AVAILABLE
FOR DISTRIBUTION
61,181
87,326
Distribution
(41,253)
(77,561)
(41,253)
(77,561)
UNDISTRIBUTED INCOME BEFORE
TRANSFER TO RESERVES
19,928
9,765
Allocation to Primary Reserve
(7,623)
(7,620)
Allocation to Secondary Reserve
(12,305)
(2,145)
UNDISTRIBUTED INCOME AT END OFYEAR
-
-
