2007 Annual Report - Sun Life Financial

Notes to the Financial Statements
As of and for the years ended December 31, 2007 and 2006
c. As of December 31, 2007, SLOCPI held the following number of shares in the Funds:
50 Prosperity Funds
# of Shares % of Net Assets
Bond Fund 49,999,397 3.17%
Balanced Fund 49,999,397 1.08%
Phil. Equity Fund 49,999,397 3.27%
Dollar Advantage Fund 499,397 4.45%
Money Market Fund 49,659,689 14.07%
Dollar Abundance Fund 520,192 36.43%
GS Fund 52,019,992 66%
13. NEt ASSEtS AttRIBUtABLE tO ShAREhOLDERS
In accordance with the Companies’ valuation policy, fixed-income securities with quoted market
prices and listed equity securities are valued at bid prices for the purpose of determining the NAVPS
for share subscriptions and redemptions.
Net assets attributable to shareholders (redeemable shares) represent a liability in the balance sheet,
carried at redemption amount that would be payable at the balance sheet date if the holder exercised
the right to put the share back to a Company.
Redeemable shares carries one vote each, and subject to the following:
a. Distribution of dividends
Each shareholder has a right to any dividends declared by a Company Board of Directors.
b. Denial of pre-emptive rights
No stockholder shall, because of his ownership of the stock, have a pre-emptive or other right
to purchase, subscribe for, or take any part of stock or of any other securities convertible into
or carrying options or warrants to purchase stock of a registrant.
c. Right of redemption
The holder of any share of a registrant upon its presentation to a Company, or to any of its
duly authorized representatives, is entitled to receive by way of redemption approximately
his proportionate share of a Company current net assets or the cash equivalent thereof. Shares
are redeemable at any time at their net asset value less any applicable sales charges and taxes,
if any.
Net assets values per share (NAVPS) are computed as follows:
Bond Fund Balanced Fund Phil. Equity Fund
2007 2006 2007 2006 2007 2006
Philippine Peso Philippine Peso Philippine Peso Philippine Peso Philippine Peso Philippine Peso
Net Assets attributable to
shareholders P3,015,841,286 P5,607,772,327 P10,204,749,704 P3,171,054,975 P3,216,496,648 P938,537,997
Issued and fully paid shares
Deposits for future
1,575,088,703 2,999,832,763 199,998,841 199,860,813 199,997,779 199,992,675
subscription - - 4,414,698,238 1,448,065,674 1,327,118,118 326,784,924
Net Assets Value Per Share P1.9147 P1.8694 P2.2114 P1.9243 P2.1063 1.7817