Download this press release as a PDF

Highlights

• A total return of £531 million representing 18.1% of opening shareholders'' funds.
• Investment in the year of £979 million (including co-investment funds), following a significant increase in the second half.
• Realisation proceeds on the sale of assets of £923 million generated realised capital profits of £228 million. Equity realisations were made at an uplift of 58% over opening values.
• Significant reduction in provisions and down rounds to £143 million and £70 million respectively. This compares with £379 million and £361 million for the same period last year.
• Revenue profit before tax of £139 million.
• Full year dividend of 14.0p up 3.7%.

Baroness Hogg, Chairman of 3i Group plc, said: 

"3i has achieved a strong overall performance. We have a highly focused business, clear competitive advantage, a strong balance sheet and good momentum on the new investment front."

3i''s Chief Executive, Brian Larcombe, commenting on the outlook, said: 

"The general macroeconomic drivers look more favourable, the business model is delivering in each of our three key areas of activity: buy-outs, growth capital and venture capital and the business has the people, the network and the capital strength to grow significant value for our shareholders."

For further information, please contact:

3i Group plc
Brian Larcombe, Chief Executive -  020 7975 3386
Michael Queen, Finance Director -  020 7975 3400
Patrick Dunne, Group Communications Director -  020 7975 3283

Maitland Consultancy
Philip Gawith -  020 7379 5151