RESUME Financial results (figures for the same period in 2010 are provided in parenthesis). Road revenue totals DKK 1,158 million (DKK 1,121 million). Compared to 2010, road reve- nue from Storebælt increased by 3.3 per cent while traffic increased by 1.4 per cent. The revenue increase is explained in part by the rise in toll charges on 1 January and in part by the increase in traffic. Revenue from the rail link totals DKK 425 million (DKK 425 million) Operating expenses DKK 202 million (DKK 207 million) Depreciation DKK 349 million (DKK 346 million) EBIT DKK 1,068 million (DKK 1,029 million) Interest expenses DKK 899 million (DKK 1,074 million). Expenses are DKK 175 million lower than in 2010 owing to the gradual impact of the currently low interest rates on the debt portfolio. Value adjustments, income DKK 233 million (expense DKK 845 million). This comprises the fair value adjustment of net financials of DKK 237 million, which is solely an accounting item with no effect on the companies’ debt reduction. Share of Øresundsbro Konsortiet’s results, income DKK 139 million (expense DKK 261 million). Øresundsbro Konsortiet’s results are affected by increased turnover on the road section of 3 per cent, lower depreciation and positive value adjustments of DKK 101 million (negative DKK 270 million). Result after tax, profits of DKK 406 million (loss of DKK 863 million) Cash flow The Group’s cash at bank and in hand for the period showed a net fall of DKK 341 million. Cash flow from operations and investments (free cash flow) resulted in a net rise in liquidity of DKK 1,411 million. Cash flow from financing activity resulted in a net fall in liquidity of DKK 1,752 million. Expectations for 2011 Profit forecasts before financial value adjustments and tax remain unchanged at approx. DKK 675 million. Page 2/29 23 August 2011
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