IN-motion AG
IN-motion AG english
IN-motion announces preliminary US-GAAP figures
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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IN-motion announces preliminary US-GAAP figures
Frankfurt am Main, March 1, 2002 – The international media group,IN-motion AG,
Frankfurt, had sales of DEM 302 million and a profit of DEM 11 million
according to US-GAAP in the financial year 2000/2001 ending September 30, 2001.
These figures are based on the financial result established by IN-motion AG and
have not yet been audited.
IN-motion AG’s executive board and the auditors currently have a different
opinion regarding the realization of income from production services from a
media fund. Further discussions regarding this topic will take place in the
coming days.
The point of view held by the auditors would consequently mean, that in a
worst case scenario, the income from production services would be reduced by
more than DEM 100 million according to US-GAAP and a significant part from the
profit would not be able to be shown for 2000/2001. The HGB income and profit
are not affected by this. According to HGB, the company has an unaudited income
before taxes of DEM 37 million and net profit of DEM 18 million. The liquidity
at the end of the reporting period amounts to approximately DEM 60 million and
secures the further growth of the IN-motion AG.
end of ad-hoc-announcement (c)DGAP 01.03.2002
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WKN: 622380; ISIN: DE0006223803; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
011524 Mär 02
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