F&C Global Smaller Companies PLC announced audited earnings results for the year ended April 30, 2018. For the year, the company reported gains on investments of £66,345,000 against £162,084,000 a year ago. Net return before finance costs and taxation was £73,647,000 against £169,612,000 a year ago. Net return on ordinary activities before taxation was £72,120,000 against £167,843,000 a year ago. Net return attributable to equity shareholders were £71,438,000 or 118.32 pence diluted per share against £167,177,000 or 281.59 pence basic and diluted per share a year ago. Cash inflows from operating activities were £5,337,000 against cash outflows from operating activities of £3,452,000 a year ago. Net asset value per share (diluted) as at April 30, 2018 was 1,368.80 pence against 1,263.52 pence a year ago.