Financial Highlights (as at 31 December 2015 unless otherwise stated)
Strong Net Asset Value ('NAV') growth of 21.5% to £1,290.2 million (31 December 2014: £1,062.1 million) with NAV per share increasing 2.5% to 130.2 pence (31 December 2014: 127.0 pence)1
Full year 2015 fully covered cash dividend declared, up c.2.5% to 6.45 pence per share (31 December 2014: 6.30 pence per share)2
Minimum target dividend for 2016 financial year of 6.65 pence per share and 2017 of 6.82 pence per share, an average increase of c.2.5%3 in each period
IFRS profit before tax of £79.9 million (31 December 2014: £71.2 million)
Significant degree of inflation linkage within the portfolio with a 0.76% projected annual increase in return for a 1% increase over anticipated portfolio inflation
Total Shareholder Return since listing in 2006 of 115.0%, compared to 49.2% on the FTSE All Share over that same period4
