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
Management interim statement or quarterly financial report
Unique data record identifier
6647
Submission date and time
09.05.2018 16:10:00
Content of announcement in Estonian
Title
EfTEN Real Estate Fund III AS aktsia puhasväärtus seisuga 30.04.2018
Message
EfTEN Real Estate Fund III AS teenis 2018. aasta aprillis 681 tuhat eurot müügitulu, mis seoses väiksemate üüri- ja haldustuludega Saules Miestase kaubanduskeskuses vähenes võrreldes märtsiga 11 tuhande euro võrra. Müügiga seotud kulud, s.h halduskulud ning turustuskulud olid aprillis kokku 55 tuhat eurot (märtsis 47 tuhat eurot). Fondi konsolideeritud brutokasum oli aprillis kokku 626 tuhat eurot (märtsis 645 tuhat eurot). Seoses aktsionäride üldkoosoleku korraldamisega ning Leedu kaubanduskeskuse kvartaalsete preemiatega olid aprillis 27 tuhande euro võrra kõrgemad ka muud üldhalduskulud. Fondi puhaskasum oli aprillis kokku 318 tuhat eurot (märtsis 363 tuhat eurot). 2018. aasta esimese nelja kuu jooksul on EfTEN Real Estate Fund III teeninud 2 681 tuhande euro suuruse müügitulu juures 2 112 tuhat eurot EBITDA-d (EBITDA marginaal on 79%) ning 1 568 tuhat eurot puhaskasumit. 2017. aasta esimese nelja kuu jooksul teenis fond 2 350 tuhande euro suuruse müügitulu juures EBITDA-d 1 863 tuhat eurot (EBITDA marginaal oli samuti 79%) ning 1 451 tuhat eurot puhaskasumit. Dividendide arvestuse alus (EBITDA miinus tulumaksukulu miinus laenu- ja intressimaksed) võimaldaks fondi nelja kuu tulemuste põhjal maksta netodividende kokku 815 tuhat eurot (25 senti aktsia kohta). Kogu eelmise aasta kasumilt maksis EfTEN Real Estate Fund III AS 68 senti dividende ühe aktsia kohta. EfTEN Real Estate Fund III konsolideeritud varade maht oli 30.04.2018 seisuga 95,8 miljonit eurot (31.12.2017: 97,3 miljonit eurot) ning omakapital 45,8 miljonit eurot (31.12.2017: 46,4 miljonit eurot). Fondi 12 kuu tootlus keskmise sissemakstud kapitali kohta on märtsi lõpu seisuga 20,0%. EfTEN Real Estate Fund III NAV seisuga 30.04.2018 oli 14,20 eurot. NAV vähenes aprillis 3,9%. Vähenemine oli seotud dividendimaksega. Ilma kasumi jaotamiseta oleks NAV aprillis suurenenud 0,8%. Marilin Hein Finantsjuht Tel. 655 9515 E-post: [email protected]
Content of announcement in English
Title
EfTEN Real Estate Fund III AS Net Asset Value per share as of 30.04.2018
Message
In April, EfTEN Real Estate Fund III AS made 681 thousand euros of sales income, the decrease in 11 thousand euros from March. The decrease in sales income is mainly related to the management and rental income in Saules Miestas. The sales expenses and distribution expenses were 55 thousand in April (in March: 47 thousand euros). The consolidated gross profit was 626 thousand euros in April (In March: 645 thousand euros). In connection with the general meeting of shareholders and quarterly bonus-salaries in Saules Miestas, the other general expenses increased by 27 thousand euros, compared to March. The net profit of the Fund was 318 thousand euros (363 thousand euros in March). During the first 4 month of 2018, EfTEN Real Estate Fund III have made a sales income of 2,681 thousand euros with an EBITDA of 2,112 thousand euros (the EBITDA margin is 79%). The year before, during the first 4 months of 2017, the Fund made a sales income of 2.350 thousand euros with an EBITDA of 1.863 thousand euros (EBITDA margin was also 79%). The Fund's net profit for the first 4 months of 2018 is 1.568 thousand euros (1st 4 months of 2017: 1.451 thousand euros). The base of dividend calculation (EBITDA minus corporate income tax minus loan and interest payments) would allow to pay net dividends 815 thousand euros (25 cents per share), as a result of 4 months this year. The net dividend, paid in April 2018 (based on the year 2017 profit), was 68 cents per share. The Fund's consolidated asset value as of 30.04.2018 is 95.8 million euros (31.12.2017: 97.3 million euros), and equity is 45.8 million euros (31.12.2017: 46.4 million euros). The Fund's 12-month return for the average paid-in share capital is 20.0%. The Net Asset Value of EfTEN Real Estate Fund III AS as of 30.04.2018 is 14.20 euros. This decreased by 3,9%, compared to the NAV as of 31.03.2018. Without dividend payment, the NAV as of 30.04.2018 would have increased by 0,8%, compared to March 2018. Marilin Hein CFO Phone: 655 9515 E-mail: [email protected]