Wellcome Trust Annual Report
December 20 2007 - 8:38AM
UK Regulatory
RNS Number:4014K
Wellcome Trust Finance plc
20 December 2007
The Wellcome Trust announces that its Annual Report and Financial Statements for
the year ended 30 September 2007 have been approved. The investment base of the
Wellcome Trust Group grew to �15.7 billion at 30 September 2007, compared with
�13.9 billion at 30 September 2006. The figure of �15.7 billion includes the
proceeds of the �550 million bond issue in July 2006. The net assets of the
Group grew to �14.4 billion at 30 September 2007, compared with �12.7 billion at
30 September 2006. The overall investment return was 17.0% during the financial
year (2006: 12.8%).
Charitable commitments of the Group totalled �520 million during the year,
compared with �484 million for the previous year. Charitable cash payments
during the year totalled �492 million, compared with �489 million for the
previous year.
Wellcome Trust Finance plc also announces that its Annual Report and Financial
Statements for the year ended 30 September 2007 have been approved. At 30
September 2007, its total assets were �682 million (2006: �682 million), with
net assets of �137.5 million (2006: �137.5 million).
The 2007 Annual Reports and Financial Statements of the Wellcome Trust and
Wellcome Trust Finance plc will be available in mid January from the Trust's web
site www.wellcome.ac.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
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