Increase in NAV during the period was driven by £72 million net realised and unrealised gains, offset by £21 million unrealised foreign exchange loss.
Net earnings in H1 2024
£46m
Movement in NAV (£m)
Increase in Investments largely driven by £200 million of new investments during the period.
Realised and unrealised gains on investments
£51m
Movement in the value of investments (£m)
A resilient performance from a well-rounded portfolio of companies.
This chart summarises the 10 largest movements in realised and unrealised gains/(losses) of the portfolio companies during the period on a look-through basis.
Movement in the value of portfolio companies (£m)
See ‘Attribution analysis’ definition within the Glossary for an explanation of methodology.