THE BANKERS INVESTMENT TRUST PLC
Financial results for the year ended 31 October 2023
This announcement contains regulated information
| PERFORMANCE HIGHLIGHTS 1, 2 | ||
| 31 October 2023 | 31 October 2022 | |
| Net Asset Value per ordinary share | ||
| – With debt at par | 108.0p | 105.1p |
| – With debt at fair value | 111.0p | 105.0p |
| Share price at year end3 | 93.5p | 96.6p |
| Dividend per share for year4 | 2.56p | 2.328p |
| Dividend growth | 10.0% | 7.0% |
| (Discount)/premium at year end5 | (13.4%) | (8.1%) |
| Net (gearing)/cash at year end6 | (7.1%) | (5.4%) |
| Ongoing Charge for year | 0.50% | 0.50% |
| LONG TERM TRACK RECORD TO 31 OCTOBER 2023 | |||||
| 1 year% | 3 years% | 5 years% | 10 years% | 15 years% | |
| Capital return7 | |||||
| Net asset value8 | 2.8 | 10.9 | 25.2 | 85.6 | 215.2 |
| Share price | -3.2 | -4.6 | 12.0 | 61.2 | 206.6 |
| FTSE World Index9 | 3.3 | 27.5 | 41.7 | 66.3 | 173.1 |
| Total Return10 | |||||
| Net Asset Value8 | 5.2 | 17.9 | 39.2 | 132.7 | 354.9 |
| Share price | -0.7 | 1.9 | 25.1 | 103.7 | 352.5 |
| FTSE World Index9 | 5.7 | 35.8 | 58.4 | 119.5 | 331.9 |
| Dividend increase | 10.0 | 18.8 | 29.8 | 81.2 | 131.5 |
| Consumer Price Index | 4.6 | 21.1 | 23.7 | 33.2 | 53.6 |
| 1 | A glossary of terms can be found in the Annual Report |
| 2 | The alternative performance measures can be found in the Annual Report |
| 3 | Share price is the mid-market closing price |
| 4 | This represents the four ordinary dividends recommended or paid for the year (see the Annual Report for more details) |
| 5 | Based on the mid-market closing price with debt at par |
| 6 | Net (gearing)/cash calculated in accordance with the gearing definition in the alternative performance measures in the AnnualReport |
| 7 | Capital return excludes all dividends |
| 8 | The net asset values shown for the periods up to 15 years include debt at fair value, whereas for 15 years it is shown with debtat par value |
| 9 | For the 5, 10 and 15 years, this is a composite of the FTSE World Index and the FTSE All-Share Index |
| 10 | Total return assumes dividends reinvested |
| Sources: Morningstar Direct, Janus Henderson, LSEG Datastream | |