ARCH Arc Capital

|                             |             |             |          |                   |             |          |          | 
+-----------------------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|            Education, China |             |             |          |                   |             |          |          | 
|                 (continued) |             |             |          |                   |             |          |          | 
+-----------------------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
| Shaanxi Da    |     Common  |  42,806,849 |  42,685,554 | 7.30%    |        42,806,849 |  42,685,554 | 7.30%    |          | 
| De            |             |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|   Education   |       Stock |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
| (formerly     |             |             |             |          |                   |             |          |          | 
| Xian          |             |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|               |             |             |             |          |                   |             |          |          | 
| University)   |             |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|               |             |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|               |             |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|    Food services, Hong Kong |             |             |          |                   |             |          |          | 
+-----------------------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
| International | Convertible |   5,000,000 |           - | 0.00%    |         5,000,000 |           - | 0.00%    |          | 
|               |             |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|               |       Notes |             |             |          |                   |             |          |          | 
| Restaurants   |             |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
| Holdings      |             |             |             |          |                   |             |          |          | 
| Limited       |             |             |             |          |                   |             |          |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|               |             |  __________ | ___________ | ________ |       ___________ | ___________ | ________ |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
| Total         |             | 489,749,267 | 661,496,412 | 113.32%  |       533,673,270 | 690,663,238 | 118.08%  |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|               |             | =========== | =========== | ======== |      ============ | =========== | ======== |          | 
+---------------+-------------+-------------+-------------+----------+-------------------+-------------+----------+----------+ 
|               |             |             |             |          |          |        |             |          |          | 
+---------------+-------------+-------------+-------------+----------+----------+--------+-------------+----------+----------+ 
 
#  Name of investee is not disclosed due to confidentiality arrangement. 
 
The accompanying notes are an integral part of these consolidated financial 
statements. 
 
 
Consolidated Statement of Operations for the period ended 30 June 2010 
 
+----------------------------------+-------+------------+----------+----------------------+ 
|                                  |       |              6 months |             6 months | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |       |      ended |                           ended | 
+----------------------------------+-------+------------+---------------------------------+ 
|                                  |       |               30 June |              30 June | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |  Note |                  2010 |                 2009 | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |       |                   US$ |                  US$ | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Investment income                |       |           (unaudited) |          (unaudited) | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |       |                       |                      | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Interest income from investments |       |                     - |              250,000 | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Other interest income            |       |                38,515 |              219,299 | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Dividend income                  |       |               796,284 |              790,549 | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |       |                       |                      | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Total investment income          |       |               834,799 |            1,259,848 | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |       |   ------------------- |  ------------------- | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Expenses                         |       |                       |                      | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |       |                       |                      | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Investment management fee        |     4 |             5,764,696 |            5,690,880 | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Performance fee                  |     5 |                     - |                    - | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Administration, custodian and    |       |               197,998 |              219,003 | 
| registrar fees                   |       |                       |                      | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Professional fees                |       |             1,164,722 |            1,202,580 | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Directors' fees                  |     6 |                54,167 |               56,096 | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Finance costs                    | 11(b) |             8,664,691 |            5,662,253 | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Other expenses                   |       |               521,061 |            1,331,873 | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |       |                       |                      | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Total expenses                   |       |            16,367,335 |           14,162,685 | 
+----------------------------------+-------+-----------------------+----------------------+ 
|                                  |       |   ------------------- |  ------------------- | 
+----------------------------------+-------+-----------------------+----------------------+ 
| Net investment loss before       |       |                       |                      | 

Grafico Azioni Arc Capital (LSE:ARCH)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Arc Capital (LSE:ARCH)
Storico
Da Lug 2023 a Lug 2024