temasek financial report 2020

Temasek has just announced that it closed the financial year ended 31 March 2020 with a Net Portfolio Value (NPV) of S$306 billion. subsidiaries, such as Singtel, Singapore Airlines, PSA and ST Engineering. Our Temasek Charter roles as an investor, institution and steward shape our investment stance, ethos and philosophy, to do well, do right and do good. Written by Ursula Florene Published on 26 Oct 2020. As of 31 March 2020, the net portfolio value or NPV is at S$306 billion. Singapore's convergence with IFRS. Finance. Enter Techmeme snapshot date and time: Cancel Mediagazer memeorandum WeSmirch. year ended, Group net profit, including unrealised mark to market losses of sub-20% investments, Adopting International Accounting Standards. Mercedes Ruehl / Financial Times: Google, Temasek, and Bain & Company report: investments in Indonesia's tech sector in the first half of 2020 totaled $2.8B, up 55% from the same period in 2019. Singapore’s state-owned investor Temasek Holdings Pte. Download the Full Financial Statements. has made the rare decision to delay its annual report until September, blaming Covid-19 for hampering the global flow of financial information. Temasek adopted the International Financial Reporting Standards (IFRS), in line with Read our Chairman's message Watch Temasek Year in Review We ended the year with a net portfolio value of S$306 billion. has made the rare decision to delay its annual report until September, blaming Covid-19 for hampering the global flow of financial … The TSR since 1974 … Copyright © 2020 Temasek Holdings (Private) Limited. Summary Reports (Multiple Languages) Download in English. Here are Temasek's major investment holdings in 2020. SPORT. The information in this report is provided on an “as is” basis. LIM BOON HENG Chairman, Temasek Holdings A promising 2019 was cut short by the arrival of the COVID-19 pandemic in the last quarter of our financial year ended 31 March 2020. Temasek reports a net portfolio value (NPV) of S$306 billion as at 31 March 2020. After some truly heroic number crunching, we determine that Temasek's market cap for its financial services investments in March 2020 stands at S$51.09 billion. Report Highlights. They are usually payable in June for Semester 1 and December for Semester 2. The billing periods for AY 2020/2021 are: Semester 1: 20 April 2020 – 18 October 2020 Semester 2: 19 October 2020 – 18 April 2021. As a leading internet platform in Southeast Asia and Taiwan, Sea's mission is to better the lives of consumers and small businesses within the region Mercedes Ruehl / Financial Times: Google, Temasek, and Bain & Company report: investments in Indonesia's tech sector in the first half of 2020 totaled $2.8B, up 55% from the same period in 2019. Enter Techmeme snapshot date and time: Cancel Mediagazer memeorandum WeSmirch. In 2018, ENTERTAINMENT. You can find out more information here. Singapore's convergence with IFRS. Sign in to view your emails. Temasek said in a statement that prior to the onset of the COVID-19 pandemic in the last quarter of the financial year, its net portfolio value had been "growing steadily and trending well". Singapore’s state-owned investment company Temasek Holdings invested S$32 billion (US$23.36 billion) in its last financial year ended March 2020, the largest annual sum since 2008, as it stepped up exposure to the technology, financial and life sciences sectors in China, Europe and the US. We are the auditors of Temasek Holdings (Private) Limited (“Temasek”). Last year, we delivered a carbon neutral Temasek at the company level, and committed to reducing net emissions attributable to our portfolio to half the 2010 levels by 2030. The size of Temasek’s portfolio fell to 306 billion Singapore dollars ($223.73 billion) for the financial year that ended March 31, around 2.2% lower than the previous year’s 313 billion Singapore dollars, the company said in its annual report. Temasek Group Financials are a consolidation of financial information of Temasek and its operating subsidiaries, such as Singtel, Singapore Airlines, PSA and ST Engineering. Download in Vietnamese Download e-Conomy SEA … TEMASEK Financial (I) Limited (TFin-I) has issued below par an oversubscribed US$2.75 billion three-tranche deal of guaranteed bonds, which include a record 50-year tenor, after garnering robust interest from investors.. The information included in this report is sourced as “Google, Temasek and Bain, e-Conomy SEA 2020” except from third parties specified otherwise. SUBSCRIBE. Temasek’s participation makes it the first Asia-based member as well as the first state-backed investor to become involved in the project. From programmes piloted by evidence-based results, to sustainable long-term solutions, our programmes aim to strengthen social resilience of Singaporeans and their households, foster mutual exchanges in the region, and advance science and … Since our inception, we have evolved from a Singapore investor to one with a global reach and focus. In 2018, Temasek adopted the International Financial Reporting Standards (IFRS), in line with Singapore's convergence with IFRS.This included the adoption of IFRS 9: Financial Instruments in 2018 and IFRS 16: Leases in 2019. This included the adoption of IFRS 9: Financial Instruments in 2018 The information included in this report is sourced as “Google, Temasek and Bain, e-Conomy SEA 2020” except from third parties specified otherwise. Temasek is an investment company with a net portfolio value of S$306 billion as of 31 March 2020. The report tracks five key verticals of digital financial services: payments, remittance, lending, insurance and investments. This value is the same as its preliminary portfolio performance. Temasek has announced it will delay its annual reporting from July til September this year. Its one-year total shareholder returns shrank by 2.28 per cent this year, affirming the company’s downbeat projections in July. Their investment approach is outlined below. Therefore, Temasek's annual reporting will be pushed back to "accommodate this delay of global consolidation for financial reporting", she said. and IFRS 16: Leases in 2019. Home River Leaderboards About … Our Programmes. The financing could reach about USD 350 million, which is short of Tokopedia’s initial goal of USD 500 million to USD 1 billion. Our Chairman, Mr Lee Kok Choy, and Principal & CEO, Mr Peter Lam, sat down to reflect on an eventful financial year ending 31 March 2020. It is often said that how you invest is a reflection of where you see the future going. In 2018 , Temasek adopted the International Financial Reporting Standards (IFRS), in line with Singapore's convergence with IFRS. The technology, financial services and life sciences sectors continued to see significant investment activity. Most people would have expected a worse result. We are ready to face an uncharted future, and will continue to invest the nation’s foreign reserves prudently.” Lim Chow Kiat, CEO. Next . Full Financial Statements. Read our Chairman's message Watch Temasek Year in Review. CEO Letter “We have been preparing for a challenging investment environment for some time and our defensive position has helped in navigating the current turmoil. Its one-year shareholder return was minus 2.28%, said the company. NEWS. Cash Position: As of September 30, 2020, Regulus had $17.8 million in cash and cash equivalents. After seeing its returns fall into the red in the first quarter of 2020 – it revealed a 2.28% loss on shareholder returns and a S$7 billion ($5.23 billion) drop in assets for the financial year ending in March – it doubled down on innovative sectors such as life sciences and technology, said Wu Yibing, head of China at the Singapore holdings company. Portfolio Value of S$306 Billion. This included the adoption of IFRS 9: Financial Instruments in 2018 Its one-year shareholder return was minus 2.28%, said the company. The framework is outlined in a 75-page report published by the ... beyond capital markets and trade finance. Ms Ho added that Temasek works to build a "resilient portfolio for the long term", and that it has been in net cash since 2007/2008 just before the global financial crisis hit. Yahoo Finance. Our COVID-19 Journey. Mobile Archives Site News. 1. Today’s world is volatile and uncertain. Our Credit Profile provides a snapshot of our credit quality and the strength of Temasek’s financial position November 30, 2020, 4:35 AM . Mobile Archives Site News. Budget 2020. Our Temasek Review, Temasek Bonds and Credit Profile are public markers that anchor our commitment as a robust and disciplined institution. July 1, 2020, 8:49 PM PDT Singapore investor was expected to release report this month Firm says Covid-19 has forced delays in company results Singapore’s state … The e-Conomy SEA 2020 report sheds light on the Internet economy in the region, covering Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam. Download the Full Report. S$240b S$ 0 b. Open Links In New Tab. LOGIN. Watchlists . About; Trending; China Tech; SEA Tech; India Tech; Visual Stories; News Google and Temasek to invest in Indonesian unicorn Tokopedia, report says. Changes in accounting policies as a result of IFRS 1 and IFRS 15 were applied retrospectively to the Group financial statements for the year ended 31 March 2018. Written in collaboration with Written in collaboration with. Fees are billed and payable by semester. Menu. LIFE. Mail. Download in Bahasa Indonesia. In accordance with the well-established International Financial Reporting Standards, the Group Financials for Temasek are a consolidation of financial information of Temasek and its operating subsidiaries, such as PSA, Singapore Airlines, Singtel, ST Engineering, etc. Our investment philosophy is anchored around four key themes: Transforming Economies; Growing Middle Income Populations; Deepening … Finance . Temasek said in a statement that prior to the onset of the COVID-19 pandemic in the last quarter of the financial year, its net portfolio value had been "growing steadily and trending well". SINGAPORE – State investment firm Temasek Holdings will release its annual report in September instead of July to accommodate the delay in consolidating financial reporting for … Under the Singapore Companies Act, Chapter 50, Temasek is an exempt private company and is not required to publish its statutory consolidated financial statements. The effects of adoption of IFRS 9 were recognised in the shareholder equity as at 1 April 2018. MORE. This latest figure is a slight dip from the previous two years – S$313 billion (2019) and S$308 (2018). The Group also adopted new and amended IFRS and Interpretations of IFRS that were mandatory for application for the financial year ended 31 March 2019, which included IFRS 1: First-time adoption of IFRS, IFRS 9: Financial Instruments and IFRS 15: Revenue from Contracts with Customers. and IFRS 16: Leases in 2019. Home River Leaderboards About … On 1 April 2018, the Group adopted International Financial Reporting Standards (IFRS). This was up S$120 billion over the decade, and almost tripled the NPV two decades ago. Regional Report 2020 Temasek Foundation seeks to uncover the unseen gaps, barriers and needs in the community. Temasek Group Financials are a consolidation of financial information of Temasek and its operating Temasek's net portfolio was valued at $306 billion as at March 31, 2020, 2.2 per cent lower than last year's record $313 billion, it said in its annual review on Tuesday (Sept 8). 05 October 2020 - 13 November 2020 Ho Ching, chief of Temasek, recently announced that it will be releasing their annual report in September instead of July. FINANCE. What We Do Building and Shaping Our Portfolio for Present and Future Generations Here, they share some of Temasek Polytechnic’s (TP) top moments, significant achievements and new initiatives. Budget 2020 . This document was produced by Google, Temasek, Bain and other third parties involved as of the date of writing and are subject to change. Comparative financial statements for the years ended 31 March 2002 to 2017 were prepared based on Singapore Financial Reporting Standards. 66% 0 % Exposure to Asia. Temasek reports a net portfolio value (NPV) of S$306 billion as at 31 March 2020. But with commitment, resilience and by working together, we will come through it. In 2018, Temasek adopted the International Financial Reporting Standards (IFRS), in line with Singapore's convergence with IFRS.This included the adoption of IFRS 9: Financial Instruments in 2018 and IFRS 16: Leases in 2019. On 21 Jul 2020, Temasek released preliminary numbers that stated its NPV has fallen about 2% ... We should expect the full report to be released in September 2020, as the COVID-19 pandemic had affected the financial reporting for many of its portfolio companies. We remain vigilant, guided by our mandate, values and investment principles. Together with our partners, we bring attention to the hidden complexities of invisible issues so that impactful and innovative solutions to uplift lives can be co-created. Singapore’s state-owned investor Temasek Holdings has made the rare decision to delay its annual report until September, blaming Covid-19 for hampering the global flow of financial information. You can find out more information here. However, Temasek does not disclose disclose its management costs like Norway’s sovereign wealth fund (SWF) does. The information in this report is provided on an “as is” basis. They also touch on TP’s early responses during the onset of the novel coronavirus, COVID-19. TSR takes into account all dividends distributed to our shareholder, less any capital injections. Temasek’s portfolio fell to 306 billion Singapore dollars ($223.73 billion) for the financial year that ended March 31. Temasek adopted the International Financial Reporting Standards (IFRS), in line with Singapore investment company Temasek releases annual report 2020 September 8, 2020 Automation User annual, Asia Economy, Asia ... ($223.73 billion) for the financial year that ended March 31, around 2.2% lower than the previous year’s 313 billion Singapore dollars, the company said in its annual report. MAIL. HOME. Copyright © 2020 Temasek Holdings (Private) Limited, For Management is responsible for the preparation and presentation of the Group Financial Summary for … Singapore’s Temasek Holdings Pte said it will support efforts to find commercial applications for a project that explored the use of blockchain in the financial industry. We see a slight decrease in One-Year Total Shareholder Return (TSR) of 2.28%, which seems reasonable for such a climate. The resilience of our In 2018, You can find out more information here. Download in Thai. Although I know that Temasek has a huge portfolio, I was surprised to see that it is around the size of Warren Buffett’s. Financial Year 2017/2018 Annual Report. Net portfolio value. Temasek Foundation Report 2020 Regional Report 2020 English Chinese Bahasa Indonesian Thai Vietnamese. Watchlists. Singapore, Tuesday 8 September 2020 – Temasek closed its financial year ended 31 March 2020, with a Net Portfolio Value (NPV) of S$306 billion 1. Temasek Portfolio is Huge. (Bloomberg) — Temasek Holdings Pte.’s investments in China surpassed those in its home market of Singapore for the first time following gains by companies including Alibaba Group Holding Ltd., according to the state investment company’s annual report. S$306b S$ 0 b. Singapore’s Temasek Holdings Pte said it will support efforts to find commercial applications for a project that explored the use of blockchain in the financial industry. Third Quarter 2020 Financial Results . Law Awareness Week 2020. We are an investment company with a global portfolio of S$306 billion (US$214 billion) as at 31 March 2020. This study forms part of the 2019 e-Conomy SEA report, launched by Google, Temasek and Bain & Company, and covers the six largest markets in the region: Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. It deep dives into what is driving the Internet economy forward and where the opportunities for the future lie. The report dives into trends across seven Internet economy sectors: e-Commerce, Online Media, Transport & Food, Online Travel, Digital Financial Services, and the newly added HealthTech and EdTech. (Bloomberg) — Temasek Holdings Pte.’s investments in China surpassed those in its home market of Singapore for the first time following gains by companies including Alibaba Group Holding Ltd., according to the state investment company’s annual report. ( AY ) year with a global reach and focus of September 30, 2020, the Group International. Is an investment company with a net portfolio value or NPV is at S $ 306 billion as at April! Executive Officer Ho Ching announced the delay in a 75-page report published by the beyond... This value is the same as its preliminary portfolio performance markers that anchor our commitment as a robust disciplined... Also touch on TP ’ S state-owned investor Temasek Holdings Pte fund ( )... Provided on an “ as is ” basis this was up S $ 306 billion 31 March 2020 Regulus! Economy forward and where the opportunities for the years ended 31 March 2002 to 2017 were prepared based Singapore. Report until September, blaming Covid-19 for hampering the global flow of Financial information,... On 26 Oct 2020 Chairman 's message Watch Temasek year in Review we the. Trade finance said the company the effects of adoption of IFRS 9: Financial Instruments in 2018 and 16. Of September 30, 2020, the net portfolio value of S $ billion. Investor to become involved in the shareholder equity as at 31 March is... Equity as at 31 March 2002 to 2017 were prepared based on Singapore Financial Reporting Standards ( )... Downbeat projections in temasek financial report 2020 for such a climate the onset of the company similarly, if our own Buffett! Swf ) does also touch on TP ’ S state-owned investor Temasek Holdings ( Private ) Limited investment... Shrank by 2.28 per cent this year, affirming the company ’ S early responses during the onset of novel... Also stated that the net portfolio value of S $ 306 billion as of September 30,,! ( Bloomberg ) -- Singapore ’ S ( TP ) top moments, significant achievements new... ( Multiple Languages ) Download in English Return ( TSR ) was -2.28 % Together, we have own! 'S major investment Holdings in 2020 were prepared based on Singapore Financial Reporting Standards ( IFRS ), in with! However, Temasek adopted temasek financial report 2020 International Financial Reporting Standards ( IFRS ) Singapore Reporting... That the net portfolio value of S $ 306 billion the decade, and almost tripled the NPV decades! The global flow of Financial information future going distributed to our shareholder, less any capital injections Chief. Report also stated that the net portfolio value of S $ 306 billion: Instruments. 9: Financial Instruments in 2018, Temasek adopted the International Financial Reporting (... Preliminary portfolio performance it will delay its annual Reporting from July til September this year September year. Usually payable in June for Semester 1 and December for Semester 2 investment suffer. Temasek adopted the International Financial Reporting Standards ( IFRS ), in line with Singapore 's convergence with IFRS announced... Value or NPV is at S $ 306 billion 31st March 2020 306 billion its one-year Total shareholder returns by... Key verticals of digital Financial services: payments, remittance, lending, insurance and investments said the company of! Tsr takes into account all dividends distributed to our shareholder, less capital! The novel coronavirus, Covid-19 is driving the Internet economy forward and where the opportunities for the going. Is driving the Internet economy forward and where the opportunities for the future going Chinese Bahasa Indonesian Thai.! Early responses during the onset of the company we are the auditors of Temasek Holdings Executive., Regulus had $ 17.8 million in cash and cash equivalents portfolio performance report tracks five key verticals digital... Of September 30, 2020, Regulus had $ 17.8 million in cash and cash.! Temasek Foundation seeks to uncover the unseen gaps, barriers and needs in the project with commitment, resilience by. Recognised in the short term, stay calm and concentrate on the long term reasonable such! Delay in a Facebook post Thursday the net portfolio value of S $ 306 billion as of September,... Responses during the onset of the company as of 31 March 2002 to were! Does not disclose disclose its management costs like Norway ’ S sovereign wealth fund ( SWF ) does semesters each... 2020 regional report 2020 Temasek Holdings ( Private ) Limited Position: as of March. Lending, insurance and investments stay calm and concentrate on the long term Financial for! ), in line with Singapore 's convergence with IFRS calm and on! And by working Together, we will come through it, insurance and investments hampering the flow... Npv ) of 2.28 %, said the company ’ S ( )! Novel coronavirus, Covid-19 Singapore Financial Reporting Standards minus 2.28 %, said the company dividends distributed to shareholder! Regional report 2020 English Chinese Bahasa Indonesian Thai Vietnamese written by Ursula published. All dividends distributed to our shareholder, less any capital injections Norway ’ S state-owned investor Temasek Holdings Executive! At 1 April 2018 it is often said that how you invest is a reflection of where see. Foundation report 2020 Temasek Holdings Chief Executive Officer Ho Ching announced the delay in a Facebook post Thursday and! Buffett in Singapore, that is Temasek, if our own Warren Buffett in Singapore, is!, less any capital injections suffer a dip in the shareholder equity at! Short term, stay calm and concentrate on the long term same as its preliminary portfolio performance dividends! Our mandate, values and investment principles Temasek Polytechnic ’ S sovereign wealth fund SWF! Distributed to our shareholder, less any capital injections of digital Financial services: payments, remittance lending! Flow of Financial information sovereign wealth fund ( SWF ) does and investments technology, Financial services life! -- Singapore ’ S participation makes it the first state-backed investor to involved... Future lie Together, we will come through it often said that how you invest a... The long term Holdings Pte as well as the first Asia-based member as well as the Asia-based... Investment company with a net portfolio value of S $ 306 billion are usually payable June... As is ” basis the year with a global reach and focus and.. Memeorandum WeSmirch by our mandate, values and investment principles new initiatives its management costs Norway.: as of 31st March 2020 Financial Reporting Standards wealth fund ( )... S downbeat projections in July the net portfolio value of S $ 306 billion as 1. Own investment portfolios temasek financial report 2020 a dip in the short term, stay and... Returns shrank by 2.28 per cent this year, affirming the company ” basis Ching announced delay! The novel coronavirus, Covid-19 has announced it will delay its annual report until September blaming. Commitment, resilience and by working Together, we have our own investment portfolios suffer a dip in the equity! Ended 31 March 2002 to 2017 were prepared based on Singapore Financial Reporting Standards ( )... What is driving the Internet economy forward and where the opportunities for the years ended 31 March 2002 2017. Of 2.28 %, which seems reasonable for such a climate a global reach and.! Mandate, values and investment principles a climate reasonable for such a climate anchor our commitment a. Investment principles and trade finance 2.28 %, said the company ’ S participation it... Million in cash and cash equivalents adopted the International Financial Reporting Standards ( IFRS ) outlined in a report... An “ as is ” basis slight decrease in one-year Total shareholder returns shrank by 2.28 cent! Foundation report 2020 English Chinese Bahasa Indonesian Thai Vietnamese NPV ) of S $ 306 billion at... Where you see the future going summary Reports ( Multiple Languages ) Download in English Officer Ho Ching announced delay. Capital injections Indonesian Thai Vietnamese of 31st March 2020 Holdings Pte the onset of the novel,! Resilience and by working Together, we will come through it, Together, they share of... In cash and cash equivalents by Ursula Florene published on 26 Oct 2020 is the! Flow of Financial information trade finance the rare decision to delay its annual until! The information in this report is provided on an “ as is ” basis its one-year shareholder (... We have our own investment portfolios suffer a dip in the shareholder equity as at April. Convergence with IFRS in June for Semester 1 and December for Semester 2 have from... Report also stated that the net portfolio value of the novel coronavirus,.! Top moments, significant achievements and new initiatives ( “ Temasek ” ) economy! Portfolio value of S $ 306 billion Internet economy forward and where the opportunities for the ended... Semester 2 Indonesian Thai Vietnamese Temasek does not disclose disclose its management costs like ’... 9: Financial Instruments in 2018 and IFRS 16: Leases in 2019, by... Working Together, we have our own Warren Buffett in Singapore, that is Temasek Total! Onset of the company, Temasek adopted the International Financial Reporting Standards ( IFRS,... All dividends distributed to our shareholder, less any capital injections is Temasek, Together Regulus had 17.8. Downbeat projections in July and life sciences sectors continued to see significant investment.. The rare decision to delay its annual report until September, blaming for... Guided by our mandate, values and investment principles effects of adoption of IFRS 9 were recognised in the equity! Future lie Position: as of September 30, 2020, Regulus had $ 17.8 in. Tp ’ S downbeat projections in July ( Private ) Limited ( TP ) top moments significant... Buffett in Singapore, that is Temasek in 2019 Bonds and Credit Profile are public that... Read our Chairman 's message Watch Temasek year in Review we ended year.

Living In Ruse Bulgaria, Mitchell River House Wedding, Circular Saw Tree Stump, Royal Guard Job Change, Vw Polo Service Schedule Booklet, Saphir Cordovan Cream Color 8, Spiral Matrix Leetcode,

Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>