PMM Global III K/S - CVR: 35383719

2022, EUR

06.02.2024

Bruttoresultat

-7.167'

Primær drift

Na.

Årets resultat

12.669'

Aktiver

137''

Kortfristede aktiver

0

Egenkapital

96.338'

Afkastningsgrad

0 %

Soliditetsgrad

70 %

Likviditetsgrad

0 %

Resultat

06.02.2024

Årsrapport	2022 06.02.2024	2021 10.02.2023	2020 08.02.2022	2019 01.03.2021	2018 25.02.2020	2017 06.02.2019	2016 12.02.2018
Nettoomsætning	1.974.000	1.497.000	1.776.000	5.671.000	7.731.000
Bruttoresultat	-7.167.000	-2.686.000	-12.310.000	8.417.000	7.577.000	0	0
Resultat af primær drift	0	0	0	0	0	9.870.000	3.710.000
Indtægter af kapitalandele (tilknyttede og associerede)	14.488.000	3.149.000	-185.000	26.482.000	7.493.000	13.377.000	27.099.000
Finansielle indtægter	6.438.000	1.618.000	3.080.000	5.925.000	4.780.000	1.554.000	7.031.000
Finansieringsomkostninger	-1.090.000	0	-6.345.000	-1.399.000	-2.470.000	-6.939.000	-9.052.000
Andre finansielle omkostninger	0	0	0	0	0	0	0
Resultat før skat	0	0	0	0	0	0	0
Resultat	12.669.000	2.081.000	-15.760.000	39.425.000	17.380.000	17.860.000	28.667.000
Forslag til udbytte	0	0	0	0	0	0	0

Aktiver

06.02.2024

Årsrapport	2022 06.02.2024	2021 10.02.2023	2020 08.02.2022	2019 01.03.2021	2018 25.02.2020	2017 06.02.2019	2016 12.02.2018
Kortfristede varebeholdninger	0	0	0	0	0	0	0
Kortfristede tilgodehavender fra salg og tjenesteydelser	0	0	1.604.000	13.676.000	28.952.000	0	0
Likvider	0	0	0	1.217.000	0	8.046.000	1.641.000
Kortfristede aktiver	0	1.569.000	1.604.000	14.893.000	28.952.000	36.691.000	41.537.000
Immaterielle aktiver og goodwill	0	0	0	0	0	0	0
Finansielle anlægsaktiver	0	0	141.725.000	174.661.000	196.225.000	24.340.000	37.645.000
Materielle aktiver	0	0	0	0	0	44.347.000	50.242.000
Langfristede aktiver	136.959.000	136.608.000	141.725.000	174.661.000	196.225.000	182.255.000	194.302.000
Aktiver	136.959.000	138.177.000	143.329.000	189.554.000	225.177.000	218.947.000	235.839.000

Aktiver

06.02.2024

Passiver

06.02.2024

Årsrapport	2022 06.02.2024	2021 10.02.2023	2020 08.02.2022	2019 01.03.2021	2018 25.02.2020	2017 06.02.2019	2016 12.02.2018
Forslag til udbytte	0	0	0	0	0	0	0
Egenkapital	96.338.000	118.408.000	124.226.000	171.138.000	218.773.000	218.898.000	235.804.000
Hensatte forpligtelser	0	0	0	0	0	0	0
Langfristet gæld til banker	0	0	0	0	0	0	0
Anden langfristet gæld	0	0	0	0	0	0	0
Leverandører af varer og tjenesteydelser	0	0	0	0	0	0	0
Kortfristede forpligtelser	0	0	19.103.000	18.416.000	6.404.000	49.000	35.000
Gældsforpligtelser	40.621.000	19.769.000	19.103.000	18.416.000	6.404.000	49.000	35.000
Forpligtelser	40.621.000	19.769.000	19.103.000	18.416.000	6.404.000	49.000	35.000
Passiver	136.959.000	138.177.000	143.329.000	189.554.000	225.177.000	218.947.000	235.839.000

Passiver

06.02.2024

Nøgletal

06.02.2024

Årsrapport	2022 06.02.2024	2021 10.02.2023	2020 08.02.2022	2019 01.03.2021	2018 25.02.2020	2017 06.02.2019	2016 12.02.2018
Afkastningsgrad	Na.	Na.	Na.	Na.	Na.	4,5 %	1,6 %
Dækningsgrad	-363,1 %	-179,4 %	-693,1 %	148,4 %	98,0 %	Na.	Na.
Resultatgrad	641,8 %	139,0 %	-887,4 %	695,2 %	224,8 %	Na.	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Egenkapitals-forretning	13,2 %	1,8 %	-12,7 %	23,0 %	7,9 %	8,2 %	12,2 %
Payout-ratio	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Gældsdæknings-nøgletal	Na.	Na.	Na.	Na.	Na.	142,2 %	41,0 %
Soliditestgrad	70,3 %	85,7 %	86,7 %	90,3 %	97,2 %	100,0 %	100,0 %
Likviditetsgrad	Na.	Na.	8,4 %	80,9 %	452,1 %	74.879,6 %	118.677,1 %

Resultat

06.02.2024

Gæld

06.02.2024

Årsrapport

06.02.2024

Nyeste:01.10.2022- 30.09.2023(offentliggjort: 06.02.2024)

Information om virksomhedens regnskabsklasse:The annual report of PMM Global III K/S has been prepared in accordance with the provisions in the Danish Financial Statements Act applying to medium‑sized reporting class C entities with the adjustments following the legal form and operating activities of the Fund. The figures regarding SPF III US HUH K/S are included in the consolidated financial statements for PMM Global III K/S, why there is no requirement to submit a stand‑alone financial statement for this entity. Instead of submitting a stand‑alone financial statement for SPF III US HUH K/S, Management will submit an exemption statement in accordance with section 5(1) of the Danish Financial Statement Act.

Beretning

06.02.2024

Dato for ledelsens godkendelse af årsrapporten:2022-12-19

Ledelsespåtegning:Statement by the Board of Directors

Beskrivelse af usikkerhed ved indregning eller måling:Recognition and measurement uncertaintiesInvestments in associates and property investments are measured at fair value. The measurementincludes accounting estimates and is, therefore, subject to uncertainty. Uncertainty in the global markets driven by geopolitical risksThe financial year 2021/22 has been one of increasing uncertainty due to geopolitical issues around theworld and not least in Europe with the Russian war against Ukraine. This has led to supply chain issueswithin raw materials, food products and energy. Coupled with very tight labour markets in both NorthAmerica and Europe, we have seen inflation rising to highs of 8-10% and as a result, significantly in-creasing interest rates to combat inflation. The inflation and rising interest rates have impacted real estate capital markets materially, leading to asignificant drop in transaction volumes. In Asia, especially China and Hong Kong are still impacted byCovid-19, which has a dampening effect on growth. Also, some of the traditional strong cosmopolitanoffice markets, in especially the US, are seeing post-Covid-19 effects, where office usage levels are farfrom prior levels and office occupiers are reconsidering their space requirements. On top of this, ESGmatters and the decarbonization demand play a greater and greater role for occupiers and hence re-quirements for upgrading of existing space. All these external factors influence the pricing of real estate and reduced liquidity makes it more difficultfor valuers to determine fair value. The increase in base interest rates, margin pressure and reducedleverage levels have also had or is expected to impact real estate valuations, which can only partly beoff-set by rental inflation. That said, the consequences vary very much by sector, project type and loca-tion of the specific assets. For the nine remaining investments in PMM Global III K/S, we have therefore also seen quite some vary-ing results ending the financial year 2021/22 overall at a result equating to 2. 8%. Especially, our Man-hattan focused investment in Savanna III have faced the difficult market conditions and experienced asignificant value reduction. We have stayed in close contact with our partners throughout the year to assess the consequences andthe business plans have been adjusted to the environment where necessary. Disclosure requirements in respect of section 61 (3) of the Danish FAIF ActWe can inform, that during the financial year there have been no changes to the disclosures regardingsections 62, 64 and 65. The disclosures are included in the quarterly investor reports. In respect of therequested disclosure of total remunerations paid to the management of PATRIZIA Global Partners A/S,this can be found in the annual report for PATRIZIA Global Partners A/S, which can be found atwww. erhvervsstyrelsen. dk. The disclosures are given on manager level and are neither allocated norshown per individually managed fund.

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:Today, the Management has discussed and approved the annual report of PMM Global III K/S for the financial year 1 October 2021 ‑ 30 September 2022.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:Business reviewPMM Global III K/S' business concept is investment in and management of indirect investments inforeign property via international operating partners.