Temasek Holdings (Private) Limited (“Temasek”) today released the tenth edition of our annual performance review, Temasek Review 2013 – Beyond Investing, said in the company's press release.
At the financial year end of 31 March 2013, Temasek delivered a record net portfolio value of S$215 billion, with a net cash position; up S$17 billion from S$198 billion the previous year.
Mr S Dhanabalan, Chairman, Temasek, said, - “Last year, there were some signs of a recovery in the global economy. The severe disruptive risks from the global financial crisis subsided, but structural risks have not been completely resolved.
Despite the turmoil over the last decade, the Temasek portfolio value more than tripled in Singapore dollar terms from a trough of S$61 billion in March 2003, when the SARS epidemic hit Asia.
While we have increased our exposure in North America and Europe, Asia continued to attract the largest proportion of our investments. We remain anchored in Asia and are optimistic about its long term growth.”
Net portfolio value:
31 March 2013: S$215 billion
31 March 2012: S$198 billion
31 March 2011: S$193 billion
31 March 2010: S$186 billion
31 March 2009: S$130 billion
S$ Total Shareholder Return (%) as at 31 March 2013
One-year : 8.86%
Three-year : 4.94%
10-year : 13%
20-year : 14%
Since 1974 : 16%
Cumulative investments & divestments for the year
Investments: S$20 billion
Divestments: S$13 billion
Group shareholder equity
31 March 2013: S$169 billion
31 March 2012: S$158 billion
31 March 2011: S$155 billion
31 March 2010: S$150 billion
31 March 2009: S$118 billion
Group net profit
31 March 2013: S$11 billion
31 March 2012: S$11 billion
31 March 2011: S$13 billion
31 March 2010: S$5 billion
31 March 2009: S$6 billion
About Temasek
Incorporated in 1974, Temasek is an investment company based in Singapore, with 11 affiliates and offices in Asia and Latin America. Temasek owns a S$215 billion portfolio as at 31 March 2013, mainly in Singapore and Asia.
Temasek’s portfolio covers a broad spectrum of industries: financial services; telecommunications, media & technology; transportation, logistics and industrials; life sciences, consumer & real estate; energy & resources.
Total shareholder return since inception in 1974 has been 16% compounded annually.
Temasek has a corporate credit rating of AAA/Aaa by rating agencies Standard & Poor's and Moody's respectively.