3i Group plc Report and accounts 2005

Notes to the accounts

Notes to the accounts list

1 Segmental analysis of total return
The Group carries on its private equity business in four geographical areas, the United Kingdom, continental Europe, the US and Asia and has one principal activity – the making of investments. The information shown below is based on the geographical location of investee companies.
Geographical areas
 United
Kingdom
2005
£m		 Continental
Europe
2005
£m
US
2005
£m
Asia
2005
£m
Total
2005
£m
Interest receivable and similar income arising from debt securities and other fixed income securities held as financial fixed asset investments 62 38 – 1 101
Dividend income from equity shares 94 10 – – 104
Fees receivable 28 27 – 2 57
Other income 42 4 – – 46
Total operating income before interest payable 226 79 – 3 308
Revenue profit before tax 136 26 (5) (1) 156
Capital profit before tax 260 113 4 (15) 362
Total return before tax 396 139 (1) (16) 518
Net assets 2,840 592 127 78 3,637
Total assets 3,316 1,982 314 89 5,701

Geographical areas
 United
Kingdom
2004
(as restated)*
£m		 Continental
Europe
2004
(as restated)*
£m
US
2004
(as restated)*
£m
Asia
2004
(as restated)*
£m
Total
2004
(as restated)*
£m
Interest receivable and similar income arising from debt securities and other fixed income securities held as financial fixed asset investments 67 22 2 1 92
Dividend income from equity shares 83 10 1 – 94
Fees receivable 22 24 – 2 48
Other income 28 5 – – 33
Total operating income before interest payable 200 61 3 3 267
Revenue profit before tax 123 13 (1) 1 136
Capital profit before tax 257 131 (26) 30 392
Total return before tax 380 144 (27) 31 528
Net assets 2,240 848 84 58 3,230
Total assets 3,332 1,703 211 84 5,330
*As restated to reflect the adoption of FRS 17 – Retirement Benefits and UITF 38 – Accounting for ESOP Trusts. See Basis of preparation.