Börsiteade

Baltic Horizon Fund / Northern Horizon Capital AS

LEI kood

5299008IKT93E4SA0G49

Emitendi suuruskategooria

Väike ettevõtja

Majandustegevusalad

Finants- ja kindlustustegevus

Sektor(id)

Fondivalitseja

Emitendi registreeritud asukoht

Eesti

Üldandmed

Kategooriad

Majandusaasta aruanne

Teate ID

6019

Esitamise kuupäev ja aeg

31.03.2017 18:55:00

Teate sisu eesti keeles

Pealkiri

Northern Horizon Capital AS juhatus kinnitas Baltic Horizon Fundi 2016 majandusaasta aruande

Teade

Northern Horizon Capital AS juhatus kinnitas Baltic Horizon Fundi (Fond)
auditeeritud 2016 majandusaasta aruande. Finantstulemused ei ole, võrreldes 17.
veerbuaril 2017 avaldatud esialgsete tulemustega, muutunud. 

Fondi vara brutoväärtus aruandeperioodil kasvas, moodustades 31. detsembri 2016
seisuga: 154,9 miljonit eurot (31. detsember2015: 89,7 miljonit eurot). Kasv
tulenes peamiselt 2016. aastal tehtud uutest investeeringutest ja Fondi osakute
teise avaliku pakkumise tulemusena suurenenud rahalistest vahenditest. 

Fondi vara puhasväärtus seisuga 31. detsember 2016 oli 76,8 miljonit eurot (31.
detsember 2015: 31,7 miljonit eurot). Puhasväärtuse kasv tulenes peamiselt
täiendavast kapitalist, mis fondi osakute esmase ja teise avaliku pakkumise
käigus kaasati (ligikaudu 40,5 miljonit peale märkimistasude maha arvamist), ja
Fondi teenitud kasumist. 

2016. aastal teenis Fond 5,8 miljonit eurot puhaskasumit (2015. aastal: 5,5
miljonit eurot), mis avaldas Fondi vara puhasväärtusele positiivset mõju.
Puhaskasumit toetasid kinnisvarainvesteeringute ümberhindlusest saadud kasum ja
kinnisvarainvesteeringutelt teenitud tulu. Teisalt mõjutasid puhaskasumit
oluliselt esmase ja teise avaliku pakkumisega seotud kulud (kokku 938 tuhat
eurot). 

2016. aasta puhas renditulu moodustas 7,2 miljonit eurot, kujunedes kõrgemaks
kui 2015. aastal, mil Fondi puhas renditulu moodustas 5,3 miljonit eurot. 

2016. aasta auditeeritud majandusaasta aruanne on lisatud teatele manusena.

Lisainformatsioon:

Tarmo Karotam
Baltic Horizon Fund, fondijuht
E-mail [email protected]
www.baltichorizon.com

Fond on registreeritud lepinguline avalik kinnine kinnisvarafond, mida valitseb
alternatiivfondivalitseja Northern Horizon Capital AS. 

Avaldamine: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com 

Käesolev teade sisaldab informatsiooni, mille Fondivalitseja on kohustatud
avaldama Euroopa Liidu turukurvitarvituse määruse kohaselt. Informatsioon
esitati avaldamiseks 31. märtsil 2017 kell 18:40 Eesti aja järgi ülalmainitud
avaldamiskanalite esindajatele.

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Pealkiri

Northern Horizon Capital AS Management Board has confirmed 2016 financial results of Baltic Horizon Fund

Teade

Management Board of Northern Horizon Capital AS has approved the audited
financial results of Baltic Horizon Fund (the Fund) for the year 2016. The
financial results remained unchanged compared to the preliminary disclosure on
17th of February 2017. 

As at 31 December 2016 the gross asset value (GAV) of the Fund increased to EUR
154.9 million (EUR 89.7 million as at 31 December 2015). The increase is mainly
related to new acquisitions during the year and the increase in cash as a
result of the second public offering of the Fund units. 

As of 31 December 2016, the Fund’s net asset value (NAV) was EUR 76.8 million,
compared to EUR 31.7 million as at 31 December 2015. The increase in NAV is
mainly related to the new capital raised during the initial and second public
offerings (approx. EUR 40.5 million net of subscription fees) and the
performance of the Fund. 

During 2016, the Fund recorded a net profit of EUR 5.8 million (EUR 5.5 million
during 2015) which had a positive effect on the Fund NAV. The net result was
positively affected by the revaluation gains and the operational performance of
the properties. On the other hand, the net profit was notably affected by the
costs related to the initial and secondary public offerings (in total EUR 938
thousand). 

In 2016, the net rental operating income (NOI) earned by the Fund amounted to
EUR 7.2 million and was higher than in 2015 when the Fund earned EUR 5.3
million. 

Audited financial results for the year 2016 have been included as an attachment
to current announcement. 

Additional information:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
www.baltichorizon.com

The Fund is a registered contractual public closed-end real estate fund that is
managed by Alternative Investment Fund Manager license holder Northern Horizon
Capital AS. 

Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com 

This announcement contains information that the Management Company is obliged
to disclose pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the above distributors, at
18:40 EET on 31st March 2017.