INNOVO STATUS AKCII Open-end investment fund QUARTERLY FINANCIAL REPORTS. for the period
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1 INNOVO STATUS AKCII Open-end investment fund QUARTERLY FINANCIAL REPORTS 1
2 CONTENT: STATEMENT OF NET ASSETS OF THE FUND STATEMENT OF OPERATIONS OF THE FUND STATEMENT OF CHANGES IN NET ASSETS OF THE FUND REPORT ON VALUE OF SHARE DOCUMENTS OF THE FUND REPORT ON NUMBER OF SHARE DOCUMENTS REPORT ON STRUCTURE OF INVESTMENTS OF THE FUND STRUCTURE OF THE FUND S INVESTMENTS PER TYPE REPORT ON REALIZED GAINS AND LOSSES OF THE FUND REPORT ON UNREALIZED GAINS AND LOSSES OF THE FUND 2
3 STATEMENT OF NET ASSETS OF THE FUND as at Description Cash and cash equivalents Investment receivables Financial assets held for trading Securities issued by domestic companies listed on the Macedonian Stock Exchange Financial assets available for sale Securities issued by domestic companies listed on the Macedonian Stock Exchange - - Financial assets held to maturity Short term debt securities held to maturity - - Domestic long term debt securities held to maturity - - Short term deposits Long term deposits - - TOTAL ASSETS Investment liabilities - - Payables to Fund management company Payables to Fund management company for front-end load Payables to Depository Bank Payables to Central Securities Depositary Payables for brokerage fee - - Other liabilities - - TOTAL LIABILITIES NET ASSETS Number of issued share documents , ,8459 Value of one share document 61, ,4858 Quarterly financial statements reported on pages 3-11 are approved and signed by Executive Director of the Fund management company INNOVO STATUS AD Skopje. Executive Director Mia Stefanovska Zografska 3
4 STATEMENT OF OPERATIONS OF THE FUND Description INCOME Realized capital gains Interest income Dividend income Foreign exchange gain - - Other income - - TOTAL INCOME EXPENSES Realized capital losses Interest expense - - Fees to the Fund management company Fees for issuance of share documents Fees to the Depository Bank Fees to the Central Securities Depository Foreign exchange losses - - Other expenses TOTAL EXPENSES NET INVESTMENT GAINS/(LOSSES) (88.357) Unrealized capital gains/(losses) ( ) Amortization of premium/discount on securities with fixed maturities - - Net foreign exchange gains/(losses) - - TOTAL UNREALIZED GAINS/(LOSSES) FROM INVESTMENTS IN SECURITIES ( ) TOTAL INCREASE/(DECREASE) OF NET ASSETS ( ) (27.008) 4
5 STATEMENT OF CHANGES OF NET ASSETS OF THE FUND Description Net investment gains/(losses) (88.357) Total unrealized gains from investment in securities ( ) ( ) INCREASE/(DECREASE) OF NET ASSETS ( ) Proceeds received from holders of share documents Disbursements from withdrawed share documents - - TOTAL INCREASE/(DECREASE) OF NET ASSETS FROM TRANSACTIONS WITH SHARE DOCUMENTS TOTAL INCREASE/(DECREASE) OF NET ASSETS NET ASSETS AT THE BEGINNING OF THE PERIOD NET ASSETS AT THE END OF THE PERIOD Number of paid share documents , ,8459 Number of withdrawed share documents - - NUMBER OF SHARE DOCUMENTS , ,8459 5
6 REPORT ON VALUE OF SHARE DOCUMENTS OF THE FUND Description Net assets at the beginning of the period Number of share documents at the beginning of the period , VALUE OF SHARE DOCUMENTS AT THE BEGINNING OF THE PERIOD 101, Net assets at the end of the period Number of share documents at the end of the period , ,8459 VALUE OF SHARE DOCUMENTS AT THE END OF THE PERIOD 61, ,4858 RATIOS AND SUPPLEMENTAL DATA Ratio of expenses to average net assets 0,0515 0,0127 Ratio of net investment income to average net assets 0, Rate of return -39,22% 1,49% 6
7 REPORT ON NUMBER OF SHARE DOCUMENTS OF THE FUND Description At the beginning of the period , Number of issued share documents during the period , ,8459 Number of redeemed share documents - - TOTAL NUMBER OF SHARE DOCUMENTS AT THE END OF THE PERIOD , ,8459 VALUE OF SHARE DOCUMENTS Value of share document at the beginning of the period 101, ,0000 Value of share document at the end of the period 61, ,4858 7
8 REPORT ON STRUCTURE OF INVESTMENTS OF THE FUND as at a)shares Description Number of shares Purchase cost per share (MKD) Total purchase cost (MKD) Value of share on Total value on Percentage share of value of the fund Common shares issued in Republic of Macedonia Stopanska Banka AD Bitola , , ,86% Toplifikacija AD Skopje , ,76% Alkaloid AD Skopje , , ,28% Makpetrol AD Skopje , ,26% Granit AD Skopje , ,17% Komercijalna Banka AD Skopje , , ,23% Arcelormittal Skopje-HRM Skopje , , ,30% Stopanska Banka AD Skopje , , ,87% Skopski Pazar AD Skopje , , ,52% Zemjodelski Kombinat Pelagonija AD Bitola , , ,58% RZ Tehnicka kontrola , , ,10% Kjubi Makedonija Skopje , , ,57% Lotarija na Makedonija AD Skopje , , ,27% TOTAL INVESTMENT IN SHARES ISSUED IN THE REPUBLIC OF MACEDONIA b)placements and deposits Description Purchase cost Total value on Percentage share of value of the fund Short-term deposits Long-term deposits TOTAL PLACEMENTS AND DEPOSITS
9 STRUCTURE OF THE FUNDS INVESTMENTS PER TYPE as at Description Total value on Percentage share of value of the fund Shares ,784% Placements and deposits - - Cash and cash equivalents ,213% Other 731 0,003% TOTAL ASSET VALUE OF THE FUND ,000% 9
10 REPORT ON REALIZED GAINS AND LOSSES OF THE FUND Sales date Sold security Number of securitie s Accounting value Sales price Realized gain/(loss) Common shares Zemjodelski Kombinat Pelagonija AD Bitola RZ Uslugi AD Skopje ( ) Makedonski Telekomunikacii Komercijalna Banka FZC 11-ti Oktomvri (12.900) Preferential shares Government bonds Other securities TOTAL REALIZED GAINS/(LOSSES)
11 REPORT ON UNREALIZED GAINS AND LOSSES OF THE FUND Securities Purchase cost Fair value (market value) Unrealized gain/(loss) Net foreign exchange gains/losses Amortization of premium/discount on securities with fixed maturities Impairment of financial assets value Common shares Stopanska Banka AD Bitola ( ) Alkaloid AD Skopje ( ) Makpetrol AD Skopje ( ) Granit AD Skopje ( ) Komercijalna Banka AD Skopje ( ) Arcelormittal Skopje- HRM AD Skopje (96.195) Stopanska Banka AD Skopje ( ) Skopski Pazar AD Skopje ( ) Zemjodelski Kombinat Pelagonija AD Bitola ( ) RZ Tehnicka kontrola AD Skopje (15.893) Kjubi Makedonija AD Skopje ( ) Toplifikacija AD Skopje (18.720) Lotarija na Makedonija AD Skopje (89.337) Preferential shares Government bonds Other securities TOTAL UNREALIZED GAINS/(LOSSES) ( ) 11
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