Downing Two VCT Plc Reports Audited Earnings Results for the Year Ended December 31, 2016
Downing Two VCT Plc reported audited earnings results for the year ended December 31, 2016. For the year, the company reported income of £1,046,000 compared to £2,663,000 a year ago. Return on ordinary activities before tax was £962,000 compared to £1,700,000 a year ago. Return for the year and total comprehensive income was £845,000 compared to £1,499,000 a year ago. Basic and diluted loss per C Share was 0.4 pence compared to basic and diluted return per C Share of 5.2 pence a year ago. Basic and diluted return per D share was 1.7 pence compared to 7.2 pence a year ago. Basic and diluted return per F Share was 2.8 pence compared to 1.1 pence a year ago. Basic and diluted return per G Share was 2.2 pence compared to 1.1 pence a year ago. Basic and diluted loss per K Share was 1.4 pence. Net cash inflow from operating activities was £281,000 compared to £1,178,000 a year ago.