Mise en page 1 - UniCredit Bank Slovakia as
Mise en page 1 - UniCredit Bank Slovakia as Mise en page 1 - UniCredit Bank Slovakia as
Statement of Operations and Changes in Net Assets for the year ended 31 December 2012 (continued) Income Dividends, net Interest on securities Interest on bank accounts Interest on swaps Income from securities lending Other income Total Income Pioneer Funds - Absolute Return Currencies EUR - 1,289,222 38,227 - - 28,384 1,355,833 Pioneer Funds - Absolute Return Commodity (4) EUR - 100,725 160 785 - - 101,670 Pioneer Funds - Absolute Return European Equity EUR - 681,070 28,897 - - 31,403 741,370 Expenses Management fees Distribution fees Depositary & administration fees Taxe d’abonnement Professional fees Printing & publishing fees Performance fees Interest on swaps Other charges Total Expenses Net Operational Income/(Loss) (808,495) (10,336) (136,233) (8,941) (3,304) (3,733) (59,620) - (38,826) (1,069,488) 286,345 (26,618) (36) (5,124) (1,648) (123) (141) - (28,530) (4,901) (67,121) 34,549 (1,398,689) (53) (199,704) (22,717) (1,584) (3,060) - - (506,736) (2,132,543) (1,391,173) Statement of Changes In Net Assets Net asset value at the beginning of the year Net Operational Income/(Loss) 109,903,113 286,345 - 34,549 215,178,014 (1,391,173) Net realised gain/(loss) on sales of securities Net realised gain/(loss) on foreign exchange Net realised gain/(loss) on forward foreign exchange contracts Net realised gain/(loss) on financial futures contracts Net realised gain/(loss) on options Net realised gain/(loss) on Contracts For Differences Net realised gain/(loss) on swaps Net Realised Gain/(Loss) (1,812,052) 2,156,563 96,393 - (2,474,835) - - (2,033,931) (72,107) (1,433) - - - - (44,098) (117,638) 562,383 (152,116) (2,063) (1,344,789) - 2,930,576 - 1,993,991 Net change in unrealised gain/(loss) on securities Net change in unrealised gain/(loss) on forward foreign exchange contracts Net change in unrealised gain/(loss) on financial futures contracts Net change in unrealised gain/(loss) on options Net change in unrealised gain/(loss) on Contracts For Differences Net change in unrealised gain/(loss) on swaps Net Change in Unrealised Gain/(Loss) for the Year Net Increase/(Decrease) in Net Assets as a Result of Operations 1,847,026 494,854 - 436,865 - - 2,778,745 1,031,159 (24,605) - - - - (7,676) (32,281) (115,370) (453,503) (13,210) - - (2,047,287) - (2,514,000) (1,911,182) Net subscriptions/(redemptions) Dividend declared Net Asset Value at Year End (31,048,862) (10) 79,885,400 2,521,989 - 2,406,619 (174,089,538) - 39,177,294 Footnotes available at the end of this section. The accompanying notes form an integral part of these financial statements. 52 Pioneer Funds - Annual Report
Statement of Operations and Changes in Net Assets for the year ended 31 December 2012 (continued) Income Dividends, net Interest on securities Interest on bank accounts Interest on swaps Income from securities lending Other income Total Income Pioneer Funds - Absolute Return Asian Equity EUR - 454,242 7,821 - - 24,005 486,068 Pioneer Funds - Absolute Return Multi-Strategy EUR 351,072 2,843,340 74,067 146,727 7,643 - 3,422,849 Pioneer Funds - Absolute Return Multi-Strategy Growth EUR 351,171 1,775,428 8,417 178,426 5,531 - 2,318,973 Expenses Management fees Distribution fees Depositary & administration fees Taxe d’abonnement Professional fees Printing & publishing fees Performance fees Interest on swaps Other charges Total Expenses Net Operational Income/(Loss) (330,554) - (69,874) (2,979) (1,159) (1,312) - - (370,176) (776,054) (289,986) (1,011,322) (3,016) (148,531) (46,980) (8,488) (4,118) (6) (97,699) (36,194) (1,356,354) 2,066,495 (812,484) (61,482) (107,345) (34,060) (4,656) (2,906) (26) (103,420) (16,181) (1,142,560) 1,176,413 Statement of Changes In Net Assets Net asset value at the beginning of the year Net Operational Income/(Loss) 41,761,192 (289,986) 137,658,856 2,066,495 86,971,635 1,176,413 Net realised gain/(loss) on sales of securities Net realised gain/(loss) on foreign exchange Net realised gain/(loss) on forward foreign exchange contracts Net realised gain/(loss) on financial futures contracts Net realised gain/(loss) on options Net realised gain/(loss) on Contracts For Differences Net realised gain/(loss) on swaps Net Realised Gain/(Loss) (424,304) 44,645 (40,469) 829,140 (514,319) (1,015,281) - (1,120,588) 3,582,715 (71,399) (732,257) (1,912,377) (364,483) - 157,736 659,935 4,360,032 47,989 (951,841) (1,818,609) (353,918) - 196,396 1,480,049 Net change in unrealised gain/(loss) on securities Net change in unrealised gain/(loss) on forward foreign exchange contracts Net change in unrealised gain/(loss) on financial futures contracts Net change in unrealised gain/(loss) on options Net change in unrealised gain/(loss) on Contracts For Differences Net change in unrealised gain/(loss) on swaps Net Change in Unrealised Gain/(Loss) for the Year Net Increase/(Decrease) in Net Assets as a Result of Operations 77,347 (5,252) (27,320) - 10,637 - 55,412 (1,355,162) 2,064,407 641,375 140,382 (27,356) - 37,117 2,855,925 5,582,355 623,748 871,261 139,117 (17,116) - 238,401 1,855,411 4,511,873 Net subscriptions/(redemptions) Dividend declared Net Asset Value at Year End (15,193,401) - 25,212,629 (62,867,267) - 80,373,944 (28,874,859) (269,217) 62,339,432 The accompanying notes form an integral part of these financial statements. Pioneer Funds - Annual Report 53
- Page 3 and 4: Table of Contents Annual Commentary
- Page 5 and 6: Table of Contents Pioneer Funds - E
- Page 7 and 8: Table of Contents Pioneer Funds - L
- Page 9 and 10: Pioneer Funds Annual Report 2012 An
- Page 11 and 12: Pioneer Funds Annual Report 2012 An
- Page 13 and 14: Risk Disclosure (continued) Sub-Fun
- Page 15 and 16: Risk Disclosure (continued) Sub-Fun
- Page 17 and 18: Risk Disclosure (continued) Sub-Fun
- Page 19 and 20: Risk Disclosure (continued) Maximum
- Page 21 and 22: Statement of Net Assets as at 31 De
- Page 23 and 24: Statement of Net Assets as at 31 De
- Page 25 and 26: Statement of Net Assets as at 31 De
- Page 27 and 28: Statement of Net Assets as at 31 De
- Page 29 and 30: Statement of Net Assets as at 31 De
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- Page 43 and 44: Statement of Net Assets as at 31 De
- Page 45 and 46: Statement of Operations and Changes
- Page 47 and 48: Statement of Operations and Changes
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- Page 65 and 66: Statement of Operations and Changes
- Page 67 and 68: Statement of Unit Statistics as at
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Statem<strong>en</strong>t of Operations and Changes in Net Assets<br />
for the year <strong>en</strong>ded 31 December 2012 (continued)<br />
Income<br />
Divid<strong>en</strong>ds, net<br />
Interest on securities<br />
Interest on bank accounts<br />
Interest on swaps<br />
Income from securities l<strong>en</strong>ding<br />
Other income<br />
Total Income<br />
Pioneer Funds -<br />
Absolute Return<br />
Asian Equity<br />
EUR<br />
-<br />
454,242<br />
7,821<br />
-<br />
-<br />
24,005<br />
486,068<br />
Pioneer Funds -<br />
Absolute Return<br />
Multi-Strategy<br />
EUR<br />
351,072<br />
2,843,340<br />
74,067<br />
146,727<br />
7,643<br />
-<br />
3,422,849<br />
Pioneer Funds -<br />
Absolute Return<br />
Multi-Strategy Growth<br />
EUR<br />
351,171<br />
1,775,428<br />
8,417<br />
178,426<br />
5,531<br />
-<br />
2,318,973<br />
Exp<strong>en</strong>ses<br />
Managem<strong>en</strong>t fees<br />
Distribution fees<br />
Depositary & administration fees<br />
Taxe d’abonnem<strong>en</strong>t<br />
Professional fees<br />
Printing & publishing fees<br />
Performance fees<br />
Interest on swaps<br />
Other charges<br />
Total Exp<strong>en</strong>ses<br />
Net Operational Income/(Loss)<br />
(330,554)<br />
-<br />
(69,874)<br />
(2,979)<br />
(1,159)<br />
(1,312)<br />
-<br />
-<br />
(370,176)<br />
(776,054)<br />
(289,986)<br />
(1,011,322)<br />
(3,016)<br />
(148,531)<br />
(46,980)<br />
(8,488)<br />
(4,118)<br />
(6)<br />
(97,699)<br />
(36,194)<br />
(1,356,354)<br />
2,066,495<br />
(812,484)<br />
(61,482)<br />
(107,345)<br />
(34,060)<br />
(4,656)<br />
(2,906)<br />
(26)<br />
(103,420)<br />
(16,181)<br />
(1,142,560)<br />
1,176,413<br />
Statem<strong>en</strong>t of Changes In Net Assets<br />
Net <strong>as</strong>set value at the beginning of the year<br />
Net Operational Income/(Loss)<br />
41,761,192<br />
(289,986)<br />
137,658,856<br />
2,066,495<br />
86,971,635<br />
1,176,413<br />
Net realised gain/(loss) on sales of securities<br />
Net realised gain/(loss) on foreign exchange<br />
Net realised gain/(loss) on forward foreign exchange contracts<br />
Net realised gain/(loss) on financial futures contracts<br />
Net realised gain/(loss) on options<br />
Net realised gain/(loss) on Contracts For Differ<strong>en</strong>ces<br />
Net realised gain/(loss) on swaps<br />
Net Realised Gain/(Loss)<br />
(424,304)<br />
44,645<br />
(40,469)<br />
829,140<br />
(514,319)<br />
(1,015,281)<br />
-<br />
(1,120,588)<br />
3,582,715<br />
(71,399)<br />
(732,257)<br />
(1,912,377)<br />
(364,483)<br />
-<br />
157,736<br />
659,935<br />
4,360,032<br />
47,989<br />
(951,841)<br />
(1,818,609)<br />
(353,918)<br />
-<br />
196,396<br />
1,480,049<br />
Net change in unrealised gain/(loss) on securities<br />
Net change in unrealised gain/(loss) on forward foreign exchange contracts<br />
Net change in unrealised gain/(loss) on financial futures contracts<br />
Net change in unrealised gain/(loss) on options<br />
Net change in unrealised gain/(loss) on Contracts For Differ<strong>en</strong>ces<br />
Net change in unrealised gain/(loss) on swaps<br />
Net Change in Unrealised Gain/(Loss) for the Year<br />
Net Incre<strong>as</strong>e/(Decre<strong>as</strong>e) in Net Assets <strong>as</strong> a Result of Operations<br />
77,347<br />
(5,252)<br />
(27,320)<br />
-<br />
10,637<br />
-<br />
55,412<br />
(1,355,162)<br />
2,064,407<br />
641,375<br />
140,382<br />
(27,356)<br />
-<br />
37,117<br />
2,855,925<br />
5,582,355<br />
623,748<br />
871,261<br />
139,117<br />
(17,116)<br />
-<br />
238,401<br />
1,855,411<br />
4,511,873<br />
Net subscriptions/(redemptions)<br />
Divid<strong>en</strong>d declared<br />
Net Asset Value at Year End<br />
(15,193,401)<br />
-<br />
25,212,629<br />
(62,867,267)<br />
-<br />
80,373,944<br />
(28,874,859)<br />
(269,217)<br />
62,339,432<br />
The accompanying notes form an integral part of these financial statem<strong>en</strong>ts.<br />
Pioneer Funds - Annual Report 53