Kinnevik Results Presentation Deck
OUR NAV IS DOWN 10% WITH PRESSURE IN GROWTH BALANCED OUT
BY OUR SIGNIFICANT NET CASH POSITION AND A MORE RESILIENT TELE2
67.9
2.7
1.6
10.2
6.1
3.9
10.2
26.7
Q1 2022
5.0
2.1
(0.7)
(9.1)
Tele2
Capital Reallocation
Net Asset Value Development (SEKbn)
● Value-Based Care • Virtual Care • Platforms & Marketplaces • Software . Consumer Finance
• Early Bets & New Themes • Emerging Markets & Other Tele2
.Net Cash/(Debt) • Other Net Assets/(Liabilities)
(1.6)
Tele2
Value Change
(2.9)
Listed Growth
+1.0
(3.2)
Excluding liquidation preferences and currency
tailwinds, the fair value of our unlisted Growth
Portfolio would be SEK 3.6bn lower
Unlisted Growth
(Q2 Transaction
Valuations)
Unlisted Growth
+0.5
Net Investments in
Growth Portfolio
11
NAV
Down (10)%
61.1
2.5
1.4
9.4
6.9
2.8
7.8
16.0
1.6
Q2 2022
13.6
(0.8)
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