Year-end report January-December 2021

Financial report  – 

  • Profit from property management attributable to parent company shareholders amounted to SEK 5,543m (4,244), corresponding to an increase per share by 26% to SEK 29.72 (23.51)
     
  • Long term net asset value amounted to SEK 503.76 per share (387.38)
     
  • Rental income amounted to SEK 8,956m (8,134)
     
  • Profit after tax attributable to parent company shareholders amounted to SEK 18,508m (6,641) corresponding to SEK 99.24 per share (36.79)

Profit from property management for the year amounted to SEK 6,129m (4,900). Profit from property management attributable to parent company shareholders increased by 31% and amounted to SEK 5,543m (4,244), which corresponds to an increase per share of 26% to SEK 29.72 (23.51). Profit from property management includes SEK 1,327m (663) in respect of associated companies.

Net profit after tax for the year amounted to SEK 19,584m (7,275). Net profit after tax for the year attributable to parent company shareholders amounted to SEK 18,508m (6,641), corresponding to SEK 99.24 per share (36.79). Profit before tax was affected by unrealised changes in value in respect of investment properties of SEK 12,990m (3,429), realised changes in value in respect of investment properties of SEK 121m (24), profit from sales of development properties SEK 225m (174), changes in value of interest rate derivatives of SEK 511m (-141) and profit from participations in associated companies of SEK 3,521m (897).
 

For further information, please contact
Erik Selin, CEO, tel. +46 (0)31-10 95 92 or
Marcus Hansson, Head of Finance, tel. +46 (0)31-10 95 94

 

This is information that Fastighets AB Balder 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 08.00 CET on February 11, 2022.
 

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Fastighets AB Balder is a listed property company that owns, manages and develops residential and commercial properties. Balder is one of the largest property companies on the Nordic market with properties also in Germany and the United Kingdom. The head office is located in Gothenburg. As of 31 December 2021, the property portfolio had a value of SEK 191.8 billion. The Balder share is listed on Nasdaq Stockholm, Large Cap.