Fastighets AB Balder Interim report January – March 2012

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  • Profit from property management before tax amounted to SEK 131m (85) corresponding to SEK 0.69 per ordinary share (0.55)

  • Rental income amounted to SEK 410m (377)
  • Profit after tax amounted to SEK 379m (266), corresponding to SEK 2.25 per ordinary share (1.70)

  • Shareholders´equity amounted to SEK 37.81 per ordinary share (32.58)

Profit from property management amounted to SEK 131m (85), which corresponds to SEK 0.69 per ordinary share (0.55). The profit from property management includes SEK 22m (3) in respect of associated companies.

Profit after tax amounted to SEK 379m (266) corresponding to SEK 2.25 per ordinary share (1.70). The profit before tax was impacted by changes in value in respect of properties of SEK 153m (157), changes in value of financial investments of SEK -m (-4), changes in value in respect of interest rate derivatives of SEK 233m (123) and profit from participations in associated companies of SEK 17m (3).

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 – March 2012

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 9 May 2012 at 14.00.

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 20.0 billion (16.8) as of 31 March 2012. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.

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