THE UTC COMMON INVESTMENT FUND
FUND ACCOUNT AND STATEMENT OF CHANGES IN NET ASSETS ATTRIBUTABLE TO PARTICIPATING SCHEME FOR THE YEAR ENDED 31 DECEMBER 2024
All amounts in tables are in £ thousands unless otherwise stated.
Note
2024
2023
Return on Investments
Investment income
4
19,730
17,723
Change in market value of investments
5
(85,379)
46,800
Net returns on investments
(65,649)
64,523
Disinvestment by Participating Scheme
(61,859)
(55,391)
Net (decrease)/increase in the fund
(127,508)
9,132
Opening net assets
1,335,709
1,326,577
Closing net assets
1,208,201
1,335,709
The notes on pages 12 to 23 form part of these financial statements.
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