TelesensKSCL AG
TelesensKSCL AG english
Ad hoc announcement dated 12 June 2002
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Ad hoc announcement: TelesensKSCL
Cologne, 12 June 2002 – Deutsche Telekom AG, who indirectly holds 25.9% in
TelesensKSCL AG, has notified the company, that in its U.S. Annual Report
(“amended 20-F”) financial information in relation to TelesensKSCL AG for the
business year 2001 in accordance with U.S. GAAP has to be disclosed. Their
statement will include the following key figures: revenues of EUR 82 million, a
net loss of EUR 245 million, and, as per 31 December 2001, a balance sheet total
in the amount of EUR 135 million, liabilities of EUR 69 million and an equity
in the amount of EUR 66 million.
The Management Board of TelesensKSCL AG points out that the information given is
based on values calculated for TelesensKSCL group which are preliminary and not
finally audited. TelesensKSCL AG’s consolidated accounts in accordance with IAS
and its individual accounts in accordance with the German Commercial Code (HGB)
may diverge substantially. This applies in particular in case of the opening of
insolvency proceedings. The Management Board in this regard refers to its
announcement dated 3 June 2002.
At the same time, the Management Board informs that Thomas Grothe, Managing
Director of T-Telematik Venture Holding GmbH, Bonn, today was appointed new
member of the Supervisory Board of TelesensKSCL AG. Christian Stolorz leaves the
Board for health reasons.
Investor Relations-Kontakt: Nina von Moltke
E-Mail: investor@telesenskscl.com
Internet: http://www.TelesensKSCL.com
TelesensKSCL AG, Global Solutions
Ferdinand-Porsche-Straße 1, 51149 Köln
Tel.: +49 2203 91 28 888, Fax.: +49 2203 91 28 150
end of ad-hoc-announcement (c)DGAP 12.06.2002
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WKN: 529970; ISIN: DE0005299705; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
122005 Jun 02
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