Chat with Filing

Ask questions about this document

Please log in or register to use the chat feature. Please register first.

RNS - Change of Taxable base at CENIT AG Systemhaus

Company: CENIT AG Date: 2004-11-25 Language: English Register to download

Loading document preview...

Document Preview Not Available

The file type (.html) cannot be displayed directly here.

Open Original File

Error loading document preview. Please try the 'Open Original File' link.

You're One Click Away From The Full Filing

Instantly access this document—and 2.8M more—for free. Select your preferred method:

Continue with Google Continue with Microsoft Continue with Facebook Continue with Amazon

 News Details

Ad-hoc | 25 November 2004 09:41

#   

Change of Taxable base at CENIT AG Systemhaus

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Change of Taxable base at CENIT AG Systemhaus Stuttgart, November 25, 2004 – On occasion of this week’s tax audit at CENIT, tax authorities argued, against CENIT’s opinion, that losses, that resumed out of loans that were granted to foreign subsidiaries in the past years have partially to be assessed as contributions to capital and therefore have to be assigned to the earnings subject to income tax. Due to this fiscal estimation the base for the calculation of deferred tax assets could decrease from 4.71 Mill. EUR to 2.4 Mill. EUR. As a result of this new taxable base deferred tax assets could add up to 1.0 Mill. EUR. As we are expecting a positive business development in 2004, we assume that the accumulated deficit will be totally depleted in the ongoing business year and deferred tax assets will have to be dissolved effectively. Due to this fiscal estimation CENIT has – because of its positive business development – to pay taxes on income already in 2004 and therefore earlier than expected. For further information please contact: CENIT AG Systemhaus Fabian Rau Investor Relations/Public Relations Industriestraße 52-54, D-70565 Stuttgart Tel.: (+49) 7 11 / 78 25-3185 Fax: (+49) 7 11 / 78 25-4185 E-Mail: f.rau@cenit.de end of ad-hoc-announcement (c)DGAP 25.11.2004 ——————————————————————————– WKN: 540710; ISIN: DE0005407100; Index: NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 250941 Nov 04