Singapore, Thursday 7 July 2016 – Singapore-based investment company Temasek today released its annual Temasek Review, reporting a net portfolio value of S$242 billion1, and closing the year in a net cash position on 31 March 2016.
Temasek’s dividend income was a steady S$8 billion last year. This is a robust 18 times over interest expense for the year ended 31 March 2016.
Temasek’s one-year Total Shareholder Return (TSR) was -9.02% for the year, reflecting share price declines of our listed investments, offset by the performance of unlisted assets. This represents a Total Dollar Return of negative S$24 billion.
Longer term 10-year and 20-year annualised TSRs were both 6%. TSR since our inception in 1974 was 15%...
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