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Fastighets AB Balder Interim report January – March 2013

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  • Profit from property management before tax amounted to SEK 161m (131) corresponding to SEK 0.82 per ordinary share (0.69)

  • Rental income amounted to SEK 448m (410)
  • Profit after tax amounted to SEK 406m (379), corresponding to SEK 2.36 per ordinary share (2.25)

  • Shareholders´equity amounted to SEK 44.47 per ordinary share (37.81) and the net asset value amounted to SEK 52.19 per ordinary share (43.42)  

Profit from property management increased by 23 percent and amounted to SEK 161m (131), which corresponds to SEK 0.82 per ordinary share (0.69). The profit from property management includes SEK 36m (22) in respect of associated companies.

Profit after tax amounted to SEK 406m (379) corresponding to SEK 2.36 per ordinary share (2.25). The profit before tax was impacted by changes in value in respect of properties of SEK 170m (153), changes in value in respect of interest rate derivatives of SEK 189m (233) and profit from participations in associated companies of SEK 30m (17).

   
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 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 7 May 2013 at 15.00.

  
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 22.5 billion (20.0) as of 31 March 2013. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.

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