| |
Analysis of the Group’s realisation proceeds
(excluding third party co-investment funds). The analysis below
excludes divestment of non-venture capital investments in FTSE
350 companies, 31 March 2003: £nil (2002: £156 million,
2001: £49 million).
|
 |
| Realisations proceeds by geography (£m) |
|
2003
|
|
2002
|
|
2001
|
|
2000
|
|
1999
|
|
| UK |
|
727 |
|
794 |
|
1,366 |
|
986 |
|
754 |
|
| Continental Europe |
|
238 |
|
133 |
|
181 |
|
145 |
|
98 |
|
| US |
|
2 |
|
10 |
|
– |
|
– |
|
– |
|
| Asia Pacific |
|
9 |
|
2 |
|
4 |
|
1 |
|
– |
|
| Total |
|
976 |
|
939 |
|
1,551 |
|
1,132 |
|
852 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
| Realisations proceeds (£m) |
|
|
|
|
|
|
|
|
|
|
|
| IPO |
|
37 |
|
55 |
|
253 |
|
48 |
|
75 |
|
| Sale of quoted investments |
|
110 |
|
370 |
|
536 |
|
351 |
|
165 |
|
| Trade and other sales |
|
493 |
|
303 |
|
470 |
|
423 |
|
292 |
|
| Loan and fixed income share repayments |
|
336 |
|
211 |
|
292 |
|
310 |
|
320 |
|
| Total |
|
976 |
|
939 |
|
1,551 |
|
1,132 |
|
852 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
| Realisations proceeds by FTSE industrial classification
(£m) |
|
|
|
|
|
|
|
|
|
|
|
| Resources |
|
60 |
|
52 |
|
34 |
|
6 |
|
14 |
|
| Industrials |
|
294 |
|
193 |
|
211 |
|
197 |
|
262 |
|
| Consumer goods |
|
192 |
|
255 |
|
278 |
|
176 |
|
180 |
|
| Services and utilities |
|
330 |
|
288 |
|
338 |
|
497 |
|
378 |
|
| Financials |
|
42 |
|
18 |
|
33 |
|
20 |
|
18 |
|
| Information technology |
|
58 |
|
133 |
|
657 |
|
236 |
|
n/a |
|
| Total |
|
976 |
|
939 |
|
1,551 |
|
1,132 |
|
852 |
|
| n/a The current FTSE industrial
classifications came into effect on 1 April 1999. Changes made
included the introduction of information technology. With the
exception of 1999, the classification shown analyses investment
and the portfolio by FTSE classification in use at each balance
sheet date. |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| (£m) |
|
2003
|
|
2002
|
|
2001
|
|
2000
|
|
1999
|
|
| Third party unquoted co-investment funds |
|
1,587 |
|
1,995 |
|
2,131 |
|
2,261 |
|
1,470 |
|
| Quoted investment companies † |
|
452 |
|
761 |
|
870 |
|
818 |
|
474 |
|
| Total |
|
2,039 |
|
2,756 |
|
3,001 |
|
3,079 |
|
1,944 |
|
| † Also includes the 3i Group Pension Plan. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
