NAXS Interim Report January-June 2011

NAXS NORDIC ACCESS BUYOUT FUND AB (Publ)

Interim Report January-June 2011

The first half year 2011

  • Net profit for the period amounted to MSEK 9,5 (5,5).
  • Earnings per share amounted to SEK 0.63 (0.37).
  • Net asset value amounted to MSEK 581 (SEK 38.77 per share) at June 30, 2011, compared to MSEK 572 (SEK 38.13 per share) at year-end 2010.
  • Net cash amounted to MSEK 219 (SEK 14.59 per share) at June 30, 2011, compared to MSEK 270 (SEK 18.02 per share) at year-end 2010.

The second quarter 2011

  • Net loss (profit) for the period amounted to MSEK -6,1 (8,7).
  • Loss (earning) per share amounted to SEK -0.41 (0.58).
  • NAXS made in April a MEUR 7.25 commitment to Intera Fund II KY.
  • Lennart Svantesson took up his duties as new CEO on June 20, 2011.