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IKB Deutsche Industriebank AG: Figures for the first half of the financial year 2015/16 - Seite 3
financial year. On this basis, it expects to generate positive net income
after taxes and before additions to the fund for general banking risks
(section 340g HGB) for the financial year 2015/16 as a whole as planned.
This net income is expected to be slightly higher than in the financial
year 2014/15. Should profits be accumulated by IKB AG, IKB intends to
transfer them to the fund for general banking risks in accordance with
section 340g HGB as at the end of the financial year.
Servicing the compensation agreements of a total amount of EUR 1,151.5
million and the value recovery rights of the hybrid investors mean that IKB
AG will probably not report any, or only minimal, profit for a long time to
come, even if results are positive. In addition, to the extent that net
income can be reported in future, the reduction of net accumulated losses
means that it will not be possible to distribute a dividend to the
shareholders of IKB AG.
Further details on developments in the first half of 2015/16 can be found
in the 6-Month Report 2015/16 at
https://www.ikb.de/en/investor-relations/financial-reports.
Contact:
Dr Jörg Chittka, tel.: +49 211 8221-4349;
Armin Baltzer, tel.: +49 211 8221-6236, e-mail: presse@ikb.de
IKB Deutsche Industriebank AG supports medium-sized enterprises in Germany
and Europe with loans, risk management, capital market services and
advisory services.
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30.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: IKB Deutsche Industriebank AG
Wilhelm-Bötzkes-Straße 1
40474 Düsseldorf
Germany
Phone: +49 (0)211 8221-4511
Fax: +49 (0)211 8221-2511
E-mail: investor.relations@ikb.de
Internet: www.ikb.de
ISIN: DE0008063306
WKN: 806330
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hanover, Stuttgart; Open Market (Entry Standard) in
Frankfurt
End of News DGAP News Service
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419589 30.11.2015
in the 6-Month Report 2015/16 at
https://www.ikb.de/en/investor-relations/financial-reports.
Contact:
Dr Jörg Chittka, tel.: +49 211 8221-4349;
Armin Baltzer, tel.: +49 211 8221-6236, e-mail: presse@ikb.de
IKB Deutsche Industriebank AG supports medium-sized enterprises in Germany
and Europe with loans, risk management, capital market services and
advisory services.
---------------------------------------------------------------------------
30.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP 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: IKB Deutsche Industriebank AG
Wilhelm-Bötzkes-Straße 1
40474 Düsseldorf
Germany
Phone: +49 (0)211 8221-4511
Fax: +49 (0)211 8221-2511
E-mail: investor.relations@ikb.de
Internet: www.ikb.de
ISIN: DE0008063306
WKN: 806330
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hanover, Stuttgart; Open Market (Entry Standard) in
Frankfurt
End of News DGAP News Service
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419589 30.11.2015
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