Klövern: Interim Report January – September 2004
2004-11-03
Profit
Net profit for the period amounted to SEK 125 million (63). Gains from sales of properties account for SEK 26 million (17) of the profit. The operating surplus was SEK 213 million (129) and net financial items were SEK -94 million (-71).
Cash flow and financial position
The cash flow amounted to SEK 68 million (167). The equity ratio at the end of the period was 33.9 per cent, in comparison with 28.5 per cent at the beginning of the year. Shareholders’ equity was SEK 1,564 million in comparison with SEK 908 million at the beginning of the year. Liquid funds were SEK 279 million (211) and interest-bearing liabilities were SEK 2,834 million (2,316).
Revenue and property costs
Rental revenues amounted to SEK 339 million (213) for the period, property costs amounted to SEK 126 million (84) and operating surplus to SEK 213 million (129).
Property sales
Nine properties were sold for a total of SEK 193 million (159) during the period, with a total gain of SEK 26 million (17).
Third quarter of 2004
Net profit for the period amounted to SEK 44 million (21). Gains on sales of properties account for SEK 0 million (0) of the profit. The operating surplus was SEK 85 million (52) and net financial items were SEK -34 million (-27). The cash flow amounted to SEK 62 million (127).
Calendar 2004-2005
Year-end Report 2004 February 9, 2005
Reports are available at Klövern’s website, kelly.corem.se, where visitors may also subscribe to interim reports and press releases.
This interim report has not been subject to examination by the Company’s auditors.
Nyköping, November 3, 2004, Klövern AB (publ)
Gustaf Hermelin, President & CEO
The full report including tables can be downloaded from the following link: