Welcome to 3i

For US regulatory reasons, US Residents are not to enter this site without the express permission of 3i Group plc, and 3i Group plc is not offering any securities or services in the United States or to US Residents through this site. (The term "US Residents" is defined in the detailed terms and conditions set out in the Terms and conditions page).

I am not a US resident (or I am, but I have 3i Group plc's express permission to use this site) and I accept the terms and conditions.

Terms and conditions

13 May 2010

Preliminary results for the year to 31 March 2010

  • Financial

Download this press release as a PDF

Key points

  • Total return of £407 million, a 16.2% return on opening shareholders'' funds
  • Strong realisations of £1,385 million, at good average uplifts of 19% over opening carrying value
  • Net debt reduced to £258 million (2009: £1,912m)
  • Increase in net asset value to £3.21 (opening NAV of £2.79 at 31 March 2009)

3i''s Chairman Baroness Hogg said:
"A transformed financial position, improved performance, and a substantial increase in funds available to invest have put 3i in a strong competitive position."

Michael Queen 3i''s Chief Executive added:
"I am confident we will see some outstanding opportunities in the next three years and believe we are now well placed, with a focused business model, good liquidity and a strong balance sheet to invest in and build some great businesses."

For further information, please contact:

Michael Queen, Chief Executive
3i Group plc - Tel:  020 7975 3512

Rachel Richards
Press Office - Tel:  020 7975 3573

Suzanne Bartch
Maitland Consultancy - Tel:  020 7379 5151

For further information regarding the announcement of 3i''s annual results to 31 March 2010, including a live videocast of the results presentation from 09:45am, please see www.3igroup.com.