Interim report Q1, 2011


Positive developments in the market, but global uncertainty

Significant events in the first quarter

  • The net result for the quarter was SEK -44.9 (-3.6) million excluding unrealized surplus values in investments in securities of SEK 22.4 million
  • During the quarter the carrying amount of portfolio company NovaCast Technologies AB, which stood at SEK 44.2 million, was written off because the company was made bankrupt in March
  • Total cash flow was SEK -48.7 (-205.8) million, of which investments in portfolio companies accounted for SEK -43.0 (-201.9) million including directly attributable costs
  • At the end of the quarter cash and bank balances and investments in securities amounted to SEK 2,689.1 (2,760.6) million
  • During the quarter Fouriertransform received around 35 applications for investment
  • Fouriertransform made a new SEK 8.1 million investment in Vicura AB of Trollhättan
  • Since its start in 2009 Fouriertransform has approved investments totaling SEK 361 million in ten companies