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ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...

ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...

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20 Outcome from investments in purchased debt<br />

Increased<br />

revenue from<br />

purchase of<br />

receivables<br />

Over the past five years Intrum Justitia has increased its<br />

purchasing of receivables, in part because more clients<br />

want to sell their portfolios, and in part because we<br />

have increased our expertise in analyzing and purchasing<br />

portfolios with these types of receivables. Since<br />

2002 our revenues have increased from SEK 163 million to around<br />

SEK 861 million in 2010. In 2010 Intrum Justitia acquired 240<br />

portfolios for a value of SEK 1,050 M. Portfolio purchasing is divided<br />

up geographically and by different sectors. At the end of 2010,<br />

no single country accounted for more than 22 percent of our total<br />

portfolio. During 2010, Intrum Justitia introduced a production<br />

software for the Financial Services line, which includes workflow<br />

management and evaluation tools. It further industrializes our routines<br />

and increases the efficiency in the evaluation process.<br />

A PLAYER IN THE GLOBAL MARKET<br />

The market for overdue receivables is global, generates billions of<br />

SEK in revenue and consists of all types of credit portfolios. The<br />

companies selling their receivables are companies that grant credit,<br />

either as their primary service or as part of their overall business.

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