422 0 Kommentare Clairvest Reports Fiscal 2016 Third Quarter Results - Seite 3

4,353
656 7,927 22,815 Other income from treasury funds, investee companies and the CEP Funds 7,453 2,164 16,141 14,151 Total expenses, excluding income taxes 6,775 6,862 23,969 38,509 Net income (loss) and comprehensive income (loss) 11,930 (2,907) 22,701 32,996 Basic and fully diluted net income (loss) per share 0.78 (0.19) 1.50 2.18

Financial Position ⁽¹⁾	December 31, 2015	March 31, 2015
($000's, except share information and per share amounts)	$	$
Total assets	543,417	531,207
Total cash, cash equivalents and temporary investments	114,509	157,155
Unrealized carried interest from the CEP Funds	55,918	53,738
Corporate investments, at fair value	316,706	291,421
Total liabilities	75,161	83,513
Book value⁽²⁾	468,256	447,694
Common shares outstanding	15,214,095	15,134,095
Book value per share⁽²⁾	30.78	29.58

⁽¹⁾ Under IFRS, the Company is required to fair value certain acquisition entities and wholly-owned holding entities and record them as corporate investments. The Company is also required to recognize as revenue that portion of the carried interest from the CEP Funds which are allocated to the principals and employees of Clairvest through various limited partnerships which are controlled by Clairvest. In addition, Clairvest is required to record a liability for any entitlements of limited partners of a partnership where the limited partners are not part of the consolidated group of the Company but where the partnership is required to be consolidated by the Company. Accordingly, that portion of the carried interest from the CEP Funds that is allocated to the limited partners of these partnerships ("MIP Partnerships") and the carried interest payable to MIP Partnerships by other partnerships which are consolidated by Clairvest (collectively, the "Management Entitlements") are recorded as an expense and a liability of the Company.