Interim report january - september 1998
INTERIM REPORT JANUARY-SEPTEMBER 1998 * Investor's total return during the 12-month period ended September 30, 1998, was negative and amounted to -21.7 percent. * As reported earlier, a broadening of ownership was carried out in Saab AB during the period. Investor now owns shares corresponding to 20.3 percent of the capital and 36.1 percent of the voting rights in the company. Saab AB's shares were listed on the Stockholm Stock Exchange in June 1998. * Among Investor's main holdings, shares were acquired for a net amount of SEK 3,136 m. during the period. Of this total, SEK 1,239 m. pertains to shares in ABB, which were acquired through the call options that Investor received as a dividend from Gambro. * On September 30, 1998, the value of Investor's main holdings was SEK 72,840 m. The corresponding value on October 20 was SEK 77,184 m. During the period January through September 1998, the main holdings had decreased in value by 15 percent. * Investor's net asset value on September 30, 1998, was SEK 78,015 m., or SEK 390 per share. On October 20, net asset value was SEK 82,397 m., or SEK 412 per share. This interim report can also be accessed on the Internet at http://www.bit.se ------------------------------------------------------------ http://www.bit.se/bitonline/1998/10/22/19981022BIT00030/INTERIM REPORT verII.doc http://www.bit.se/bitonline/1998/10/22/19981022BIT00030/INTERIM REPORT verII.pdf