Landic Property Bonds VI (Sverige) A/S
Annual report 2008
Keops EjendomsObligationer VI (Sverige) / Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Reported to NASDAQ OMX Copenhagen on 7 April 2009. (The Danish version has been reported to NASDAQ OMX Copenhagen on 2 April 2009) Summary: Landic Property Bonds VI (Sverige) A/S's financial performance 2008 The consolidated income statement shows a loss before tax of DKK 176.20 million (2006/07: DKK 115.6 million.) and the consolidated balance sheet shows equity at 31 December 2008 of DKK 25.2 million (2006/07: DKK 214.0 million). Operation loss before value adjustments and tax amounts to DKK 15.8 million which is at the level of the expectations (2006/07: DKK 36.8 million). The profit for the period has primarily been achieved by value adjustments of investment properties and debt of net DKK -240.2 million (2006/07: DKK 129.3 million) and negative exchange adjustments of DKK 51.6 million (2006/07: DKK 6 million). The negative financial performance has appeared as a consequence of the pending crisis in the interna-tional financial sector, the current cyclical slow-down, the negative development in prices on the property market, the decline in interest level in Sweden as well as weakening of SEK. The current interest level in Sweden has dropped notably which has resulted in a decline in the market value of interest swaps and thereby negatively affected the financial statements. In the financial period, rental income has been received as planned from the properties. Management considers the financial performance unsatisfactory. For the financial year 2009, the Group expects profit before tax and value adjustments of investment properties and debt, net of DKK 35-39 million. Please address questions relating to this Notice to Company Secretary, Klaus T. W. Lund, on telephone +45 3378 4000 Disclaimer This is an unauthorised translation of the Danish original document. In the event of inconsistency, the Danish version shall apply. News Source: NASDAQ OMX 07.04.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Keops EjendomsObligationer VI (Sverige) Denmark Phone: Fax: E-mail: Internet: ISIN: DK0030005400 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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