Dyckerhoff GmbH
Dyckerhoff AG: Annual Financial Statements 2012: Impairment on fixed assets and on deferred taxes
Dyckerhoff AG / Key word(s): Profit Warning/Miscellaneous 24.01.2013 18:13 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Wiesbaden, January 24, 2013 Annual Financial Statements 2012: Impairment on fixed assets and on deferred taxes In 2009, because of the former economic crisis, Dyckerhoff postponed a pre-started construction of a new plant in Russia and did not continue to date. Based on a now conducted extensive analysis, a resumption of the project at the planned location is not assured in the foreseeable future. Therefore, an impairment of about EUR 26 million on the fixed assets is required. As expected, sales and EBITDA of the Dyckerhoff group of fiscal year 2012 will range on previous year's level. However, EBIT and results before and after taxes will be below those of the previous year. In addition, the result after taxes will be affected by a write-down on deferred tax assets in the amount of about EUR 13 million, whose value has to be adjusted in the balance sheet according to the current evaluation of the results expectations in Germany. These write-downs are non-cash items and, therefore, they do not affect the expected operating cash flow and the net financial position for the fiscal year 2012. 24.01.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Dyckerhoff AG Biebricher Str. 69 65203 Wiesbaden Germany Phone: +49 (0)611 676-0 Fax: +49 (0)611 676-1040 E-mail: investor.relations@dyckerhoff.com Internet: dyckerhoff.com ISIN: DE0005591036, DE0005591002 WKN: 559103, 559100 Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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