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Fastighets AB Balder Interim report January – June 2013

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  • Profit from property management before tax amounted to SEK 378m (303) corresponding to SEK 2.00 per ordinary share (1.61)

  • Rental income amounted to SEK 902m (835)
  • Profit after tax amounted to SEK 851m (514), corresponding to SEK 4.96 per ordinary share (2.94)

  • Shareholders´equity amounted to SEK 47.11 per ordinary share (38.50) and the net asset value amounted to SEK 54.40 per ordinary share (44.85)  

Profit from property management increased by 25 percent and amounted to SEK 378m (303), which corresponds to SEK 2.00 per ordinary share (1.61). Profit from property management includes SEK 71m (46) in respect of associated companies.

Net profit after tax amounted to SEK 851m (514) corresponding to SEK 4.96 per ordinary share (2.94). Profit before tax was affected by changes in value in respect of properties of SEK 337m (246), changes in value of interest rate derivatives of SEK 373m (149) and profit from participations in associated companies of SEK 60m (35).

For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Director of Economy Magnus Björndahl, +46 735 582 929

Enclosure:   Interim report January – June 2013

Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 26 August 2013 at 11.00.

Fastighets AB Balder (publ)
PO Box 53121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
www.balder.se

Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 23.6 billion (20.5) as of 30 June 2013. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.

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