S. A. Meacock & Co Limited has confirmed that the result of Syndicate 727’s 2011 account is a profit of 10.4% of capacity (previously estimated range 3% to 13%). The 2012 account continues to be forecast to produce a result between a 3% loss and a 15% profit. Both are after deduction of all standard personal expenses other than members agents’ fees and are based on a rates of exchange of US$1.66:£1 and Can$1.76:£1.