The Lemon Fool

In the 12 months to 31 December 2021, we utilised £325 million of our cash resources, comprising:
– £143m in new and follow-on investments
– £102m in dividends (net of the Dividend Reinvestment Scheme)
– £35m in share buybacks
– £27m in annual investment management fees and other running costs
– £18m performance fee payable in respect of the year ended 31 December 2020

sinterklaas wrote:Annual results just out, this paragraph caught the eye:

In the 12 months to 31 December 2021, we utilised £325 million of our cash resources, comprising:
– £143m in new and follow-on investments
– £102m in dividends (net of the Dividend Reinvestment Scheme)
– £35m in share buybacks
– £27m in annual investment management fees and other running costs
– £18m performance fee payable in respect of the year ended 31 December 2020