Market announcement
EfTEN Real Estate Fund AS
LEI code
4851000008JBI71L7643
Size of the entity
Medium group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Annual financial report
Unique data record identifier
6521
Attachments
Submission date and time
28.02.2018 14:44:14
Content of announcement in Estonian
Title
EfTEN Real Estate Fund III AS-i 2017. aasta auditeeritud majandusaasta aruanne
Message
EfTEN Real Estate Fund III AS juhatus esitas nõukogule heakskiitmiseks EfTEN Real Estate Fund III AS 2017. aasta auditeeritud majandustulemused. Auditeeritud aruandes ei ole kontserni finantstulemused võrreldes 15. veebruaril 2018 avaldatud esialgsete majandustulemustega muutunud. EfTEN Real Estate Fund III AS-i konsolideeritud 2017. aasta müügitulu oli 7,300 miljonit eurot, kasvades aastaga 37%. Kontserni kasum enne kinnisvarainvesteeringute ümberhindluseid (sh edukustasu reservi muutust), amortisatsioonikulu ning finantstulusid/-kulusid ja tulumaksukulu (EBITDA) oli 2017. aastal kokku 5,659 miljonit eurot (2016: 3,925 miljonit eurot). Kontserni puhaskasum samal perioodil oli 6,574 miljonit eurot ning puhaskasum suurenes võrreldes 2016. aastaga 51%. EfTEN Real Estate Fund III AS-i juhatus tegi aktsionäride üldkoosolekule ettepaneku maksta dividende 68 eurosenti aktsia kohta, s.o kokku 2 191 324 eurot. EfTEN Real Estate Fund III AS-i konsolideeritud 2017. aasta konsolideeritud majandusaasta aruanne on lisatud teatele ning tehakse kättesaadavaks EfTEN Real Estate Fund III AS-i kodulehel aadressil www.eref.ee. Viljar Arakas Juhatuse liige Tel. 655 9515 E-post: [email protected]
Content of announcement in English
Title
Audited Annual Report 2017 of EfTEN Real Estate Fund III AS
Message
The management board of EfTEN Real Estate Fund III AS sent to the Supervisory Board for approval the 2017 audited annual report of EfTEN Real Estate Fund III AS. Financial results remained unchanged compared to the preliminary financial results published on 15th of February 2018. The consolidated sales revenue of EfTEN Real Estate Fund III AS for year 2017 was EUR 7.300 million, which increased by 37% in a year. In 2017 the Group's profit before revaluation of investment properties (including change in the success fee reserve), depreciation and financial income/ -costs and income tax expense (EBITDA) totalled EUR 5.659 million (2016: EUR 3.925 million). The Group's net profit for the same period amounted to EUR 6.574 million, increasing by 51% compared to 2016. The management board of EfTEN Real Estate Fund III AS proposed to the General Meeting of Shareholders distribution of the profit so that dividends in the amount of EUR 0.68 per share, total 2 191 324 euros, would be paid to shareholders. The EfTEN Real Estate Fund III AS audited and consolidated Annual Report 2017 is attached to this announcement and will be made available on EfTEN Real Estate Fund III AS homepage www.eref.ee. Viljar Arakas Member of the Management Board Phone: 655 9515 E-mail: [email protected]