FEV FIDELITY EUROPEAN VALUES PLC ORD 25P

FID.EURO.VAL. Currency GBX Premium Equity Closed Ended Investment Funds

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	n/a	n/a	n/a	n/a	n/a
Operating Profit/(Loss)	n/a	n/a	n/a	n/a	n/a
Net Interest	n/a	n/a	n/a	n/a	n/a
Profit Before Tax	n/a	n/a	n/a	n/a	n/a
Profit After Tax	12.06	12.79	7.96	10.88	20.62
Discontinued Operations
Profit After Tax	n/a	n/a	n/a	n/a	n/a
PROFIT FOR THE PERIOD	12.06	12.79	7.96	10.88	20.62
Attributable to:
Minority Interests	n/a	n/a	n/a	n/a	n/a
Equity Holders of Parent Company	12.06	12.79	7.96	10.88	20.62

Continuing EPS
Earnings per Share - Basic	27.78p	26.94p	15.95p	20.59p	36.77p
Earnings per Share - Diluted	27.78p	26.94p	15.95p	20.59p	36.77p
Earnings per Share - Adjusted	27.78p	26.94p	15.95p	20.59p	36.77p
Continuing and Discontinued EPS
Earnings per Share - Basic	n/a	n/a	n/a	n/a	n/a
Earnings per Share - Diluted	n/a	n/a	n/a	n/a	n/a
Earnings per Share - Adjusted	n/a	n/a	n/a	n/a	n/a

Dividend per Share	26.50p	15.75p	22.50p	23.26p	13.75p

Balance Sheet (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Assets
Non-Current Assets
Property, Plant & Equipment	n/a	n/a	n/a	n/a	n/a
Intangible Assets	n/a	n/a	n/a	n/a	n/a
Investment Properties	n/a	n/a	n/a	n/a	n/a
Investments	583.94	504.41	693.55	658.77	657.54
Other Financial Assets	n/a	n/a	n/a	n/a	n/a
Other Non-Current Assets	0.00	0.00	0.00	0.00	0.00
	583.94	504.41	693.55	658.77	657.54
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	1.94	0.89	2.11	7.76	1.89
Cash at Bank & in Hand	20.45	12.37	3.98	40.97	50.91
Current Asset Investments	16.48	4.45	21.53	45.82	48.76
Other Current Assets	n/a	n/a	n/a	n/a	n/a
	38.87	17.71	27.62	94.56	101.56

Total Assets	622.81	522.12	721.16	753.33	759.11

Liabilities
Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Other Current Liabilities	n/a	n/a	n/a	n/a	n/a
	6.532	4.504	60.620	46.751	9.145

Net Current Assets	32.34	13.21	-33.01	47.81	92.42

Non-Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Provisions	n/a	n/a	n/a	n/a	n/a
Other Non-Current Liabilities	n/a	n/a	n/a	n/a	n/a
	0.00	0.00	0.00	57.64	99.98

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	6.53	4.50	60.62	104.39	109.12

Net Assets	616.27	517.62	660.54	648.94	649.98

Capital & Reserves
Share Capital	616.27	517.62	660.54	648.94	649.98
Share Premium Account	n/a	n/a	n/a	n/a	n/a
Other Reserves	n/a	n/a	n/a	n/a	n/a
Retained Earnings	n/a	n/a	n/a	n/a	n/a
Shareholders Funds	616.27	517.62	660.54	648.94	649.98

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	616.27	517.62	660.54	648.94	649.98

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	46.33	37.23	69.78	55.90	26.92
PEG - Adjusted	14.85	0.54	-3.10	-1.27	0.16
Earnings per Share Growth - Adjusted	3.12%	68.90%	-22.54%	-44.00%	166.64%
Dividend Cover	1.05	1.71	0.71	0.89	2.67
Revenue Per Share	n/a	n/a	n/a	n/a	n/a
Pre-Tax Profit per Share	n/a	n/a	n/a	n/a	n/a
Operating Margin	n/a	n/a	n/a	n/a	n/a
Return on Capital Employed	n/a	n/a	n/a	n/a	n/a

Continuing & Discontinued Operations
Dividend Yield	2.06%	1.57%	2.02%	2.02%	1.39%
Dividend per Share Growth	68.25%	-30.00%	-3.27%	69.16%	161.90%
Net Asset Value per Share (exc. Intangibles)	1428.97p	1168.57p	1335.78p	1269.51p	1183.61p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

FID.EURO.VAL. - Fundamentals