The net worth as of March 31, 2007 amounted to SKr 269 per share to
be compared with SKr 232 on December 30, 2006.
During the month of March 2007 purchase of shares were made for an
amount of SKr 20.2 million. The five largest holdings on March 31,
2007 were Hennes & Mauritz, Getinge, AstraZeneca, Cardo and
Trelleborg. The five largest holdings correspond to 38 per cent of
the Listed Portfolio. The closing price of the Geveko Series "B"
share on March 31 was SKr 302 per share to be compared with 218 Skr
per share on December 30, 2006. Direct yield for 2007 is calculated
at +38% to be compared with SIX Return Index which increased by +7%.
Gothenburg, April 3, 2007
AB GEVEKO (plc)
NET WORTH March 31, 2007
SKr million SKr
million SKr/share
________________________________________________________________
Securities
portfolio 672
159:25
- Listed
portfolio 603
- Unlisted securities 13
- Interest-bearing funds 56
Industrial
Operations 520
123:25
Others -59 -14:00
________________________________________________________________
Total 1 133
268:50
________________________________________________________________
The market value of Industrial Operations is based on valuation per
December 30th 2006.
DEFINITION OF NET WORTH
The difference between the Group's assets and liabilities, when the
Listed Portfolio is included at its market value and wholly owned
subsidiaries are valued at their estimated market value, although no
lower than adjusted equity. The valuation principle for Industrial
Operations is to apply a p/e ratio each quarter on a moving 12-month
basis to the profit after net financial items, less tax. Adjustment
is made for once-for-all costs. The Affärsvärlden index for the
building and civil engineering industries at the same date is used as
a guide when estimating the p/e ratio. The p/e-ratio used corresponds
to 75% of the comparing index.
Net Worth March 31, 2007
| Source: Geveko, AB
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