Downing THREE VCT plc reported earnings results for the year ended December 31, 2015. For the period, income was £2,449,000 against £1,466,000 a year ago. Return on ordinary activities before tax was £1,279,000 against £832,000 a year ago. Return attributable to equity shareholders was £1,117,000 against £677,000 a year ago. Basic and diluted return per `C' share was 5.1 pence compared to 9.9 pence a year ago. Basic and diluted return per `D' share was 6.9 pence compared to loss of 0.6 pence a year ago. Basic and diluted return per `F' share was 1.0 pence compared to loss of 0.7 pence a year ago. Basic and diluted return per `H' share was 0.8 pence compared to loss of 0.5 pence a year ago. Basic and diluted loss per `J' share was 2.4 pence. Net cash inflow from operating activities was £862,000 compared to £633,000 a year ago. Net asset value as at Dec. 31, 2015 per `C' Share was 53.2 pence compared to 98.2 pence a year ago. Net asset value as at Dec. 31, 2015 per `A' Share was 0.1 pence compared to 0.1 pence a year ago. Net asset value as at Dec. 31, 2015 per `D' Share was 51.3 pence compared to 71.3 pence a year ago. Net asset value as at Dec. 31, 2015 per `E' Share was 0.1 pence compared to 0.1 pence a year ago.