Interim report Q3, 2011

2011-10-25

Intense investment activity continues

Significant events in the third quarter

  • The net result for the quarter was SEK -73.1 million (25.0) excluding unrealized gains in investments in securities of SEK 11.9 million
  • The result was affected primarily by an unrealized reassessment of the net asset value of managed mutual funds in the amount of SEK -44.3 million and a write-down of the carrying amount of the portfolio company Effpower of SEK -35.8 million
  • The total cash flow was SEK -68.3 million (-38.4), of which investments in portfolio companies accounted for SEK -55.7 million (-8.8) including directly attributable costs
  • At the end of the quarter cash and bank balances and investments in securities amounted to SEK 2,592 million (SEK 2,748)
  • In September Fouriertransform decided to invest SEK 20.0 million in Pelagicore AB in Gothenburg
  • Since its start in 2009 Fouriertransform has approved investments totaling SEK 418 million in twelve companies