Interim report January – September 2012

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  • Profit from property management before tax amounted to SEK 508m (370) corresponding to SEK 2.74 per ordinary share (2.21)

  • Rental income amounted to SEK 1,258m (1,097)

  • Profit after tax amounted to SEK 665m (373), corresponding to SEK 3.73 per ordinary share (2.23)

  • Shareholders´equity amounted to SEK 39.24 per ordinary share (32.96)

Profit from property management increased by 37 per cent and amounted to SEK 508m (370), which corresponds to SEK 2.74 per ordinary share (2.21). The profit from property management includes SEK 77m (34) in respect of associated companies.

Profit after tax amounted to SEK 665m (373) corresponding to SEK 3.73 per ordinary share (2.23). The profit before tax was impacted by changes in value in respect of properties of SEK 449m (486), changes in value in respect of interest rate derivatives of SEK -51m (-378) and profit from participations in associated companies of SEK 58m (52).

             

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 – September 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 8 November 2012 at 14.00.

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 20.7 billion (16.5) as of 30 September 2012. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.