Year-End Release 2010

Financial results for the fourth quarter
·   The market value of the Group's securities in Major Listed Holdings amounted
to SEK 50,645 m on 31 December, a decrease of SEK 569(1)) m corresponding to -1%
since 30 September 2010.
·   The increase in fair value on holdings within New Ventures amounted to SEK
893 m (negative 30), of which SEK 246 m (negative 29) was related to Black Earth
Farming and the remaining SEK 647 m (negative 1) was mainly related to holdings
within online.
·   Korsnäs' operating profit amounted to 116 m (242)  and the operating margin
was 5.8% (12.0%).
·   The Group's total revenue amounted to SEK 2,151 m (2,131).
·   Net result after tax, including changes in fair value of financial assets,
amounted to a profit of SEK 445 m (4,734) corresponding to a profit per share of
SEK 1.60 (17.07).

Financial results for 2010
·   The market value of the Group's securities in Major Listed Holdings
increased by SEK 12,202(1)) m corresponding to 30%.
·   Korsnäs' operating profit increased with 9% to SEK  926 m (851) and the
operating margin was 11.3% (10.6%) including received conflict compensation.
·   The Group's total revenue increased to SEK 8,593 m (8,397).
·   Net result after tax, including changes in fair value of financial assets,
amounted to a profit of SEK  13,622 m (16,373) corresponding to a profit per
share of SEK 49.08 (61.66).
·   The Board proposes that the Annual General Meeting decide on a cash dividend
of SEK 4.50 (3.00) per share.
·   The Board has revised Kinnevik's financial targets, which are presented on
page 3.
(1)) Including dividends received.



Year-End Report 2010:
http://hugin.info/1114/R/1489461/424883pdf




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Source: Kinnevik via Thomson Reuters ONE

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