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  "documentTitle": "Kinnevik | Results Presentation Deck | 12 slides",
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  "presentationDate": "2020-02-01 00:00:00",
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  "notes": "Includes a conceptual chart of valuation deviation and a maturity model for disclosure levels.",
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      "text": "Squaring unlisted, growth-focused companies operating in highly dynamic environments with public equity market disclosure standards poses challenges. We are actively working with our companies to improve how we report their performance to our investors.",
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      "text": "Our unlisted holdings are valued using IFRS 13 and the International Private Equity and Venture Capital Valuation Guidelines. Fair values are typically based on trading multiples of relevant peer groups - and in some cases on discounted cash flows.",
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      "text": "We continue to work towards more dynamic and transparent assessments of fair values, and will introduce improvements of how we report the performance of our companies during 2020",
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      "text": "OUR VALUATION FRAMEWORK RENDERS QUARTER-ON-QUARTER CHANGES IN SEVERAL OF OUR INVESTMENTS' ASSESSED FAIR VALUES",
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