Invalda AB Company Announcement 2007-02-28
Preliminary financial results for 2006 of Invalda AB
Preliminary consolidated unaudited net profit of Invalda AB and affiliated companies for 2006 under International Financial Reporting Standards is 67 mln. LTL (19,4 mln. EUR), the part of shareholders of the parent company is 58 mln LTL (16,8 mln. EUR). Preliminary unaudited net profit of Invalda AB for 2006 under International Financial Reporting Standards is 29 mln. LTL (8,4 mln. EUR).
Invalda AB forecasted that it would reach 67,76 mln. LTL (19,6 mln. EUR) consolidated net profit, from this amount the part of shareholders of the parent company would be 43,1 mln. LTL (12,48 mln. EUR). The part of preliminary consolidated unaudited net profit for 2006 attributable to shareholders of the parent company is 34,6% larger than forecasted due to better than planned financial results of real estate and financial sectors. Audited results may differ because financial accountabilities of group companies are preliminary and some companies will be audited.
Darius Šulnis
President
+370 5 273 48 76