The total credit volume of the Framtiden Group is currently around SEK 14.4 billion and is allocated as follows on the credit market:
SEK (millions)
8,500
5,700
240
A major part of the loan volume has been raised by the Parent Company for the purposes of re-lending within the Group, while the remaining loans are direct loans raised by each subsidiary. The collateral for these loans is almost exclusively in the form of mortgages on the Group properties.
Financing is primarily undertaken in a co-ordinated form within the Framtiden Group, while the operative handling of the various credit portfolios is taken care of by each company. Control on the part of the Parent Company is exercised mainly through a financial policy that functions as a regulatory framework for the subsidiaries.
Förvaltnings AB Framtiden | Box 111, SE-401 21 Göteborg | Visiting address: Åvägen 40 | +46 31 773 75 50 | framtiden(a)framtiden.se
Parent Company in the Framtiden Group, wholly owned by the City of Gothenburg
