Interim report for the period 1 January - 31 December 2010
Fourth quarter (1 October - 31 December 2010)
· Net sales during the quarter were TSEK 21,205 (11,519).
· The operating result before depreciation (EBITDA) was TSEK 10,302
(5,248).
· The operating result (EBIT) was TSEK -1,709 (1,188).
· Earnings after tax were TSEK -6,060 (-946), which corresponds to SEK
-0.20 (-0.05) per share.
· The average income per MWh was SEK 762 (733), of which SEK 431 (384)
refers to electricity and SEK 331 (349) to electricity certificates.
· A loan agreement has been concluded with DnB NOR for the funding of
the Fröslida wind farm. The company now has loan agreements with three
Nordic banks.
12 months (1 January - 31 December 2010)
· Net sales during the period were TSEK 66,744 (27,023).
· The operating result before depreciation (EBITDA) was TSEK 35,101
(1,727).
· The operating result (EBIT) was TSEK -1,614 (-10,798).
· Earnings after tax were TSEK -18,333 (-7,614), which corresponds to
SEK -0.72 (-0.44) per share.
· The average income per MWh was SEK 754 (751), of which SEK 429 (451)
refers to electricity and SEK 325 (299) to electricity certificates.
Significant events after the end of the reporting period
· A decision has been taken to begin construction of a further 12 MW,
bringing the total capacity in operation or under construction to 136
MW.
· Arise Windpower has concluded an agreement giving the company the
right to acquire a project with existing permits and a total potential
capacity of 200 MW. Construction will commence in summer 2011 at the
earliest.
The above information is such that Arise Windpower AB (publ) is required
to disclose under the Securities Market Act and/or the Financial
Instruments Trading Act. The information was submitted for publication
on 18 February at 07.30 am.
For additional information, please contact
Peter Nygren, CEO, Tel. +46(0)706-300 680
Thomas Johansson, CFO Tel. +46 768-211 115
