Investment AB Kinnevik Interim Report 2009 1 January - 30 June



Financial results for the second quarter
*   The market value of the Group's securities in Major Listed
  Holdings amounted to SEK 28,932 million on 30 June, an increase of
  SEK 7,398* million corresponding to 33% since 31 March 2009.
*   Korsnäs' revenue amounted to SEK 2,140 million (2,006) and
  operating profit was SEK 167 million (184).
*   The Group's total revenue amounted to SEK 2,192 million (2,068)
  and operating profit was SEK 169 million (164).
*   Net result after tax, including changes in fair value of
  financial assets, amounted to SEK 7,649 million (3,481).
*   The profit per share was SEK 29.35 (13.19).

Events during the second quarter
*   Kinnevik signed an agreement to acquire Emesco which will
  strengthen the ownership in Tele2 and MTG.
*   Kinnevik subscribed for 51.9% in Metro's issue of subordinated
  debentures and warrants, of which 44.1% with preferential rights
  and 7.8% in addition to this, in accordance with previously granted
  guarantee, for a total amount of SEK 274 million.
*   Within New Ventures, Kinnevik committed to invest USD 10 million
  in the micro financing fund Microvest and acquired 30% of the
  shares in a Ukrainian farming company and 20% of the shares in the
  Internet company R2 International.

Financial results for the first half of the year
*   The market value of the Group's securities in Major Listed
  Holdings increased by SEK 5,418* million corresponding to 22%
  during the first half of the year.
*   Korsnäs' revenue amounted to SEK 4,103 million (3,960) and
  operating profit was SEK 287 million (348).
*   The Group's total revenue amounted to SEK 4,285 million (4,072)
  and operating profit was SEK 293 million (367).
*   Net result after tax, including changes in fair value of
  financial assets, amounted to SEK 5,697 million (loss of 5,818).
*   The profit per share was SEK 21.85 (loss of 22.04).

* Including dividends received.

Anhänge

Press release.pdf