Definitions

Changes in net asset value/share

Fair value based on individual assessment per property.

Value of the stock portfolio

Publicly trades assets have been entered at market price. Market value for unlisted shares is based on the value of the corresponding listed shares in the respective company.

Interest-bearing net debt

Interest-bearing liabilities and interest-bearing provisions less interest-bearing assets.

Interest-bearing net debt wholly owned operations

Interest-bearing liabilities and interest-bearing provisions less interest-bearing assets for the wholly owned enterprises; Lundbergs Fastigheter and Equity management. 

Debt/Equity ratio

Interest-bearing net debt divided by total shareholders' equity.

Equity/assets ratio

Shareholders' equity expressed as a percentage of total assets.

Net asset value after deferred tax

Total assets, where all listed holdings are valued at market value, less liabilities and deferred taxes.

Net asset value per share after deferred tax

Total assets, where all listed holdings are valued at market value, less liabilities and deferred taxes divided by the number of shares outstanding.

Changes in net asset value/share

Percentage change in net asset value per share against the reference date

Market price/net asset value

Share price in relation to net asset value per share

Management expenses

Expenses in the equity management segment, as share of holdings calculated at annualised value.

Direct return

Dividend relative to share price

Total return

Total return consists of reinvested dividends added to the share price value. The dividend is calculated reinvested as from the day the share is traded exclusive the right to the dividend. 

Shareholders' equity per share attributable to Parent Company shareholders

Amount of equity belonging to the shareholders of the parent company

Net sales

Income from real estate operations as well as sales of products, timber and energy, which where applicable have been reduced with discounts and similar income reductions. Net sales also includes income from the sale of securities and dividends within equity management.

Operating profit/loss

A measure of profit before interest and taxes, i.e. the difference between operating income and operating expenses. 

Profit after tax

A measure of profit after appropriations and tax

Profit after tax, Parent Company's shareholders

Profit after appropriations and tax attributable to equity holders of the parent company

Non-controlling interests

The portion of equity in a subsidiary that is attributable to shares owned by someone other than the group entities included in the consolidated financial statements. 

Net profit attributable to non controlling interest

The portion of profit or loss after tax attributable to equity holders of the parent other than those included in the consolidated financial statements. 

Earnings per share, Parent Company's shareholders

Total profit for a period attributable to equity holders of the parent divided by the number of shares held by the company on the stock market

Dividend per share

The amount of dividend adjusted for issues and splits distributed on the number of shares.

Growth in dividend share price

Percentage change in dividend per share over time.

Average annual return

The total return an investment provides over a period, expressed as a time-weighted annual percentage. Sources of returns can include interest, dividends, returns of capital, and capital appreciation.