Viking Line: Supplementary information regarding the acquisition of shares in Rederiaktiebolaget Eckerö
Viking Line Abp INSIDE INFORMATION 18.11.2022, 6.50 PM
Supplementary information regarding the acquisition of shares in Rederiaktiebolaget Eckerö (reference to stock exchange announcement today 18.11.2022, at 4:05 p.m.)
Viking Line Abp has today, November 18, 2022, acquired 17.1% of the shares in Rederiaktiebolaget Eckerö for € 30/share, a total of € 10,269,300.
1. The acquisition of the shares does not give reason to reconsider Viking Line's profit forecast for 2022.
2. The acquisition is financed with own cash resources.
3. The most recent profit and loss statements and balance sheets published by Rederiaktiebolaget Eckerö follow in summary below:
| Income statement, TEUR | 1.4.-30.6.2022 | 1.4.-30.6.2021 | 1.1-30.6.2022 | 1.1-30.6.2021 | |
| SALES | 50 918 | 27 168 | 79 885 | 45 686 | |
| Other operating revenue | 207 | 4 883 | 3 169 | 11 132 | |
| Expenses | |||||
| Goods and services | 23 625 | 13 072 | 37 695 | 22 287 | |
| Salary | 10 617 | 8 906 | 19 873 | 17 045 | |
| Depreciation, amortization and impairment losses | 3 308 | 3 251 | 6 615 | 6 492 | |
| Other operating expenses | 12 611 | 8 867 | 23 377 | 18 434 | |
| Expenses total | 50 161 | 34 096 | 87 561 | 64 258 | |
| OPERATING INCOME | 964 | -2 044 | -4 507 | -7 440 | |
| Financial net | -1 219 | 764 | -690 | 2 447 | |
| INCOME BEFORE TAXES | -255 | -1 280 | -5 197 | -4 993 | |
| Income taxes | 34 | 240 | 1 028 | 981 | |
| INCOME FOR THE PERIOD | -221 | -1 041 | -4 168 | -4 013 |
Balance sheet, TEUR |
30.6.2022 | 30.6.2021 | |
| ASSETS | |||
| Non-current assets | |||
| Intangible assets | 1 105 | 1 594 | |
| Tangible fixed assets | 137 472 | 139 484 | |
| Financial assets | 107 | 192 | |
| Deferred tax assets | 286 | 288 | |
| Total non-current assets | 138 970 | 141 558 | |
| Current assets | |||
| Inventories | 4 233 | 3 372 | |
| Trade and other receivables | 13 707 | 12 962 | |
| Derivative instruments | 3 351 | 3 895 | |
| Tax claims | 538 | 331 | |
| Cash and cash equivalents | 23 814 | 26 903 | |
| Total current assets | 45 643 | 47 463 | |
| Non-current assets held for sale | 50 000 | 82 765 | |
| TOTAL ASSETS | 234 613 | 271 787 | |
| 30.6.2022 | 30.6.2021 | ||
| EQUITY | |||
| Share capital | 2 409 | 2 409 | |
| Other contributed capital | 1 270 | 1 270 | |
| Free capital | 90 153 | 113 683 | |
| Reserves | 191 | 225 | |
| The result of the period | -4 168 | -4 013 | |
| Total equity | 89 854 | 113 574 | |
| LIABILITIES | |||
| Non-current liabilities | |||
| Deferred tax liabilities | 19 558 | 25 882 | |
| Interest-bearing liabilities | 78 813 | 1 446 | |
| Derivative instruments | 0 | 0 | |
| Total non-current liabilities | 98 371 | 27 328 | |
| Current liabilities | |||
| Trade and other payables | 28 346 | 23 914 | |
| Interest-bearing liabilities | 17 346 | 106 675 | |
| Tax debts | 695 | 297 | |
| Derivative instruments | 0 | 0 | |
| Total current liabilities | 46 388 | 130 886 | |
| TOTAL EQUITY AND LIABILITIES | 234 613 | 271 787 |
For further financial information about Rederiaktiebolaget Eckerö, we refer to the company's website (in Swedish):
http://www.rederiabeckero.ax/standard.con?iPage=3&m=18&iLan=1
Viking Line Abp
Jan Hanses
President and CEO
Jan Hanses
President and CEO
jan.hanses@vikingline.com
+358-(0)18-270 00