Fastighets AB Balder Year-end report 2016
- Profit from property management before tax attributable to parent company shareholders amounted to SEK 2,265m (1,780), corresponding to an increase per ordinary share by 22% to SEK 11.89 (9.71)
- Rental income amounted to SEK 5,373m (2,711)
- Profit after tax attributable to parent company shareholders amounted to SEK 5,474m (4,916), corresponding to SEK 30.38 per ordinary share (28.98)
- Net asset value amounted to SEK 198.49 per ordinary share (159.14) and shareholders´equity (including listed associated companies at market value) amounted to SEK 157.63 per ordinary share (128.03).
Profit from property management for the year amounted to SEK 2,653m (1,780). Profit from property management attributable to parent comapny shareholders increased by 27% and amounted to SEK 2,265m (1,780), which corresponds to an increase per ordinary share by 22% to SEK 11.89 (9.71). Profit from property management includes SEK 419m (457) in respect of associated companies.
Net profit after tax for the year amounted to SEK 6,093m (4,916). Net profit after tax for the period attributable to parent company shareholders amounted to SEK 5,474m (4,916) corresponding to SEK 30.38 per ordinary share (28.98). Profit before tax was affected by changes in value in respect of properties of SEK 4,932m (3,388), changes in value of interest rate derivatives of SEK -114m (227) and profit from participations in associated companies of SEK 590m (831).
| Calendar | |
| Annual report 2016 | week 14, 2017 |
| Annual General Meeting | 11 May 2017 |
| Interim report January-March 2017 | 11 May 2017 |
| Interim report January-June 2017 | 22 August 2017 |
| Interim report January-September 2017 | 2 November 2017 |
| Year-end report 2017 | 22 February 2018 |
For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Director of Economy Magnus Björndahl, +46 735 58 29 29
Enclosure: Year-end report 2016
This information is information that Fastighets AB Balder (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14.00 CET on February 22, 2017.
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 property company which shall meet the needs of different customer groups for premises and housing based on local support. Balder's real estate portfolio had a value of SEK 86.2 billion (68.5) as of 31 December 2016. The Balder share is listed on Nasdaq Stockholm, Large Cap.
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