JPE JPMORGAN ELECT PLC MANAGED GROWTH SHS 0.01P

JPMORG.M.G. Currency GBX Premium Equity Closed Ended Investment Funds

Income Statement (£ m)	31-Aug-12	31-Aug-11	31-Aug-10	31-Aug-09	31-Aug-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	4.32	3.92	3.59	5.52	6.75
Discontinued Operations
Profit After Tax	n/a	n/a	n/a	n/a	n/a
PROFIT FOR THE PERIOD	4.32	3.92	3.59	5.52	6.75
Attributable to:
Minority Interests	n/a	n/a	n/a	n/a	n/a
Equity Holders of Parent Company	4.32	3.92	3.59	5.52	6.75

Continuing EPS
Earnings per Share - Basic	6.25p	5.31p	5.02p	7.25p	5.65p
Earnings per Share - Diluted	6.25p	5.31p	5.02p	7.25p	5.65p
Earnings per Share - Adjusted	6.25p	5.31p	5.02p	7.25p	5.65p
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	5.60p	5.00p	5.85p	6.77p	6.08p

Balance Sheet (£ m)	31-Aug-12	31-Aug-11	31-Aug-10	31-Aug-09	31-Aug-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	208.43	207.07	204.27	201.57	224.28
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
	208.43	207.07	204.27	201.57	224.28
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	0.86	0.69	0.68	0.75	1.90
Cash at Bank & in Hand	3.01	4.92	1.72	4.78	7.40
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
	3.88	5.60	2.39	5.52	9.31

Total Assets	212.31	212.67	206.66	207.10	233.59

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
	0.158	0.276	0.354	1.146	0.724

Net Current Assets	3.72	5.33	2.04	4.38	8.58

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	0.02	0.00

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	0.16	0.28	0.35	1.16	0.72

Net Assets	212.15	212.39	206.31	205.93	232.87

Capital & Reserves
Share Capital	212.15	212.39	206.31	205.93	232.87
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	212.15	212.39	206.31	205.93	232.87

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	212.15	212.39	206.31	205.93	232.87

Ratios - based on IFRS	31-Aug-12	31-Aug-11	31-Aug-10	31-Aug-09	31-Aug-08
Continuing Operations
PE Ratio - Adjusted	62.16	71.94	69.52	44.28	61.33
PEG - Adjusted	3.51	12.45	-2.26	1.56	5.26
Earnings per Share Growth - Adjusted	17.70%	5.78%	-30.76%	28.32%	11.66%
Dividend Cover	1.12	1.06	0.86	1.07	0.93
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	1.44%	1.31%	1.68%	2.11%	1.75%
Dividend per Share Growth	12.00%	-14.53%	-13.59%	11.35%	-2.72%
Net Asset Value per Share (exc. Intangibles)	553.28p	519.05p	488.68p	461.21p	511.96p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

JPMORG.M.G. - Fundamentals