The total number of IØ projects reached 432 at the end of 2009. Out of these IØ has exited from 344 projects. Success and profitability of IØ projects can only be evaluated in a long term perspective and - from IØ’s perspective - best after IØ’s exit. In the following, selected statistics and accounts shall be presented for the exited projects. Further, an analysis of the survival rate for all IØ projects is presented.
Internal rate of return (IRR) on exited projects
Total IRR on the 344 projects from which IØ has exited is 6.22%. The IRR on projects in the new EU member countries amounts to 7.45% against 0.63% in the remaining CIS states. For the Balkan countries, the IRR is negative with an IRR of -1.11%.
When related to size of partner, the highest IRR is achieved on projects where the Danish partner employs more than 300 people.
Related to size of project, the largest projects display the highest IRR.
Accumulated accounts
The realised contribution from the 344 projects exited in IØ since 1989 shows that IØ received a total gross contribution from projects of DKK 749.0m. Share capital investments contributed DKK 480.0m, while loans and guarantees contributed DKK 262.9m.
The cash flow on these exited project activities shows that operating activities generated a positive net cash flow of DKK 420.1m, while investing activities generated a net cash flow of DKK 329.1m.