Year-End Report 2009


Year-End Report 2009

PRESS RELEASE

Year-End Report 2009

•	The operating result before changes in value increased by 5 per cent to SEK
915 million (875). The improved profit can be attributed mainly to higher rents
and lower maintenance costs.

•	The result for the year was SEK -357 million (-449), equivalent to SEK -1.73
per share (-2.18). The change in result can be attributed to a net of unrealized
decrease in value in property holdings during the year and dissolution of
deferred tax compared to previous year.

•	The equity ratio was 55 per cent (56), the net loan-to-value ratio was 16 per
cent (16) and the interest coverage ratio multiple was 7.0 (5.5).

•	The Board proposes an increase in the ordinary dividend to SEK 2.10 per share
(1.90).

•	The fair value of the property holdings at the year-end was set at SEK 18.1
billion (19.1), equivalent to a net asset value of SEK 62 per share (66).

•	The consolidated net revenue amounted to SEK 1,372 million (1,348), an
increase of 2 per cent.

•	The rental vacancy level at the year-end was 6.2 per cent (5.3) and excluding
projects in progress 4.0 per cent (2.9). 


Stockholm, February 12, 2010

HUFVUDSTADEN AB (publ)



The Board


Appendix: Year-End Report 2009

The information in this Interim Report is information that Hufvudstaden AB
(publ) is obliged to publish according to the Securities Market Act and/or the
Financial Instrument Trading Act. The information was published on February 12,
2010, at 11.45 am. 


Questions can be answered by Ivo Stopner, President, or Magnus Jacobson, Head of
Finance, telephone +46 (0)8-762 90 00.

Attachments

02122217.pdf