RESUMÉ Financial results (figures for the same period in 2011 are given in parenthesis) Road revenue totals DKK 566 million (DKK 513 million). Compared to 2011, road revenue from Storebælt rose by 10.3 per cent while traffic rose by 4.2 per cent adjusted for the leap year. The rise in revenue is explained in part by the increase in toll charges on 1 January and in part by the rise in traffic. Revenue from the rail link totals DKK 219 million (DKK 213 million). Operating expenses DKK 94 million (DKK 92 million) Depreciation DKK 176 million (DKK 175 million) EBIT DKK 535 million (DKK 478 million) Interest expenses DKK 355 million (DKK 357 million). Value adjustments, income of DKK 147 million (income of DKK 374 million). This comprises the fair value adjustment of net financials at an income of DKK 156 million which is an accounting item with no effect on the companies’ debt reduction. The share of Øresundsbro Konsortiet’s results is an income of DKK 178 million (income DKK 102 million). Øresundsbro Konsortiet’s results have been affected by a slight increase in turnover from the road section of 1.0 per cent, lower expenses, unchanged depreciation, lower interest expenses and positive value adjustments of DKK 288 million (positive DKK 159 million). Result after tax is a profit of DKK 380 million. (Profit of DKK 448 million) Cash flow The Group’s cash at bank and in hand for the period showed a net increase of DKK 256 million. Cash flow from operating activities before interest expenses and investment activity (free cash flow) resulted in a net rise in liquidity of DKK 936 million. Cash flow from financing activity resulted in a net fall in liquidity of DKK 680 million. Outlook for 2012 The outlook before financial value adjustments and tax remains unchanged at a profit of approximately DKK 985 million. Page 2/28 14 May 2012
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