Heliad Equity Partners GmbH & Co. KGaA publishes 2011 Annual Figures
With total assets of EUR 83.5 million (previous year: EUR 131.1 million), the consolidated balance sheet showed a significantly higher equity ratio of 66 % (previous year: 39 %).
Following successful disposals in 2011, cash and cash equivalents less financial liabilities increased to EUR 34.4 million in 2011 (previous year: EUR 30.7 million). The net asset value per share amounted to EUR 5.31 as of 31.12.2011 (previous year: EUR 5.62).
Following numerous disposals in the year 2011 and the completion of the portfolio streamlining, Heliad aims to make an increasing number of new investments in the 2012 financial year. Further selective sales of investments are also planned. The company's management believes that Heliad is well positioned to generate positive consolidated net income in the year 2012 and to secure the company's successful long-term development by making new investments.
The Annual Report will be published today in the Investor Relations section of Heliad's website at www.heliad.com.
The company's Annual General Meeting is expected to be held in Frankfurt am Main on 3 July 2012.
Heliad Equity Partners GmbH & Co. KGaA
Heliad is an investment company that supports companies in growth and change phases as Equity Partner. Special criteria of the investment strategy are the active support of investment companies and the ability to implement appropriate individual financing solutions. Thus Heliad invests in listed and unlisted companies and can invest in majority and minority interests. Further information about Heliad can be found at: www.heliad.com