Financial highlights 2009

Income statement	DKKm
Gross contribution from projects	70
Operating income (loss) [*]	52
Net income for the year	58
Balance sheet at 31 December 2009
Share capital investment in projects at cost	494
Project loans at cost	425
Total investment in projects at cost	920
Accumulated value adjustments	38
Investments in projects, net	958
Cash and bonds	181
Repaid capital/paid-in capital during the year	(100)
Total equity capital	1,155
Total balance	1,155
Additional data
New projects contracted (no.)	7
Portfolio of projects end of year (no.)	88
Investments contracted	134
Investments disbursed	88
Undisbursed contracted investments incl. guarantees	331
Binding commitments not yet contracted	85
Key ratios
Gross contribution from projects/Average investment in projects - value adjusted	7.4%
Operating income/Average investment in projects value adjusted	5.4%
Net income for the year/Average total equity capital	4.9%
Accumulated value adjustments/Investments in projects at cost	4.1%
Average number of full-time employees (all three funds)	73
[*] Operating income = gross contribution from projects less operating expenses