Alm. Brand Bank - Annual Report 2006 and revision of financial calendar 2007
Highlights
• Satisfactory profit of DKK 167 million before tax
• 23% net growth in loans and advances
• Substantial growth in dobbeltKUNDE portfolio
• Very strong inflow of new private customers
Overview
• Major investments for future growth led to 19% increase in costs
• Loans and advances at DKK 14.1 billion at 31 December 2006.
• Losses recorded amounted to DKK 24 million in 2006
• Shareholders' equity stood at DKK 1,217 million at 31 December 2006
• Return on equity for 2006 was 15% before tax
• The Board of Directors recommends to the annual general meeting that no
dividend be paid
• A profit in the region of DKK 150 million before tax is expected for 2007
Financial calendar for 2007:
27 February 2007 Release of Annual Report 2006
12 April 2007 Annual General Meeting (rescheduled from 2 April)
24 May 2007 Release of interim report for the first quarter of 2007
28 August 2007 Release of interim report for the first half-year of 2007
20 November 2007 Release of interim report for the third quarter of 2007
Please direct any questions regarding this announcement to Henrik Nordam, Chief
Executive, on tel. +45 35 47 48 49.
