The highlights of the results are:
Increase in the Equity Value of the Portfolio of 23.8% over the year
Net Asset Value of £70.8m (31 January 2015: £63.0m), a 12.4% increase, net of Dividend
Net Asset Value increase to 243p per share (31 January 2015: 216p)
Total return to Shareholders in the year of 13.7% (2015: 8.2%)
Consolidated profit after tax of £8.7m (31 January 2015: £4.9m), a 76% increase
Average Net Asset Value annual compound growth rate of 11.4% since 1990
Final Dividend of 3.42p per share declared (31 January 2015: 2.75p), a 24.4% increase
Cash and treasury funds balance of £5.3m, with additional cash of £7.3m expected in July
New investment in South Africa
Additional investment in Nexus
Post year-end investment in Asia
"We have concluded a year in which our Company has developed considerable confidence. The portfolio businesses are performing well as we support them in their development, we have interesting new investment opportunities in the pipeline and a healthy supply of cash." Brian Marsh OBE, Chairman
