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    DGAP-Adhoc  464  0 Kommentare KHD Humboldt Wedag International AG: Correction of errors in KHD's Consolidated Financial Statements


    KHD Humboldt Wedag International AG / Key word(s): Miscellaneous

    19.06.2015 14:14

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    Correction of Errors in KHD's Consolidated Financial Statements

    Cologne, Germany, June 19, 2015 - In connection with a detailed analysis of
    projects in the execution phase, errors in the measurement of individual
    projects in the 2014 financial year have been identified. These errors
    relate to the US subsidiary of KHD Humboldt Wedag International AG (KHD),
    Cologne.

    The exact amounts of the corrections to be made are currently under
    investigation and should be available by approximately the end of July.
    According to current conclusions, the corrections, in accordance with IAS
    8, shall be made retrospectively. By restating the comparative amounts for
    the prior period (balance sheet as of December 31, 2014), these corrections
    will be included in KHD's upcoming Half Year Report 2015. The restatements
    to be made in the income statement for the 2014 financial year will be
    disclosed in the notes of the Half Year Report 2015. The corrections will
    lead to an equity reduction of several million euros.

    KHD's individual financial statements prepared in accordance with German
    GAAP (HGB) are not affected by the correction of the above mentioned
    errors.

    KHD Group
    KHD is a global leader for providing equipment and services to cement
    producers with over 150 years of experience in the cement industry. Process
    engineering and project management are among the core competencies of the
    technology-focused group. KHD offers a wide spectrum of products and
    services for the cement industry and is a leader in environmentally
    friendly and energy-efficient products for the grinding and pyro processing
    sections of the plants. The holding company KHD Humboldt Wedag
    International AG, based in Cologne, Germany, coordinates its
    internationally operating subsidiaries. The group employs more than 750
    employees worldwide, including customer service centers in growing markets
    like India, Russia and the Asia Pacific region. KHD Humboldt Wedag
    International AG (ISIN: DE0006578008, WKN: 657800) is listed on the
    Frankfurt stock exchange (General Standard). More information: www.khd.com.

    Additional Information:
    ISIN: DE0006578008
    Securities identification number (WKN): 657800
    Market segment: Regulated Market (General Standard) of the Frankfurt Stock
    Exchange
    KHD Humboldt Wedag International AG
    Colonia-Allee 3
    51067 Cologne, Germany

    End of Ad-hoc Announcement

    Contact:
    KHD Humboldt Wedag International AG
    Michael Nielsen
    Investor Relations
    Tel.: +49 (0)221 - 6504-1500
    E-Mail: michael.nielsen@khd.com
    Website: www.khd.com


    19.06.2015 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: KHD Humboldt Wedag International AG
    Colonia-Allee 3
    51067 Köln
    Germany
    Phone: +49 (0)221 6504 1500
    Fax: +49 (0)221 6504 1409
    E-mail: michael.nielsen@khd.com
    Internet: www.khd.com
    ISIN: DE0006578008
    WKN: 657800
    Listed: Regulated Market in Frankfurt (General Standard); Regulated
    Unofficial Market in Berlin

    End of Announcement DGAP News-Service

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    DGAP-Adhoc KHD Humboldt Wedag International AG: Correction of errors in KHD's Consolidated Financial Statements KHD Humboldt Wedag International AG / Key word(s): Miscellaneous 19.06.2015 14:14 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of …