Coronation Infrastructure Fund H1 2026 Financial Results
Coronation Infrastructure Fund (CNIF) filed its management accounts for the half-year period ended 30 June 2026, approved by management on 8 July 2026. The filing contains the fund's statement of financial position, statement of comprehensive income, and accompanying notes.
Coronation Infrastructure Fund (CNIF) has released its unaudited management accounts for the six-month period ended 30 June 2026, submitted to the market on 16 July 2026.
The fund recorded total comprehensive income of ₦791.5 million for the period. Interest income was the primary revenue driver at ₦881.8 million, comprising ₦576.8 million from infrastructure loans and ₦305.0 million from placements. Other income contributed ₦8.0 million. Operating expenses for the period stood at ₦98.3 million, with management fees accounting for the largest share at ₦74.3 million.
As at 30 June 2026, total assets were ₦9.88 billion, made up of cash and bank balances of ₦3.51 billion and financial assets measured at amortised cost — primarily infrastructure loans — of ₦6.37 billion. Total liabilities were ₦53.3 million, leaving net assets attributable to unitholders at ₦9.83 billion.
Unitholders' contribution stood at ₦8.79 billion, with retained earnings of ₦2.76 billion. The notes reflect a cumulative distribution movement of negative ₦2.52 billion, with no distribution payable to unitholders shown as at the reporting date. No fair value gains or losses on FVPL assets were recorded during the period.
