 We focus on buy-outs, growth capital and early stage technology and invest across Europe, in the United States
and in Asia Pacific.
Our competitive advantage comes from our international network and the strength and breadth of our relationships in business. This network provides unrivalled market access, helps us to win the deals we want to do and is a source of added value in building and realising value for our shareholders. |
|
 |
 |
| |
6 months to
30 September
2003 |
12 months to
31 March
2003 |
6 months to
30 September
2002 |
|
 |
| Total return |
£359m |
£(935)m |
£(570)m |
|
|
| Return on opening shareholders' funds |
12.2% |
(23.7)% |
(14.4)% |
|
|
| Revenue profit after tax* |
£64m |
£140m |
£73m |
|
|
| Realisation proceeds |
£503m |
£976m |
£619m |
|
|
| Realised profits on disposal of investments |
£129m |
£184m |
£118m |
|
|
| Unrealised profits/(losses) on revaluation of investments |
£215m |
£(1,165)m |
£(701)m |
|
|
| Investment |
£273m |
£931m |
£393m |
|
|
Diluted net asset value
per share |
534p |
480p |
548p |
|
|
| Interim dividend per share |
5.1p |
13.5p |
** 4.9p |
|
|
|
*Revenue profit after tax for the six months to 30 September 2002 is a pro forma figure derived as described in the Basis of preparation.
The comparative amount originally reported was £47 million. **Dividend per share for the year to 31 March 2003.
Investment amounts referred to in this Interim report relate to investments made by 3i Group and third party unquoted funds managed by 3i, unless otherwise stated.
Portfolio and realisation amounts referred to in this Interim report relate to assets owned by 3i Group and exclude assets managed on behalf of third parties, unless otherwise stated. |
|
