The company has invested mainly in securities with high liquidity issued by Bulgarian issuers. These investments account for 56.86% of the total value of Advance Invest’s assets, distributed in capital securities (51.97%) and financial assets held to maturity (4.89%).
Stock of companies traded on the Bucharest Stock Exchange accounted for 18.36% of Advance Invest’s total assets as of 31 march 2007.
Cash represented 20.22% of the assets’ value, including cash held in bank deposits with 3-month maturity, which accounted for 15.43% of the assets.
As of 31 March 2007 the net value of Advance Invest’s assets was 40,372,703 leva. The number of shares in circulation was 14,849,522. The net value of the asset per share was 2.7188 leva, equal to the issue value, and the buy-back price was 2.6780 leva per share.
The reserve, formed from follow-up evaluations of capital securities, was in the amount of 10,464,699 leva in the end of the first quarter. Revenues from follow-up evaluations stood at 472,556 leva, while costs from such evaluations totaled 425,685 leva.