Year-end Report 2006 Important events in the fourth quarter The net asset value increased by SEK 10 bn. in the fourth quarter and amounted to SEK 159 bn. (SEK 208 per share) on December 31, 2006. Additional shares were purchased in Husqvarna for SEK 114 m. MAN's revised bid for Scania was rejected because the offer does not reflect the value of Scania and the potential synergies of a combination. Five new investments were made within Investor Growth Capital. EQT III's holding in Symrise was listed on the Frankfurt Stock Exchange. Financial information The net asset value amounted to SEK 159,320 m. (SEK 208 per share) on December 31, 2006, as against SEK 133,945 m. (SEK 175 per share) at year-end 2005. The total return on Investor shares was 24 percent in 2006 (68), of which 10 percent was in the fourth quarter (15). The average total return has been 16 percent over the past 20 years. Consolidated net income (including unrealized changes in value) totaled SEK 28,486 m. for the year (SEK 37.13 per share before dilution), compared with SEK 43,858 m. in 2005 (SEK 57.15 per share before dilution). Core Investments had an impact of SEK 29,942 m. (39,427) on net income for the year. ABB, SEB and Atlas Copco had the greatest impact with SEK 7,730 m., SEK 7,272 m. and SEK 5,420 m., respectively. AstraZeneca, with SEK -510 m., was the only Core Investment that had a negative effect. Private Equity Investments had an effect of SEK 664 m. on net income for the year (6,022). The proposed dividend to shareholders is SEK 4.50 per share (3.50). Our press releases can be accessed at www.investorab.com on the Internet. Investor is the largest industrial holding company in the Nordic region. For almost a century, our business concept has been generate attractive long-term returns by investing in companies with solid potential for value creation and applying our experience, knowledge and network to make them best-in-class. Investor is a leading shareholder in a number of multinational companies, including SEB, Ericsson and Atlas Copco. Investor also conducts private equity activities in the United States, Northern Europe and Asia. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://wpy.waymaker.net/client/waymaker1/f.aspx?id=360457&fn=wkr0019.pdf Year-end Report 2006
Investor: Year-end Report 2006
| Source: Investor AB