UTC (UK) Pension Scheme - Annual Report & Chair's Statement

THE UTC COMMON INVESTMENT FUND

STATEMENT OF NET ASSETS AVAILABLE TO PARTICIPATING SCHEME AS AT 31 DECEMBER 2024

All amounts in tables are in £ thousands unless otherwise stated.

Note

2024

2023

Investment assets

Bonds

5 6 7 8 8

1,044,127

1,172,762

Pooled investment vehicles

430,551 15,888

464,673 22,433

Derivatives

Cash

2,895 9,374

971

Other investment balances

11,895

1,502,835

1,672,734

Investment liabilities

Derivatives

7

(14,611)

(19,754)

Amounts payable under repurchase agreements

9 8

(275,746)

(312,247)

Other investment balances

(4,277)

(5,024)

(294,634)

(337,025)

Total net assets available for participating schemes

1,208,201

1,335,709

The notes on pages 12 to 23 form part of these financial statements.

The financial statements on pages 10 to 23 were approved by the Administrator and signed on its behalf.

Director

UTC Pension Trust Limited

11

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