Volta Finance Limited
Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.
Publicatie datum
07 jul 2008 - 12:44
Statutaire naam
Volta Finance Limited
Titel
VOLTA FINANCE - PUBLICATION OF SEMI-ANNUAL REPORT & ACCOUNTS 2008
Bericht
Guernsey, 4 April 2008 - Volta Finance Limited (the "Company" or "Volta Finance") has published its semi-annual report and accounts 2008. The full report and the presentation of the semi-annual results are attached to this release and are available on Volta Finance Limited's financial website (www.voltafinance.com).
Semi-Annual Report & Accounts Highlights:
- Net Asset Value ("NAV") of €217 million (€7.22 per share) at 31 January 2008.
- Net loss of the Company of €28.2m (€0.94 per share) following the recognition of an impairment under IFRS accounting for five UK non-conforming ABS and unrealised mark-to-market losses of assets held for trading and derivative financial instruments such as the TRS.
- Distribution Income of the Company negative at -€33m (-€1.10 per share), reflecting the recognition of a reduction in expected cash flows both from the TRS and on five UK non-conforming ABS assets.
- Considering the negative Distribution Income and the interests of its shareholders, the Company has decided not to pay an interim dividend for this semi-annual period. The cash generated by the Company will be maintained within the Company in order to take advantage of reinvestment opportunities which we hope will increase our ability to pay dividends in the future.
- Considering current market conditions and the present level of uncertainty, the Company does not believe that it can issue meaningful dividend guidance for the next semi-annual period.
Datum laatste update: 11 januari 2026