- Net asset value reduced to EUR 363 million;
- Cash rose to EUR 212 million;
- Value of indirect investments increased to EUR 118 million.
The net asset value of all financial assets fell by 3.2% to EUR 363 million (EUR 375 million at the end of the year). The cash increased by EUR 142 million to EUR 212 million. The estimated value of the direct investments shrank to EUR 34 million after EUR 235 million at the end of the year. The value of indirect investments (valued at market prices) rose from EUR 71 million at the end of 2016 to EUR 118 million as at 30 June 2017. The combined loss of the remaining portfolio companies increased by EUR 6 million to EUR -9.7 million – compared to the first half of 2016.
We thank you for your trust in us. We would be delighted to receive suggestions for improvements or leads for new transactions.
For further questions please contact:
BAVARIA Industries Group AG
Reimar Scholz
Bavariaring 24
80336 Munich
Germany
Tel .: +49 (0) 89/72 98 967-0
Fax: +49 (0) 89/72 98 967-10
Email: info(at)baikap.de