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 -
European Research
EUR
18,422,202
43
32,442
-
1,496,644
-
19,951,331
Pioneer Funds -
European Potential
EUR
5,536,045
-
31,330
-
-
-
5,567,375
Pioneer Funds -
European Equity
Target Income
EUR
850,635
-
469
-
-
-
851,104
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)
(9,609,273)
(656)
(1,125,971)
(348,827)
(43,521)
(29,590)
(2,115)
-
(217,176)
(11,377,129)
8,574,202
(3,951,133)
(306,321)
(385,001)
(114,839)
(14,579)
(10,109)
(7,949)
-
(132,682)
(4,922,613)
644,762
(190,212)
-
(24,663)
(7,264)
(596)
(670)
-
-
(10,558)
(233,963)
617,141
Statement of Changes In Net Assets
Net asset value at the beginning of the year
Net Operational Income/(Loss)
823,704,334
8,574,202
241,223,938
644,762
5,002,505
617,141
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)
40,554,707
544,957
958,532
10,179,117
787,785
-
-
53,025,098
12,334,042
(199,957)
-
-
-
-
-
12,134,085
(20,477)
543
-
(28,355)
333,474
-
-
285,185
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
66,493,238
(1,693,328)
(1,364,296)
-
-
-
63,435,614
125,034,914
43,459,076
-
-
-
-
-
43,459,076
56,237,923
1,069,028
-
-
38,987
-
-
1,108,015
2,010,341
Net subscriptions/(redemptions)
Dividend declared
Net Asset Value at Year End
(275,751,321)
-
672,987,927
(36,096,258)
-
261,365,603
28,771,874
(408,658)
35,376,062
The accompanying notes form an integral part of these financial statements.
56 Pioneer Funds - Annual Report