DF Deutsche Forfait AG

Earnings Release • Oct 13, 2014

News Details

Ad-hoc | 13 October 2014 20:59

DF Deutsche Forfait AG: consolidated 9-month loss of around EUR 9.0 million

DF Deutsche Forfait AG / Key word(s): Miscellaneous

13.10.2014 20:59

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.

---

DF Deutsche Forfait AG: consolidated 9-month loss of around EUR 9.0 million

• One-time expenses of EUR 1.5 million reflect consulting costs incurred
  in relation to OFAC listing

Cologne, 13 October 2014 - As approved by the Board of Management today,
the financial accounts of DF Deutsche Forfait AG, Cologne, (Prime Standard,
ISIN: DE0005488795) show a consolidated loss of around EUR 9.0 million for
the first nine months of 2014 based on preliminary figures. The loss
includes EUR 1.5 million in one-time expenses for legal counselling and
other consulting costs related to the company's inclusion in the sanctions
list of the Office of Foreign Assets Control (OFAC). The preliminary loss
of the DF Deutsche Forfait AG based on the company's separate financial
statements, which are prepared in accordance with the German Commercial
Code (HGB), amounts to approximately EUR 8.4 million. According to these
preliminary figures, the 9-month loss has reduced DF Deutsche Forfait AG's
equity capital to approximately EUR 2.2 million (30 September 2014). The
amount of the DF Group's equity capital cannot be determined yet, as it is
dependent on the Group's 2013 financial statements, which will be subject
to a subsequent audit.

The Board of Management will inform the shareholders on current
developments at tomorrow's extraordinary shareholders' meeting in Cologne.

DF Deutsche Forfait AG continues to do everything possible to be removed
from the OFAC sanctions list in order to restore the company's ability to
act as quickly as possible.

DF Deutsche Forfait AG
Christoph Charpentier
Kattenbug 18 - 24
50667 Köln
T +49 221 97376-37
F +49 221 97376-60
E investor.relations@dfag.de
http://www.dfag.de

13.10.2014 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: DF Deutsche Forfait AG
Kattenbug 18-24
50667 Köln
Germany
Phone: +49 (0)221 - 973 76 0
Fax: +49 (0)221 - 973 76 76
E-mail: dfag@dfag.de
Internet: www.dfag.de
ISIN: DE0005488795, DE000A1R1CC4,
WKN: 548879, A1R1CC
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

---