SUMMARY Q1 2016 - Wallenstam...solberga, stockholm 8 7 > 88 rental apartments > estimated completion...
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SUMMARY Q1 2016 SUSANN LINDE CFO AND HEAD OF INVESTOR RELATIONS 1
Transcript of SUMMARY Q1 2016 - Wallenstam...solberga, stockholm 8 7 > 88 rental apartments > estimated completion...
SUMMARY Q1 2016
SUSANN LINDECFO AND HEAD OF INVESTOR RELATIONS
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> Construction started of 275 apartments
> Demolition started in the area of the future urban development projectKallebäcks Terrasser
> Won the Kundkristallen (Customer Crystal) for the ”biggest boost in the service index” category
IMPORTANT EVENTS
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NEW CONSTRUCTIONSCOMPLETED IN Q1
> 122 rental apartments
FÖLJA BERG,NACKA
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> 112 rental apartments
VÅGMÄSTAREN,GOTHENBURG
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NEW CONSTRUCTIONSSTARTED IN Q1
> 170 co-op apartments> Estimated completion
2018> Our second project in the
district Solberga, located between Älvsjö and Telefonplan
ORANGERIET SOLBERGA,STOCKHOLM
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> 88 rental apartments> Estimated completion
2017> Phase 2 in Gothenburg
STALLBACKEN NIVÅ 2,MÖLNDAL
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NEW CONSTRUCTIONS IN PROGRESS
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PLANNED CONSTRUCTION STARTS
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FINANCIALINFORMATION
CONSOLIDATED STATEMENT OFCOMPREHENSIVE INCOME
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+11 %
INCOME FROM PROPERTY MANAGEMENT,FROM NEW CONSTRUCTION**
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10
20
30
40
50
60
70
80
2008 2009 2010 2011 2012 2013 2014 2015 2016*
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SEK million
**New constructionstarted 2008 and later
* Latest twelve-month period
CONSOLIDATED STATEMENT OFCOMPREHENSIVE INCOME
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CONSOLIDATED STATEMENT OFCOMPREHENSIVE INCOME
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NEW CONSTRUCTIONCREATES VALUE
70%of unrealized changes in value
come from our own work in new construction projects
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VALUE GROWTH IN NEW CONSTRUCTION
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0
300
600
900
1 200
1 500
1 800
2012 2013 2014 2015 2016*
Investment costValuation24%
44%
39%
24%
26%
SEK million
* First three months 2016
CONSOLIDATED STATEMENT OF FINANCIAL POSITION, CONDENSED
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CONSOLIDATED STATEMENT OF FINANCIAL POSITION, CONDENSED
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STRONG FINANCIAL POSITION
0102030405060
2012 2013 2014 2015 2016*
Equity/asset ratio, %
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0102030405060
2012 2013 2014 2015 2016*
Loan-to-value ratio, %
GOAL BUSINESS PLAN 2018
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LIQUIDITY IN THE SHARE INCREASING
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5 000
10 000
15 000
20 000
25 000
30 000
2012 2013 2014 2015 2016*
Average share turnover per day
23* First three months 2016
SEK, thousands
ÖÖÖÖÖÖÖÖÖKEY RATIOSQ1 2016 Q1 2015
Surplus ratio, (NOI margin), % 71 71
ICR, realized, times 6.5 4.8
Average interest rate, closing day, % 2.15 2.36
LTV, % 45 49
Equity/asset ratio, % 43 40
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> Effect from our new construction
> Strong financial position> Higher liquidity in our
share
SUMMARY
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QUESTIONSWELCOME
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