JESC JPMORGAN EURO SMALL CO. TRUST PLC ORD 25P

JPMORG.EUR Currency GBX Premium Equity Closed Ended Investment Funds

Income Statement (£ m)	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-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	7.06	2.37	2.17	7.36	-0.38
Discontinued Operations
Profit After Tax	n/a	n/a	n/a	n/a	n/a
PROFIT FOR THE PERIOD	7.06	2.37	2.17	7.36	-0.38
Attributable to:
Minority Interests	n/a	n/a	n/a	n/a	n/a
Equity Holders of Parent Company	7.06	2.37	2.17	7.36	-0.38

Continuing EPS
Earnings per Share - Basic	17.12p	5.33p	4.63p	15.38p	-0.75p
Earnings per Share - Diluted	17.12p	5.33p	4.63p	15.38p	-0.75p
Earnings per Share - Adjusted	17.12p	5.33p	4.63p	15.38p	-0.75p
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	10.00p	3.00p	0.00p	0.00p	0.00p

Balance Sheet (£ m)	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-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	374.14	559.06	429.61	271.18	397.33
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
	374.14	559.06	429.61	271.18	397.33
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	15.08	5.17	14.17	3.10	6.58
Cash at Bank & in Hand	0.57	0.09	0.24	3.65	2.46
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	n/a	n/a	n/a	n/a	n/a
	15.65	5.26	14.41	6.74	9.04

Total Assets	389.79	564.31	444.02	277.93	406.37

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
	47.487	86.885	28.137	7.849	12.414

Net Current Assets	-31.84	-81.63	-13.73	-1.11	-3.37

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	0.00	0.00

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	47.49	86.89	28.14	7.85	12.41

Net Assets	342.30	477.43	415.88	270.08	393.96

Capital & Reserves
Share Capital	342.30	477.43	415.88	270.08	393.96
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	342.30	477.43	415.88	270.08	393.96

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	342.30	477.43	415.88	270.08	393.96

Ratios - based on IFRS	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
PE Ratio - Adjusted	42.17	174.48	n/a	n/a	n/a
PEG - Adjusted	0.19	11.54	n/a	n/a	n/a
Earnings per Share Growth - Adjusted	221.20%	15.12%	-69.90%	-2150.67%	-130.12%
Dividend Cover	1.71	1.78	n/a	n/a	n/a
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	1.39%	0.32%	n/a	n/a	n/a
Dividend per Share Growth	233.33%	n/a	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	853.95p	1097.31p	907.62p	573.60p	807.79p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

JPMORG.EUR - Fundamentals