Edinburgh Dragon Trust Plc reported audited earnings results for the year ended August 31, 2012. For the year, the company's income was £16.1 million compared with £17.1 million a year ago. Net return before finance costs and taxation was £35.8 million compared with £24.1 million a year ago. Return on ordinary activities before taxation was £33.0 million compared with £22.3 million a year ago. Return on ordinary activities after taxation was £32.5 million or 16.53 pence per basic and diluted share compared with £21.7 million or 11.07 pence per basic and diluted share a year ago. As on August 31, 2012, the company's net asset value per ordinary share was 264.70 pence. Net cash inflow from operating activities was £9.8 million compared with £10.2 million a year ago.

The company proposed final dividend of 2.20 pence per share for 2012. The final dividend will be paid on 14 December 2012 to shareholders on the register at the close of business on 16 November 2012.

Iain Watt, who has been a Director of Edinburgh Dragon Trust since launch, will step down at the forthcoming Annual General Meeting after many years of valuable service to the Board.