PR Newswire/euro adhoc/ EANS-Adhoc: EEII AG publishes annual results per 12-31-2012 EEII reports a net loss of CHF 13.4 mio (2011: net loss of CHF 7.6 million) for the year 2012. In this period the fair value of EEII's equity holdings decreased by almost 50 % or CHF 13.8 mio. During the reporting period, EEII's net asset value (NAV) decreased by 56 % from CHF 22.44 to 9.77 per share. A dividend payout of CHF 3.50 per share to EEII's shareholders was responsible for 16 % of the NAV decrease in 2012. ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. annual result/annual report 06.03.2013 During the reporting period, EEII's net asset value (NAV) decreased by 56 % from CHF 22.44 to 9.77 per share. This large decrease is partially explained by a dividend payment of CHF 3.50 per share, which the Company announced and distributed to its shareholders in the first quarter of 2012. This dividend payout to shareholders amounted to CHF 5,343,533 and explains 16 % of the NAV decrease in 2012. In absolute terms, the Company reports a net loss of CHF 13.4 million (2011: net loss of CHF 7.6 million). The investment holdings of EEII remained unchanged during the reporting period. The fair value of the equity holdings thereby decreased by almost 50 % in 2012 (around CHF 13.8 million). Beyond the dividend payout, the other economic key drivers for the loss were the negative share price performances of the primary investments in a deteriorating market environment. The Ukrainian electricity companies in the portfolio of EEII suffered price declines of almost 50 % while the share price of Ukrnafta, the leading Ukrainian oil and gas producer, decreased by 68 % and Gazprom lost 13 % in value in 2012. Also the Kazakh, UK listed natural resources group Eurasian Natural Resources Corporation "ENRC" could not escape the general downtrend in the natural resources sector, and more than halved its share value in 2012. For further details also see www.eeii.ch/reports/2012.html The Annual General Meeting of EEII AG will take place on March 28, 2013, at 11 a.m. at the Parkhotel Zug in Zug. For questions please contact: Mr. Beat Imwinkelried (Phone: +41-43-299 62 00). EEII is listed on the Swiss Exchange (SIX) (Bloomberg: EEII SW Equity). end of ad-hoc-announcement ================================================================================ EEII AG is an investment company listed on the Swiss Exchange SIX. The investment objective of the Company is to maximize long-term returns to shareholders through investments in strategically selected companies active in the energy and infrastructure sectors, with a special focus on emerging markets and in particular the Former Soviet Union. Further inquiry note: Andres Heusser / AILSF / ++41 43 299 62 11 / email@example.com issuer: EEII AG Alpenstrasse 15 CH-6300 Zug phone: +41 (0)41 41 729 42 80 FAX: +41 (0)41 729 42 29 mail: firstname.lastname@example.org WWW: www.eeii.ch sector: Electricity Production & Distribution ISIN: CH0007162958 indexes: stockmarkets: official dealing: SIX Swiss Exchange language: English The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication. -0- Mar/06/2013 06:13 GMT
EANS-Adhoc: EEII AG publishes annual results per 12-31-2012 EEII reports a net loss of CHF 13.4 mio (2011: net loss of CHF 7.6
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