Financial Summary

ICG plc
Financial overview
31 March 2018 31 March 2017 31 March 2016 31 March 2015 31 March 2014
Third party funds under management €m 26,534 21,817 19,312 15,672 10,669
Balance sheet investments €m 2,164 2,008 2,270 2,340 2,311
Total funds under management €m 28,698 23,825 21,582 18,012 12,980
Profit before tax (1)(2) £m 174.8 237.5 175.6 184.1 175.1
Earnings per share (sterling pence per share) 88.8 74.5 41.9 50.3 37.0
Dividend per share (sterling pence per share) 30.0 27.0 23.0 22.0 21.0
Fund Management Company £m
Financial overview
31 March 2018 31 March 2017 31 March 2016 31 March 2015 31 March 2014
Fee income 184.9 156.7 127.3 114.5 99.7
Other income 25.2 23.0 18.9 12.8 0.9
Operating cost (114.8) (105.7) (85.0) (75.3) (65.5)
Fund Management Company profit before tax 95.3 74.0 61.2 52.0 35.1
Investment Company £m
Financial overview
31 March 2018 31 March 2017 31 March 2016 31 March 2015 31 March 2014
Net investment return 240.1 312.8 236.6 240.5 242.3
Interest expense (56.6) (53.9) (45.9) (39.8) (45.0)
Operating cost (104.0) (95.4) (76.3) (68.6) (57.3)
Investment Company profit before tax (1)(2) 79.5 163.5 114.4 132.1 140.0

1. As internally reported, excluding the consolidation of fourteen credit funds (2017: twelve) following the adoption of IFRS10 in the year to 31 March 2015 and for the year to 31 March 2016 excluding the change in the Longbow deferred consideration.

2. Excludes fair value movements on derivatives