Docusign Envelope ID: 7C07248F-983B-4F8B-904D-FCB9B680B5CE
THE UTC COMMON INVESTMENT FUND
FUND ACCOUNT AND STATEMENT OF CHANGES IN NET ASSETS ATTRIBUTABLE TO PARTICIPATING SCHEME FOR THE YEAR ENDED 31 DECEMBER 2023
All amounts in tables are in £ thousands unless otherwise stated.
Note
2023
2022
Return on Investments
4
17,723
Investment income
19,775
5
46,800
Change in market value of investments
(765,290)
Net returns on investments
64,523
(745,515)
Disinvestment by Participating Scheme
(55,391)
(76,427)
Net increase/(decrease) in the fund
9,132
(821,942)
Opening net assets
1,326,577
2,148,519
Closing net assets
1,335,709
1,326,577
The notes on pages 12 to 23 form part of these financial statements.
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