Temasek closes active year with 19% one-year return; net portfolio value at S$266 billion

7 July 2015

• One-year return to shareholder of 19.20%
  Underpinned by strong performance of Singapore and China portfolios 
• Portfolio value up S$43 billion year-on-year to S$266 billion
  More than double the portfolio value of S$103 billion 10 years ago
• New investments of S$30 billion
  Almost half in growing Asia, followed by recovering North America and Europe
• Record divestments of S$19 billion
  Capitalising on liquidity-driven market rallies
• Three-year return to shareholder of 9.62% 
  10- and 20-year return to shareholder of 9% and 7% respectively 
• Return to shareholder of 16% compounded annually since 1974

Singapore, Tuesday 7 July 2015 – Singapore-based investment company Temasek today reported a net portfolio value of S$266 billion[1] as at 31 March 2015, up S$43 billion from the previous year, with a 19.20% one-year Total Shareholder Return (TSR)[2] for the year. 

Temasek ended the year in a net cash position. 

Three-year TSR was 9.62%.  Longer term 10-year and 20-year TSRs were 9% and 7% respectively. TSR since our inception in 1974 was 16%. 

Temasek Chairman Mr Lim Boon Heng said, “This was the most active year for us since the Global Financial Crisis.  We made S$30 billion of new investments, and a record S$19 billion of divestments.”